PSX gains nearly 1,000 points on broad-based buying

Strong investor interest in banking, cement, fertiliser and energy stocks lifts market’s mood KARACHI: Buying interest dominated trading at the Pakistan Stock Exchange (PSX) on Thursday, lifting the benchmark KSE-100 Index by nearly 1,000 points during intraday trade. Investor activity remained concentrated in automobile assemblers, cement, chemical, commercial banks, fertiliser, oil and gas exploration companies,…

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Islamabad ATC extends former senator Mushtaq Ahmad’s physical remand by four days

Prosecution requests 30-day physical remand, arguing that investigators have yet to recover a vehicle and weapons Former Jamaat-e-Islami (JI) senator Mushtaq Ahmad holds press conference in Islamabad. Photo: X ISLAMABAD: An anti-terrorism court (ATC) in Islamabad on Thursday extended former Senator Mushtaq Ahmad and a co-accused, Daniyal, physical remand in police custody for a further…

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Pakistan, Netherlands target $5b trade

LAHORE: The Netherlands has identified the Lahore Chamber of Commerce and Industry (LCCI) as a key partner for expanding bilateral trade and investment, with the current trade volume of $1.9 billion having the potential to reach $5 billion through enhanced cooperation. Chargé d’Affaires of the Dutch Embassy Hajo Provo Kluit, during his visit to LCCI,…

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Jawad Akhtar, Arsam Farooq elected to lead Islamabad Regional Cricket Association

Jawad Akhtar, Arsam Farooq elected to lead Islamabad Regional Cricket Association The Pakistan Cricket Board (PCB) has announced the successful completion of elections for the office-bearers of the Islamabad Regional Cricket Association, with Mohammad Jawad Akhtar and Arsam Farooq Ahmed elected to key leadership positions. According to an official notification issued by PCB Election Commissioner…

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PSX reclaims 180k level, surges 2,932 points

KARACHI: Pakistan Stock Exchange (PSX) posted strong gains on Wednesday, with the benchmark KSE-100 index reclaiming the 180,000 level amid broad-based buying supported by global cues and optimism about Pakistan’s external financing outlook. The KSE-100 settled at 180,014.93, higher by 2,931.71 points, or 1.66%, compared to the previous close at 177,083.22. During the day, the…

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