Late profit-taking caps PSX rally

KARACHI: The KSE-100 index of the Pakistan Stock Exchange (PSX) extended its positive momentum and gained around 470 points to settle above 184,500. The market opened on a strong note and rallied to the intra-day high of 185,890.53 before profit-taking trimmed gains in the second half, with the index dipping to the intra-day low of…

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Swiatek, Zverev cruise into Wimbledon last 32

Iga Swiatek laid down a marker at Wimbledon by swatting aside Karolina Pliskova. Photo: AFP LONDON: Iga Swiatek put a stuttering start to her Wimbledon title defencefirmly behind her by powering to a statement second-round victory over Karolina Pliskova, while Alexander Zverev also eased through on Thursday. Reigning champion Swiatek, who struggled to hold back tears after battling past Taylor Townsend in…

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Alibaba sees CPEC 2.0 boosting trade

Executive says SMEs need tech & AI, simpler export procedures to compete globally Global sourcing trends are creating new opportunities for Pakistan. As international buyers diversify their supply chains, they are increasingly seeking dependable manufacturing partners while placing greater emphasis on quality. photo:file ISLAMABAD: With a strong entrepreneurial spirit and competitive manufacturing capabilities, Pakistan can…

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Gold prices in Pakistan Today

KARACHI: Gold prices recorded a sharp increase in both international and local markets on Friday. In the international bullion market, the price of gold rose by $122 per ounce to $4,185. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the local price of gold per tola increased by Rs12,200 to Rs440,936, while the…

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National senior, junior Padel Ranking Cup begins

The National Senior & Junior Padel Ranking Cup 2026 will be held from July 3-5, 2026 at Sport On, Clifton, Karachi. This was announced by Pakistan Padel Federation (PPF) on Thursday. The prestigious event will be held under the umbrella of the International Padel Federation (FIP). It will bring together Pakistan’s finest padel athletes in…

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LHC says Nikahnama alone cannot prove valid marriage in forced marriage disputes

Court says judges must examine a relationship’s origins and whether a woman’s consent was freely given LAHORE: The Lahore High Court (LHC) on Friday laid down important legal principles for lower courts adjudicating disputed love marriage cases, ruling that a registered nikahnama or even a woman’s earlier harassment petition cannot, by themselves, conclusively establish a…

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SBP reserves climb $611m to $16.5b

Total deposits stand at $22.1b; gold jumps Rs9,100/tola as global rally gains pace on US employment report KARACHI: The central bank’s foreign exchange reserves recorded a healthy increase during the week ended June 24, 2026 as they rose $611 million to reach $16.53 billion. The increase was mainly driven by government inflows from multilateral institutions,…

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