PSX remains vulnerable to external shocks
KSE-100 index falls over 1,000 points as broad-based selling grips market with trading underway KARACHI:…
PSX remains vulnerable to external shocks
KSE-100 index falls over 1,000 points as broad-based selling grips market with trading underway KARACHI: The Pakistan Stock Exchange (PSX) exhibited vulnerability to external shocks on Wednesday, with the benchmark KSE-100 Index coming under renewed selling pressure as investors adopted a cautious stance and reduced exposure to equities. The index struggled to sustain its early…
FO condemns Houthi threats against Saudi Arabia, Red Sea shipping
Says threats challenge rules-based maritime order and jeopardise uninterrupted flow of global commerce Pakistan on Wednesday “unequivocally” condemned the continued threats issued by the Houthi militia against the Kingdom of Saudi Arabia and commercial shipping in the Red Sea, warning that such actions jeopardise global commerce and regional security, in a statement released by the…
PSX slightly up after early rally loses steam
KARACHI: Pakistan Stock Exchange (PSX) ended the trading session on Tuesday with a thin increase as profit-taking and uncertainty about geopolitical developments wiped off most of the early gains, which were sparked by a strong rally over hopes of a ceasefire between the US and Iran. The benchmark KSE-100 index surged 2,442 points to touch…
Gold prices in Pakistan Today
KARACHI: Gold and silver prices increased in both international and domestic markets on Wednesday, driven by gains in the global bullion market. In the international bullion market, the price of gold rose by $46 to $4,114 per ounce. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), in the local market, the price of…
Pakistan, Iran agree to boost cooperation on counter-terrorism, border security
Both agree to further strengthen bilateral relations, enhance mutual trade, improve coordination mechanisms Interior Minister Mohsin Naqvi holds talks with his Iranian counterpart Eskandar Momeni in Islamabad. PHOTO: RADIOPAK Pakistan and Iran on Wednesday agreed to enhance cooperation in counter-terrorism, counter-narcotics, preventing illegal immigration and combating human trafficking, as Interior Minister Mohsin Naqvi held talks…
Gold gains Rs4,700/tola on US-Iran truce hopes
International market surges over 1% on easing tensions, softer Fed stance; rupee inches up KARACHI: Gold prices in Pakistan rose sharply on Tuesday, mirroring gains in the international market, where the precious metal climbed more than 1%. The uptick came on hopes of a diplomatic breakthrough between the United States and Iran that could ease…
Oil extends gains to near six-week highs on new Middle East supply risks
The sun sets behind oil pumps outside Vaudoy-en-Brie, near Paris, France, March 18, 2026—REUTERS Oil prices extended gains to trade near six-week highs on Wednesday as fears of further supply disruptions intensified after US forces struck Iranian military targets for the 11th straight night, while oil tankers made U-turns in the Red Sea after warnings by…
Pakistan seeks US support for better access to global capital markets
FinMin tells US Treasury Sec the country has moved from macroeconomic stabilisation to sustainable, export-led growth Finance Minister Muhammad Aurangzeb meets US Treasury Secretary Scott Bessent in Washignton DC. PHOTO: X Pakistan on Tuesday sought greater US support for improved access to international capital markets, stronger foreign exchange reserves and better sovereign credit ratings as Finance…
Maritime minister woos Chinese firms
ISLAMABAD: Pakistan has invited Chinese investors to expand investment in its ports, logistics and maritime sectors, with the government committing to transform the country into a regional transit trade, logistics and industrial hub, according to a statement on Tuesday. Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry made the pitch at the Regional Transit…
Under soaring pressure, India’s education minister promises reforms and debate
Supporters of India’s Cockroach Janta Party shout slogans at a protest site, a day after thousands of protesters marched toward parliament demanding the resignation of Education Minister Dharmendra Pradhan over examination paper leaks, at Jantar Mantar in New Delhi, India, July 21, 2026. PHOTO: REUTERS India’s education minister said that Prime Minister Narendra Modi’s administration was committed to addressing the…
