Markets

Pakistan's Mari Energies unveils ambitious expansion in gas, minerals, and tech
Markets

Pakistan's Mari Energies unveils ambitious expansion in gas, minerals, and tech

With major upstream gains and Pakistan’s first high-tier data centers underway, the company outlines bold plans

Netting laws spur uptick in Islamic derivatives, but Pakistan still lags behind
Markets

Netting laws spur uptick in Islamic derivatives, but Pakistan still lags behind

Fitch notes rising adoption in UAE, while Pakistan faces a regulatory gap

Pakistan stock market rises to record high
Markets

Pakistan stock market rises to record high

The benchmark KSE-100 index rose to 128,199.42 points, gaining around 2.05% or 2,572.11 points

PSX expected to hit 160,000 points-mark in FY26
Markets

PSX expected to hit 160,000 points-mark in FY26

IMF reviews, credit rating upgrades, and privatization efforts seen as key catalysts

PSX closes at all-time high on easing inflation, Chinese financing
Markets

PSX closes at all-time high on easing inflation, Chinese financing

Another development that improved sentiment was that Pakistan is set to receive a $500 million loan from an institution soon

PSX outperforms all asset classes in FY25, ranks third among global equity markets
Markets

PSX outperforms all asset classes in FY25, ranks third among global equity markets

KSE-100 delivers 55.5% dollar return, beating gold, bonds, and forex as long-term outlook remains bullish

PSX eyes record highs as new fiscal year begins
Markets

PSX eyes record highs as new fiscal year begins

Strong valuations and policy stability boost investor sentiment amid hopes for easing inflation and interest rates

Pakistan stock market surges 58% in FY25 amid record trading volumes, monetary easing
Markets

Pakistan stock market surges 58% in FY25 amid record trading volumes, monetary easing

KSE-100 posts dollar growth of 55.5%, IPO market rebounds, and current account swings to surplus as macroeconomic stability returns

Pakistan stock market gains 1.9% to reach all-time high
Markets

Pakistan stock market gains 1.9% to reach all-time high

Leading trader says the market went up because of fresh liquidity infusion from financial institutions

Dollar hovers near 3.5-year low as traders wager on US rate cut
Partner

Dollar hovers near 3.5-year low as traders wager on US rate cut

The greenback is down 10% so far this year

Pakistan stock market records second-highest daily gain
Markets

Pakistan stock market records second-highest daily gain

The sharp uptrend was driven by positive global developments, particularly the de-escalation in tensions between Israel and Iran, says analyst

Oil prices tumble as markets shrug off Iranian rebuttal to US
Partner

Oil prices tumble as markets shrug off Iranian rebuttal to US

While U.S. stocks tripped into negative territory around the time of the Qatar attack, major indices quickly recovered

Pakistan stock market plunges 3.2% on escalating Middle East conflict
Markets

Pakistan stock market plunges 3.2% on escalating Middle East conflict

PKR also weakens against the US dollar

Oil prices spike after US strikes on Iran
Partner

Oil prices spike after US strikes on Iran

The dollar's value rises against other currencies but analysts question to what extent this will hold out

Geopolitical tensions likely to keep Pakistan stock market range-bound next week
Markets

Geopolitical tensions likely to keep Pakistan stock market range-bound next week

As the KSE-100 falls 1.7% amid Israel-Iran conflict, market eyes global de-escalation and earnings season for potential rebound

PSX drops 1.7% on Middle East tensions
Markets

PSX drops 1.7% on Middle East tensions

Pharmaceutical and select cement stocks were among the hardest hit, contributing significantly to the week’s losses

Pakistan’s market reforms under spotlight as MSCI flags foreign exchange barriers
Markets

Pakistan’s market reforms under spotlight as MSCI flags foreign exchange barriers

Despite digital onboarding and regulatory adjustments, Pakistan’s frontier market status lags amid foreign investor concerns and incomplete infrastructure shifts

Lucky Cement Plant in Iraq hit by unidentified object
Markets

Lucky Cement Plant in Iraq hit by unidentified object

Company clarifies rumors of drone attack, confirms plant remains fully operational with only minor electrical damage

Stocks slip, safe havens gain as Middle East conflict rages
Partner

Stocks slip, safe havens gain as Middle East conflict rages

Oil hovers near 4.5-month peak on risks of supply shock

Pakistan stock market drops 1.23% amid escalating Iran-Israel conflict
Markets

Pakistan stock market drops 1.23% amid escalating Iran-Israel conflict

Analysts warn of inflation and shrinking corporate margins on geopolitical tensions and volatile crude markets