Home - Business Recorder

Published 17 Jul, 2026 11:55pm

Govt raises diesel by Rs31.05, petrol by Rs5.44 per litre for July 18-20

New prices come into effect at midnight

Pakistan

PM Shehbaz hails $440mn Pakistan-China pharma deals, says partnership to advance CPEC 2.0

Published 17 Jul, 2026 07:17pm

Pakistan

Govt to review petroleum prices on daily basis, says minister

Updated 17 Jul, 2026 08:36pm

World

US, Iran each attack infrastructure in risky escalation

Published 17 Jul, 2026 06:52pm

Technology

Pakistanis increasingly adopt battery storage as solar market evolves: report

Published 17 Jul, 2026 09:11pm

Business & Finance

Record remittances fail to offset import surge as Pakistan posts $139mn C/A deficit in FY26

Updated 17 Jul, 2026 06:13pm

World

Pakistan, Kuwait discuss expanded defence pact: report

Published 17 Jul, 2026 06:33pm

Business & Finance

Finance minister pushes faster capital market reforms to deepen corporate debt market

Published 17 Jul, 2026 06:46pm

Markets

Selling at bourse, KSE-100 settles 2,300 points lower

Updated 17 Jul, 2026 08:48pm

World

Andy Burnham elected new Labour leader, now set to be UK PM

Published 17 Jul, 2026 06:28pm

Life & Style

Anniqa Meraj crowned Miss World Pakistan 2026, set for Miss World debut

Updated 17 Jul, 2026 08:13pm

Must Read

Markets

Pakistan's top 10 listed companies: FY26 market cap leaders on the PSX

Opinion

Pakistan’s path in the AI age

Editorials

The cost of insecurity

Opinion

Pakistan's real development problem isn't the budget; it’s the mandate

Perspectives

Smoking is still winning. It’s time to rethink the fight

Editorials

Justice beyond procedure

Business & Finance

PIA’s fleet will be expanded to 60 aircraft: Arif Habib

Opinion

Beyond Rs 13 trillion tax collection!

Opinion

Reflections on provincial budgets FY27—IV

BR Research

LSM growth steadies

Editorials

The IMF may have Pakistan’s cycle backwards

Pakistan receives first RoRo vessel carrying over 2,000 EVs

Record remittances fail to offset import surge as Pakistan posts $139mn C/A deficit in FY26

Pakistan's top 10 listed companies: FY26 market cap leaders on the PSX

US strikes in Iran hit airport, bridges and railway station

PIA’s fleet will be expanded to 60 aircraft: Arif Habib

Gold price drops by Rs3,600 per tola in Pakistan

Net-metering regime: Solar generation surges in FY26: Advisor

Iran launches fresh attacks after sixth day of US strikes

Oil rises on renewed US-Iran hostilities and threat of Red Sea closure

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 16	278.17
USD PKR Interbank Buying / Jul 16	278.97
USD to Japanese Yen / Jul 17	162.42
USD to Swiss Franc / Jul 17	0.81
Pound Sterling to USD / Jul 17	1.35
Euro to USD / Jul 17	1.14
SOFR % / Jul 16	3.55

Stock	Volume
S&P 500 / Jul 16	7,533.77
Nasdaq / Jul 16	25,881.95
Dow Jones / Jul 16	52,552.97
India Sensex / Jul 17	77,920.51
Tokyo Nikkei / Jul 17	63,896.48
Hang Seng / Jul 17	24,579.70
FTSE 100 / Jul 17	10,593.72
Germany DAX 30 / Jul 17	24,817.28
France CAC40 / Jul 17	8,343.48

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 16	18,480
Gold 10 Grams PKR / Jul 16	364,399
Crude Oil USD/Barrel / Jul 17	79.10
Gold Spot USD/Ounce / Jul 17	3,989.08
Cotton US¢/pound / Jul 17	78.11
Petrol/Litre / Jul 18	310.71
Diesel/Litre / Jul 18	323.30

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 17 Dadabhoy Cement Industries Limited(DBCI)	17.01 ▲ 1.55 (10.03%)
Maqbool Textile / Jul 17 Maqbool Textile Mills Limited(MQTM)	37.27 ▲ 3.39 (10.01%)
Ruby Textile / Jul 17 Ruby Textile Mills Limited(RUBY)	17.59 ▲ 1.6 (10.01%)
Crescent Cotton / Jul 17 Crescent Cotton Mills Limited(CCM)	53.68 ▲ 4.88 (10%)
National Silk / Jul 17 The National Silk & Rayon Mills Limited(NSRM)	272.21 ▲ 24.75 (10%)

Stock	Price
Tariq Corp. (R) / Jul 17 Tariq Corporation Limited(Right)(TCORPR2)	2.61 ▼ -0.98 (-27.3%)
First Punjab Modaraba / Jul 17 First Punjab Modaraba(FPJM)	11.04 ▼ -1.23 (-10.02%)
Khairpur Sug. / Jul 17 Khairpur Sugar Mills Limited(KPUS)	1,871.47 ▼ -207.94 (-10%)
Service Textile / Jul 17 Service Industries Textiles Limited(SERT)	62.27 ▼ -6.92 (-10%)
S.G.Power / Jul 17 S.G. Power Limited(SGPL)	97.59 ▼ -10.84 (-10%)

Stock	Volume
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	85,782,795 ▲ 0.17
TPL Properties / Jul 17 TPL Properties Limited(TPLP)	62,049,582 ▼ -0.58
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	38,330,537 ▲ 2.9
WorldCall Telecom / Jul 17 Worldcall Telecom Limited(WTL)	21,918,262 ▼ -0.03
K-Electric Ltd. / Jul 17 K-Electric Limited(KEL)	18,198,734 ▼ -0.26

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 16	278.17
USD PKR Interbank Buying / Jul 16	278.97
USD to Japanese Yen / Jul 17	162.42
USD to Swiss Franc / Jul 17	0.81
Pound Sterling to USD / Jul 17	1.35
Euro to USD / Jul 17	1.14
SOFR % / Jul 16	3.55

Stock	Volume
S&P 500 / Jul 16	7,533.77
Nasdaq / Jul 16	25,881.95
Dow Jones / Jul 16	52,552.97
India Sensex / Jul 17	77,920.51
Tokyo Nikkei / Jul 17	63,896.48
Hang Seng / Jul 17	24,579.70
FTSE 100 / Jul 17	10,593.72
Germany DAX 30 / Jul 17	24,817.28
France CAC40 / Jul 17	8,343.48

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 16	18,480
Gold 10 Grams PKR / Jul 16	364,399
Crude Oil USD/Barrel / Jul 17	79.10
Gold Spot USD/Ounce / Jul 17	3,989.08
Cotton US¢/pound / Jul 17	78.11
Petrol/Litre / Jul 18	310.71
Diesel/Litre / Jul 18	323.30

Pakistan receives first RoRo vessel carrying over 2,000 EVs

Record remittances fail to offset import surge as Pakistan posts $139mn C/A deficit in FY26

Pakistan's top 10 listed companies: FY26 market cap leaders on the PSX

US strikes in Iran hit airport, bridges and railway station

PIA’s fleet will be expanded to 60 aircraft: Arif Habib

Gold price drops by Rs3,600 per tola in Pakistan

Net-metering regime: Solar generation surges in FY26: Advisor

Iran launches fresh attacks after sixth day of US strikes

Oil rises on renewed US-Iran hostilities and threat of Red Sea closure

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Business & Finance

Govt raises diesel by Rs31.05, petrol by Rs5.44 per litre for July 18-20

New prices come into effect at midnight

Published 17 Jul, 2026 11:55pm

BR Research

LSM growth steadies

The composition of LSM growth continues to evolve. Automobiles remain the largest contributor on a cumulative basis,...

Updated 17 Jul, 2026 08:03am

Pakistanis increasingly adopt battery storage as solar market evolves: report

Nearly 60% of total battery imports recorded so far arrived during 2025 alone

Published 17 Jul, 2026 09:11pm

PM Shehbaz hails $440mn Pakistan-China pharma deals, says partnership to advance CPEC 2.0

Security of Chinese nationals working in Pakistan remains govt's top priority, premier says

Published 17 Jul, 2026 07:17pm

BR Research

Pakistan Cables Limited

Pakistan Cables Limited (PSX: PCAL) was incorporated in Pakistan as a private limited company in 1953 and was...

Updated 17 Jul, 2026 08:08am

Commodities

Gold price drops by Rs3,600 per tola in Pakistan

International rate of gold declines by $36

Published 17 Jul, 2026 04:38pm

Exchange

Pakistani rupee records gain against US dollar

Settles at 277.96

Updated 17 Jul, 2026 08:41pm

PM directs performance reviews to prioritize ease of doing business reforms

Prime Minister Shehbaz Sharif directed on Friday that the performance evaluation of officers of relevant... Published 17 Jul, 2026 04:01pm

Money & Banking

Record remittances fail to offset import surge as Pakistan posts $139mn C/A deficit in FY26

Pakistan's external account was pushed into negative due to high imports, while exports remained stagnant in FY26

Updated 17 Jul, 2026 06:13pm

Commodities

Pakistan seeks more Qatar LNG cargoes amid Strait of Hormuz disruptions: report

As the ongoing US-Iran conflict continues to disrupt energy shipments through the Strait of Hormuz, Pakistan plans... Published 17 Jul, 2026 11:20am

BR Research

Small businesses cannot outwork bad governance

Pakistan’s economic debate remains built around a comforting succession of single-variable explanations. If credit...

Updated 16 Jul, 2026 07:07am

BR Research

Merit Packaging Limited: performance and outlook

Merit Packaging Limited (PSX: MERIT) was incorporated in Pakistan as a public limited company in 1980. The principal...

Updated 16 Jul, 2026 07:14am

BR Research

Ghandhara Tyre & Rubber Company Limited: performance and outlook

Ghandhara Tyre & Rubber Company limited (PSX: GTYR) was incorporated in Pakistan as a private limited company in...

Updated 15 Jul, 2026 01:04pm

BR Research

Hormuz uncertainty clouds recovery

The Strait of Hormuz is technically open, but ship traffic is sparse. Hence, it is effectively closed. The recent...

Published 15 Jul, 2026 02:14am

Pakistan

Video

Govt to review petroleum prices on daily basis, says minister

Ali Pervaiz Malik says diesel rate has seen massive hike in global market amid renewed Middle East tensions

Updated 17 Jul, 2026 08:36pm

PM Shehbaz hails $440mn Pakistan-China pharma deals, says partnership to advance CPEC 2.0

Security of Chinese nationals working in Pakistan remains govt's top priority, premier says

Published 17 Jul, 2026 07:17pm

Middle East

Pakistan, Kuwait discuss expanded defence pact: report

Talks remain at early stage

Published 17 Jul, 2026 06:33pm

Security forces kill 24 terrorists in Bannu operations: ISPR

Operations continue as security forces target terrorists in Bannu region

Published 17 Jul, 2026 01:53pm

PMD predicts nationwide rain, windstorms as strong monsoon currents penetrate Pakistan

Warns of urban flooding, landslides amid heavy monsoon spell

Published 17 Jul, 2026 12:38pm

Pakistan, China agree to enhance collaboration in trade, investment, other fields

Underscore importance of advancing high-quality development under CPEC 2.0

Published 17 Jul, 2026 12:17pm

World

UN chief condemns attacks on civilian sites in Iran-US war

The Secretary General remains deeply concerned by the continuing military escalation between Iran and the United States of America

Published 17 Jul, 2026 11:23pm

Middle East

US, Iran each attack infrastructure in risky escalation

US strikes bridges, airport in Iran; Tehran responds by hitting power, desalination plant in Kuwait

Published 17 Jul, 2026 06:52pm

South Asia

India joins select group of nations operating hydrogen-powered trains

They produce only heat and water vapour as by-products, a cleaner alternative to traditional diesel locomotives

Published 17 Jul, 2026 07:25pm

Andy Burnham elected new Labour leader, now set to be UK PM

Promises to spread power away from Westminster

Published 17 Jul, 2026 06:28pm

Middle East

Iran launches fresh attacks after sixth day of US strikes

Tehran resumed its blockade of the strait and Washington again blockaded Iranian ports from Wednesday

Published 17 Jul, 2026 10:45am

Editorials

The cost of insecurity

EDITORIAL: Investment follows confidence. It seeks stability, predictability and the reasonable expectation that...

Justice beyond procedure

EDITORIAL: The Supreme Court’s reminder that procedural law exists “to give voice to human suffering, not to silence...

The IMF may have Pakistan’s cycle backwards

EDITORIAL: The International Monetary Fund (IMF) has projected Pakistan’s economy to grow by 3.5 percent in FY27,...

An avoidable drug crisis

EDITORIAL: Pakistan’s healthcare debate has long been dominated by one question: how to keep medicines affordable?...

Culture of privilege in an Islamic republic

EDITORIAL:The Senate committee’s approval of a bill seeking to extend blue passports to the dependent children of...

Opinion

Pakistan’s path in the AI age

Dr Danish Hussain

AI educationist and scientist Andrew Ng has rightly dubbed artificial intelligence (AI) as “the new electricity”....

Pakistan's real development problem isn't the budget; it’s the mandate

Ifrah Maskan

Pakistan’s federal development budget does not suffer from a shortage of money. It suffers from a crisis of purpose....

Beyond Rs 13 trillion tax collection!

Huzaima Bukhari Dr Ikramul Haq Abdul Rauf Shakoori

Every year, immediately after the close of the fiscal year, the nation is presented with a familiar narrative. The...

Reflections on provincial budgets FY27—IV

Dr Omer Javed

Moreover, in the case of Balochistan the direction of taxes also needs to be shifted away from indirect taxes over...

Perspectives

Smoking is still winning. It’s time to rethink the fight

Soha Usman

Smoking claims estimated 163,500 lives every year in Pakistan

Her appearance in Vietnam will mark country's first-ever representation at Miss World pageant

Updated 17 Jul, 2026 08:13pm

Life & Style

Danny Boyle's Rupert Murdoch drama to open 2026 Venice Film Festival

Manjot Kalra is arrested at a hotel in the capital, Colombo, as he is allegedly "about to pay" a player 9.5 million rupees (US$28,700)

Published 17 Jul, 2026 08:05pm

Sports

Liverpool midfielder Szoboszlai signs new contract

ICC says sanction can be reduced to one month upon successful completion of rehabilitation programme

Published 17 Jul, 2026 04:26pm

Sports

World Cup trophy to arrive in style in bespoke Louis Vuitton trunk

Published 17 Jul, 2026 01:27pm

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