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Companies

Cherat Cement, Shirazi Investments plan to acquire majority stake in Rafhan Maize

Cherat Cement Company Limited (CCCL) and Shirazi Investments (Private) Limited have expressed their intention to...

Published 08 May, 2025 12:45pm

Companies

CCP allows 100pc acquisition of Trax Online Ltd by SLGL

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the 100% acquisition of Trax Online (Pvt) Ltd ...

Published 08 May, 2025 07:26am

Companies

Secure Logistics gets CCP approval to acquire Trax Online

The Competition Commission of Pakistan (CCP) on Wednesday approved the complete acquisition of Trax Online (Pvt.)...

Published 07 May, 2025 02:55pm

Companies

Semeen Akhter resigns as CEO of Engro Powergen Qadirpur, BoD to appoint successor

Semeen Akhter is stepping down as the Chief Executive Officer (CEO) of Engro Powergen Qadirpur Limited (EPQL),...

Published 07 May, 2025 11:21am

Companies

Pakistan steel exporter sets up subsidiary in Ireland to tap European markets

International Industries Limited (IIL), one of Pakistan’s largest manufacturers and exporters of steel and polymer...

Published 07 May, 2025 10:54am

Companies

Free SIMs, roaming services: Zong 4G to facilitate over 91,000 pilgrims

KARACHI: Zong 4G is partnering with the Ministry of Religious Affairs (MoRA) for Hajj 2025 in a strategic initiative...

Published 07 May, 2025 06:06am

Companies

Bank Alfalah launches app ‘Worklee’

KARACHI: Bank Alfalah has launched the country’s first, human resources hiring and remote working app called...

Published 07 May, 2025 07:11am

Companies

India’s Godrej Consumer misses profit estimates due to higher costs

India’s Godrej Consumer Product (GOCP.NS), opens new tab reported a fourth-quarter profit that missed analysts’...

Published 06 May, 2025 10:54pm

Stocks

Indian e-scooter maker Ather Energy falls in market debut

Ather Energy’s shares fell 3.3% in their market debut on Tuesday, reversing slight gains from the open, on worries...

Published 06 May, 2025 10:26pm

Companies

Microsoft launches lower-priced AI laptops with Qualcomm chips

SAN FRANCISCO: Microsoft on Tuesday said it will release a new laptop and tablet with chips from Qualcomm at lower...

Published 06 May, 2025 06:53pm

Companies

Musk’s xAI joins TWG Global, Palantir for AI push in financial sector

Elon Musk’s artificial intelligence company xAI has partnered with Palantir Technologies and investment firm TWG...

Published 06 May, 2025 06:34pm

Companies

India’s Paytm posts wider sequential loss as stock option costs weigh

India’s Paytm on Tuesday reported a wider sequential loss for the March quarter as one-time employee stock option...

Published 06 May, 2025 05:28pm

Companies

Marriott amplifies travel industry stress with 2025 revenue forecast cut

Marriott International trimmed its 2025 room revenue forecast and projected second-quarter profit below Wall Street...

Published 06 May, 2025 05:25pm

Companies

Nokian Tyres posts big profit miss as Trump’s tariffs drive uncertainty

Finnish tyre maker Nokian reported a much wider than expected operating loss for the first quarter on Tuesday,...

Published 06 May, 2025 05:02pm

Companies

Ferrari earnings up 15% in first quarter, but confirms risks from US tariffs

MILAN: Luxury sports-car maker Ferrari said on Tuesday its core earnings rose 15% in the first quarter supported by...

Published 06 May, 2025 04:59pm

Companies

Bank Al Habib shuts representative office in Kenya

Bank Al Habib Limited (BAHL) is officially closing its representative office in Kenya, following formal approvals...

Published 06 May, 2025 03:26pm

Money & Banking

BankIslami acquires 32-storey tower in Karachi

BankIslami Pakistan Limited has acquired KASB Altitude, a 32-storey commercial building, in Karachi, which it shall...

Published 06 May, 2025 11:47am

Money & Banking

DIBPL appoints Muhammad Ali Gulfaraz as CEO

KARACHI: Dubai Islamic Bank Pakistan Limited (DIBPL) announced the appointment of Muhammad Ali Gulfaraz as its new...

Published 06 May, 2025 03:19am

Companies

MG upgrades its Plug-in Hybrid Electric Vehicle

KARACHI: MG Pakistan has announced a significant upgrade to its Plug-in Hybrid Electric Vehicle (HS PHEV) by...

Published 06 May, 2025 03:19am

Energy

Commonwealth LNG signs 20-year supply deal with major Asian buyer

U.S. energy firm Commonwealth LNG said on Monday it signed a Sale and Purchase Agreement with a major Asian energy...

Published 05 May, 2025 09:45pm

Middle East

Saudi Arabia’s flynas plans to kick off IPO this month

RIYADH: Saudi Arabian budget airline flynas backed by billionaire Prince Alwaleed Bin Talal is planning to start a...

Published 05 May, 2025 09:41pm

Companies

Indian IT firm Coforge’s profit misses expectations on higher costs

India’s Coforge, opens new tab posted fourth-quarter profit below estimates, as the IT services company was hurt by...

Published 05 May, 2025 08:37pm

Energy

Brazil’s Petrobras lowers diesel prices for third time this year

SAO PAULO: Brazilian state-run oil company Petrobras will reduce the price of diesel sold to distributors by an...

Published 05 May, 2025 08:18pm

Companies

Footwear brand Skechers to be taken private in $9 billion deal

Skechers said on Monday it had agreed to be taken private by investment firm 3G Capital in a $9.4 billion deal, at a...

Updated 05 May, 2025 07:29pm

Companies

Volvo Cars’ battery company Novo Energy to cut half of workforce

COPENHAGEN: Volvo Cars’ Novo Energy said on Monday it will cut its workforce by 50% to reduce costs after evaluating...

Published 05 May, 2025 06:18pm

Companies

Hascol Petroleum appoints Javed Ahmedjee as CEO

Hascol Petroleum Limited has appointed Javed Ahmedjee as its Chief Executive Officer (CEO), effective 05 May 2025....

Published 05 May, 2025 10:33am

Companies

Annual Awards 2024 in Lahore: MCB Islamic Bank celebrates excellence

LAHORE: MCB Islamic Bank proudly hosted its Annual Awards 2024 in Lahore, celebrating outstanding achievements,...

Published 05 May, 2025 06:14am

Companies

Buffett to step down as Berkshire CEO after 60 years

OMAHA (Nebraska): Warren Buffett is ending his career as perhaps the world’s most famous and revered investor,...

Updated 05 May, 2025 08:13am

Companies

Samsung fights $520m India tax demand, points to Reliance practice

NEW DELHI: Samsung has asked an Indian tribunal to quash a $520 million tax demand for allegedly misclassifying...

Published 05 May, 2025 06:14am

Energy

OPEC+ countries to open the oil taps despite price slump

VIENNA: Eight OPEC+ member countries on Saturday announced a sharp increase in oil production for the month of June...

Updated 03 May, 2025 07:02pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 8	281.55
USD PKR Interbank Buying / May 8	281.35
USD to Japanese Yen / May 8	144.45
USD to Swiss Franc / May 8	0.83
Pound Sterling to USD / May 8	1.33
Euro to USD / May 8	1.13
UK LIBOR % / May 6	4.96

Stock	Volume
S&P 500 / May 7	5,631.28
Nasdaq / May 7	17,738.16
Dow Jones / May 7	41,113.97
India Sensex / May 8	80,773.90
Tokyo Nikkei / May 8	36,928.63
Hang Seng / May 8	22,772.13
FTSE 100 / May 8	8,563.33
Germany DAX 30 / May 8	23,254.02
France CAC40 / May 8	7,658.17

Item	Value
Karachi Cotton PKR/37.32 KG / May 7	16,985
Gold 10 Grams PKR / May 7	305,984
Petrol/Litre / May 8	252.63
Crude Oil USD/Barrel / May 8	58.29
Gold Spot USD/Ounce / May 8	3,339
Diesel/Litre / May 8	256.64
Cotton US¢/pound / May 8	67.25

Gainers
Losers
Leaders

Stock	Price
B. F. Mod. / May 8 B.F. Modaraba(BFMOD)	7.40 ▲ 0.89 (13.67%)
Tri-Star Mutual / May 8 Tri-Star Mutual Fund Limited(TSMF)	9 ▲ 0.88 (10.84%)
Idrees Tex. / May 8 Idrees Textile Mills Limited(IDRT)	18.77 ▲ 1.71 (10.02%)
First Elite Cap.Mod / May 8 First Elite Capital Modaraba(FECM)	20.44 ▲ 1.86 (10.01%)
Mandviwala / May 8 Mandviwala Mauser Plastic Industries(MWMP)	20.12 ▲ 1.83 (10.01%)
Blue-Ex Ltd / May 8 Blue-Ex Limited (GEM)(GEMBLUEX)	48.40 ▲ 4.4 (10%)
Khyber Textile / May 8 Khyber Textile Mills Limited(KHYT)	668.07 ▲ 60.73 (10%)
Shakarganj / May 8 Shakarganj Limited(SML)	63.25 ▲ 5.75 (10%)
PIA Holding Co.B / May 8 PIA Holding Company Limited B(PIAHCLB)	7,032.03 ▲ 639.28 (10%)
Gillette Pak / May 8 Gillette Pakistan Limited(GLPL)	237.19 ▲ 21.56 (10%)

Stock	Price
Chenab Ltd (Pref) / May 8 Chenab Limited (Pref)(CLCPS)	1.80 ▼ -0.79 (-30.5%)
Dewan Farooque Sp. / May 8 Dewan Farooque Spinning Mills Limited(DFSM)	2.39 ▼ -0.71 (-22.9%)
Cresent Jute / May 8 Crescent Jute Products Limited(CJPL)	2.40 ▼ -0.64 (-21.05%)
Grays Leasing / May 8 Grays Leasing Limited(GRYL)	3.79 ▼ -1 (-20.88%)
Kohinoor Spining / May 8 Kohinoor Spinning Mills Limited(KOSM)	3.92 ▼ -0.95 (-19.51%)
D.S. Ind. Ltd. / May 8 D.S. Industries Limited(DSIL)	3.45 ▼ -0.77 (-18.25%)
Al-Shaheer Corp / May 8 Al Shaheer Corporation Limited(ASC)	5 ▼ -1 (-16.67%)
Kohinoor Power / May 8 Kohinoor Power Company Limited(KOHP)	5.22 ▼ -1 (-16.08%)
Siddiqsons Tin / May 8 Siddiqsons Tin Plate Limited(STPL)	4.32 ▼ -0.81 (-15.79%)
First Fid. Leasing / May 8 First Fidelity Leasing Modaraba(FFLM)	1.70 ▼ -0.31 (-15.42%)

Stock	Volume
WorldCall Telecom / May 8 Worldcall Telecom Limited(WTL)	92,127,647 ▼ -0.12
Kohinoor Spining / May 8 Kohinoor Spinning Mills Limited(KOSM)	28,279,356 ▼ -0.95
K-Electric Ltd. / May 8 K-Electric Limited(KEL)	26,999,001 ▼ -0.33
B.O.Punjab / May 8 The Bank of Punjab(BOP)	26,754,189 ▼ -0.53
Maple Leaf Cement / May 8 Maple Leaf Cement Factory Limited(MLCF)	19,523,763 ▼ -6.69
Fauji Cement / May 8 Fauji Cement Company Limited(FCCL)	19,360,083 ▼ -3.25
Cnergyico PK / May 8 Cnergyico PK Limited(CNERGY)	19,321,096 ▼ -0.89
Sui South Gas / May 8 Sui Southern Gas Company Limited(SSGC)	15,062,380 ▼ -3.25
Pak Int.Bulk / May 8 Pakistan International Bulk Terminal(PIBTL)	14,821,706 ▼ -0.79
Fauji Foods Ltd / May 8 Fauji Foods Limited(FFL)	13,262,783 ▼ -1.32

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