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Iran conflict pushes oil prices higher as stocks slip, dollar strengthens

Iran conflict pushes oil prices higher as stocks slip, dollar strengthens

Stocks fell and the US dollar strengthened on Friday as uncertainty over the Iran war continued to disrupt energy supplies,…
Pakistan foreign exchange reserves hit four-year high after SIFC reforms

Pakistan foreign exchange reserves hit four-year high after SIFC reforms

ISLAMABAD: Pakistan’s foreign exchange reserves have reached their highest level in four years, driven by reforms under the Special Investment…
SECP eases stock market access for small investors

SECP eases stock market access for small investors

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has increased the investment limit for Sahulat Accounts from Rs 1…
Middle East tensions weigh on PSX as KSE-100 index drops 3,629 points in a week

Middle East tensions weigh on PSX as KSE-100 index drops 3,629 points in a week

KARACHI: Trading at the Pakistan Stock Exchange (PSX) remained under pressure throughout the business week as developments related to the…
IMF delays $1bn loan as Pakistan talks continue

IMF delays $1bn loan as Pakistan talks continue

Pakistan and the International Monetary Fund (IMF) failed to finalise a staff-level agreement for the release of the next $1…
Pakistan’s domestic power sources cushion LNG supply risk, minister says

Pakistan’s domestic power sources cushion LNG supply risk, minister says

KARACHI: Pakistan’s growing reliance on domestic power, ​including solar and wind energy, nuclear reactors, coal and hydropower, has reduced its…
SECP okays new annuity products to provide retirement income

SECP okays new annuity products to provide retirement income

The Securities and Exchange Commission of Pakistan (SECP) has approved new annuity products aimed at providing stable income for individuals…
Weekly inflation rises by 1.89pc in Pakistan

Weekly inflation rises by 1.89pc in Pakistan

ISLAMABAD: The weekly inflation, measured by the Sensitive Price Indicator (SPI), increased by 1.89 percent for the combined consumption group…
PNSC vessels carrying oil reach Karachi under Pakistan Navy’s escort

PNSC vessels carrying oil reach Karachi under Pakistan Navy’s escort

KARACHI: Marking a rather positive development amid fuel shortage concerns across the globe as well as in Pakistan, two vessels…
PSX rangebound as oil surge, IMF delay dampen sentiment

PSX rangebound as oil surge, IMF delay dampen sentiment

Stocks at the bourse remained rangebound on Friday as elevated oil prices and worsening regional tensions kept investors cautious ahead…
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