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اردو

Jul 21, 2026 اردو

Print Edition BR Markets Dollar to PKR

Intl Oil Prices Iran-US war Petrol Prices Gold Rates Podcasts PSX Notices

Business & Finance Print edition: 2024-11-14

Adani Group to invest $10bn in US energy following Trump win

Published November 14, 2024 Updated November 14, 2024 06:33am

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By Reuters

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BENGALURU: India’s Adani Group will invest $10 billion in US energy security and infrastructure projects, aiming to create up to 15,000 jobs, chairman Gautam Adani said in a post on social media platform X on Wednesday.

The billionaire announced the investment, with no specific timeline, while congratulating US President-elect Donald Trump on his election win.

Trump has vowed to make it easier for energy companies to drill on federal land and build new pipelines, and law firms with strong traditional energy practices could benefit under his second administration.

Adani Group was accused by US-based short-seller Hindenburg Research in January 2023 of improper use of offshore tax havens and stock manipulation that sparked a $150 billion rout in shares of the group’s companies.

Gautam Adani Adani Group

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BR100
BR30
KSE100
KSE30
KMI30

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 20	278.15
USD PKR Interbank Buying / Jul 20	277.95
USD to Japanese Yen / Jul 21	162.52
USD to Swiss Franc / Jul 21	0.81
Pound Sterling to USD / Jul 21	1.34
Euro to USD / Jul 21	1.14
SOFR % / Jul 20	3.62

Stock	Volume
S&P 500 / Jul 20	7,443.28
Nasdaq / Jul 20	25,508.07
Dow Jones / Jul 20	51,839.26
India Sensex / Jul 21	77,478.67
Tokyo Nikkei / Jul 21	65,077.32
Hang Seng / Jul 21	25,036.86
FTSE 100 / Jul 21	10,506.59
Germany DAX 30 / Jul 21	24,879.67
France CAC40 / Jul 21	8,348.97

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 20	18,880
Gold 10 Grams PKR / Jul 20	363,971
Petrol/Litre / Jul 21	316.15
Crude Oil USD/Barrel / Jul 21	82.50
Gold Spot USD/Ounce / Jul 21	4,050.88
Diesel/Litre / Jul 21	354.35
Cotton US¢/pound / Jul 21	79.38

Gainers
Losers
Leaders

Stock	Price
Trust Sec.& Brok. / Jul 21 Trust Securities & Brokerage Limited(TSBL)	2.49 ▲ 0.34 (15.81%)
Azgard Nine (Non-Voti) / Jul 21 Azgard Nine (Non-Voti)(ANLNV)	9.30 ▲ 0.98 (11.78%)
Invest Capital Invest Bank / Jul 21 Invest Capital Investment Bank Limited(ICIBL)	21.75 ▲ 1.98 (10.02%)
Crescent Cotton / Jul 21 Crescent Cotton Mills Limited(CCM)	64.96 ▲ 5.91 (10.01%)
First IBL Mod. / Jul 21 First IBL Modaraba(FIBLM)	15.27 ▲ 1.39 (10.01%)
Gammon Pak / Jul 21 Gammon Pakistan Limited(GAMON)	21.98 ▲ 2 (10.01%)
Ahmad Hassan / Jul 21 Ahmad Hassan Textile Mills Limited(AHTM)	110.23 ▲ 10.02 (10%)
Asia Ins. / Jul 21 Asia Insurance Company Limited(ASIC)	41.69 ▲ 3.79 (10%)
Biafo Ind. / Jul 21 Biafo Industries Limited(BIFO)	130.83 ▲ 11.89 (10%)
Dewan Farooque Sp. / Jul 21 Dewan Farooque Spinning Mills Limited(DFSM)	18.15 ▲ 1.65 (10%)

Stock	Price
Khairpur Sug. / Jul 21 Khairpur Sugar Mills Limited(KPUS)	1,515.89 ▼ -168.43 (-10%)
Service Textile / Jul 21 Service Industries Textiles Limited(SERT)	50.44 ▼ -5.6 (-9.99%)
United Insurance / Jul 21 The United Insurance Company(UNIC)	12.90 ▼ -1.19 (-8.45%)
Blessed Tex. / Jul 21 Blessed Textiles Limited(BTL)	945 ▼ -70.74 (-6.96%)
Baba Farid Sugar / Jul 21 Baba Farid Sugar Mills Limited(BAFS)	431 ▼ -29.42 (-6.39%)
Imperial Limited / Jul 21 Imperial Limited(IML)	22.53 ▼ -1.48 (-6.16%)
Maqbool Textile / Jul 21 Maqbool Textile Mills Limited(MQTM)	31.50 ▼ -1.93 (-5.77%)
Shaheen Ins. / Jul 21 Shaheen Insurance Company Limited(SHNI)	9.65 ▼ -0.59 (-5.76%)
Arpak Int. / Jul 21 Arpak International Investments Ltd.(ARPAK)	132.50 ▼ -7.43 (-5.31%)
Popular Islamic / Jul 21 Popular Islamic Modaraba(PIM)	23.80 ▼ -1.31 (-5.22%)

Stock	Volume
Cnergyico PK / Jul 21 Cnergyico PK Limited(CNERGY)	175,827,630 ▼ -0.41
Trust Sec.& Brok. / Jul 21 Trust Securities & Brokerage Limited(TSBL)	99,012,852 ▲ 0.34
TPL Properties / Jul 21 TPL Properties Limited(TPLP)	52,482,975 ▲ 0.59
Pak Refinery / Jul 21 Pakistan Refinery Limited(PRL)	46,875,290 ▲ 0.24
F. Nat.Equities / Jul 21 First National Equities Limited(FNEL)	24,618,927 ▲ 0.02
TPL Corp Ltd / Jul 21 TPL Corp Limited(TPL)	19,806,898 ▲ 1.29
WorldCall Telecom / Jul 21 Worldcall Telecom Limited(WTL)	18,903,284 ▲ 0.03
B.O.Punjab / Jul 21 The Bank of Punjab(BOP)	18,477,688 ▲ 0.46
K-Electric Ltd. / Jul 21 K-Electric Limited(KEL)	11,866,576 ▲ 0.11
Unity Foods Ltd / Jul 21 Unity Foods Limited(UNITY)	11,194,284 ▲ 0.45