PSX holds gains in choppy trade

KARACHI: The Pakistan Stock Exchange (PSX) opened the week on a strong footing, where the benchmark KSE-100 index surged in early trading. Investor sentiment was buoyed by expectations of a potential peace agreement between the US and Iran. Optimism around stable global oil prices further supported broad-based buying across the market. At 9:34 am, the…

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‘Cleaner window’: ILT20 CEO David White explains why they shifted to November-December period for Season 5 | Cricket News

File photo of ILT20 CEO David White. (Image: Creimas) The International League T20 (ILT20) is doubling down on its scheduling strategy ahead of Season 5, with CEO David White explaining the rationale behind an even earlier window for the UAE-based league in November–December 2026.Reflecting on the previous edition, White pointed to a key shift that…

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SBP injects over Rs4.6tr via OMOs

KARACHI: The State Bank of Pakistan (SBP) on Monday injected more than Rs4.6 trillion into the banking system through conventional and Shariah-compliant open market operations (OMOs). The central bank conducted reverse repo purchase operations with tenors of two and four days, accepting a total of Rs4.388 trillion against offers of Rs4.865 trillion. The injection was…

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IPL 2026: What’s gone wrong for LSG? Pant’s form, captaincy calls, and batting woes derail campaign | Cricket News

Lucknow Super Giants captain Rishabh Pant, center, with teammates. (PTI Photo) NEW DELHI: Nothing seems to be going right for Lucknow Super Giants in the IPL 2026 season. With six consecutive defeats, the franchise remains rooted to the bottom of the points table, and their playoff hopes are hanging by the thinnest of threads.After nine…

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Cement despatches rise 11.14% in April

LAHORE: Total cement despatches increased by 11.14% in April 2026, rising to 3.890 million tonnes from 3.500 million tonnes in the same month last year, according to data released by the All Pakistan Cement Manufacturers Association (APCMA) on Monday. Local despatches by the industry during April 2026 were 3.217 million tonnes, compared with 2.677 million…

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