Buying interest was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining over 1,300 points during the opening minutes of trading on Tuesday. At 9:30am, the benchmark index was hovering at 167,869.45, up 1,305.39 points or 0.78%. Key sectors saw buying, including automobile assemblers, cement, commercial banks, oil and gas exploration companies, OMCs and pow
Pakistan is exploring the tokenisation of its existing Eurobond debt, said Finance Minister Muhammad Aurangzeb on Monday, while addressing the “Dialogue on Digital Assets and the Future of Banking”, organised by the Pakistan Banks’ Association (PBA) in collaboration with LUMS. The finance minister shared that the government is holding discussions on the proposed initiative and is seeking Cabine
Pakistan’s headline inflation clocked in at 9.6% on a year-on-year (YoY) basis in October 2026, down from 10.3% recorded in September, as shown by Pakistan Bureau of Statistics (PBS) data on Monday. The consumer price index (CPI) was recorded at 6.2% in October 2025. On a month-on-month basis, it increased by 1.1% in October 2026 as compared to an increase of 1.3% in the previous month and an i
The Pakistani rupee continued its marginal gain against the US dollar, appreciating 0.01% in the inter-bank market on Monday. The local unit closed the day at 276.72, a gain of Re0.03 against the greenback. During the previous week, the Pakistani rupee extended its marginal gain against the US dollar for another week, appreciating 0.03% in the inter-bank market. The local unit closed at 276.
Pakistan’s oil refineries will bear an estimated Rs15 billion monthly burden to help the government prevent a Rs15 per litre increase in petrol prices amid rising international oil prices, Petroleum Minister Ali Pervaiz Malik said on Monday. Addressing a press conference alongside Information Minister Attaullah Tarar in Islamabad, Malik said Prime Minister Shehbaz Sharif had consulted oil refin