News

Buying rally continues at PSX, KSE-100 up 1,800 points

Buying momentum continued at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 gaining nearly 1,800 points during the opening minutes of trading on Wednesday. At 10am, the benchmark index was hovering at 182,053.72, up by 1,752.02 points or 0.97%. Buying was observed in key sectors, including automobile assemblers, cement, commercial banks, oil and gas exploration companies, OMCs

PSX soars 44pc in FY26: Index likely to cross 200,000-level by Dec

Pakistan’s equity market delivered another stellar year in FY2025-26, with the benchmark KSE-100 Index gaining 44 percent in rupee terms and 46 percent in US dollar terms, as improving macroeconomic stability under the IMF programme continued to bolster investor confidence despite heightened geopolitical volatility during the second half of the fiscal year. According to a year-end market outloo

Pakistan Hotels Developers files plea as winding-up remains incomplete

The winding-up process of Pakistan Hotel Developers Limited has hit another roadblock amid the company’s ongoing litigation and recovery of amounts. The listed company disclosed the development in a notice to the Pakistan Stock Exchange (PSX) on Wednesday. The company said that its liquidators filed an application, JCM No. 38 of 2026, before the High Court of Sindh on June 27, 2026, under Se

KOEN seeks Islamabad’s support as $1bn hydropower projects face uncertainty

South Korea’s state-owned Korea South-East Power Company (KOEN) has urged Pakistan to remove regulatory hurdles holding up nearly $1 billion in planned hydropower investments, citing delays in tariff determination and uncertainty over the country’s future power generation plan. The development came during a meeting between Federal Minister for Commerce Jam Kamal Khan and a delegation of KOEN, h

Finance ministry sees June inflation at 11-12%

Pakistan’s Finance ministry projected on Tuesday the benchmark CPI inflation reading in the range of 11-12% in June 2026 amid declining oil prices in the wake of easing geopolitical tensions. The headline inflation clocked in at 11.7% on a year-on-year (YoY) basis in May 2026, which was the highest reading since June 2024, according to Arif Habib Limited (AHL). In its Monthly Economic Update