Markets
Pakistan’s oil boom? PSX hits record high after Trump’s deal
The surge followed a tweet from U.S. President Donald Trump announcing a strategic partnership with Pakistan to develop its oil reserves
Aug 03, 2025
Aug 03, 2025

Shuja Qureshi
Presenter
With over 20 years of combined experience in media and stock brokerage, Shuja Qureshi is a seasoned professional who hosts a weekly stock market show on Nukta. Passionate about personal finance, he also presents 'How to Money with Shuja Qureshi' on Nukta.
Shahbaz Ashraf
Business Consultant
Seasoned Investment Professional | CFA | 17+ Years of Experience in Equity Research, Valuation & Advisory Seasoned investment professional with over 17 years of experience in equity research, financial analysis, valuations, and investment advisory—primarily focused on financial services firms, including equity brokerages, asset management companies, and family offices. Skilled in financial modeling, portfolio management, and evaluating multi-asset investment opportunities. Known for delivering data-driven insights and actionable strategies tailored to both institutional and private clients. Holds a BBA and MBA in Finance from the Institute of Business Management (IoBM), Karachi, and is a Chartered Financial Analyst (CFA).
- YouTube
The Pakistan Stock Exchange (PSX) closed at a record 141,035 points this week, marking a 1.3% gain fueled by a rally in oil stocks. The surge followed a tweet from U.S. President Donald Trump announcing a strategic partnership with Pakistan to develop its oil reserves.
Join Nukta presenter Shuja Qureshi, Shahbaz Ashraf, Head of Research at Nukta, and Asim Wahab Khan, CIO at NBP Funds, as they unpack the implications of this landmark deal and its impact on Pakistan’s exploration and production sector. Watch now!
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