Home - Business Recorder

Published 17 May, 2026 05:08am

CVT on foreign assets may go: Rs400-500bn tax measures cleared after IMF nod

ISLAMABAD: After approval of the International Monetary Fund (IMF), the federal government has approved new tax...

Cost overruns: Another USD300m sought from World Bank for ‘T4HP’

Published 17 May, 2026 05:08am

Business & Human Rights: Implementation of first National Action Plan under way: PM

Updated 17 May, 2026 06:15am

Diplomacy towards Chinese investment: ‘Islamabad pursuing B2B model to convert USD13bn project pipeline into JVs’

Published 17 May, 2026 05:08am

Naqvi arrives in Tehran: Pakistan takes fresh initiative to facilitate peace talks

Updated 17 May, 2026 07:56am

Peace engagement: Congressman Bergman appreciates Pak leadership

Published 17 May, 2026 05:08am

Business & Finance

MYT 2016-23: KE’s EoT adjustment claims draw serious concerns

Published 17 May, 2026 05:08am

Printed retail price: Aurangzeb urged to extend Third Schedule coverage to grocery items

Published 17 May, 2026 05:08am

‘Stop-gap’ arrangements in govt depts must not prolong: SC

Published 17 May, 2026 05:08am

Pakistan

Int’l Nakba Day: President reaffirms unwavering solidarity with Palestinian people

Updated 17 May, 2026 06:24am

LHC explains significance of succession certificate

Published 17 May, 2026 05:08am

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Reduction in CD flow: IMF cuts power subsidy volume to 0.6pc of GDP

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Budget FY27: Kayani hints at tax relief for salaried class

Trump says made ‘fantastic trade deals’ with Xi

A Rs55bn exit built on a Rs650bn fiscal cost and a staged corporate takeover

IMF sets 11 new conditions, including parliamentary approval of FY2027 Budget

Thandiani’s 400 kanals set to rewrite Pakistan’s tourism landscape

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1D 5D 3M 6M 1Y

Currency	Rate
USD PKR Interbank Selling / May 15	278.81
USD PKR Interbank Buying / May 15	278.61
USD to Japanese Yen / May 15	158.74
USD to Swiss Franc / May 15	0.79
Pound Sterling to USD / May 15	1.33
Euro to USD / May 15	1.16
SOFR % / May 16	3.60

Stock	Volume
S&P 500 / May 15	7,408.50
India Sensex / May 15	75,237.99
Tokyo Nikkei / May 15	61,409.29
Nasdaq / May 15	26,225.14
Hang Seng / May 15	25,962.73
FTSE 100 / May 15	10,195.37
Dow Jones / May 15	49,526.17
Germany DAX 30 / May 15	23,950.57
France CAC40 / May 15	7,952.55

Item	Value
Crude Oil USD/Barrel / May 15	105.42
Gold 10 Grams PKR / May 15	408,832
Gold Spot USD/Ounce / May 15	4,540.08
Cotton US¢/pound / May 15	80.61
Petrol/Litre / May 17	409.78
Diesel/Litre / May 17	409.58

Stock	Price
Hira Textile / May 15 Hira Textile Mills Limited(HIRAT)	10.19 ▲ 1 (10.88%)
Cres.Star Ins. / May 15 Crescent Star Insurance Limited(CSIL)	6.38 ▲ 0.59 (10.19%)
Metro Steel / May 15 Metropolitan Steel Corporation Limited(MSCL)	33.63 ▲ 3.06 (10.01%)
Nets Internat.Comm. / May 15 Nets International Communication Limited(GEMNETS)	21 ▲ 1.91 (10.01%)
Gadoon Textile / May 15 Gadoon Textile Mills Limited(GADT)	357.30 ▲ 32.48 (10%)

Stock	Price
S.G.Power / May 15 S.G. Power Limited(SGPL)	61.17 ▼ -6.8 (-10%)
Aisha Steel (CPS) / May 15 Aisha Steel Mills Limited (CPS)(ASLCPS)	61.98 ▼ -6.85 (-9.95%)
Tri-Star Mutual / May 15 Tri-Star Mutual Fund Limited(TSMF)	16.93 ▼ -1.87 (-9.95%)
Tariq Corp.Pref. / May 15 Tariq Corporation Limited-Preference Shares(TCORPCPS)	12.40 ▼ -1.36 (-9.88%)
Asia Ins. / May 15 Asia Insurance Company Limited(ASIC)	30.56 ▼ -3.31 (-9.77%)

Stock	Volume
Hascol Petrol / May 15 Hascol Petroleum Limited(HASCOL)	86,253,710 ▲ 1.38
K-Electric Ltd. / May 15 K-Electric Limited(KEL)	78,244,579 ▲ 0
Cnergyico PK / May 15 Cnergyico PK Limited(CNERGY)	46,442,244 ▲ 0.03
B.O.Punjab / May 15 The Bank of Punjab(BOP)	36,512,598 ▲ 0.34
Cres.Star Ins. / May 15 Crescent Star Insurance Limited(CSIL)	29,839,934 ▲ 0.59

Currency	Rate
USD PKR Interbank Selling / May 15	278.81
USD PKR Interbank Buying / May 15	278.61
USD to Japanese Yen / May 15	158.74
USD to Swiss Franc / May 15	0.79
Pound Sterling to USD / May 15	1.33
Euro to USD / May 15	1.16
SOFR % / May 16	3.60

Stock	Volume
S&P 500 / May 15	7,408.50
India Sensex / May 15	75,237.99
Tokyo Nikkei / May 15	61,409.29
Nasdaq / May 15	26,225.14
Hang Seng / May 15	25,962.73
FTSE 100 / May 15	10,195.37
Dow Jones / May 15	49,526.17
Germany DAX 30 / May 15	23,950.57
France CAC40 / May 15	7,952.55

Item	Value
Crude Oil USD/Barrel / May 15	105.42
Gold 10 Grams PKR / May 15	408,832
Gold Spot USD/Ounce / May 15	4,540.08
Cotton US¢/pound / May 15	80.61
Petrol/Litre / May 17	409.78
Diesel/Litre / May 17	409.58

Most Popular

Reduction in CD flow: IMF cuts power subsidy volume to 0.6pc of GDP

EOBI pensioners

Budget FY27: Kayani hints at tax relief for salaried class

Trump says made ‘fantastic trade deals’ with Xi

A Rs55bn exit built on a Rs650bn fiscal cost and a staged corporate takeover

IMF sets 11 new conditions, including parliamentary approval of FY2027 Budget

Thandiani’s 400 kanals set to rewrite Pakistan’s tourism landscape

Nepra approves tariff for electricity import from Iran

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Business & Finance

2026-05-17-02-32

MYT 2016-23: KE’s EoT adjustment claims draw serious concerns

ISLAMABAD: Serious concerns have been raised over K-Electric’s End of Term (EoT) adjustment claims under the... Published 17 May, 2026 05:08am

BR Research

Power tariffs: Industrial consumption revival brings respite

Pakistan’s power sector is set to record its largest ever negative quarterly adjustment in 3QFY26, driven by an...

Published 15 May, 2026 06:43am

South Asia

India curbs certain silver imports with immediate effect

MUMBAI: India has curbed imports of certain silver products with immediate effect, shifting them from the “free” to... Published 17 May, 2026 05:08am

South Asia

Sri Lanka raises tax on imported cars as ME crisis bites

COLOMBO: Sri Lanka slapped a 50 percent surcharge on customs duties on vehicles Saturday in a bid to discourage... Published 17 May, 2026 05:08am

BR Research

Wheat market: warehousing the wrong problem

Pakistan’s wheat market is being asked to perform a neat trick: absorb the state’s retreat from procurement,...

Updated 15 May, 2026 07:26am

2026-05-17-12-59

Govt moves to merge BoI into SIFC

ISLAMABAD: The federal government has decided to merge the Board of Investment into the Special Investment... Published 17 May, 2026 05:08am

Industry

Jewellers association proposes ‘special tax scheme’ for 2026

KARACHI: The All Pakistan Sarrafa Gems and Jewellers Association has proposed a dedicated tax framework for the... Published 17 May, 2026 05:08am

Energy

US natural gas futures climb as output drops

NEW YORK: US natural gas futures climbed along with oil prices, gaining about 3percent to a seven-week high on... Published 17 May, 2026 05:08am

2026-05-17-01-37

There’s no plan to impose new taxes in Punjab: minister

LAHORE: Punjab Finance Minister Mian Mujtaba Shuja-ur-Rehman has said that the Punjab government is not considering... Published 17 May, 2026 05:08am

2026-05-17-12-59

Chinese firms urged to set up agri machinery plants in Punjab

LAHORE: Punjab Minister for Agriculture and Livestock Syed Ashiq Hussain Kirmani on Saturday invited Chinese... Published 17 May, 2026 05:08am

BR Research

Pakistan Synthetics Limited

Pakistan Synthetics Limited (PSX: PSYL) was incorporated in Pakistan as a private limited company in 1984 and was...

Updated 15 May, 2026 08:14am

BR Research

Deficit down — fault lines remain

The overall fiscal position continues to improve. The government posted an overall budget deficit of 0.7 percent of...

Published 14 May, 2026 05:59am

BR Research

E&P Sector: Earnings dip, recovery builds

Pakistan’s listed E&P sector delivered a mixed 9MFY26 performance, with stronger quarterly momentum in 3QFY26...

Updated 14 May, 2026 07:58am

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'I feel the guilt every day, and also I never get bored of it,' Huller tells

Published 16 May, 2026 12:01pm

Life & Style

'Beyond the Oscar': Travolta gets surprise Cannes prize

Hasan Ali lands awkwardly while attempting a return catch in the eighth over, diving to his right off Tanzid Hasan Tamim’s shot

Published 16 May, 2026 01:30pm

Sports

Litton's rearguard ton propels Bangladesh to 278 in Pakistan Test

This is set to be the last dance for Messi and Ronaldo, who are poised to become the first players to appear in six different World Cups

Published 16 May, 2026 11:27am

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Kohli to play 2027 World Cup only if he can add value

Published 16 May, 2026 10:58am

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Liverpool's Gomez rues 'frustrating' Villa defeat amid tight Champions League race

Published 16 May, 2026 11:07am