News

Pakistan-brokered ceasefire ignites historic rally, KSE-100 up over 12,000 points

Bullish momentum was observed at the Pakistan Stock Exchange (PSX) after the US and Iran agreed to a two-week ceasefire amid Pakistan’s mediation efforts. The benchmark KSE-100 Index gained over 12,000 points during the opening minutes of trading on Wednesday. At 9:37am, the benchmark index was hovering at 164,035.83, up by 12,362.38 points or 8.15%. Following the jump, a market halt was trigge

STL eyes growth with multi-billion pipeline

Supernet Technologies Limited (STL) is entering a new growth phase, reporting Rs9.2 billion in revenue for FY2025 and building a multi-billion project pipeline as it expands its footprint in cybersecurity, telecom, and digital infrastructure across the banking, defence, and telecom sectors. The company’s growth momentum comes alongside its transition to the Main Board of the Pakistan Stock Exch

Pakistan enters decisive phase of debt management

Mian Zahid Hussain, President Pakistan Businessmen and Intellectuals Forum & All Karachi Industrial Alliance and Chairman National Business Group Pakistan, Chairman Policy Advisory Board FPCCI, said that Pakistan is entering a decisive phase of debt management as it prepares to repay a staggering USD4.8 billion in external obligations during the month of April 2026. This significant outflow inc

Gwadar port: Businessmen hail commercial operations

The business community has welcomed the commencement of commercial operations and the availability of modern facilities at Gwadar Port. President of the Gwadar Chamber of Commerce and Industry, Jeehand Hoth and General Secretary Khalid Saif termed the port’s full operationalisation a major milestone for the regional economy. In a joint statement, they said that the details shared by Chairman Gw

PTC seeks policy intervention to deal with textile sector challenges

Pakistan Textile Council (PTC) has sought urgent policy intervention to support the country’s textile sector, which is facing mounting challenges amid the ongoing conflict in the Middle East. In a letter addressed to Prime Minister Shehbaz Sharif, PTC Chairman Fawad Anwar outlined key issues confronting the sector and proposed remedial measures to navigate the current difficult environment.