Selling was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index losing over 200 points during the opening minutes of trading on Friday. At 9:50am, the benchmark index was hovering at 166,957.17, down 236.26 points or 0.14%. Selling was observed in key sectors, including automobile assemblers, cement, commercial banks, fertiliser, oil and gas exploration companies
Inflation is projected to remain elevated at 9.5-10.5 percent in October 2026 - attributed to persistent geopolitical tensions, recurring conflict in the Gulf region, volatile oil prices, trade disruptions and elevated global inflation - is considered as a downside risk for the economy, the Finance Division has warned. In its Monthly Economic Update and Outlook for October 2026, the Finance Div
Petrol has been kept unchanged at Rs377.91 per litre, whereas, High-Speed Diesel (HSD) has slightly up by 85 paise to Rs400.67 per litre from Rs 399.82, despite a drop in the HSD crack spread from USD 41.89 to USD 38 per barrel. The Oil and Gas Regulatory Authority (OGRA) has announced an adjustment in fuel prices effective October 30, driven by rising international market trends and import cos
Hackers stole $6.3 billion from Binance, the world’s largest cryptocurrency exchange, in what analysts say is the biggest crypto hack ever, an attack that could prompt investors to rethink the risks of owning digital assets. The hackers behind the raid were from North Korea, according to US blockchain analysis firms TRM Labs and Chainalysis. The attackers targeted Binance wallets on 10 bloc
The Board of Directors of National Bank of Pakistan (“NBP” or “the Bank”) met to approve the Bank’s interim condensed financial statements for the nine-month period ended September 30, 2026. Operating amid a lower interest-rate environment and following an exceptionally strong comparative 9M period, the Bank reported total income of Rs 193.6 billion and profit after tax of Rs 48.9 billion (earn