KSE-100 Plummets as Geopolitical Tensions Grip Markets
The KSE-100 Index fell by over 1,700 points due to escalating tensions between the United States and Iran. Key sectors experienced widespread…
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Currency
Palm oil futures rise on strong crude and soyoil markets
Malaysian palm oil futures gained 0.62% as crude and soyoil prices rose, with Indonesia’s B50 biodiesel program boosting demand.
NBP Updates Currency Rates for Monday
National Bank of Pakistan (NBP) has released updated currency rates for major currencies, effective from Monday.
Government Proposes New Policy to Fast Track $6 Billion Refinery Upgrades
The Petroleum Division has unveiled new investor protection measures and incentives for upgrading Pakistan’s refineries, aiming to fast-track $6 billion in
Tarbela 5 Extension Hydropower Project Costs Skyrocket After Cofferdam Collapse
Government inquiry blames WAPDA, contractor for Tarbela 5 Extension Hydropower Project’s cofferdam collapse, leading to a 285% increase in costs.
Copper Prices Fall Amid Middle East Tensions
Copper and other industrial metal prices fell as fighting between the U.S. and Iran escalated, reigniting inflation fears.
Gold prices fall as oil surges amid Strait of Hormuz tensions
Spot gold drops over 1% due to fears of Strait of Hormuz closure, while oil prices surge and traders anticipate a September…
Government Delay in Price Hike Causes Medicine Shortages
Over 100 essential medicines are running short due to a two-year delay in price approval, raising concerns about counterfeit drugs.
Pakistan’s IT Exports Surge to $4.5B, Expanding into Asia-Pacific Markets
Pakistan’s digital export economy surges past $4.5 billion in FY26, expanding into key markets like Japan and Singapore with support from financial…
Chinese stocks fall as Gulf tensions and profit-taking weigh
Chinese stock markets decline due to U.S.-Iran tensions and profit-taking, with tech shares falling sharply.
Asian shares fall as oil prices rise
Oil prices increase in response to Gulf conflict, leading Asian stock markets to fall.
KSE-100 Plummets as Geopolitical Tensions Grip Markets
Pakistan's KSE-100 Index drops nearly 2,300 points as geopolitical tensions between the US and Iran cause widespread selling across key sectors.
Government delay on medicine pricing hikes shortage, risks counterfeits
The federal cabinet's delayed decision on price revisions for essential medicines has led to a critical shortage and increased risk of counterfeit…
Government Financing Prioritizes Consumption Over Manufacturing
Only 5.5% of bank credit reaches manufacturing SMEs as trade and services dominate financing in Pakistan.
Tarbela-5 cofferdam collapse blamed on contractor, consultant and employer
Government inquiry blames contractor, consultant and employer for the collapse of Tarbela-5 Extension Hydropower Project, leading to significant cost overr
Otsuka Pakistan Limited Reports Year-on-Year Growth in Topline and Gross Margin
OTSU's topline grew by 14.34% year-on-year to Rs.2546.28 million in 2021, with gross margin climbing from 26.90% to 33.20%. The company increased…
Otsuka Pakistan Limited Reports Year-on-Year Growth in Topline and Gross Margin
OTSU reported a 14.34% growth in topline, with gross margin increasing from 26.90% to 33.20% year-on-year.
Remittances Reach Record High, Boosting Pakistan’s External Account
Pakistan's remittance inflows hit USD41.6 billion in FY26, up 8.6% from last year, but normalization is expected.
Government’s Fiscal Discipline Improves Pakistan’s Debt Profile
Government achieves primary fiscal surpluses, reduces debt-to-GDP ratio and diversifies investor base through various schemes.
LPG Importers Warn of Nationwide Shortage and Call for Urgent Pricing Review
LPG importers warn of nationwide shortage and call for urgent pricing review to prevent supply disruptions.