The Pakistan Stock Exchange (PSX) opened on a positive note on Wednesday, with investors showing renewed buying interest across multiple sectors. At 9:40am, the benchmark KSE-100 Index was trading at 149,002.59 points, up by 567.53 points or 0.38%. Gains were seen in key areas including automobile assemblers, commercial banks, fertilisers, and the oil and gas…
The Pakistani rupee continued to face pressure against major foreign currencies on August 27, 2025, with the US dollar trading higher in both the open and interbank markets. According to market data, the dollar was recorded at Rs 284.1 for buying and Rs 285.6 for selling in the open market, while the interbank rate stood…
The Pakistan Stock Exchange came under pressure on Tuesday, ending in the red as contract rollovers and policy concerns unsettled investors. The KSE-100 index started on a positive note, briefly touching 149,453 points, but gave up gains to close at 148,435, down 380 points or 0.26%. Market participants cited uncertainty over possible hikes in industrial…
Gold prices in Pakistan recorded another jump on Tuesday, following gains in the international market. According to figures shared by the All Pakistan Gems and Jewelers Association, the rate of 24-karat gold rose by Rs900 per tola, closing at Rs360,700 compared to the previous Rs359,800. Similarly, the price of 10 grams of 24-karat gold increased…
inDrive, a global mobility and urban services platform, has partnered with Qist Bazaar to offer exclusive discounts on a wide range of essential products for its driver community across Pakistan. The initiative is part of inDrive’s commitment to creating a supportive ecosystem that enhances driver welfare and makes everyday needs more affordable. Through this collaboration,…
The Trading Corporation of Pakistan (TCP) has started importing sugar to ease price pressures, purchasing 30,000 tonnes in an international tender aimed at securing a total of 200,000 tonnes. European traders reported on Tuesday that this first shipment was likely bought from Al Khaleej Sugar at an estimated $582.50 per tonne, including cost and freight….
Auto industry has received some breathing space as the government moves to impose steep tariffs on commercial imports of used vehicles. A Senate committee confirmed that from next month, imported used cars will face a 40% duty, aimed at discouraging large-scale inflows and giving local manufacturers room to recover. Under the new policy, commercial importers…
Pakistan continues to suffer heavy economic losses every year from floods, earthquakes, and other natural disasters, with damages running into billions of rupees. Despite this recurring threat, most public development projects in the country remain without insurance coverage. International financial institutions, including the International Monetary Fund (IMF) and the Asian Development Bank (ADB), have advised…
The Pakistan Stock Exchange (PSX) saw a volatile trading session on Monday as investors booked profits ahead of futures rollover, dragging the benchmark index down by nearly 700 points. The KSE-100 index began on a strong footing, reaching 150,079.75 during early trade. However, heavy selling reversed gains, pushing the index to a session low of…
The World Bank has approved a $47.9 million grant to improve access to primary education in Punjab, aiming to address gaps in enrolment, teacher training and early learning facilities. The project will focus on children at pre-primary and primary levels, including those with disabilities, and is expected to benefit nearly four million students. According to…
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