Home - Business Recorder

Updated 16 Oct, 2026 11:04pm

Govt reduces petrol price by Rs3.93 per litre, keeps diesel's unchanged

New prices effective for next three days

Markets

Oil prices gain more than 3%, heading for weekly gain with focus on Middle East supply

Updated 17 Oct, 2026 12:35am

Business & Finance

Pakistan posts $356mn current account deficit in Sept 2026

Updated 16 Oct, 2026 09:40pm

Pakistan

Pakistan rejects Indian defence minister’s remarks, warns against aggression

Updated 16 Oct, 2026 05:02pm

Markets

SECP pursues action over SE Fruits disclosures, seeks stronger audit oversight

Published 16 Oct, 2026 07:32pm

Business & Finance

Pakistan’s IT exports hit $435mn in September, 'second-highest ever'

Updated 16 Oct, 2026 11:17pm

Markets

Pakistan to chair World Bank, IMF Boards in 2027

Updated 16 Oct, 2026 02:56pm

Business & Finance

Aurangzeb discusses Sukuk, Panda bonds with Standard Chartered

Published 16 Oct, 2026 07:31pm

World

Trump says US may need to strike Iran's Pickaxe Mountain

Published 16 Oct, 2026 06:57pm

Technology

PTA says intensified nationwide monitoring, measures to improve telecom services

Published 16 Oct, 2026 06:44pm

Business & Finance

PSX: KSE-100 Index closes marginally higher after range-bound trading

Updated 16 Oct, 2026 05:55pm

Must Read

LIVE: IMF-World Bank meetings

Perspectives

People can do everything right and still lose

Editorials

State of economy: stabilisation at the cost of growth

Editorials

Passenger safety - a neglected priority

Opinion

Education without learning

Opinion

Extraction & POL price fixing

Opinion

Learning from China’s economic philosophy and policy — XII

BR Research

Missing auto policy amid growing auto sales

BR Research

Ismail Industries Limited: performance and outlook

World

WEF could appoint Lagarde as early as November, sources say

Perspectives

When machines can do more, what should we do?

Pakistan to chair World Bank, IMF Boards in 2027

Bank of England's Bailey says second-round inflation pressures look subdued so far

Oil prices gain more than 3%, heading for weekly gain with focus on Middle East supply

Pakistan posts $356mn current account deficit in Sept 2026

Income tax return filing: FBR morally bound to extend deadline until Dec: expert

Gold rate in Pakistan rises by Rs2,800 per tola

FBR further extends tax return filing deadline to October 31

Governor’s Rule in KP termed as per law

Loss-making Disco on sell-off list: IESCO seeks over 54pc hike in tariff for CY27

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 16	277.11 ▼ -0.05
USD PKR Interbank Buying / Oct 16	276.91 ▼ -0.01
USD to Japanese Yen / Oct 16	157.86 ▼ -0.29
USD to Swiss Franc / Oct 16	0.83 ▼ -0.0015
Pound Sterling to USD / Oct 16	1.33 ▲ 0.0036
Euro to USD / Oct 16	1.12 ▲ 0.0018
SOFR % / Oct 15	3.89 ▲ 0.01
UK LIBOR % / Dec 5	4.96 -

Stock	Volume
India Sensex / Oct 16	74,638.96
Tokyo Nikkei / Oct 16	65,342.17
Hang Seng / Oct 16	24,160.99
S&P 500 / Oct 15	7,744.06
Nasdaq / Oct 15	26,713.03
FTSE 100 / Oct 15	10,840.35
Dow Jones / Oct 15	52,177.69
Germany DAX 30 / Oct 15	25,382.62
France CAC40 / Oct 15	7,934.70

Item	Value
Petrol/Litre / Oct 17	386.30
Diesel/Litre / Oct 17	396.96
Crude Oil USD/Barrel / Oct 16	97.52
Karachi Cotton PKR/37.32 KG / Oct 16	18,580
Gold 10 Grams PKR / Oct 16	377,774
Gold Spot USD/Ounce / Oct 16	4,174.70
Cotton US¢/pound / Oct 16	80.32

Gainers
Losers
Leaders

Stock	Price
Unicap Modaraba / Oct 16 Unicap Modaraba(UCAPM)	12.06 ▲ 1.1 (10.04%)
Mughal Energy / Oct 16 Mughal Energy Limited(GEM)(GEMMEL)	40.98 ▲ 3.73 (10.01%)
Atlas Battery / Oct 16 Atlas Battery Limited(ATBA)	175.82 ▲ 15.98 (10%)
Bolan Casting / Oct 16 Bolan Castings Limited(BCL)	77.33 ▲ 7.03 (10%)
Bannu Woollen / Oct 16 Bannu Woollen Mills Limited(BNWM)	66.19 ▲ 6.02 (10%)

Stock	Price
Shahtaj Textile / Oct 16 Shahtaj Textile Limited(STJT)	136.99 ▼ -17.42 (-11.28%)
Aisha Steel(ConPS) / Oct 16 Aisha Steel(ConPS)(ASLPS)	20.14 ▼ -2.24 (-10.01%)
First Tri-Star Mod. / Oct 16 First Tri-Star Modaraba(FTSM)	34.65 ▼ -3.85 (-10%)
J.A.Textile / Oct 16 J.A. Textile Mills Limited(JATM)	55.42 ▼ -6.16 (-10%)
Kohat Textile / Oct 16 Kohat Textile Mills Limited(KOHTM)	104.16 ▼ -11.57 (-10%)

Stock	Volume
Pakistan Refinery / Oct 16 Pakistan Refinery Limited(PRL)	38,316,808 ▲ 3.21
Cnergyico PK / Oct 16 Cnergyico PK Limited(CNERGY)	37,068,540 ▲ 0.07
K-Electric Ltd. / Oct 16 K-Electric Limited(KEL)	27,973,931 ▲ 0.17
Wasl Mobility Mod. / Oct 16 Wasl Mobility Modaraba(WASL)	15,606,917 ▲ 0.37
Pace (Pak) Ltd. / Oct 16 Pace (Pakistan) Limited(PACE)	12,284,863 ▼ -0.09

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 16	277.11 ▼ -0.05
USD PKR Interbank Buying / Oct 16	276.91 ▼ -0.01
USD to Japanese Yen / Oct 16	157.86 ▼ -0.29
USD to Swiss Franc / Oct 16	0.83 ▼ -0.0015
Pound Sterling to USD / Oct 16	1.33 ▲ 0.0036
Euro to USD / Oct 16	1.12 ▲ 0.0018
SOFR % / Oct 15	3.89 ▲ 0.01
UK LIBOR % / Dec 5	4.96 -

Stock	Volume
India Sensex / Oct 16	74,638.96
Tokyo Nikkei / Oct 16	65,342.17
Hang Seng / Oct 16	24,160.99
S&P 500 / Oct 15	7,744.06
Nasdaq / Oct 15	26,713.03
FTSE 100 / Oct 15	10,840.35
Dow Jones / Oct 15	52,177.69
Germany DAX 30 / Oct 15	25,382.62
France CAC40 / Oct 15	7,934.70

Item	Value
Petrol/Litre / Oct 17	386.30
Diesel/Litre / Oct 17	396.96
Crude Oil USD/Barrel / Oct 16	97.52
Karachi Cotton PKR/37.32 KG / Oct 16	18,580
Gold 10 Grams PKR / Oct 16	377,774
Gold Spot USD/Ounce / Oct 16	4,174.70
Cotton US¢/pound / Oct 16	80.32

Pakistan to chair World Bank, IMF Boards in 2027

Bank of England's Bailey says second-round inflation pressures look subdued so far

Oil prices gain more than 3%, heading for weekly gain with focus on Middle East supply

Pakistan posts $356mn current account deficit in Sept 2026

Income tax return filing: FBR morally bound to extend deadline until Dec: expert

Gold rate in Pakistan rises by Rs2,800 per tola

FBR further extends tax return filing deadline to October 31

Governor’s Rule in KP termed as per law

Loss-making Disco on sell-off list: IESCO seeks over 54pc hike in tariff for CY27

Latest Videos

Pakistan’s auto sales rise 20% despite policy uncertainty

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Business & Finance

Govt reduces petrol price by Rs3.93 per litre, keeps diesel's unchanged

New prices effective for next three days

Updated 16 Oct, 2026 11:04pm

BR Research

Missing auto policy amid growing auto sales

Pakistan’s new auto policy is nowhere to be seen, but car sales continue to grow. What is changing is the...

Published 16 Oct, 2026 05:31am

Pakistan’s IT exports hit $435mn in September, 'second-highest ever'

IT exports for first quarter of FY27 clock in at $1.25 billion

Updated 16 Oct, 2026 11:17pm

Stocks

SECP pursues action over SE Fruits disclosures, seeks stronger audit oversight

Appropriate action will be taken where violations are established, Commission says

Published 16 Oct, 2026 07:32pm

BR Research

Ismail Industries Limited: performance and outlook

Ismail Industries Limited (PSX: ISIL) was incorporated in Pakistan as a private limited company in 1988 and was...

Updated 16 Oct, 2026 07:43am

PTA says intensified nationwide monitoring, measures to improve telecom services

Various monitoring activities, service improvement measures undertaken through PTA’s Zonal Offices, regulator says

Published 16 Oct, 2026 06:44pm

Money & Banking

Pakistan posts $356mn current account deficit in Sept 2026

Deficit of $73mn was recorded in Aug 2026

Updated 16 Oct, 2026 09:40pm

Commodities

NBP inks MoU with PowerChina arm for green financing collaboration

National Bank of Pakistan (NBP) has signed a Memorandum of Understanding (MoU) with PowerChina|Integrity Energy... Published 16 Oct, 2026 04:46pm

Commodities

Gold rate in Pakistan rises by Rs2,800 per tola

International rate of gold up by $28 to reach $4,181 per ounce

Published 16 Oct, 2026 04:17pm

Exchange

Rupee registers gain against US dollar

Settles at 276.91 against greenback

Updated 16 Oct, 2026 08:56pm

BR Research

Cement recovery remains uneven

Pakistan’s cement sector ended the first quarter of FY27 on a positive note, with domestic demand picking up despite...

Updated 15 Oct, 2026 07:20am

BR Research

Shabbir Tiles & Ceramics Limited: performance and outlook

Shabbir Tiles & Ceramics Limited (PSX: STCL) was incorporated in Pakistan as a public limited company in 1978....

Updated 15 Oct, 2026 07:25am

BR Research

The business of staying small

A microfinance institution can double its loan portfolio, expand its borrower base and report another successful...

Updated 14 Oct, 2026 07:22am

BR Research

The Organic Meat Company Limited: performance and outlook

The Organic Meat Company Limited (PSX: TOMCL) was incorporated in Pakistan as a private limited company in 2010. The...

Updated 14 Oct, 2026 07:32am

Pakistan

Pakistan stands with Saudi Arabia to safeguard its sovereignty, territorial integrity: PM

Notes that Pakistan-Saudi Arabia relations have witnessed remarkable progress in recent years

Published 16 Oct, 2026 05:11pm

Pakistan rejects Indian defence minister’s remarks, warns against aggression

FO spox says Pakistan committed to protecting its sovereignty and territorial integrity

Updated 16 Oct, 2026 05:02pm

Pakistan, 18 other Muslim countries condemn Colombia’s embassy inauguration in Jerusalem

Say such measures are “null and void” and have no legal effect

Published 16 Oct, 2026 02:19pm

DPM Dar directs monitoring of supply chains, prices of essential commodities

Directs strict action against hoarding to protect consumers

Published 16 Oct, 2026 12:10pm

2026-10-16-03-18

Peshawar school roof collapse kills 35 students, 2 teachers

PESHAWAR: The roof of a private school building collapsed in a densely populated locality in Dir Colony, killing... Published 16 Oct, 2026 06:46am

2026-10-16-01-03

India waging proxy war against Pakistan: Aizaz Chaudhry

ISLAMABAD: Pakistan’s former foreign secretary Aizaz Ahmad Chaudhry stated that India had resorted to waging a proxy... Published 16 Oct, 2026 05:31am

World

USA

White House press secretary Zacharia fired in less than a week after facing criticism

Zacharia was "let go" and is "transitioning out" of the press secretary position

Published 17 Oct, 2026 01:22am

USA

Trump says US may need to strike Iran's Pickaxe Mountain

US President considers striking Iran's Pickaxe Mountain, a deeply buried nuclear site, to ensure Tehran never obtains a nuclear weapon

Published 16 Oct, 2026 06:57pm

Middle East

Iran ships some LPG, jet fuel despite US blockade, data shows

Iran is evading a US naval blockade, secretly exporting LPG and jet fuel through clandestine ship-to-ship transfers

Published 16 Oct, 2026 05:09pm

Europe

Thousands march in Albanian capital as anti-government protests spread

Albanian students intensify protests against PM Rama, citing corruption, poor education, and controversial luxury resort plans, threatening the nation's EU aspirations

Published 16 Oct, 2026 06:51pm

Middle East

Iran's navy says oil tanker detected on fire in Gulf of Oman

Iran's navy reported an oil tanker on fire in a prohibited Gulf of Oman area, its tracking systems off, highlighting risks in the critical Strait of Hormuz region

Published 16 Oct, 2026 04:46pm

Editorials

State of economy: stabilisation at the cost of growth

EDITORIAL: The state of the economy is not presenting any encouraging picture. Businesses and consumers across the...

Passenger safety - a neglected priority

EDITORIAL: The tragic derailment of the Rehman Baba Express near Multan, which claimed five lives, including that of...

IMF growth projection

EDITORIAL: The International Monetary Fund (IMF) in its report titled World Economic Outlook released during the...

From ESG reporting to action

EDITORIAL: The concerns raised by Senator Sherry Rehman at the launch of the Pakistan Environmental, Social and...

Economic stability alone is not enough

EDITORIAL: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal in a letter to Prime...

Opinion

Education without learning

Nadeem ul Haque Shahid Sattar

Pakistan's education crisis stems from deep-seated over-regulation and political control, stifling school autonomy and hindering the nation's ability to build an AI-ready workforce