ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has approved ten Initial Public Offerings (IPOs) for listing on the Pakistan Stock Exchange (PSX) during the first half of 2026, according to a statement issued on Monday. Nine companies have already completed their IPOs, raising more than Rs20 billion through public offerings. Book building for…
KARACHI: Gold prices on Tuesday declined in both the international and local bullion markets, while silver prices registered an increase. In the international bullion market, the price of gold fell by $41 per ounce to $4,024. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), in the local market, the price of gold per tola…
Says SC must compel Israel to quickly cease all settlement, which constitute flagrant violation of international law Pakistan urges UNSC to press Israel on settlements in occupied Palestinian territory Pakistan’s Permanent Representative to the United Nations, Ambassador Asim Iftikhar Ahmad, called for an end to the Israeli occupation of the Occupied Palestinian Territories (OPT), saying…
Heavyweight stocks advance across banking, cement, automobiles and energy sectors, pushing the KSE-100 index higher Pakistan equities traded firmly higher on Tuesday, with broad-based buying across heavyweight sectors pushing the benchmark KSE-100 index up by more than 1,200 points in intraday trade, extending the market’s positive momentum. At 1:24pm, the benchmark index stood at 179,488.55,…
Currency weakens to level last seen in 1986, while risk of intervention limits further losses The Japanese yen on Monday weakened to a nearly 39-year low against the United States dollar, pressured by expectations that US interest rates could remain elevated, while investors remained cautious over possible intervention by Japanese authorities. The dollar briefly rose…
Warns that ‘any attempt to divert or stop Pakistan’s water will be met decisively’ Information Minister Attaullah Tarar addressing the inaugural session of an international seminar titled The Indus Waters Treaty: A Key Instrument for Peace and Regional Stability held at the Jinnah Convention Centre in Islamabad. SCREENGRAB Information Minister Attaullah Tarar on Tuesday said Pakistan’s…
KARACHI: Trading remained subdued at the Pakistan Stock Exchange (PSX) on Monday as investors were wary of building fresh positions amid persistent geopolitical uncertainty and mixed global market cues. By the close of trading, the KSE-100 index lost more than 1,150 points. Keeping in view the choppy Asian markets, where optimism over artificial intelligence-driven growth…
Last Friday, pilot was killed, and 13 were wounded after small plane crashed into one of Beijing’s tallest skyscrapers China restricted private aviation operators from flying light fixed-wing aircraft after a small plane crashed into one of the tallest buildings in Beijing last week, the United Kingdom-based Financial Times reported on Monday. The pilot was…
RAWALPINDI: Pakistan Railways achieved a record revenue of Rs115 billion, the highest in its 178-year history, Railways Minister Hanif Abbasi revealed on Monday, while formally declaring that all railway schools and hospitals would be outsourced as part of the organisation’s privatisation process. Speaking to the media after inaugurating newly-constructed running rooms for guards and locomotive…
Brent August crude futures, which expire on Tuesday, are down 0.9%, or 64 cents, at $72.51 a barrel Oil prices dipped on Tuesday and were poised for a monthly decline, with investors eyeing potential US-Iran talks in Doha amid a strained interim ceasefire in the four-month-old war. Brent August crude futures, which expire on Tuesday,…