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tech

Tech gains help TSX add to weekly winning streak

BENGALURU: Canada’s main stock index edged higher on Friday, led by technology and energy shares, as US data ...

Published 30 Jan, 2023 05:56am

Business & Finance

Spotify to lay of about 600 staff as tech woes spread

STOCKHOLM: Swedish music streaming giant Spotify said Monday it was cutting six percent of its roughly 10,000...

Published 30 Jan, 2023 05:56am

Markets

Tech, property shares lift HK stocks as recovery hopes brighten

HONG KONG: Hong Kong stocks on Wednesday jumped to their highest since July, while China stocks extended gains, as...

Published 05 Jan, 2023 05:58am

Technology

Pakistan's software developers emerging among top choices for US-based companies: Turing CEO

Siddharth says company focused on South Asia with Pakistani IT professionals high on its radar

Updated 02 Aug, 2022 10:59pm

Technology

A changing environment for Dubai's transport startup Swvl

DUBAI: Higher oil prices have helped Dubai-based transport startup Swvl attract customers as people in its bigger...

Published 19 Jul, 2022 04:10pm

World

UN urges Africa to swap commodities for tech

DAKAR: The UN’s trade body on Thursday said African economies were vulnerable to a triple shock as it urged...

Published 15 Jul, 2022 07:45am

Technology

After reporting $13mn funding round in Feb, Truck It In announces 'severance packages'

Announcement points to a larger trend of layoffs within tech startups globally

Published 02 Jun, 2022 02:27pm

Perspectives

Technology weaponisation: Pakistan needs homegrown solutions

Amidst the fourth industrial revolution, the world has become digitally interconnected and the lives of people have...

Published 28 May, 2022 09:39pm

World

‘Metaverse’ is the future of tech, and Dubai does not want to be left behind

Dubai hopes the metaverse sector will contribute $4 billion to its economy by 2030

Updated 23 May, 2022 06:24pm

Life & Style

Dubai's Museum of the Future opens its doors to visitors and a ‘spaceship’

A recent viral video has created buzz for the museum that aims to highlight its tech and outer space exhibits

Published 22 Feb, 2022 06:32pm

Technology

GoZayaan acquires Pakistan's FindMyAdventure for $3.5mn

Singapore-based travel startup expands into Pakistan with aim to improve region's travel and tourism infrastructure

Updated 16 Feb, 2022 08:25pm

Markets

Nasdaq up 2pc on final day of volatile month

NEW YORK: The tech-heavy Nasdaq rose nearly 2% on Monday, but was still on track for its worst ever start to the ...

Published 01 Feb, 2022 04:07am

Business & Finance

Inaugurating Lahore Technopolis, PM says IT sector could end Pakistan’s CAD concerns

Special technology zone has been established under Lahore Knowledge Park Company

Updated 23 Dec, 2021 06:53pm

Markets

Tech, finance stocks drag Hong Kong shares

HONG KONG: Hong Kong shares closed at a near 21-month low on Monday, dragged down by tech giants and financial ...

Published 21 Dec, 2021 04:14am

Markets

S&P 500 hits record high on tech strength, earnings cheer

NEW YORK: Gains in Tesla, Nvidia and other heavyweight technology names helped the benchmark S&P 500 index scale...

Published 27 Oct, 2021 04:50am

Business & Finance

Irish tech sector weighs up implications of global tax plan

DUBLIN: The day after Ireland backed plans for a minimum global corporation tax of 15 percent, tech firms lured to...

Published 11 Oct, 2021 04:32am

Markets

Tech, financials drive Wall Street recovery ahead of Fed

NEW YORK: Wall Street indexes bounced back from recent losses on Wednesday as concerns over a default by China’s...

Published 23 Sep, 2021 04:35am

Business & Finance

Early trade: Tech, cyclical stocks pull Wall St lower as China data sours mood

NEW YORK: Wall Street’s main indexes fell on Monday, as glum data from China sparked fears of slowing global...

Published 17 Aug, 2021 04:42am

Business & Finance

Pakistan’s Trivzia raises $400,000 in seed round

Startup hopes to expand user base, grow its team and strengthen its platform using funds from 47 Ventures

Published 22 Jun, 2021 06:39pm

Opinion

India to expedite Amazon, Flipkart antitrust probe as tech focus intensifies

India's antitrust watchdog plans to expedite a restarted probe into allegations of anti-competitive behaviour at...

Published 16 Jun, 2021 03:39am

Technology

Japanese investment firm looks to become active in Pakistan

Bold Investment, based in Tokyo, will concentrate on the tech sector

Updated 02 Jun, 2021 01:15pm

Pakistan

Disabled persons: Facebook, GSMA focus on assistive tech

KARACHI: Marking the tenth anniversary of the Global Accessibility Awareness Day (GAAD) and to drive more...

Updated 24 May, 2021 08:28am

Technology

Indus Valley Capital raises $17.5M in its debut fund to invest in Pakistani startups

Indus Valley Capital (IVC) raises $17.5 million in its debut fund to invest in early-stage Pakistani startups.
While the target size of the fund was $15 million, it was oversubscribed with over 75 individual investors from all around the globe.

Updated 01 Mar, 2021 12:55pm

Markets

Wednesday’s early trade: Nasdaq declines as tech sell-off resumes

NEW YORK: The Nasdaq index fell in choppy trading on Wednesday as investors continued to sell technology-related...

Published 25 Feb, 2021 04:58am

World

Jack Ma's Ant IPO blocked by Chinese government, after probe revealed political beneficiaries

Last year, Chinese premier Xi Jinping blocked Ant Group's initial public offering, as it was speculated that the decision was based on Jack Ma's public criticism of Jinping's financial oversight campaign, and that it could add risk to the financial system.
A group of well-connected Chinese power players backed the company; including those linked with political families that pose a potential challenge to Jinping's authority.

Updated 17 Feb, 2021 05:05pm

Technology

Pakistani Tech Startup VINNCORP secures six figure initial investment

VINNCORP, established in November 2017 by two former batch mates of FAST Karachi, with a background experience in leading companies like Microsoft HQ, Salesforce HQ, VMware and Oracle

Published 12 Feb, 2021 10:59am

Chinese vaccine not recommended for people aged above 60

ISLAMABAD: The Special Assistant to the Prime Minister (SAPM) on National Health Services, Dr Faisal Sultan, on...

Updated 05 Feb, 2021 10:06am

Technology

ICT Exports rise by 40 pc: MoITT

Information and Communication Technology exports in Pakistan rose by 40 percent to US$ 958 million during July-December of FY 2020-21.

Published 27 Jan, 2021 06:17pm

Technology

India's TCS becomes Most Valued IT Company in the World

India's Tata Consultancy Services (TCS) overtakes Accenture to become the most valued IT services company in the world today.
TCS's market capitalization rose to US$ 169.9 billion ahead of its rival Accenture.

Published 25 Jan, 2021 07:51pm

Technology

Pandemic's robot 'heroes' highlight their value at tech show

WASHINGTON: Robots that helped people survive and stay safe over the past year are touting their value at the tech...

Updated 18 Jan, 2021 04:39am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 9 786 Investments Limited(786)	5.50 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 9 Al-Abbas Sugar Mills Limited(AABS)	462.50 ▼ 0.00 (0.00%)
Agro Allianz / Jun 9 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 9 Allied Bank Limited(ABL)	67 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 9 Abbott Laboratories (Pakistan) Limited(ABOT)	396.99 ▼ 0.00 (0.00%)
Abson Ind. / Jun 9 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 9 Alfalah Consumer Index ETF.(ACIETF)	6.44 ▼ 0.00 (0.00%)
Attock Cement / Jun 9 Attock Cement Pakistan Limited(ACPL)	82.45 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 9 786 Investments Limited(786)	5.50 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 9 Al-Abbas Sugar Mills Limited(AABS)	462.50 ▲ 0.00 (0.00%)
Agro Allianz / Jun 9 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 9 Allied Bank Limited(ABL)	67 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 9 Abbott Laboratories (Pakistan) Limited(ABOT)	396.99 ▲ 0.00 (0.00%)
Abson Ind. / Jun 9 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 9 Alfalah Consumer Index ETF.(ACIETF)	6.44 ▲ 0.00 (0.00%)
Attock Cement / Jun 9 Attock Cement Pakistan Limited(ACPL)	82.45 ▲ 0.00 (0.00%)

Stock	Volume
Unity Foods Ltd / Jun 9 Unity Foods Limited(UNITY)	28,723,523 ▲ 0.00
WorldCall Telecom / Jun 9 Worldcall Telecom Limited(WTL)	17,617,018 ▲ 0.00
TPL Properties / Jun 9 TPL Properties Limited(TPLP)	15,788,641 ▲ 0.00
Pak Refinery / Jun 9 Pakistan Refinery Limited(PRL)	9,600,621 ▲ 0.00
P.I.A.C.(A) / Jun 9 Pakistan International Airlines Corp(PIAA)	8,850,500 ▲ 0.00
Pak Int.Bulk / Jun 9 Pakistan International Bulk Terminal(PIBTL)	6,660,000 ▲ 0.00
Fauji Foods Ltd / Jun 9 Fauji Foods Limited(FFL)	6,382,956 ▲ 0.00
Hascol Petrol / Jun 9 Hascol Petroleum Limited(HASCOL)	6,313,500 ▲ 0.00
Telecard Limited / Jun 9 Telecard Limited(TELE)	5,453,799 ▲ 0.00
Fauji Cement / Jun 9 Fauji Cement Company Limited(FCCL)	4,608,000 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 8	287.32
USD PKR Interbank Buying / Jun 8	287.12
USD to Japanese Yen / Jun 8	139.76
USD to Swiss Franc / Jun 8	0.91
Pound Sterling to USD / Jun 8	1.24
Euro to USD / Jun 8	1.07
UK LIBOR % / Jun 7	5.07

Stock	Volume
S&P 500 / Jun 7	4267.52
Nasdaq / Jun 7	13104.89
Dow Jones / Jun 7	33665.02
India Sensex / Jun 8	63203.02
Tokyo Nikkei / Jun 8	31605.11
Hang Seng / Jun 8	19177.52
FTSE 100 / Jun 8	7612.23
Germany DAX 30 / Jun 8	15994.38
France CAC40 / Jun 8	7222.68

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 7	20235
Gold 10 Grams PKR / Jun 7	194873
Crude Oil USD/Barrel / Jun 8	72.32
Gold Spot USD/Ounce / Jun 8	1946.62
Cotton US¢/pound / Jun 8	81.37

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