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Companies

China’s EV makers turn on BYD as price war escalates

BEIJING: Fierce competition among China’s leading EV makers has intensified, with a long-running dispute between BYD...

Published 09 Jun, 2025 05:23pm

Companies

India’s Bajaj Holdings sells stake worth $234 million in Bajaj Finserv via block deal

Bajaj Holdings and Investment said on Friday that it sold a 0.65% stake in financial services firm Bajaj Finserv for...

Published 06 Jun, 2025 04:41pm

Energy

Russian Urals oil to India sells at narrowest discounts since 2022, traders say

MOSCOW/NEW DELHI: Discounts for Russian flagship Urals crude oil for delivery to Indian ports in July hit their...

Published 06 Jun, 2025 04:39pm

Energy

India’s GAIL sells LNG cargo as early monsoons cause weak power demand, say sources

SINGAPORE: GAIL (India) Ltd has re-sold one liquefied natural gas (LNG) cargo this week, said three market sources...

Published 06 Jun, 2025 04:35pm

Companies

12 cities nationwide: JazzCash facilitating QR-based payments at 27 cattle markets

ISLAMABAD: JazzCash is facilitating QR-based payments at 27 cattle markets across 12 cities nationwide -- initiative...

Published 06 Jun, 2025 06:12am

Companies

India’s Bajaj Finserv founding firms to sell 1.6% stake for $554 million

The founding firms of India’s Bajaj Finserv will sell at least a 1.58% stake they own in the financial services...

Published 05 Jun, 2025 06:46pm

Companies

Countrywide expansion: Halan receives licence from State Bank of Pakistan

KARACHI: Halan Microfinance Bank (“the Bank”), a Pakistani microfinance bank owned by MNT-Halan, Egypt and the...

Updated 06 Jun, 2025 07:08am

Companies

Gucci owner Kering in talks to sell stake in $1 billion Fifth Avenue property, sources say

PARIS/MILAN: Gucci owner Kering is in exclusive talks with buyout group Ardian about the sale of a stake in a...

Published 05 Jun, 2025 06:43pm

Companies

Mercedes-Benz proposes tariff offset system with US, Spiegel reports

BERLIN: Mercedes-Benz has proposed a deal under which U.S. cars could be imported into Europe duty free in exchange...

Published 05 Jun, 2025 06:23pm

Companies

Apple gives Tata India iPhone repair business as partnership expands

BENGALURU: Apple has brought in Tata Group to handle repairs for iPhones and MacBook devices in its fast-growing...

Published 05 Jun, 2025 06:10pm

Companies

India plans rare earth magnet incentives as supply threat mounts

NEW DELHI: India is holding talks with companies to establish long-term stockpiles of rare earth magnets by offering...

Published 05 Jun, 2025 06:05pm

Commodities

EU has existing tools to reduce pain of steel tariffs, Thyssenkrupp executive says

BRUSSELS: Europe already has tools to reduce the impact of Trump tariffs and Chinese over-capacity on the EU steel...

Published 05 Jun, 2025 05:57pm

Companies

Walmart’s Flipkart secures approval for direct lending in India

Walmart’s Flipkart has secured a lending licence from the Indian central bank and banking regulator, enabling it to...

Published 05 Jun, 2025 05:37pm

Companies

Engro Fertilizers shuts down EnVen plant for unscheduled maintenance

Engro Fertilizers Limited (EFERT) has temporarily shut down its EnVen plant in Daharki, Sindh, due to unscheduled...

Published 05 Jun, 2025 12:19pm

Industry

Pakistan’s manufacturing PMI falls amid geopolitical unrest & supply disruptions

KARACHI: The headline HBL Pakistan Manufacturing PMI fell to an 8-month low of 51.1 in May from 51.9 in April,...

Published 05 Jun, 2025 06:08am

Companies

SAAKH Pharmaceutical to invest Rs1bn in new plant

KARACHI: In a pharmaceutical innovation, SAAKH Group has announced an investment of over PKR 1 billion to develop...

Published 05 Jun, 2025 06:08am

Companies

PQAMC announces monthly dividend

KARACHI: Pak-Qatar Asset Management Company Limited (PQAMC) has announced the monthly dividend of Pak-Qatar Monthly...

Published 05 Jun, 2025 06:08am

Companies

Smallholder farmers: HZSL signs strategic MoU with Bayer Pakistan

LAHORE: HBL Zarai Services Limited (HZSL), a wholly owned subsidiary of Habib Bank Limited (HBL), has entered into a...

Published 05 Jun, 2025 06:49am

Companies

NBP surpasses Rs100bn financing

KARACHI: National Bank of Pakistan (NBP) has achieved a major milestone, surpassing Rs 100 billion in total...

Updated 05 Jun, 2025 07:30am

Companies

Reliance, Airtel group challenges ‘low’ India satcom fee which can help Starlink

NEW DELHI: A group representing Indian telecom giants Reliance Jio and Bharti Airtel has said their businesses will...

Published 04 Jun, 2025 09:54pm

Companies

India’s Vedanta says Trump’s tariffs damaging, seeks import curbs

Indian metals-to-oil conglomerate Vedanta said on Wednesday that U.S. President Donald Trump’s doubling of aluminium...

Published 04 Jun, 2025 09:41pm

Middle East

Dubai party hotel FIVE considers listing in London or New York

DUBAI: Dubai party hotel operator FIVE Holdings is considering listing in London or New York, three people with...

Published 04 Jun, 2025 09:02pm

Companies

Nvidia chips make gains in training largest AI systems, new data shows

SAN FRANCISCO: Nvidia’s newest chips have made gains in training large artificial intelligence systems, new data...

Published 04 Jun, 2025 08:45pm

Companies

Ford recalls nearly 64,000 compact pickup trucks over airbag indicator light concern

The National Highway Traffic Safety Administration said on Wednesday that Ford Motor Co would recall 63,898 compact...

Published 04 Jun, 2025 04:34pm

Companies

Thyssenkrupp Steel Europe: US tariffs have limited impact but put pressure on trade

DUESSELDORF: US tariffs on steel have only a limited direct effect on Thyssenkrupp Steel Europe, the company said on...

Published 04 Jun, 2025 04:22pm

Companies

Engro Powergen Qadirpur appoints Adeel Qamar as CEO

Engro Powergen Qadirpur Limited (EPQL) approved the appointment of Adeel Qamar as the Chief Executive Officer (CEO)....

Published 04 Jun, 2025 03:23pm

Companies

Pakistan’s Big Bird Foods enters into strategic partnership with Alibaba Group

Announces the development in its notice to the Pakistan Stock Exchange today

Updated 04 Jun, 2025 05:28pm

Companies

KAPCO signs tripartite power agreement

The Kot Addu Power Company Limited (KAPCO) has signed a Tri-Partite Power Purchase Agreement (TPPA) along with the...

Published 04 Jun, 2025 02:48pm

Companies

Race intensifies: Cherat Cement, Shirazi Investments move to acquire majority stake in ACPL

The race for the acquisition of Attock Cement Pakistan Limited (ACPL) has intensified after Cherat Cement (CCCL) and...

Updated 04 Jun, 2025 07:07pm

Telecommunication

Supernet subsidiary secures multi-million dollar cybersecurity deal with top Pakistani telecom firm

Super Secure, a subsidiary of Supernet Limited, has secured a multi-year, multi-million dollar contract to provide...

Updated 04 Jun, 2025 07:06pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 5	282.22
USD PKR Interbank Buying / Jun 5	282.02
USD to Japanese Yen / Jun 9	144.23
USD to Swiss Franc / Jun 9	0.82
Pound Sterling to USD / Jun 9	1.36
Euro to USD / Jun 9	1.14
UK LIBOR % / Jun 5	4.96

Stock	Volume
S&P 500 / Jun 6	6,000.36
Nasdaq / Jun 6	19,529.95
Dow Jones / Jun 6	42,762.87
India Sensex / Jun 9	82,525.65
Tokyo Nikkei / Jun 9	38,087.13
Hang Seng / Jun 9	24,074.31
FTSE 100 / Jun 9	8,829.87
Germany DAX 30 / Jun 9	24,194.60
France CAC40 / Jun 9	7,801.25

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 5	16,985
Gold 10 Grams PKR / Jun 5	307,270
Crude Oil USD/Barrel / Jun 9	64.43
Gold Spot USD/Ounce / Jun 9	3,319.59
Cotton US¢/pound / Jun 9	68.28
Petrol/Litre / Jun 10	253.63
Diesel/Litre / Jun 10	254.64

Gainers
Losers
Leaders

Stock	Price
First IBL Mod. / Jun 5 First IBL Modaraba(FIBLM)	4.20 ▲ 1 (31.25%)
First Fid. Leasing / Jun 5 First Fidelity Leasing Modaraba(FFLM)	2.97 ▲ 0.59 (24.79%)
Invest Bank / Jun 5 Invest Capital Investment Bank Limited(ICIBL)	3.92 ▲ 0.57 (17.01%)
Abdullah Shah / Jun 5 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	7 ▲ 1 (16.67%)
F.Credit & Inv / Jun 5 First Credit and Investment Bank Limited(FCIBL)	9.31 ▲ 1 (12.03%)
Ashfaq Textile / Jun 5 Ashfaq Textile Mills Limited(ASHT)	17.55 ▲ 1.6 (10.03%)
Nets Internat.Comm. / Jun 5 Nets International Communication Limited(GEMNETS)	21.41 ▲ 1.95 (10.02%)
Sardar Chemical / Jun 5 Sardar Chemical Industries Limited(SARC)	53.19 ▲ 4.84 (10.01%)
Kohinoor Mills / Jun 5 Kohinoor Mills Limited(KML)	49.96 ▲ 4.54 (10%)
Hala Enterprise / Jun 5 Hala Enterprises Limited(HAEL)	26.61 ▲ 2.42 (10%)

Stock	Price
Supernet Ltd. / Jun 5 Supernet Limited(GEMSPNL)	41.55 ▼ -4.62 (-10.01%)
ICC Industries / Jun 5 ICC Industries Limited(ICCI)	14.66 ▼ -1.63 (-10.01%)
PIA Holding Co.B / Jun 5 PIA Holding Company Limited B(PIAHCLB)	28,789.98 ▼ -3198.89 (-10%)
Khyber Textile / Jun 5 Khyber Textile Mills Limited(KHYT)	2,735.17 ▼ -303.91 (-10%)
Apna Microfin. / Jun 5 Apna Microfinance Bank Limited(AMBL)	9.71 ▼ -1.07 (-9.93%)
K.S.B.Pumps / Jun 5 KSB Pumps Company Limited(KSBP)	234.17 ▼ -23.62 (-9.16%)
Arpak Int. / Jun 5 Arpak International Investments Ltd.(ARPAK)	56.01 ▼ -5.59 (-9.07%)
Diamond Ind. / Jun 5 Diamond Industries Limited(DIIL)	21.89 ▼ -1.91 (-8.03%)
Paramount Mod / Jun 5 First Paramount Modaraba(FPRM)	7.82 ▼ -0.68 (-8%)
JS Global Banking / Jun 5 JS Global Banking Sector (ETF)(JSGBETF)	23 ▼ -1.9 (-7.63%)

Stock	Volume
K-Electric Ltd. / Jun 5 K-Electric Limited(KEL)	179,677,072 ▲ 0.42
Unity Foods Ltd / Jun 5 Unity Foods Limited(UNITY)	62,902,228 ▲ 0.75
WorldCall Telecom / Jun 5 Worldcall Telecom Limited(WTL)	52,373,487 ▲ 0.05
Invest Bank / Jun 5 Invest Capital Investment Bank Limited(ICIBL)	40,420,682 ▲ 0.57
Fauji Foods Ltd / Jun 5 Fauji Foods Limited(FFL)	37,050,317 ▲ 0.3
Treet Corp / Jun 5 Treet Corporation Limited(TREET)	34,993,918 ▲ 0.73
Dewan Cement / Jun 5 Dewan Cement Limited(DCL)	33,992,276 ▲ 1.24
PIA Holding Co.Ltd / Jun 5 PIA Holding Company Limited(PIAHCLA)	31,842,116 ▲ 1.77
B.O.Punjab / Jun 5 The Bank of Punjab(BOP)	24,182,352 ▲ 0.02
Sui South Gas / Jun 5 Sui Southern Gas Company Limited(SSGC)	14,969,512 ▼ -0.66

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