KSE-100 plunges below 170,000-mark as bears maintain control of PSX – Business
The Pakistan Stock Exchange (PSX)’s benchmark index KSE-100 continued its bearish momentum, diving over 2,700 points during intraday trade on Thursday. KSE-100 declined by 2,751.06 points or 1.60 per cent to stand at 168,828.24 from the previous close of 171,579.30 points. Developments in the Middle East following a stalemate over holding a second round of […]
Pakistan seeks three spot LNG cargoes in first tender since Dec 2023 – Business
Pakistan LNG Limited has issued its first spot tender for liquefied natural gas (LNG) since December 2023 amid supply shortfalls triggered by the US-Israeli war against Iran. The company is seeking bids from international suppliers for three LNG cargoes of around 140,000 cubic metres each for delivery on April 27-30, and on May 1-7 and […]
Gold prices in Pakistan Today
Gold prices extended their decline on Thursday in Pakistan as the price of gold per tola dropped by Rs5,200 after the international market saw a dip of $52 per ounce to $4,714. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), in the local market, the price of gold per tola after the drop […]
PSX gains over 900 points amid geopolitical uncertainty – Business
The Pakistan Stock Exchange (PSX)’s benchmark index KSE-100 gained over 959.09 points on Tuesday amid geopolitical uncertainty. KSE-100 gained 959.09 points or 0.56 per cent to close at 173,155.79 from the previous close of 172,196.70 points. The KSE-100 rose to an intraday high of 175,298.11 at around 10:27am, then declined to an intraday low of […]
Govt actively pursuing diversified capital markets strategy, finmin tells EU envoy – Business
Finance Minister Muhammad Aurangzeb on Tuesday said the government was actively pursuing a diversified capital markets strategy, aimed at strengthening external buffers and ensuring sustainable financing. He made the remarks during a meeting with European Union (EU) Ambassador to Pakistan Raimundas Karoblis, the finance ministry said in a post on the social media platform X. […]
PSX stages recovery, gains over 2,000 points during intraday trade – Business
The Pakistan Stock Exchange (PSX)’s benchmark index KSE-100 gained over 2,000 points during intraday trade on Tuesday, marking a recovery from yesterday’s losses. KSE-100 gained 2,161.14 points or 1.26 per cent to stand at 174,357.84 at 11:54am from the previous close of 172,196.70 points. Trading began on a positive note, with the index gaining as […]
Govt mulls relief for salaried class, says minister Bilal Azhar Kiani – Business
KARACHI: State Minister for Finance Bilal Azhar Kiani has said that proposals for relief to the salaried class and measures to broaden the tax base by bringing retail and wholesale sectors into the tax net would be considered in the upcoming budget formulation process. He said the government values constructive input from chambers of commerce […]
Pakistan engages IFC for investors in installation of 10m smart meters across all Discos – Business
ISLAMABAD: Pakistan on Monday engaged the International Finance Corporation (IFC) of the World Bank as transaction adviser for inducting private investors in the installation of 10 million smart meters across all electricity distribution companies (Discos). The Ministry of Energy (Power Division) had announced a large-scale rollout of smart meters across Discos in October 2025. On […]
Pakistan engages IFC for investors in installation of 10m smart meters across Discos – Business
ISLAMABAD: Pakistan on Monday engaged the International Finance Corporation (IFC) of the World Bank as transaction adviser for inducting private investors in the installation of 10 million smart meters across all electricity distribution companies (Discos). The Ministry of Energy (Power Division) had announced a large-scale rollout of smart meters across Discos in October 2025. On […]
The economy amid the US-Iran war – Business
April 2026 will be a tough month for Pakistan’s balance of payments. Pakistan has been asked to repay its total debt of $3.5 billion to the United Arab Emirates (UAE), including a $450 million 30-year-old loan. This, along with a $1.3bn Eurobond maturing on April 8, 2026, has brought the debt repayment needs so far […]