The Pakistan Stock Exchange (PSX) ended Thursday's session slightly lower as investors remained cautious amid persistent geopolitical tensions in the Middle East, while Wednesday's sharp selloff continued to weigh on market sentiment despite a partial intraday recovery. Investor confidence remained fragile after the benchmark index's steep decline in the previous session, with concerns over an
PICIC Insurance Limited (PSX:PIL) has received approval from the Sindh High Court for the Modified Scheme of Arrangement concerning the merger of Crescent Star Foods (Private) Limited with and into the company. The court's order, dated April 16, 2026, and passed in J.C. Misc. No. 45 of 2017, paves the way for the merger, subject to completion of all legal and procedural formalities, the company
Total inflows into Roshan Digital Accounts (RDA) during June, 2026 stood at $306 million, bringing the total cumulative inflows into RDA to $13,365 million. Compared to the previous month's inflow of $312.0, June showed an decrease of $6 million. However, according to data released by the SBP, amount repatriated and locally utilized during the month was $175 million showing that the Net Repatri
Saudi Arabia's Ambassador to Pakistan, Nawaf bin Saeed Ahmad Al-Malkiy, met Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar on Wednesday to discuss recent regional developments following the signing of the Islamabad Memorandum of Understanding (MoU). The two sides underscored the importance of continued dialogue and diplomatic engagement to promote regional stability and reviewed
Pakistan and the United States are holding a fresh round of negotiations on the Agreement on Reciprocal Trade (ART) in Washington, as the two sides work to convert last year's tariff understanding into a formal, long-term trade framework. Foreign Office Spokesperson Tahir Andrabi said Secretary Commerce Jawad Paul is leading the Pakistani delegation, according to media reports. The talks aim