Business - DAWN.COM

E-Paper | July 13, 2026

Oil jumps 4pc as new strikes by US, Iran threaten Hormuz shipments

Brent crude futures climbs to $79.11 while US WTI crude rises to $74.36 a barrel.

Published 13 Jul, 2026 12:00pm

PSX Highlights of the Day

Company	Price	Change	Change %	Volume
FPJM	10.24	1	10.82 ▲	2,547,063
DBCINC	10.55	1	10.47 ▲	1,580,564
TSBL	2.02	0.19	10.38 ▲	38,321,177
JATM	38.01	3.46	10.01 ▲	73,243
SERT	57.71	5.25	10.01 ▲	148,274

Company	Price	Change	Change %	Volume
TCORPR2	4.79	-0.81	-14.46 ▼	428,783
DFSM	21.56	-2.4	-10.02 ▼	13,805,065
PINL	12.59	-1.4	-10.01 ▼	4,986,793
ANTM	59.51	-6.61	-10.00 ▼	49,650
FSWLNC	229.11	-25.46	-10.00 ▼	38,291

Source: PSX | Updated Jul 10, 2026

PSX opens week in the red, plummets 2,000 points during intraday trade

Decline comes as oil prices surge more than 4pc after renewed fighting between US and Iran.

Updated 13 Jul, 2026 10:54am

Stakeholders blamed for Tarbela-5 cofferdam collapse

Inquiry body holds Wapda, contractor, consultant responsible as project cost rises from Rs82bn to Rs317bn.

Published 13 Jul, 2026 06:58am

Branded Content

Etihad Town opens a new chapter with the launch of Phase – IV

Etihad Town Phase - IV marks the developer's ninth project across Pakistan and fifth development in Lahore, further strengthening its presence in the country's real estate landscape.

Resecurity, HNL sign MoU to strengthen Pakistan's critical infrastructure against cyber threats

The strategic partnership will enhance cyber resilience and safeguard Pakistan's critical infrastructure from evolving digital threats.

Saudi introduces ‘Package Visa' integrating travel booking with Easier Visa Application

A fully digital initiative connecting visa application directly to travel bookings, making it easier to visit Saudi than ever before.

Interprovincial water discord and Irsa

Delay in ongoing works at Tarbela Dam has disrupted water releases, leading provinces to trade blame over distribution.

Updated 13 Jul, 2026 07:28am

Mango crops cause losses for farmers due to reduction in exports, climate change

Against the background of the challenges, B- and C-grade mangoes account for a much larger share of this year’s crop than premium A-grade fruit.

Published 13 Jul, 2026 07:55am

Are rising remittances strengthening Pakistan’s economy or masking its structural weaknesses?

Budget FY27 targets higher taxes, but not the export-led growth Pakistan needs.

Published 13 Jul, 2026 07:55am

Tax reforms urged to push investment in Balochistan

The company is still subject to a federal tax burden of up to 42 per cent, defeating the purpose of the incentive scheme.

Published 13 Jul, 2026 06:58am

LPG importers association warns of serious gas shortage in next few days, seeks 'sustainable' pricing framework

Says several importers have already reduced or suspended their operations as price notified by Ogra does not "accurately reflect the actual landed cost of imported LPG".

Published 12 Jul, 2026 10:38pm

Iraqi prime minister to visit Washington on Monday; oil and gas deals expected

Spokesman says strengthening Iraq’s armed forces would also be among the issues discussed.

Published 12 Jul, 2026 05:13pm

An emboldened India holds out for better terms in US trade talks

Indian trade minister has said the US deal will not be implemented unless an advantage is ensured, indicating New Delhi's hardened position and lack of urgency despite the risk of higher US tariffs.

Published 13 Jul, 2026 12:17pm