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PHMA slams plan of distributing 2,000MW power to Bitcoin mining

LAHORE: The government’s proposed plan of distributing 2,000 megawatts of excess power to Bitcoin mining and...

Updated 07 Jun, 2025 06:24am

Opinion

Cryptocurrency’s future in Pakistan

Legalization of cryptocurrency in Pakistan has evolved into a complex legal and financial dilemma. The Government of...

Updated 06 Jun, 2025 05:24am

Technology

Pakistan, US explore strategic alignment on crypto, blockchain in White House meeting

Bilal Bin Saqib, Pakistan’s Minister of State for Crypto & Blockchain and CEO of the Pakistan Crypto Council...

Published 04 Jun, 2025 10:45am

Editorials

Legal gaps in crypto adoption

EDITORIAL: Pakistan’s push to embrace cryptocurrency has seen the government take a host of measures over the last...

Published 02 Jun, 2025 06:12am

BR Research

Policies go dumb and dumber

The Government of Pakistan has recently allocated 2,000 MW of electricity to support Bitcoin mining and AI data...

Updated 30 May, 2025 08:18am

Business & Finance

GameStop buys bitcoin worth $513 million in crypto push

GameStop has purchased bitcoin worth about $513 million, the company said on Wednesday as the ailing video game...

Published 28 May, 2025 06:04pm

Markets

Trump Media to raise $2.5 billion to invest in bitcoin

Trump Media and Technology Group will raise about $2.5 billion to invest in bitcoin, U.S. President Donald Trump’s...

Published 27 May, 2025 07:22pm

Markets

Trump Media to raise $3 billion to spend on cryptocurrencies, FT reports

U.S. President Donald Trump’s social media firm, Trump Media & Technology Group, plans to raise about $3 billion...

Published 26 May, 2025 10:56pm

Bitcoin mining, AI data centres: Pakistan govt allocates 2,000MW of electricity

ISLAMABAD: The federal government has announced the allocation of 2,000 megawatts of electricity in the first phase...

Updated 26 May, 2025 11:11am

Business & Finance

Bitcoin rises to new record high

LONDON: The price of Bitcoin rose to its highest level on record on Wednesday, eclipsing the previous high from...

Published 22 May, 2025 06:08am

Markets

Bitcoin rises to new record high, eclipses January top

LONDON: The price of Bitcoin rose to its highest level on record on Wednesday, eclipsing the previous high from...

Published 21 May, 2025 08:46pm

Technology

Pakistan establishes Digital Assets Authority to regulate crypto, blockchain

In a key development, the Ministry of Finance on Wednesday unveiled a comprehensive strategy to regulate digital...

Published 21 May, 2025 12:56pm

Markets

Bitcoin retakes $100,000 on global trade deal optimism

NEW YORK/LONDON: Bitcoin topped $100,000 on Thursday for the first time since early February, bolstered by a...

Published 09 May, 2025 08:12am

Opinion

PCC & the new economic arms race

The world is changing fast – Trump is isolating the US from its former allies, withdrawing from multilateral...

Published 27 Apr, 2025 06:08am

Pakistan

Pakistan turns to bitcoin miners, AI data centers to use surplus power

Country in top 10 global crypto adopters despite not being regularised, Bilal Bin Saqib says

Published 09 Apr, 2025 10:01pm

Markets

Bitcoin down 5.47% at $81,554.67

Bitcoin, the world’s largest cryptocurrency by market value, was down by around 5.47% at $81,555 at 2216 GMT on...

Published 10 Mar, 2025 08:10am

Opinion

Tariff situation undoubtedly impacting US economy

The US economy added 151,000 jobs, but the unemployment rate rose to 4.1%. This is a key economic indicator for the...

Published 10 Mar, 2025 05:58am

Markets

Trump signs order to establish strategic bitcoin reserve

WASHINGTON: U.S. President Donald Trump signed an executive order on Thursday to establish a strategic bitcoin...

Updated 07 Mar, 2025 11:09pm

Business & Finance

Bitcoin jumps 20pc after Trump hints at new strategic reserve

SINGAPORE: Bitcoin surged more than 20% from last week’s lows on Monday and several other cryptocurrencies also...

Published 04 Mar, 2025 06:30am

Markets

Euro rebounds on Europe’s Ukraine peace push; bitcoin rallies

TOKYO: The euro rebounded from a 2-1/2-week low against the U.S. dollar on Monday and sterling also advanced with...

Published 03 Mar, 2025 07:55am

Markets

Bitcoin up by a fifth after Trump lists reserve tokens

SINGAPORE: Bitcoin was trading up a fifth from last week’s lows on Monday and several other cryptocurrencies that...

Published 03 Mar, 2025 07:38am

Opinion

US economic indicators: growth and business activity tapering

The sudden change in the US President’s plan to implement tariffs starting March 4 instead of next month has...

Updated 03 Mar, 2025 07:03am

Markets

Swiss central bank head rules out bitcoin for reserves

GENEVA: Switzerland’s central bank boss said bitcoin is too volatile and not liquid enough for use as a reserve...

Published 01 Mar, 2025 03:22pm

Markets

Bitcoin slides more than 5% to lowest since November 11

SINGAPORE: Bitcoin fell to a 3-1/2-month low on Friday, dragged by uncertainty about US President Donald Trump’s...

Published 28 Feb, 2025 09:31am

Markets

Bitcoin falls by 5% at $84,201

Bitcoin, the world’s largest cryptocurrency by market value, dropped 5% to $84,201 at 21:56 GMT on Wednesday....

Published 27 Feb, 2025 08:23am

Markets

Bitcoin falls below $90,000 for first time in a month, ether tumbles

LONDON: Cryptocurrencies bitcoin and ether dropped to multi-month lows on Tuesday, caught up in a general...

Updated 25 Feb, 2025 02:58pm

Markets

Trump’s crypto company launches strategic ‘token reserve’

NEW YORK: World Liberty Financial, the new crypto platform in which President Donald Trump holds a financial stake,...

Published 12 Feb, 2025 08:20am

Markets

Bitcoin slides below $100,000 as Trump tariffs rattle markets

SINGAPORE: Cryptocurrency prices slid on Monday, with bitcoin at a three-week low and ether at its lowest since...

Published 03 Feb, 2025 10:29am

Business & Finance

Bitcoin drops to 11-day low

LONDON: Bitcoin fell below $100,000 on Monday, hitting its lowest in 11 days, in a move analysts attributed to a ...

Published 28 Jan, 2025 06:45am

Markets

Yen rises after BOJ hike; yuan, Antipodean peers get Trump boost

SINGAPORE: The yen rose after the Bank of Japan (BOJ) hiked rates on Friday and revised up its inflation forecasts,...

Updated 24 Jan, 2025 10:45am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 12	282.73
USD PKR Interbank Buying / Jun 12	282.53
USD to Japanese Yen / Jun 12	144.50
USD to Swiss Franc / Jun 12	0.81
Pound Sterling to USD / Jun 12	1.36
Euro to USD / Jun 12	1.15
UK LIBOR % / Jun 12	4.96

Stock	Volume
S&P 500 / Jun 12	6,045.26
India Sensex / Jun 12	81,691.98
Tokyo Nikkei / Jun 12	37,685.10
Nasdaq / Jun 12	19,662.48
Hang Seng / Jun 12	23,873.24
FTSE 100 / Jun 12	8,884.92
Dow Jones / Jun 12	42,967.62
Germany DAX 30 / Jun 12	23,771.45
France CAC40 / Jun 12	7,765.11

Item	Value
Crude Oil USD/Barrel / Jun 12	74.04
Karachi Cotton PKR/37.32 KG / Jun 12	16,485
Gold 10 Grams PKR / Jun 12	305,984
Gold Spot USD/Ounce / Jun 12	3,450.10
Cotton US¢/pound / Jun 12	67.63
Petrol/Litre / Jun 13	253.63
Diesel/Litre / Jun 13	254.64

Gainers
Losers
Leaders

Stock	Price
Grays Leasing / Jun 13 Grays Leasing Limited(GRYL)	7.50 ▲ 0.89 (13.46%)
Invest Bank / Jun 13 Invest Capital Investment Bank Limited(ICIBL)	6.88 ▲ 0.77 (12.6%)
AN Textile Mills / Jun 13 AN Textile Mills Limited(ANTM)	15.49 ▲ 1.41 (10.01%)
Shadman Cotton / Jun 13 Shadman Cotton Mills Limited(SHCM)	47.38 ▲ 4.31 (10.01%)
LSE Financial Serv. / Jun 13 LSE Financial Services Limited(LSEFSL)	42.97 ▲ 3.91 (10.01%)
Kohat Textile / Jun 13 Kohat Textile Mills Limited(KOHTM)	89.44 ▲ 8.13 (10%)
Nets Internat.Comm. / Jun 13 Nets International Communication Limited(GEMNETS)	31.35 ▲ 2.85 (10%)
Shadab Textile / Jun 13 Shadab Textile Mills Limited(SHDT)	63.50 ▲ 5.77 (9.99%)
Bunnys Limited / Jun 13 Bunnys Limited(BNL)	53.38 ▲ 4.85 (9.99%)
MACPAC Films / Jun 13 MACPAC Films Limited(MACFL)	22.15 ▲ 2.01 (9.98%)

Stock	Price
First IBL Mod. / Jun 13 First IBL Modaraba(FIBLM)	3.31 ▼ -0.82 (-19.85%)
Globe Residency / Jun 13 Globe Residency REIT(GRR)	15.44 ▼ -1.72 (-10.02%)
F.Credit & Inv / Jun 13 First Credit and Investment Bank Limited(FCIBL)	11.22 ▼ -1.25 (-10.02%)
Ashfaq Textile / Jun 13 Ashfaq Textile Mills Limited(ASHT)	21.02 ▼ -2.34 (-10.02%)
PIA Holding Co.B / Jun 13 PIA Holding Company Limited B(PIAHCLB)	18,889.10 ▼ -2098.79 (-10%)
Khyber Textile / Jun 13 Khyber Textile Mills Limited(KHYT)	1,794.55 ▼ -199.39 (-10%)
Pak Synthetics / Jun 13 Pakistan Synthetics Limited(PSYL)	57.42 ▼ -6.38 (-10%)
Arctic Textile / Jun 13 Arctic Textile Mills Limited(ARCTM)	39.58 ▼ -4.4 (-10%)
Sec. Inv. Bank / Jun 13 Security Investment Bank Limited(SIBL)	8.96 ▼ -0.99 (-9.95%)
Sana Ind / Jun 13 Sana Industries Limited(SNAI)	21.51 ▼ -2.08 (-8.82%)

Stock	Volume
Invest Bank / Jun 13 Invest Capital Investment Bank Limited(ICIBL)	5,033,007 ▲ 0.77
K-Electric Ltd. / Jun 13 K-Electric Limited(KEL)	3,737,555 ▼ -0.1
Cnergyico PK / Jun 13 Cnergyico PK Limited(CNERGY)	3,433,253 ▼ -0.3
Bankislami Pak. / Jun 13 BankIslami Pakistan Limited(BIPL)	3,011,990 ▲ 1.23
Maple Leaf Cement / Jun 13 Maple Leaf Cement Factory Limited(MLCF)	2,905,656 ▼ -2.05
PIA Holding Co.Ltd / Jun 13 PIA Holding Company Limited(PIAHCLA)	2,753,996 ▼ -0.27
Sui South Gas / Jun 13 Sui Southern Gas Company Limited(SSGC)	2,631,928 ▼ -0.42
WorldCall Telecom / Jun 13 Worldcall Telecom Limited(WTL)	2,546,327 ▼ -0.01
Fauji Cement / Jun 13 Fauji Cement Company Limited(FCCL)	2,179,196 ▼ -1.25
Pervez Ahmed Consultancy / Jun 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	1,983,911 ▼ -0.06

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