The Pakistan Stock Exchange (PSX) saw volatility during the opening minutes of trading on Friday, with the benchmark KSE-100 Index trading marginally higher. At 10am, the benchmark index was hovering at 177,506.80, up 133.04 points or 0.08%. Buying was observed in key sectors, including commercial banks, oil and gas exploration companies, OMCs and refineries. Index-heavy stocks, including ARL,
MSCI has added Attock Refinery Limited to its MSCI Pakistan Index as part of its November 2026 Frontier Markets Index Review, while Pakistan’s weight in the MSCI Frontier Markets Index declined to 4.98 percent from 5.2 percent in the previous review conducted in August 2026. The changes, announced on November 11, are scheduled to take effect from the close of business on November 30, 2026, acco
Consumers will see slight relief at the pump stations starting November 13 following a reduction in petroleum prices. The ex-depot price of petrol has been slashed by Rs3 per litre, bringing the retail rate down from Rs335 to Rs332. Similarly, the price of High-Speed Diesel (HSD) has been decreased by Rs4 per litre, adjusting the rate from Rs364 to Rs360. The regulator attributed these adjustme
Finance Minister Muhammad Aurangzeb on Thursday called for promoting Pakistan’s sovereign Sukuk among international investors, noting that foreign investment in the Shariah-compliant instruments remained underwhelming despite positive inflows into Treasury Bills (T-bills) and Pakistan Investment Bonds (PIBs). He stated this while addressing a ceremony marking the achievement of Rs10 trillion in
Pakistan State Oil (PSO) and Kuwait Petroleum Corporation (KPC) have agreed to expand their five-decade energy partnership, exploring cooperation in fuel supplies, bonded storage, shipping, refining, lubricants and potential investments in Pakistan’s energy sector. The understanding was reached during a meeting between senior officials of the two companies, as they discussed expanding commercia