Gold rose for a third straight session on Tuesday to its highest in more than two months, while investors focused on upcoming inflation data for clues on the US interest-rate outlook. Spot gold climbed 1% to $4,432.74 per ounce by 0217 GMT, hitting its highest level since June 5. U.S. gold futures rose 1.7% to $4,492.60. The move “is being driven by a degree of FOMO (fear of missing out)
Oil prices steadied on Tuesday at more than one-week highs amid fading hopes of a deal between the US and Iran to end their war and reopen the Strait of Hormuz, after President Donald Trump demanded compensation for damage the US has incurred. Brent crude futures were flat at $87.81 a barrel by 0013 GMT, while US West Texas Intermediate crude futures held at $82.20 a barrel. Both benchmar
Buying interest returned at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining over 400 points during the opening minutes of trading on Monday. At 9:50am, the benchmark index was hovering at 181,880.56, up by 450.54 points or 0.25%. Buying was observed in key sectors, including automobile assemblers, cement, commercial banks, oil and gas exploration companies, OMCs a
The benchmark KSE-100 Index closed the week ended August 7, 2026, at 181,430.02 points, gaining 5,335.90 points, or 3.03%, on a week-on-week basis from 176,094.12 points recorded on July 31, 2026. The Pakistan Stock Exchange (PSX) extended its bullish momentum during the week, with the benchmark KSE-100 Index registering another strong advance as broad-based buying supported overall market sent
Lucky Cement Limited (PSX: LUCK) reported a 14% increase in its consolidated net profit for the fiscal year ended June 30, 2026, reaching Rs96.46bn compared to Rs84.50bn in FY25. Alongside the financial results, the company announced a cash dividend of Rs5 per share, which is the highest ever dividend and profit. Reflecting this solid bottom-line growth, consolidated basic and diluted earnin