News

Pakistan power generation grows 7% YoY; fuel cost climbs 38% in July

Power generation in Pakistan reached 15,112 GWh in July 2026, up 7% YoY from July 2025. Back in July 2025, power generation stood at 14,123 GWh. The generation is the “second-highest for any July month, amid the highest-ever hydel, local coal and imported coal generation,” said Arif Habib Limited (AHL) in a note on Tuesday. On a monthly basis, power generation improved by 13% from 13,431 GWh

Gold extends gains on easing rate-hike fears, markets await Fed minutes

Gold rose for a third straight session on Tuesday as ‌fears of a US interest rate hike next month eased, with investors awaiting minutes from the Federal Reserve’s latest meeting for fresh clues on the monetary policy path. Spot gold ​was up 0.2% at $4,424.28 per ounce by 0130 GMT, while US ​gold futures for December delivery edged 0.2% higher to $4,480.90. The US dollar ⁠lingered around mul

Oil climbs as fading US-Iran peace hopes raise supply risks

Oil prices rose on Tuesday as prospects receded for a deal to end the Middle East war, with Iran saying it would adopt a more offensive stance and the United States ruling out extension of a ceasefire deal, heightening worries about energy supply. Iran will shift to a “fully offensive”military postureas efforts have stalled towards a permanent end to the war, a senior Iranian official told Reut

PSX: Stocks maintain upward momentum, KSE-100 up 500 points

Buying interest was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining over 500 points during the opening minutes of trading on Thursday. At 9:45am, the benchmark index was hovering at 180,864.26, up by 553.05 points or 0.31%. Buying was seen in key sectors, including cement, commercial banks, fertiliser, OMCs and power generation. Index-heavy stocks, inc

PSX Closing Bell: Bulls Triumph

The Pakistan Stock Exchange (PSX) closed Wednesday's session higher, with the benchmark KSE-100 Index gaining 465 points as buying interest in oil & gas exploration, cement, power, and selected banking stocks helped lift the market. The positive momentum came as investors accumulated stocks across key sectors, with strength in exploration companies providing the biggest support to the benchmark