PSX sheds over 300 points in midday trade

KARACHI: The Pakistan Stock Exchange (PSX) traded in a volatile range on Monday, with the benchmark KSE-100 Index surrendering early gains as investor sentiment remained cautious amid uncertainty surrounding the fragile United States-Iran ceasefire and rising global oil prices. As of midday, the index stood at 179,257.01, down 314.25 points or 0.19%. The market opened…

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Profit-taking drags PSX lower

KARACHI: Pakistan Stock Exchange (PSX) ended Friday’s session in the red amid pre-weekend profit-taking, though the benchmark KSE-100 index posted a robust weekly gain as improving sentiment surrounding US-Iran negotiations and easing oil prices supported investor confidence throughout the week. The market initially extended its bullish momentum on reports that negotiations between the United States…

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Ochoa gets perfect Azteca send-off

Brought on for the last 12 minutes with his team 2-0 up against the Czech Republic Mexico’s Guillermo Ochoa poses with family members after the match. Photo: REUTERS MEXICO CITY: If Wednesday’s World Cup match marked the last time Guillermo Ochoa appears in Mexico colours, the 40-year-old goalkeeper could not have wished for a better send-off….

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ME conflict to slow MENAP economies: IMF

The International Monetary Fund logo is seen during the IMF/World Bank spring meetings in Washington, U.S., April 21, 2017. REUTERS ISLAMABAD: The ongoing Middle East conflict is likely to create a significant economic slowdown and heightened risks across the MENAP region, IMF Resident Representative Dr Mahir Binici said at an outreach session at the Sustainable…

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New Zealand all out for 113

LONDON: Ollie Robinson celebrated a five-wicket haul on his return to England duty as New Zealand were dismissed for just 113 on the second day of the first Test at Lord’s on Friday. The Sussex pace bowler, playing his first Test in more than two years, produced a triple-wicket maiden on Thursday during a sensational…

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Iran FM says Tehran has ‘no trust’ in US despite openness to serious negotiations

FM says Iran welcomes any constructive Chinese role in easing regional tensions and advancing diplomacy Iran’s Foreign Minister Abbas Araghchi attends a press conference at the Iranian embassy in New Delhi, India on May 15, 2026. PHOTO: REUTERS Iranian Foreign Minister Abbas Araghchi said Pakistan’s mediation efforts regarding regional tensions had “not failed” but were…

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Khawaja Asif warns of stronger response to any future aggression

Defence Minister Khawaja Asif on Wednesday said Marka-e-Haq has made it clear that any future aggression will be met with a response far more intense and decisive, Radio Pakistan reported. On May 13, 2025, Prime Minister Shehbaz Sharif declared that May 10 will be observed annually as Youm-e-Marka-e-Haq to commemorate the “magnificent success” of ‘Operation Bunyanum Marsoos‘ and…

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