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PSX Dips Slightly as Market Enters Post-Rally Consolidation Phase

PSX Dips Slightly as Market Enters Post-Rally Consolidation Phase

The Pakistan Stock Exchange (PSX) witnessed a slight dip as the benchmark KSE-100 index entered a consolidation phase following a historic rally in the previous session. Investors engaged in profit-taking after the market recorded one of its biggest single-day gains, leading to mild downward pressure during trading. The previous session saw the KSE-100 surge by over 14,000 points — a...

Saudi, Iranian FMs Hold First Call Since Start of US-Israel War on Iran

Saudi, Iranian FMs Hold First Call Since Start of US-Israel War on Iran

The foreign ministers of Saudi Arabia and Iran have held their first phone conversation since the outbreak of the US-Israel war against Iran, signalling renewed diplomatic engagement amid escalating regional tensions. The call focused on the evolving situation in the Middle East and the urgent need to prevent further escalation. Both sides emphasised the importance of dialogue and coordination to...

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