The Pakistan Stock Exchange (PSX) witnessed a strong bullish session as the benchmark KSE-100 index surged by more than 4,000 points during intraday trading, reflecting renewed investor confidence in the market. At one stage, the index climbed sharply as buying activity dominated key sectors, including banking, cement, and energy stocks. The upward momentum was supported...
Pakistan is set to introduce sweeping reforms in its real estate sector, with the government preparing to abolish the long-criticised “file system” within the next two months, according to Lieutenant General (Retd) Nazir Ahmed. Speaking informally to journalists, the chairman of the National Accountability Bureau (NAB) revealed that the proposed real estate reforms will be...
A new study by the Competition Commission of Pakistan (CCP) has proposed sweeping tax and structural reforms to improve efficiency and competitiveness in the country’s cement sector. The report highlights that reducing distortions and improving policy frameworks could unlock long-term growth in one of Pakistan’s key industries. The study, titled Competition Assessment of the Cement...
Pakistan’s exports declined by 7.14% during the first nine months (July–March) of the current fiscal year 2025-26, reflecting continued pressure on the country’s external sector. According to data from the Pakistan Bureau of Statistics, total exports dropped to Rs6,393 billion compared to Rs6,884 billion in the same period last year. Monthly exports in March stood...
The Iranian rial continues to trade at significantly different rates in Pakistan, with a notable gap between the official benchmark and the open market value as of April 25, 2026. According to available data, the international mid-market rate stands at around 1 Pakistani rupee, equaling approximately 4,700 to 4,730 Iranian rials. However, in Pakistan’s informal...
The Government of Punjab has announced a major savings drive, cutting Rs35 billion from the health and education sectors to meet financial targets linked to International Monetary Fund (IMF) commitments. The decision includes surrendering unspent funds for the current fiscal year and eliminating nearly 150,000 vacant government positions. Officials say the measures are aimed at...
President Asif Ali Zardari has embarked on an official visit to China, where he is set to hold high-level meetings with Chinese leaders aimed at strengthening bilateral ties and expanding economic cooperation. The visit, scheduled from April 25 to 30, comes at a time when both countries are seeking to deepen their long-standing strategic partnership....
Pakistan has increased the size of its Eurobond issuance from $500 million to $750 million after receiving strong interest from international investors, signalling renewed confidence in the country’s economic outlook. The move marks a significant return to global capital markets after a gap of several years. Officials said the initial target of $500m was revised...
The Pakistan Stock Exchange (PSX) staged a strong recovery as the benchmark KSE-100 index surged by more than 4,000 points, driven by renewed optimism over the possible resumption of talks between the United States and Iran. Investor sentiment improved significantly after signals emerged that diplomatic efforts could restart following the recent collapse of negotiations in...
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...