Bullish sentiment lifts KSE-100 Index to 170,896.59 as volume crosses 115 million shares PSX witnessed a strong trend-reversal session as the KSE-100 Index surged 1,836 points (+1.01%) to close at 184,175. Photo: Express KARACHI: The Pakistan Stock Exchange (PSX) displayed strong rebounding momentum during Thursday’s mid-day trading session on June 4, with the benchmark KSE-100…
World Bank stresses progress on child malnutrition, stunting and quality healthcare Pakistan Finance Minister Muhammad Aurangzeb speaks during an interview at the International Monetary Fund and World Bank Group’s annual spring meetings in Washington DC, US, April 13, 2026, PHOTO: REUTERS ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has said that following…
A photo of a gold bar with a US dollar behind it. PHOTO: ANADOLU AGENCY KARACHI: Gold prices in Pakistan declined sharply on Wednesday, tracking losses in the international market, where bullion came under pressure amid expectations that war-driven inflation could keep interest rates elevated, while investors monitored escalating geopolitical developments in the Middle East…
KARACHI: Pakistan’s merchandise trade deficit narrowed by 39.46% month-on-month in May 2026, driven by a sharp decline in imports and a rise in exports, according to data released by the Pakistan Bureau of Statistics. The trade deficit stood at Rs721.6 billion in May 2026, compared with Rs1.19 trillion in April 2026. This represents an improvement…
KARACHI: Pakistan’s stocks extended their losing streak on Wednesday as investors resorted to profit-taking amid a lack of positive triggers and lingering concerns over geopolitical tensions in the Middle East, dragging the benchmark KSE-100 index down by more than 830 points. “Another day was lost to geopolitical uncertainty,” said Ali Najib, Deputy Head of Trading…
Govt, PPP unanimously agree on date after Dar, Aurangzeb hold pre-budget talks with the coalition partner Deputy Prime Minister Ishaq Dar and Finance Minister Muhammad Aurangzeb hold talks with senior PPP leaders on budget proposals and fiscal priorities ahead of the federal budget. Photo: PID The government and its coalition partner, the Pakistan Peoples Party…
Focus increasingly shifting towards improving social, human development outcomes in meeting with World Bank: Aurangzeb Finance Minister Muhammad Aurangzeb and World Bank delegation discuss human capital development, skills, health outcomes and technology-led service delivery in Islamabad. PHOTO: X Finance Minister Muhammad Aurangzeb on Wednesday said improving employability, particularly among young people, would remain central to…
Exports decline 36%, local sales drop 17% while north-based mills see 22% fall in total despatches LAHORE: Cement despatches for May 2026 declined 21.02% to 3.837 million tonnes from 4.858 million tonnes during the same month last fiscal year, according to data released by the All Pakistan Cement Manufacturers Association (APCMA). Local despatches fell 17.17%…
LAHORE: The focus of Pakistan-China cooperation has evolved from infrastructure development to industrialisation, technological advancement, green energy, and sustainable economic growth, said Adeel Munawar, Commercial Ambassador of the Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI). In a statement, he emphasised that while the first phase of CPEC successfully addressed critical infrastructure and energy challenges,…
KARACHI: Pakistan Stock Exchange (PSX) on Tuesday staged a thin recovery in a session marked by both investor concern and confidence, with the market demonstrating remarkable resilience after Monday’s sharp sell-off. The benchmark KSE-100 index successfully absorbed early selling pressure and reversed the momentum. Rather than extending the previous day’s downturn, value hunters viewed the…