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IBM

Wall St advances as Iran deal optimism offsets hawkish Fed

Published 19 Jun, 2026 05:50am

NEW YORK: US stocks rebounded on Thursday with semiconductor shares leading gains as optimism about a Middle East...

Wall St falls as waning ME peace hopes fuel oil surge

Published 22 May, 2026 06:05am

NEW YORK: Wall Street’s main indexes declined on Thursday as resurgent oil prices reignited inflation fears and...

IBM rolls out new chips and servers, aims for simplified AI

Published 08 Jul, 2025 04:43pm

SAN FRANCISCO: International Business Machines on Tuesday announced a new line of data center chips and servers that...

IBM to invest $150 billion in US over next five years to aid quantum push

Published 28 Apr, 2025 07:54pm

IBM will invest $150 billion in the U.S., including on facilities for quantum computer production, over the next...

IBM wins UK lawsuit against LzLabs over alleged theft of mainframe technology

Published 10 Mar, 2025 09:31pm

LONDON: IBM on Monday won a London lawsuit against U.S. tech entrepreneur and philanthropist John Moores’ company...

IT infrastructure: PTCL partners with IBM & GBM Pakistan

Published 24 Dec, 2024 09:00am

ISLAMABAD: Pakistan Telecommunication Company Limited (PTCL), the country’s leading ICT services provider, has...

IBM releases new AI models for businesses as genAI competition heats up

Published 21 Oct, 2024 10:45am

IBM released the latest version of its artificial intelligence models catered towards businesses on Monday, looking...

IBM to close China R&D department, affecting over 1,000 jobs

Published 26 Aug, 2024 05:41pm

BEIJING: IBM will completely shut its China R&D operation, affecting more than 1,000 jobs, the US technology...

IBM shares soar to more than 10-year high on rosy AI outlook

Published 26 Jan, 2024 04:58am

NEW YORK: IBM shares jumped nearly 13% to a more than 10-year high on Thursday after the company reported a...

Musk, Zuckerberg, Gates to join US senators for AI forum

Published 13 Sep, 2023 02:12pm

WASHINGTON: The US Senate’s top Democrat is bringing US technology leaders including Tesla CEO Elon Musk, Meta...

IBM to launch Meta’s Llama 2 on watsonx AI platform for businesses

Published 09 Aug, 2023 05:49pm

International Business Machines said on Wednesday it would host Meta Platforms’ artificial intelligence language...

Systems Limited and IBM showcase cutting-edge technology at ‘Go Limitless’

Published 12 Jun, 2023 06:26am

LAHORE: Systems Limited, in collaboration with its partner IBM, hosted Go Limitless, an event focused on business...

IBM eyes hiring pause because AI does the job

Published 03 May, 2023 12:35pm

WASHINGTON: The CEO of IBM said he was eyeing to downsize the tech giant’s back office workforce by nearly a third...

German software giant SAP to cut 3,000 jobs

Published 26 Jan, 2023 02:49pm

FRANKFURT: German software giant SAP on Thursday said it planned to cut some 3,000 jobs this year, joining a wave of...

IBM cuts 3,900 jobs, misses annual cash target

Published 26 Jan, 2023 11:22am

IBM Corp on Wednesday announced 3,900 layoffs as part of some asset divestments and missed its annual cash target,...

IBM launches its powerful quantum computer with 433 qubits

Published 10 Nov, 2022 07:28am

NEW YORK: International Business Machines Corp on Wednesday said it launched its most powerful quantum computer to...

IBM launches its most powerful quantum computer with 433 qubits

Published 09 Nov, 2022 07:16pm

International Business Machines Corp on Wednesday said it launched its most powerful quantum computer to date called...

Wall St gains as upbeat corporate forecasts boost sentiment

Published 21 Oct, 2022 05:57am

NEW YORK: Wall Street’s main indexes jumped on Thursday as upbeat results and forecasts from IBM, AT&T and Dow...

Biden to hail IBM’s $20bn investment announcement

Published 06 Oct, 2022 02:53pm

WASHINGTON: IBM will host US President Joe Biden Thursday to celebrate the announcement of a $20-billion investment...

Systems Limited and IBM co-host Transcend 2022

Published 01 Jul, 2022 06:13am

KARACHI: The recent technological shift urged businesses to capture digital transformation’s value. The business...

Thriving in the age of data: Systems Limited, IBM co-host 'Drive Business Value using Advanced Analytics'

Published 27 Oct, 2021 06:12pm

Modern and advanced cognitive systems evolve with market, customer, and business needs. They empower businesses to...

Cheap, abundant renewable energy powers cluster of Quebec data centres

Updated 24 Oct, 2021 05:37am

With vast amounts of cheap and renewable electricity mostly generated from hydro dams, Quebec is seeing more and ...

Dow hit by IBM results, Nasdaq rises on gains in Big Tech

Published 22 Oct, 2021 04:13am

NEW YORK: The Dow on Thursday eased from a record high hit in the previous session as IBM shares fell after its...

Aussie slips, yen gains as risk sentiment sours

Published 22 Oct, 2021 04:13am

NEW YORK: Risk sensitive currencies including the Australian dollar slipped on Thursday and the safe-haven Japanese...

Germany eyes technological leap with first quantum computer

Published 16 Jun, 2021 03:40am

FRANKFURT: Chancellor Angela Merkel on Tuesday inaugurated Germany's first quantum computer, built by US firm IBM,...

IBM unveils world's first 2nm chip

Published 07 May, 2021 03:40pm

IBM claims that the use of new technology will also increase the battery life of mobile phones by four times, after which the phone will need to be charged only once in 4 days.

IBM turnover picks up thanks to cloud silver lining

Updated 21 Apr, 2021 10:09am

SAN FRANCISCO: US computer giant IBM soothed market jitters Monday with better-than-expected results and a slight...

IBM turnover picks up thanks to cloud silver lining

Published 20 Apr, 2021 10:57am

This sector is notably driven by a hybrid cloud platform that allows customers to use a combination of their own private servers and so-called public storage space, such as that provided by external service providers like Amazon or Microsoft.

Boom in innovation for overcoming disabilities: UN

Updated 24 Mar, 2021 10:12am

GENEVA: Innovations aimed at helping people overcome mobility, sight and other disabilities have exploded in recent...

Asif Ahmad named IBM Pakistan GM

Updated 18 Mar, 2021 09:24am

KARACHI: IBM announced today that Asif Ahmad has been named General Manager of IBM Pakistan. Ahmad succeeds ...

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 6	278.31
USD PKR Interbank Buying / Jul 6	278.11
USD to Japanese Yen / Jul 7	161.89
USD to Swiss Franc / Jul 7	0.81
Pound Sterling to USD / Jul 7	1.34
Euro to USD / Jul 7	1.14
SOFR % / Jul 6	3.66

Stock	Volume
S&P 500 / Jul 6	7,537.43
Nasdaq / Jul 6	26,121.16
Dow Jones / Jul 6	53,055.91
India Sensex / Jul 7	78,460.01
Tokyo Nikkei / Jul 7	68,848.59
Hang Seng / Jul 7	23,604.16
FTSE 100 / Jul 7	10,703.19
Germany DAX 30 / Jul 7	25,792.57
France CAC40 / Jul 7	8,541.49

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 6	17,880
Gold 10 Grams PKR / Jul 6	375,030
Crude Oil USD/Barrel / Jul 7	69.01
Gold Spot USD/Ounce / Jul 7	4,125.55
Cotton US¢/pound / Jul 7	78.97
Petrol/Litre / Jul 8	297.53
Diesel/Litre / Jul 8	309.50

Gainers
Losers
Leaders

Stock	Price
Tariq Corp. (R) / Jul 7 Tariq Corporation Limited(Right)(TCORPR2)	6.42 ▲ 1 (18.45%)
Hira Textile / Jul 7 Hira Textile Mills Limited(HIRAT)	8 ▲ 0.96 (13.64%)
Azgard Nine (Non-Voti) / Jul 7 Azgard Nine (Non-Voti)(ANLNV)	9 ▲ 1 (12.5%)
Ittefaq Iron Ind / Jul 7 Ittefaq Iron Industries Limited(ITTEFAQ)	9.70 ▲ 1 (11.49%)
First Punjab Modaraba / Jul 7 First Punjab Modaraba(FPJM)	9.23 ▲ 0.86 (10.27%)
AN Textile Mills / Jul 7 AN Textile Mills Limited(ANTM)	54.84 ▲ 4.99 (10.01%)
Samba Bank / Jul 7 Samba Bank Limited(SBL)	12.64 ▲ 1.15 (10.01%)
EMCO Industries / Jul 7 Emco Industries Limited(EMCO)	54.53 ▲ 4.96 (10.01%)
Baba Farid Sugar / Jul 7 Baba Farid Sugar Mills Limited(BAFS)	356.50 ▲ 32.41 (10%)
Cresent Jute / Jul 7 Crescent Jute Products Limited(CJPL)	15.29 ▲ 1.39 (10%)

Stock	Price
Dewan Farooque Sp. / Jul 7 Dewan Farooque Spinning Mills Limited(DFSM)	29.58 ▼ -3.29 (-10.01%)
Hala Enterprise / Jul 7 Hala Enterprises Limited(HAEL)	33.02 ▼ -3.67 (-10%)
Khairpur Sug. / Jul 7 Khairpur Sugar Mills Limited(KPUS)	1,911.22 ▼ -212.36 (-10%)
S.G.Power / Jul 7 S.G. Power Limited(SGPL)	105.61 ▼ -11.73 (-10%)
Tandlianwala Sugar / Jul 7 Tandlianwala Sugar Mills Limited(TSML)	809.92 ▼ -89.99 (-10%)
First Fid. Leasing / Jul 7 First Fidelity Leasing Modaraba(FFLM)	19.47 ▼ -2.16 (-9.99%)
Dewan Textile / Jul 7 Dewan Textile Mills Limited(DWTM)	10.11 ▼ -1.12 (-9.97%)
Chashma / Jul 7 Chashma Sugar Mills Limited(CHAS)	119.48 ▼ -12.01 (-9.13%)
Burshane LPG / Jul 7 Burshane LPG (Pakistan) Limited(BPL)	52.20 ▼ -3.28 (-5.91%)
Sardar Chemical / Jul 7 Sardar Chemical Industries Limited(SARC)	90 ▼ -5.51 (-5.77%)

Stock	Volume
TPL REIT Fund I / Jul 7 TPL REIT Fund I(TPLRF1)	75,603,990 ▲ 0.15
TPL Properties / Jul 7 TPL Properties Limited(TPLP)	72,310,395 ▲ 0.83
B.O.Punjab / Jul 7 The Bank of Punjab(BOP)	60,291,992 ▲ 0.29
LSE Capital / Jul 7 LSE Capital Limited(LSECL)	37,457,945 ▲ 0.38
TPL Corp Ltd / Jul 7 TPL Corp Limited(TPL)	28,590,253 ▲ 0.5
Cnergyico PK / Jul 7 Cnergyico PK Limited(CNERGY)	28,117,353 ▲ 0.01
Pak Elektron / Jul 7 Pak Elektron Limited(PAEL)	26,932,075 ▲ 0.51
Siddiqsons Tin / Jul 7 Siddiqsons Tin Plate Limited(STPL)	26,041,247 ▲ 0.31
Thatta Cement / Jul 7 Thatta Cement Company Limited(THCCL)	20,366,443 ▲ 5.12
Agha Steel Ind. / Jul 7 Agha Steel Ind.Ltd(AGHA)	18,254,907 ▲ 0.2

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