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Selling grips PSX, KSE-100 down over 1,300 points in early trade

Selling pressure was observed at the Pakistan Stock Exchange (PSX) after fresh attacks in the Middle East shattered the relative calm of recent days in the US-Iran war, with the benchmark KSE-100 Index shedding over 1,300 points during the opening minutes of trading on Wednesday. At 9:35am, the benchmark index was hovering at 176,259.26, down by 1,364.62 points or 0.77%. Selling was seen in

Pakistan needs resilient digital infrastructure

Building a competitive artificial intelligence (AI) ecosystem will require Pakistan to invest in secure, resilient and high-capacity digital infrastructure supported by predictable policies and coordinated action across the public and private sectors, PTML Chief Technology and AI Officer (CTO), Awais Vohra, said here on Tuesday during the GSMA Digital Nation Pakistan Ministerial Roundtable. Spe

S&P sees cautious monetary policy despite improving economy

S&P Global Market Intelligence believes Pakistan’s monetary policy is likely to remain cautious despite an improving macroeconomic backdrop, as inflationary pressures and external risks continue to shape the country’s economic outlook. The State Bank of Pakistan’s Monetary Policy Committee has kept the policy rate unchanged at 11.5% in its July 2026 meeting. Commenting on this latest monetar

PM vows stronger economic cooperation with US

Prime Minister Shehbaz Sharif on Tuesday said Pakistan wanted to further strengthen economic cooperation with the US, particularly in trade, investment, agriculture, information technology, mines and minerals, and the energy sector. The prime minister made the remarks during a meeting with a visiting US Congressional delegation comprising Representatives Ryan Zinke and Michael Baumgartner, as I

IH2026 results: PTCL achieves 62pc growth YoY

Pakistan Telecommunication Company Limited (PTCL), the country’s leading telecom and ICT services provider, has announced its financial results for the half year ended June 30, 2026, at a Board of Directors meeting held in Islamabad. PTCL maintained strong growth momentum during the first half of 2026, supported by continued growth across its fixed, enterprise and mobile businesses, alongside t