Markets

Pakistan juice industry under strain as report urges scrapping 20% excise duty
Markets

Pakistan juice industry under strain as report urges scrapping 20% excise duty

PRIME Institute says higher tax has sharply cut sales, hurt farmers and boosted informal producers ahead of FY27 budget

Global gold output remains concentrated in China, Russia and Australia in 2024
Markets

Global gold output remains concentrated in China, Russia and Australia in 2024

Global gold production remained concentrated among a handful of producers in 2024, led by China, Russia and Australia, while African nations increased their share of global supply, according to World Gold Council data.

China remained the world’s largest gold producer, mining 380.2 tonnes in 2024, accounting for more than 10% of global output. Russia followed with 330 tonnes, while Australia produced 284 tonnes.

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SLM Tires IPO shatters records with PKR 69.4 billion in investor bids
Markets

SLM Tires IPO shatters records with PKR 69.4 billion in investor bids

The transaction marks the highest amount ever raised by any IPO at the Pakistan Stock Exchange

Pakistan jewellers propose special income tax regime to simplify taxation
Markets

Pakistan jewellers propose special income tax regime to simplify taxation

Plan under Income Tax Ordinance Section 99C calls for turnover-based system, simplified returns and weight-based inventory reporting

Pakistan six-month T-bill yield hits 1.5-year high on rate hike fears
Markets

Pakistan six-month T-bill yield hits 1.5-year high on rate hike fears

Yield tops 12% as investors bet on further rate hikes amid inflation and rising oil prices

Pakistan finance minister heads to Beijing for landmark $250 million Panda Bond issuance
Markets

Pakistan finance minister heads to Beijing for landmark $250 million Panda Bond issuance

The finance minister will meet investors and officials to explore further financing and investment opportunities

Qatar warns LNG export disruptions could last months after Hormuz reopening
Markets

Qatar warns LNG export disruptions could last months after Hormuz reopening

Qatar LNG exports slow as more than 100 vessels wait outside Hormuz

IMF urges Pakistan to strengthen oversight of real estate transactions
Markets

IMF urges Pakistan to strengthen oversight of real estate transactions

Concerns raised over weak reporting, low compliance, and black money inflows into property sector

US to release 53.3M barrels from strategic oil reserve to stabilize markets
Markets

US to release 53.3M barrels from strategic oil reserve to stabilize markets

Move aims to steady global markets as Strait of Hormuz disruptions tighten supply; major energy firms take part in DOE program

SECP approves five securities brokers to open Islamic brokerage windows
Markets

SECP approves five securities brokers to open Islamic brokerage windows

Move expands access to Shariah-compliant stocks, sukuk and ETFs under dedicated trading systems

Pakistan LNG invites bids for two spot cargoes amid supply disruptions
Markets

Pakistan LNG invites bids for two spot cargoes amid supply disruptions

State-run Pakistan LNG Ltd. issues fresh tenders for May deliveries as Middle East conflict disrupts flows

Pakistan to launch capital market development fund to boost investor participation
Markets

Pakistan to launch capital market development fund to boost investor participation

SECP, PSX, CDC and NCCPL back PKR 120 million initiative to boost retail investor participation

OGDCL oil and gas production rises in 9MFY26 as Baragzai discovery drives growth outlook
Markets

OGDCL oil and gas production rises in 9MFY26 as Baragzai discovery drives growth outlook

OGDCL crude oil output rose to 35,500 bpd in 9MFY26, but pipeline bottlenecks continue to limit full production. Here's what management said

Sitara Petroleum IPO hits cap price of PKR 18.90 in 10 minutes, sets PSX record
Markets

Sitara Petroleum IPO hits cap price of PKR 18.90 in 10 minutes, sets PSX record

Sitara Petroleum's IPO reached its PKR 18.90 cap price within 10 minutes of book building opening, setting a Pakistan Stock Exchange record

KSE-100 under pressure as SBP hike shifts market outlook
Markets

KSE-100 under pressure as SBP hike shifts market outlook

SBP’s surprise 100bps hike and oil at $125 shift sentiment, with banks emerging as key market winners

KSE-100 among world's worst performers in March quarter as oil shock hits Pakistan stocks
Markets

KSE-100 among world's worst performers in March quarter as oil shock hits Pakistan stocks

Pakistan's KSE-100 fell 15% in Q1 2026, ranking third worst globally. Here's what drove the sell-off and what analysts expect next

SECP approves Service Long March Tires IPO worth up to PKR 7.8B
Markets

SECP approves Service Long March Tires IPO worth up to PKR 7.8B

The company is offering 389.7 million shares to fund an expansion project

Global gold demand hits record $193 billion in Q1 2026 as investors rush to safe haven
Markets

Global gold demand hits record $193 billion in Q1 2026 as investors rush to safe haven

Global gold demand rose 2% year-on-year to 1,231 tonnes in the first quarter of 2026, according to the World Gold Council