Overall market participation was strong, as 1,066 million shares were traded with a total value of Rs. 49 billion. KEL led the volume chart, with 195.8 million shares..Photo: Express KARACHI: The Pakistan Stock Exchange (PSX) closed slightly higher on Tuesday, supported mainly by strength in the banking sector, though the trading session remained highly volatile….
Warns countries supplying military weapons to Iran of immediate 50% tariffs with no exemptions United States President Donald Trump said in a post on Truth Social on Wednesday that the US will work closely with Iran, following the announcement of a two-week ceasefire brokered by Pakistan. “The United States will work closely with Iran, which…
RAWALPINDI: Rawalpindi district administration on Wednesday rejected Pakistan Tehreek-e-Insaf (PTI)’s request for a no-objection certificate to hold a rally at Liaquat Bagh on April 9. PTI demanded permission as Khyber-Pakhtunkhwa Chief Minister Sohail Afridi announced a protest, the date the party was removed from power four years ago, after a no-confidence motion. Following the announcement by PTI, a day…
Prime Minister Shehbaz Sharif. Photo: File ISLAMABAD: The Prime Minister’s Office has issued fresh instructions to finalise currency swap agreements with the European Union (EU), Russia and Iran, in a move that can lessen dollar dependency and integrate trade with regional economies. The agenda of currency swap agreements has been made part of the Ministry…
From viral memes to political ballads, Pakistan’s ceasefire proposal turns global diplomacy into internet gold A tense international standoff quickly became internet comedy gold as the hashtag #PakGlobalPeaceMaker started trending on X. Timelines exploded with memes casting Pakistan as the world’s unofficial referee, stepping in to fix global tensions like it was just another Wednesday. Behind…
Chinese foreign ministry says both sides also agree not to take actions that could escalate, complicate the situation Chinese Foreign Ministry spokesperson Mao Ning gestures during a press conference at the Ministry of Foreign Affairs in Beijing, on May 24, 2023. PHOTO: CHINESE FORIEGN MINISTRY China’s foreign ministry said on Wednesday that Afghanistan and Pakistan…
Calls for fiscal discipline, currency stability as devolution of agriculture, industry fails to deliver Within 60 days of the approval of FRDL (Amendment) Act 2021, the federal government will establish an office to be called debt management office. photo: file LAHORE: The Pakistan Business Forum (PBF) has written to leading political figures, including Nawaz Sharif,…
From equity conversations to on-the-spot hiring, fair redefined how students connect with Pakistan’s startup ecosystem Students gather at the Founders’ Fair at NIC, Islamabad. PHOTO: NIC Islamabad’s National Incubation Centre (NIC) hosted a Founder’s Fair from April 6 to 8, allowing for a curated, high-energy networking expo that bridges the gap between high-growth startups and top…
Leaders discuss start of formal negotiations under Pakistan-facilitated framework and reopening of Strait of Hormuz PM Shehbaz (right) holds talks with Iranian President Masoud Pezeshkian (left) on US-Iran ceasefire Prime Minister Shehbaz Sharif congratulated Iranian President Masoud Pezeshkian on Wednesday on the ceasefire between Iran and the United States during a telephonic conversation, the Prime Minister’s Office said…
US crude falls 15% to $96.31, Brent down 13% to $94.71 after market reacts to US-Iran ceasefire news Oil prices slid, stocks and bonds surged, while the safe-haven dollar was knocked back on Wednesday, as a two-week Middle East ceasefire brought some relief to markets on hopes for a resumption of oil and gas flows…