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PSX falls as Middle East tensions, oil surge hit sentiment

PSX drops below 187,000 points amid profit-taking pressure
KARACHI – The Pakistan Stock Exchange (PSX) on Friday continued its bullish momentum amid stablising foreign exchange reserves and optimism about budget for new fiscal year.During intraday trading, the KSE-100 index has gained 593.89 points to reach all-t…
Pakistan, IMF launch key economic review talks in Islamabad
The federal government has failed to get approval from the International Monetary Fund (IMF) for a plan to provide 2,000 megawatts of electricity at subsidised rates for Bitcoin mining. Sources in the Power Division said the government presented this p…
PSX falls as Middle East tensions, oil surge hit sentiment

PSX drops below 187,000 points amid profit-taking pressure
The Pakistan Stock Exchange (PSX) maintained its record-breaking rally on Thursday amid aggressive buying and wave of new fiscal year optimism. During the intraday trading, the KSE-100 Index shattered more records, climbing above 131,000 points milesto…
Dollar feeble as Trump's tax bill and tariffs weigh
The U.S. dollar languished at its weakest against the euro since September 2021 on Tuesday, as President Donald Trump's spending bill stoked fiscal worries and uncertainty around trade deals continued to weigh on sentiment. Investors have also started …
Transport alliance announces 4pc fare rise after hike in petroleum prices
 Following the recent hike in petroleum prices, transporters have also jacked up fares across multiple routes, putting extra burden on commuters' pockets. Fares for routes from Lahore to Faisalabad, Bhalwal, Chakwal, and Sialkot have been increase…
June inflation creeps up to 3.2pc amid budget tightening, IMF goals
Pakistan’s inflation rose by 3.2 per cent year-on-year in June, right in line with the finance ministry’s forecast of 3-4 per cent issued just a day earlier, according to fresh data from the Pakistan Bureau of Statistics. Month-on-month, inflation edge…
PSX begins new fiscal year with bang, jumps to fresh records
The Pakistan Stock Exchange (PSX) started the new fiscal year 2025-26 with bullish trend as investors welcomed China’s rollover of $3.4 billion commercial loan and government’s efforts to reduce electricity prices. During intraday trading on Tuesday, t…

Famous YouTuber Mr. Best gets married, wedding photos go viral

Pakistan and West Indies XI practice match ends in a draw

Gold falls on investor caution ahead of key US economic data
Karachi: As the price of gold per ounce in the international bullion market fell by $15 to $3,335, the trend of gold prices declining again in the local bullion markets on Friday after a one-day break. In the local bullion market, the price of 24-carat…
PSX falls as Middle East tensions, oil surge hit sentiment

PSX drops below 187,000 points amid profit-taking pressure
KARACHI – The Pakistan Stock Exchange (PSX) on Friday continued its bullish momentum amid stablising foreign exchange reserves and optimism about budget for new fiscal year.During intraday trading, the KSE-100 index has gained 593.89 points to reach all-t…
Pakistan, IMF launch key economic review talks in Islamabad
The federal government has failed to get approval from the International Monetary Fund (IMF) for a plan to provide 2,000 megawatts of electricity at subsidised rates for Bitcoin mining. Sources in the Power Division said the government presented this p…
PSX falls as Middle East tensions, oil surge hit sentiment

PSX drops below 187,000 points amid profit-taking pressure
The Pakistan Stock Exchange (PSX) maintained its record-breaking rally on Thursday amid aggressive buying and wave of new fiscal year optimism. During the intraday trading, the KSE-100 Index shattered more records, climbing above 131,000 points milesto…
Dollar feeble as Trump's tax bill and tariffs weigh
The U.S. dollar languished at its weakest against the euro since September 2021 on Tuesday, as President Donald Trump's spending bill stoked fiscal worries and uncertainty around trade deals continued to weigh on sentiment. Investors have also started …
Transport alliance announces 4pc fare rise after hike in petroleum prices
 Following the recent hike in petroleum prices, transporters have also jacked up fares across multiple routes, putting extra burden on commuters' pockets. Fares for routes from Lahore to Faisalabad, Bhalwal, Chakwal, and Sialkot have been increase…
June inflation creeps up to 3.2pc amid budget tightening, IMF goals
Pakistan’s inflation rose by 3.2 per cent year-on-year in June, right in line with the finance ministry’s forecast of 3-4 per cent issued just a day earlier, according to fresh data from the Pakistan Bureau of Statistics. Month-on-month, inflation edge…

Famous YouTuber Mr. Best gets married, wedding photos go viral

Pakistan and West Indies XI practice match ends in a draw

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Salman Khan Niazi

Chairman, Daily The Patriot