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اردو

Jul 08, 2026 اردو

Print Edition BR Markets Dollar to PKR

Budget 2026-27 Iran-US war Petrol Prices Gold Rates Podcasts PSX Notices

Business & Finance Print edition: 2020-07-12

Billionaire Musk's net worth zooms past Warren Buffett's

Published July 12, 2020 Updated July 12, 2020 03:02am

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By Reuters

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NEW YORK: Elon Musk's net worth soared past Warren Buffett on Friday as the chief executive officer of Tesla Inc became the seventh richest person in the world, according to the Bloomberg Billionaires Index.

Musk's fortune rose by $6.07 billion on Friday, Bloomberg News said, following a 10.8% jump in the electric carmaker's stock. Buffett's net worth dropped earlier this week when he donated $2.9 billion in Berkshire Hathaway stock to charity, the report added.

Tesla's shares have surged 500% over the past year as the company increased sales of its Model 3 sedan. The blistering rally also puts Musk in reach of a payday potentially worth $1.8 billion, his second jackpot from the electric car maker in about two months. The stock is up about 38% since the close on July 1, a day before the company reported its quarterly delivery numbers.

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 7	278.30
USD PKR Interbank Buying / Jul 7	278.10
USD to Japanese Yen / Jul 8	162.33
USD to Swiss Franc / Jul 8	0.81
Pound Sterling to USD / Jul 8	1.34
Euro to USD / Jul 8	1.14
SOFR % / Jul 7	3.66

Stock	Volume
S&P 500 / Jul 7	7,503.85
Nasdaq / Jul 7	25,818.69
Dow Jones / Jul 7	52,925.15
India Sensex / Jul 8	77,782.18
Tokyo Nikkei / Jul 8	67,268.49
Hang Seng / Jul 8	24,241.74
FTSE 100 / Jul 8	10,604.19
Germany DAX 30 / Jul 8	25,225.57
France CAC40 / Jul 8	8,377.55

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 7	17,880
Gold 10 Grams PKR / Jul 7	372,887
Petrol/Litre / Jul 8	297.53
Crude Oil USD/Barrel / Jul 8	72.62
Gold Spot USD/Ounce / Jul 8	4,127.97
Diesel/Litre / Jul 8	309.50
Cotton US¢/pound / Jul 8	80.72

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 8 Dadabhoy Cement Industries Limited(DBCI)	8.55 ▲ 1 (13.25%)
Azgard Nine (Non-Voti) / Jul 8 Azgard Nine (Non-Voti)(ANLNV)	9 ▲ 1 (12.5%)
Premier Insurance / Jul 8 Premier Insurance Limited(PINL)	12.72 ▲ 1.16 (10.03%)
Next Capital / Jul 8 Next Capital Limited(NEXT)	17.34 ▲ 1.58 (10.03%)
Cresent Jute / Jul 8 Crescent Jute Products Limited(CJPL)	16.82 ▲ 1.53 (10.01%)
Equity Modaraba / Jul 8 First Equity Modaraba(FEM)	12.31 ▲ 1.12 (10.01%)
Service Textile / Jul 8 Service Industries Textiles Limited(SERT)	47.69 ▲ 4.34 (10.01%)
Baba Farid Sugar / Jul 8 Baba Farid Sugar Mills Limited(BAFS)	392.15 ▲ 35.65 (10%)
Burshane LPG / Jul 8 Burshane LPG (Pakistan) Limited(BPL)	57.20 ▲ 5.2 (10%)
Fateh Ind. / Jul 8 Fateh Industries Limited(FIL)	390.13 ▲ 35.47 (10%)

Stock	Price
Tariq Corp. (R) / Jul 8 Tariq Corporation Limited(Right)(TCORPR2)	5.44 ▼ -0.98 (-15.26%)
Dewan Farooque Sp. / Jul 8 Dewan Farooque Spinning Mills Limited(DFSM)	26.62 ▼ -2.96 (-10.01%)
Ansari Sug. / Jul 8 Ansari Sugar Mills Limited(ANSM)	34.01 ▼ -3.78 (-10%)
Khairpur Sug. / Jul 8 Khairpur Sugar Mills Limited(KPUS)	1,720.29 ▼ -191.14 (-10%)
S.G.Power / Jul 8 S.G. Power Limited(SGPL)	95.05 ▼ -10.56 (-10%)
Sally Textile / Jul 8 Sally Textile Mills Limited(SLYT)	16.11 ▼ -1.79 (-10%)
Premier Sugar / Jul 8 The Premier Sugar Mills(PMRS)	709.69 ▼ -78.85 (-10%)
Agritech Non-voting / Jul 8 Agritech Non-Voting Preference(AGLNCPS)	36 ▼ -4 (-10%)
Cordoba Logistics / Jul 8 Cordoba Logistics & Ventures Limited(CLVL)	20.73 ▼ -2.3 (-9.99%)
Ghani Global Holding / Jul 8 Ghani Global Holdings Limited(GGL)	23.72 ▼ -2.5 (-9.53%)

Stock	Volume
WorldCall Telecom / Jul 8 Worldcall Telecom Limited(WTL)	195,634,155 ▲ 0.07
Cnergyico PK / Jul 8 Cnergyico PK Limited(CNERGY)	77,614,434 ▲ 0.06
LSE Capital / Jul 8 LSE Capital Limited(LSECL)	57,994,960 ▲ 0.49
Pace (Pak) Ltd. / Jul 8 Pace (Pakistan) Limited(PACE)	47,822,237 ▲ 0.48
K-Electric Ltd. / Jul 8 K-Electric Limited(KEL)	39,245,432 ▼ -0.33
Pak Refinery / Jul 8 Pakistan Refinery Limited(PRL)	38,028,278 ▲ 0.85
F. Nat.Equities / Jul 8 First National Equities Limited(FNEL)	36,757,212 ▲ 0.02
B.O.Punjab / Jul 8 The Bank of Punjab(BOP)	32,093,804 ▼ -2.17
Hira Textile / Jul 8 Hira Textile Mills Limited(HIRAT)	26,606,234 ▼ -0.47
Maple Leaf Cement / Jul 8 Maple Leaf Cement Factory Limited(MLCF)	21,119,561 ▼ -7.01