Topic

Ikea

EU delegation told: Govt committed to economic stability: PM

Updated 29 Apr, 2026 09:16am

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday reassured the European Union (EU) of Pakistan’s commitment to...

European cos' keen to expand footprint in Pakistan

Published 28 Apr, 2026 01:35pm

European firms have signalled strong interest in expanding their footprint in Pakistan, with leading companies...

Iran war hits Asia's polyester suppliers to global fast fashion

Published 24 Apr, 2026 11:31am

Filatex, one of India’s biggest polyester yarn producers, is paying nearly 30% more for the petroleum-derived feedstocks

In China, global companies struggle as home-grown brands steal thunder

Published 17 Oct, 2025 11:09am

LONDON/PARIS/AMSTERDAM: For many companies, business in China has changed for the long term as a fragile economy and...

Six recycling innovations that could change fashion

Published 28 Nov, 2023 12:45pm

PARIS: The fashion industry’s enormous waste problem is pushing governments, particularly in Europe, towards...

OICCI launches ‘white paper’: ‘Synergizing the climate ambition...’

Published 24 Dec, 2022 05:50am

KARACHI: Overseas Investors Chamber of Commerce and Industry (OICCI), the collective body of over 200 foreign...

Shanghai to reopen all schools Sept. 1 as lockdown fears persist

Published 14 Aug, 2022 01:24pm

SHANGHAI: China’s financial hub Shanghai said on Sunday it would reopen all schools including kindergartens, primary...

IKEA India to source more products locally to tackle rising inflation

Updated 22 Jun, 2022 02:43pm

BENGALURU: IKEA India plans to source more products locally to combat rising inflation, as the Swedish furniture...

Nike, IKEA close Russian stores as sanctions, trade restrictions bite

Published 04 Mar, 2022 04:11pm

Sneaker maker Nike and home furnishings firm IKEA shut down stores in Russia on Thursday, as trade restrictions and...

IKEA temporarily closes its stores in Russia, halts sourcing in Russia, Belarus

Published 03 Mar, 2022 04:52pm

STOCKHOLM: IKEA, the world's biggest furniture brand, is closing all its stores in Russia, and pausing all its...

Ikea to hike prices by 9pc due to supply chain woes

Published 03 Jan, 2022 06:42am

STOCKHOLM: Ikea will hike its prices by an average of nine percent next year due to ongoing supply and ...

Ikea to hike prices by 9% due to supply chain woes

Published 31 Dec, 2021 11:17am

STOCKHOLM: Ikea will hike its prices by an average of nine percent next year due to ongoing supply and ...

Ikea pays out 110m euros in Covid bonuses

Published 30 Oct, 2021 04:37am

STOCKHOLM: Ikea will pay a total of 110 million euros ($128 million) in bonuses to employees worldwide as reward for...

IKEA warns supply chain disruptions

Published 18 Oct, 2021 04:42am

STOCKHOLM: IKEA, the world's biggest furniture brand, is leasing more ships, buying containers and re-routing goods...

Ikea France found guilty in employee spying scandal

Published 16 Jun, 2021 03:40am

PARIS: A French court ruled Tuesday that Ikea had set up an elaborate system to illegally spy on hundreds of...

Pakistan textile co grabs IKEA's ‘Affordable Sustainability’ award

Published 05 May, 2021 12:57pm

“A proud moment for the fraternity and the country,” added Dawood.

IKEA makes first solar park investment in Russia

Published 13 Apr, 2021 06:25pm

The total book value for the eight parks is more than 21 billion roubles ($272.16 million), Ingka Investments, the investment arm of the world's biggest furniture retailer, said in a statement.
Ingka Group has invested 2.5 billion euros ($2.97 billion) in renewable energy since 2009 and recently surpassed a target to produce as much renewable energy as the energy it consumes in its own operations.

Ikea goes on trial in France for spying on staff

The company founded in Sweden in 1943 by the renowned businessman Ingvar Kamprad, is one of the world's largest furniture retailer since 2008.

Ikea scraps famed catalogue after 70 years

Updated 08 Dec, 2020 10:23am

The catalogues offered a snapshot on contemporary living that made them intensely popular.

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 4	159.92
USD to Swiss Franc / Jun 4	0.79
Pound Sterling to USD / Jun 4	1.34
Euro to USD / Jun 4	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
Nasdaq / Jun 3	26,853.97
FTSE 100 / Jun 3	10,332.30
Dow Jones / Jun 3	50,687.07
Germany DAX 30 / Jun 3	24,795.94
France CAC40 / Jun 3	8,150.42
India Sensex / Jun 4	74,289.24
Tokyo Nikkei / Jun 4	67,399.25
Hang Seng / Jun 4	25,221.79

Item	Value
Gold 10 Grams PKR / Jun 3	401,030
Petrol/Litre / Jun 4	381.78
Crude Oil USD/Barrel / Jun 4	95.52
Gold Spot USD/Ounce / Jun 4	4,475.32
Diesel/Litre / Jun 4	380.78
Cotton US¢/pound / Jun 4	80.34

Gainers
Losers
Leaders

Stock	Price
Azgard Nine (Non-Voti) / Jun 4 Azgard Nine (Non-Voti)(ANLNV)	8.40 ▲ 0.97 (13.06%)
Ruby Textile / Jun 4 Ruby Textile Mills Limited(RUBY)	18.67 ▲ 1.7 (10.02%)
Ansari Sug. / Jun 4 Ansari Sugar Mills Limited(ANSM)	15.72 ▲ 1.43 (10.01%)
Ideal Spinning / Jun 4 Ideal Spinning Mills Limited(IDSM)	79.73 ▲ 7.25 (10%)
Pak Qatar Gen.Takaful / Jun 4 Pak Qatar General Takaful Limited(PQGTL)	15.18 ▲ 1.38 (10%)
Pak Synthetics / Jun 4 Pakistan Synthetics Limited(PSYL)	127.36 ▲ 11.58 (10%)
Zuma Resources / Jun 4 Zuma Resources Limited(ZUMA)	72.62 ▲ 6.6 (10%)
Allawasaya Tex / Jun 4 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1,707.26 ▲ 155.21 (10%)
Nets Internat.Comm. / Jun 4 Nets International Communication Limited(GEMNETS)	27.95 ▲ 2.54 (10%)
Pak Qatar Family / Jun 4 Pak Qatar Family Takaful Limited(PAKQATAR)	25.43 ▲ 2.31 (9.99%)

Stock	Price
Shams Textile / Jun 4 Shams Textile Mills Limited(STML)	38.36 ▼ -3.25 (-7.81%)
Security Investment Bank / Jun 4 Security Investment Bank Limited(SIBL)	7 ▼ -0.49 (-6.54%)
JS Global Cap. / Jun 4 JS Global Capital Limited(JSGCL)	150.05 ▼ -10.11 (-6.31%)
Arpak Int. / Jun 4 Arpak International Investments Ltd.(ARPAK)	108.50 ▼ -6.95 (-6.02%)
Ahmad Hassan / Jun 4 Ahmad Hassan Textile Mills Limited(AHTM)	80 ▼ -5.11 (-6%)
Aisha Steel(ConPS) / Jun 4 Aisha Steel(ConPS)(ASLPS)	28 ▼ -1.78 (-5.98%)
Dewan Textile / Jun 4 Dewan Textile Mills Limited(DWTM)	9.09 ▼ -0.55 (-5.71%)
Blessed Tex. / Jun 4 Blessed Textiles Limited(BTL)	1,121 ▼ -63.3 (-5.34%)
Saritow Spinning / Jun 4 Saritow Spinning Mills Limited(SSML)	23.70 ▼ -1.28 (-5.12%)
Shadman Cotton / Jun 4 Shadman Cotton Mills Limited(SHCM)	47.42 ▼ -2.46 (-4.93%)

Stock	Volume
Beco Steel Ltd / Jun 4 Beco Steel Limited(BECO)	76,193,295 ▲ 0.42
P.T.C.L. / Jun 4 Pakistan Telecommunication Company Ltd(PTC)	14,867,212 ▲ 1.72
Pak Qatar Family / Jun 4 Pak Qatar Family Takaful Limited(PAKQATAR)	13,946,272 ▲ 2.31
Wasl Mobility Mod. / Jun 4 Wasl Mobility Modaraba(WASL)	12,999,560 ▲ 0.35
B.O.Punjab / Jun 4 The Bank of Punjab(BOP)	11,706,639 ▲ 0.38
TPL Properties / Jun 4 TPL Properties Limited(TPLP)	11,560,480 ▲ 0.4
Dewan Cement / Jun 4 Dewan Cement Limited(DCL)	10,079,566 ▲ 0.01
Telecard Limited / Jun 4 Telecard Limited(TELE)	9,975,435 ▲ 0.35
Cnergyico PK / Jun 4 Cnergyico PK Limited(CNERGY)	8,938,946 ▲ 0.07
Pak Int.Bulk / Jun 4 Pakistan International Bulk Terminal(PIBTL)	7,696,563 ▲ 0.32

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