PSX Weekly Wrap: KSE-100 Surges 5,335 Points
FOC_KEYWORD: KSE-100 index weekly gain KARACHI – The Pakistan Stock Exchange (PSX) concluded the trading week with a powerful rally, as the benchmark KSE-100 index…
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Fuel Prices Drop: SP95 Falls Below €2 Threshold in France
Motorists are seeing a slight reprieve at the pump as the price of SP95-E10 petrol has fallen back below the symbolic threshold of 2 euros…
France’s Unemployment Rate Hits 8.3%, Highest Since 2020
The French labor market has suffered a sharp reversal, with the national unemployment rate climbing to its highest point in nearly six years. According to…
Pakistan Stock Market Surge: KSE-100 Crosses 181,000
The Pakistan Stock Exchange (PSX) extended its powerful rally on Thursday, with the benchmark KSE-100 Index decisively breaching the 181,000-point threshold in a burst of…
PSX Surges 1,500 Points on Strait of Hormuz Deal Hopes
ENGLISHLUG: psx-surge-strait-of-hormuz-deal-progress KARACHI – The Pakistan Stock Exchange a powerful comeback on Wednesday, with the benchmark KSE-100 indexeting by more than 1,500 points as market…
Pakistan, Iran Set $10 Billion Trade Target at JTC
Pakistan and Iran have drawn a bold new economic roadmap, reaffirming their commitment to elevate bilateral trade to an unprecedented $10 billion. The pledge was…
Pakistan Slashes Kerosene Price After Petrol, Diesel Cuts
ISLAMABAD – In a move providing further respite to consumers, the federal government has announced a reduction in the price of kerosene oil, building on…
PSX Surges 1.2% as Oil Drops on US-Iran Deal Hopes
The Pakistan Stock Exchange (PSX) closed sharply higher on Monday, propelled by a significant drop in global oil prices and renewed optimism over potential US-Iran…
Apple Slumps on AI Supply Crunch, Erasing $500B
Apple shares cratered nearly 10% on Friday, putting the stock on track for its worst single-day performance since the pandemic-fueled panic of March 2020. The…
Foreign Investors Return to PSX After 23-Month Gap
In a significant shift of sentiment, foreign investors have turned net buyers at the Pakistan Exchange (PSX) for the first time in almost two years,…
Seoul Rebounds on Tech Surge as Yen Remains Under Pressure
South Korea’s stock market staged a vigorous rebound on Wednesday, recovering from a dramatic sell-off, as a powerful resurgence in technology shares provided a much-needed…
Pakistan to Gradually Deregulate Petroleum Sector
Pakistan’s government has committed to a phased deregulation of the country’s petroleum sector, a strategic policy shift designed to dismantle price controls, foster market competition,…
PSX Plunges Over 900 Points Amid Regional Tensions
The Pakistan Stock Exchange (PSX) witnessed a sharp sell-off on Thursday, with the benchmark KSE-100 Index plunging by more than 900 points to hit 175,110…
Pakistan Business Leaders Unite to Tackle Economic Woes
ISLAMABAD – In a significant show of solidarity, Pakistan’s fractious business community has set aside its differences to form a unified platform aimed at pulling…
Gold Prices Slip for Second Day in Global and Pakistan Markets
Gold prices continued their downward trend for the second consecutive day on Wednesday, with both international and Pakistani markets reflecting a synchronized retreat in the…
Pakistan Stocks Rebound Over 800 Points in Early Trade
KARACHI – The Pakistan Stock Exchange experienced a robust recovery on Thursday, with the benchmark KSE-100 index climbing more than 800 points during the early…
Over 36,500 Undocumented Foreigners Deported from Punjab
The Punjab Police have announced a significant milestone in their ongoing campaign against illegal residency, confirming the deportation of more than 36,500 undocumented foreign nationals…
Pakistan Hikes Petrol, Diesel Prices Sharply
ISLAMABAD – The federal government has announced a significant increase in the prices of petrol and high-speed diesel, with the revised rates taking effect from…
IMF sets new terms for Pakistan gas debt fix
Pakistan’s protracted struggle to defuse its ballooning gas sector circular debt has entered a critical new phase, as the International Monetary FundIMF) tables stringent preconditions…
PSX Plunges Over 1,500 Points as Middle East Tensions Surge
KARACHI — The Pakistan Stock Exchange (PSX) commenced the trading week with a heavy sell-off, as intensifying geopolitical friction in the Middle East sent shockwaves…