News Archives for Pakistan - 2026-05-12 - Business Recorder

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Oct 15, 2026 اردو

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Pakistan - 2026-05-12

Second Qatari LNG tanker successfully crosses Hormuz to Pakistan as Iran war continues, data shows

Middle East

Second Qatari LNG tanker successfully crosses Hormuz to Pakistan as Iran war continues, data shows

LONDON: A second Qatari liquefied natural gas tanker successfully went through the Strait of Hormuz on Tuesday, days...

Published 12 May, 2026 10:55pm

Pakistan, China FMs discuss regional situation, Iran-US engagement efforts

Pakistan

Pakistan, China FMs discuss regional situation, Iran-US engagement efforts

China's Foreign Minister Wang Yi praised Pakistan's 'constructive mediation role' in facilitating dialogue between Iran and the United States.

Published 12 May, 2026 09:32pm

Pakistan, Azerbaijan reaffirm deep ties, discuss regional peace efforts

Pakistan

Pakistan, Azerbaijan reaffirm deep ties, discuss regional peace efforts

PM Shehbaz and President Aliyev reaffirmed strong Pakistan-Azerbaijan ties, committing to boost cooperation in trade, energy, and people-to-people links, while discussing Middle East peace.

Published 12 May, 2026 08:52pm

Pakistan to increase oil imports from Russia amid Hormuz crisis, reports

Business & Economy

Pakistan to increase oil imports from Russia amid Hormuz crisis, reports

Driven by the Strait of Hormuz crisis, Pakistan and Russia are advancing a key gas pipeline project

Published 12 May, 2026 02:03pm

Eid-ul-Azha likely on May 27: Suparco

Pakistan

Eid-ul-Azha likely on May 27: Suparco

Cites favorable astronomical conditions for the Zilhajj moon sighting on May 17

Published 12 May, 2026 01:07pm

Nine killed in blast in KP's Lakki Marwat market, police say

Pakistan

Nine killed in blast in KP's Lakki Marwat market, police say

At least seven people, including two police officials and five civilians, were killed in a blast at a market in...

Updated 12 May, 2026 03:44pm

Pakistan refutes claims of Iranian aircraft at Nur Khan Base

Pakistan

Pakistan refutes claims of Iranian aircraft at Nur Khan Base

Clarifies their presence was for diplomatic support during peace talks

Updated 12 May, 2026 07:56pm

Pakistan summons Afghan diplomat over Bannu attack

Pakistan

Pakistan summons Afghan diplomat over Bannu attack

ISLAMABAD: The Afghan Chargé d’Affaires in Pakistan was summoned to the Ministry of Foreign Affairs (MOFA) and...

Published 12 May, 2026 07:11am

Victory in Bunyanum Marsoos: Punjab Assembly holds special session

Pakistan

Victory in Bunyanum Marsoos: Punjab Assembly holds special session

LAHORE: The Punjab Assembly held a special session on Monday to commemorate the first anniversary of Pakistan’s...

Published 12 May, 2026 07:08am

President, PM hold key meeting

Pakistan

President, PM hold key meeting

ISLAMABAD: President Asif Ali Zardari and Prime Minister Shehbaz Sharif on Monday held a key meeting at Aiwan-e-Sadr...

Updated 12 May, 2026 09:10am

Ma’arka-e-Haq: Sindh Assembly heaps praise on armed forces

Pakistan

Ma’arka-e-Haq: Sindh Assembly heaps praise on armed forces

KARACHI: The Sindh Assembly on Monday unanimously adopted a resolution lauding the Pakistan armed forces for their...

Published 12 May, 2026 06:01am

IRSA Sindh Member’s resignation accepted

Pakistan

IRSA Sindh Member’s resignation accepted

ISLAMABAD: The federal government has accepted the resignation of Ehsan ul Haq Leghari from the post of Member IRSA...

Published 12 May, 2026 06:01am

Luggage van outsourcing: Railways generates Rs5.91bn in five years

Pakistan

Luggage van outsourcing: Railways generates Rs5.91bn in five years

ISLAMABAD: Pakistan Railways has generated a revenue of PKR 5.91 billion over the past five years through the...

Published 12 May, 2026 06:01am

Govt lauded for securing LNG cargoes despite US-Iran conflict

Pakistan

Govt lauded for securing LNG cargoes despite US-Iran conflict

ISLAMABAD: Private sector leaders have lauded the government for securing LNG cargoes under long-term contracts...

Published 12 May, 2026 06:01am

CCRI research land: PBF urges CM to halt proposed Gymkhana summary

Pakistan

CCRI research land: PBF urges CM to halt proposed Gymkhana summary

LAHORE: The Pakistan Business Forum (PBF) has urged the Chief Minister Punjab, Maryam Nawaz Sharif, to reconsider...

Published 12 May, 2026 06:01am

Lahore police arrest 2,210 ‘members’ of over 1,000 gangs

Pakistan

Lahore police arrest 2,210 ‘members’ of over 1,000 gangs

LAHORE: Lahore Police, during effective operations against criminal elements, arrested 2,210 members of 1,018 gangs....

Published 12 May, 2026 06:01am

LHC orders return of Rs70m to Punjab CM

Pakistan

LHC orders return of Rs70m to Punjab CM

LAHORE: The Lahore High Court (LHC) on Monday ordered to return rupees seventy million deposited by the Punjab Chief...

Published 12 May, 2026 06:01am

Equality, dignity, non-discrimination: CJP reiterates judiciary’s commitment to constitutional values

Pakistan

Equality, dignity, non-discrimination: CJP reiterates judiciary’s commitment to constitutional values

ISLAMABAD: Chief Justice of Pakistan Yahya Afridi reiterated the judiciary’s commitment to constitutional values of...

Published 12 May, 2026 06:01am

Victory in Bunyanum Marsoos: Punjab Assembly holds special session

Pakistan

Victory in Bunyanum Marsoos: Punjab Assembly holds special session

LAHORE: The Punjab Assembly held a special session on Monday to commemorate the first anniversary of Pakistan’s...

Published 12 May, 2026 06:01am

Dar speaks with KSA FM

Pakistan

Dar speaks with KSA FM

ISLAMABAD: Deputy Prime Minister and Foreign Minister (DPM/FM) Senator Mohammad Ishaq Dar on Monday spoke with Saudi...

Published 12 May, 2026 06:01am

4 dead, 16 injured in rain-related incidents in KP

Pakistan

4 dead, 16 injured in rain-related incidents in KP

PESHAWAR: Four people have died and sixteen (16) injured in houses walls collapse incidents due to rain and storm...

Published 12 May, 2026 06:01am

Dar, Baker discuss ME situation

Pakistan

Dar, Baker discuss ME situation

ISLAMABAD: US Chargé d’Affaires Natalie A Baker called on Deputy Prime Minister and Foreign Minister (DPM/ FM)...

Published 12 May, 2026 06:01am

Dar for revising criteria for establishing varsities

Pakistan

Dar for revising criteria for establishing varsities

ISLAMABAD: Deputy Prime Minister and Foreign Minister (DPM/FM) Senator Mohammad Ishaq Dar chaired a meeting on...

Published 12 May, 2026 06:01am

Brownfield refinery upgradation policy: Petroleum Division to draft proposals aimed at addressing hurdles

Pakistan

Brownfield refinery upgradation policy: Petroleum Division to draft proposals aimed at addressing hurdles

ISLAMABAD: The Petroleum Division is set to draft a comprehensive proposal addressing sales tax hurdles and other...

Published 12 May, 2026 06:01am

NA reaffirms its resolve to stand shoulder-to-shoulder with armed forces

Pakistan

NA reaffirms its resolve to stand shoulder-to-shoulder with armed forces

ISLAMABAD: The National Assembly on Monday unanimously passed a resolution reaffirming the nation’s unwavering...

Published 12 May, 2026 06:01am

PM extends ‘an olive branch’ to Achakzai

Pakistan

PM extends ‘an olive branch’ to Achakzai

ISLAMABAD: In a fresh bid to open political dialogue, Prime Minister Shehbaz Sharif on Monday extended yet another...

Published 12 May, 2026 06:01am

Civil Servants Bill among 4 bills passed by NA

Pakistan

Civil Servants Bill among 4 bills passed by NA

ISLAMABAD: The National Assembly on Monday passed four bills with a majority, including “the Civil Servants...

Published 12 May, 2026 06:01am

NA proceedings: Opposition comes down hard on govt over IK, law & order

Pakistan

NA proceedings: Opposition comes down hard on govt over IK, law & order

ISLAMABAD: The government came under severe criticism in National Assembly on Monday, as the opposition PTI issued a...

Published 12 May, 2026 06:01am

The Weather

Pakistan

The Weather

KARACHI: The weather report on Monday (May 11, 2026) and the forecast for Tuesday (May 12, 2026)....

Published 12 May, 2026 06:01am

3-month-long summer vacation announced for schools: Punjab cabinet approves major relief, development, governance steps

Pakistan

3-month-long summer vacation announced for schools: Punjab cabinet approves major relief, development, governance steps

LAHORE: Punjab Cabinet, which met here on Monday with the Chief Minister Maryam Nawaz Sharif in the chair, accorded...

Published 12 May, 2026 06:01am

LDA intensifies efforts against illegal commercial buildings

Pakistan

LDA intensifies efforts against illegal commercial buildings

LAHORE: The Lahore Development Authority (LDA) has intensified its efforts against illegal commercial buildings and...

Published 12 May, 2026 06:01am

IT certifications holders: PITB hosts cheque distribution ceremony

Pakistan

IT certifications holders: PITB hosts cheque distribution ceremony

LAHORE: The Punjab Information Technology Board (PITB) on Monday hosted a cheque distribution ceremony to recognise...

Published 12 May, 2026 06:01am

Punjab governor heaps praise on Bilawal’s diplomatic efforts

Pakistan

Punjab governor heaps praise on Bilawal’s diplomatic efforts

LAHORE: Punjab Governor Sardar Saleem Haider Khan said Pakistan’s army, led by Field Marshal Asim Munir, decisively...

Published 12 May, 2026 06:01am

MINI arrives in Pakistan with its new all-electric model family

Pakistan

MINI arrives in Pakistan with its new all-electric model family

KARACHI: MINI enters the Pakistani market, marking a new chapter for the brand in a country with strong long-term...

Published 12 May, 2026 06:01am

Woman suicide bomber planning to target Islamabad held: Bugti

Pakistan

Woman suicide bomber planning to target Islamabad held: Bugti

QUETTA: Balochistan Chief Minister Mir Sarfaraz Bugti has disclosed that Islamabad has been saved from a major...

Published 12 May, 2026 06:01am

Rotary Club of Karachi Nexus holds ‘governor’s visit’ programme

Pakistan

Rotary Club of Karachi Nexus holds ‘governor’s visit’ programme

KARACHI: Rotary Club of Karachi Nexus organised a function on May 8 at Ramada Creek regarding the annual governor’s...

Published 12 May, 2026 06:01am

Sharjeel reviews facilities for media houses, journalists

Pakistan

Sharjeel reviews facilities for media houses, journalists

KARACHI: An important meeting of the Information Department was held in Karachi under the chairmanship of Senior...

Published 12 May, 2026 06:01am

Previous Day

BR100
BR30
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KSE30
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1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 14	277.15 ▼ -0.01
USD PKR Interbank Buying / Oct 14	276.95 ▼ -0.01
USD to Japanese Yen / Oct 15	157.97 ▲ 0.11
USD to Swiss Franc / Oct 15	0.83 ▼ -0.0014
Pound Sterling to USD / Oct 15	1.32 ▲ 0.0017
Euro to USD / Oct 15	1.12 ▲ 0.0016
SOFR % / Oct 13	3.89 ▲ 0.02
UK LIBOR % / Dec 5	4.96 -

Stock	Volume
India Sensex / Oct 15	74,145.82
Tokyo Nikkei / Oct 15	64,425.95
Hang Seng / Oct 15	24,009.60
FTSE 100 / Oct 15	10,760.31
Germany DAX 30 / Oct 15	25,198.59
France CAC40 / Oct 15	7,895.07
S&P 500 / Oct 14	7,718.94
Nasdaq / Oct 14	26,692.87
Dow Jones / Oct 14	51,621.48

Item	Value
Petrol/Litre / Oct 15	393.86
Crude Oil USD/Barrel / Oct 15	94.23
Karachi Cotton PKR/37.32 KG / Oct 15	18,580
Gold Spot USD/Ounce / Oct 15	4,138.52
Diesel/Litre / Oct 15	396.65
Cotton US¢/pound / Oct 15	79.72
Gold 10 Grams PKR / Oct 14	375,373

Gainers
Losers
Leaders

Stock	Price
Azgard Nine (Non-Voti) / Oct 15 Azgard Nine (Non-Voti)(ANLNV)	8.41 ▲ 0.88 (11.69%)
Hira Textile / Oct 15 Hira Textile Mills Limited(HIRAT)	5.80 ▲ 0.56 (10.69%)
Unicap Modaraba / Oct 15 Unicap Modaraba(UCAPM)	10.96 ▲ 1 (10.04%)
Pak Gen.Ins. / Oct 15 The Pakistan General Insurance Co. Ltd.(PKGI)	25.04 ▲ 2.28 (10.02%)
Kohinoor Power / Oct 15 Kohinoor Power Company Limited(KOHP)	23.85 ▲ 2.17 (10.01%)
Kohinoor Ind. / Oct 15 Kohinoor Industries Limited(KOIL)	39.57 ▲ 3.6 (10.01%)
Al-Khair Gadoon / Oct 15 Al-Khair Gadoon Limited(AKGL)	63.67 ▲ 5.79 (10%)
Bolan Casting / Oct 15 Bolan Castings Limited(BCL)	70.30 ▲ 6.39 (10%)
Crescent Fib. / Oct 15 Crescent Fibres Limited(CFL)	62.68 ▲ 5.7 (10%)
Fateh Ind. / Oct 15 Fateh Industries Limited(FIL)	464.43 ▲ 42.22 (10%)

Stock	Price
Aisha Steel(ConPS) / Oct 15 Aisha Steel(ConPS)(ASLPS)	22.38 ▼ -5.86 (-20.75%)
LSE Financial Serv.(R) / Oct 15 LSE Financial Services Limited Right(LSEFSLR)	0.77 ▼ -0.18 (-18.95%)
MACPAC Films / Oct 15 MACPAC Films Limited(MACFL)	111.48 ▼ -12.39 (-10%)
Data Agro / Oct 15 Data Agro Limited(DAAG)	126.71 ▼ -13.78 (-9.81%)
Aisha Steel (CPS) / Oct 15 Aisha Steel Mills Limited (CPS)(ASLCPS)	76.01 ▼ -8.25 (-9.79%)
Sindh Modaraba / Oct 15 Sindh Modaraba(SINDM)	46.12 ▼ -4.81 (-9.44%)
EMCO Industries / Oct 15 Emco Industries Limited(EMCO)	37.06 ▼ -3.66 (-8.99%)
ARM Green Industries / Oct 15 ARM Green Industries Limited(ARMG)	43.97 ▼ -4.34 (-8.98%)
Security Investment Bank / Oct 15 Security Investment Bank Limited(SIBL)	6.39 ▼ -0.63 (-8.97%)
Pak. P.V.C. / Oct 15 Pakistan PVC Limited(PPVC)	18.09 ▼ -1.61 (-8.17%)

Stock	Volume
Cnergyico PK / Oct 15 Cnergyico PK Limited(CNERGY)	62,809,365 ▲ 0.09
Pakistan Refinery / Oct 15 Pakistan Refinery Limited(PRL)	43,441,831 ▲ 4.57
WorldCall Telecom / Oct 15 Worldcall Telecom Limited(WTL)	19,461,616 ▲ 0.02
LSE Financial Serv.(R) / Oct 15 LSE Financial Services Limited Right(LSEFSLR)	16,651,653 ▼ -0.18
P.T.C.L. / Oct 15 Pakistan Telecommunication Company Ltd(PTC)	14,493,083 ▲ 3.9
Pervez Ahmed Consultancy / Oct 15 Pervez Ahmed Consultancy Services Ltd.(PASL)	13,822,258 ▼ -0.06
MACPAC Films / Oct 15 MACPAC Films Limited(MACFL)	12,858,070 ▼ -12.39
Tasdeeq Info. Serv. / Oct 15 Tasdeeq Information Services Limited(TISL)	12,702,017 ▲ 0.08
Ghani Chem. Ind. / Oct 15 Ghani Chemical Industries Limited(GCIL)	11,820,401 ▲ 1.74
Cres.Star Ins. / Oct 15 Crescent Star Insurance Limited(CSIL)	11,779,215 ▲ 0.09

Fuel Prices

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Oil prices slips as US weighs easing sanctions on 'shadow fleet'

Oil prices slips as US weighs easing sanctions on 'shadow fleet'

At least 33 children, two teachers killed as school roof collapses in Peshawar

At least 33 children, two teachers killed as school roof collapses in Peshawar

Income tax return filing: FBR morally bound to extend deadline until Dec: expert

Income tax return filing: FBR morally bound to extend deadline until Dec: expert

Electric buses JV: Pakistani firm signs MoU with Chinese co

Electric buses JV: Pakistani firm signs MoU with Chinese co

Filing of Income Tax returns: FBR chairman urged to further extend deadline to Nov 15

Filing of Income Tax returns: FBR chairman urged to further extend deadline to Nov 15

Farmers, small businesses and homeowners: PM orders banks to expand lending

Farmers, small businesses and homeowners: PM orders banks to expand lending

Gold rebounds from one-week low as dollar slips

Gold rebounds from one-week low as dollar slips

Govt raises petrol price by Rs1.20, decreases diesel's by Re0.17 per litre

Govt raises petrol price by Rs1.20, decreases diesel's by Re0.17 per litre

DISCOs tariffs: Export industries oppose proposed hike

DISCOs tariffs: Export industries oppose proposed hike