News

Oil extends decline ahead of US-Iran talks

US crude futures rose slightly on Friday but were on track for their first weekly drop in seven weeks as supply concerns eased, and investors focused on the outcome of US-Iran nuclear talks in Oman later in the day. Brent crude futures rose 25 cents, or 0.4%, to $67.80 a barrel at 0353 GMT, while the US West Texas Intermediate crude was also up 25 cents, or 0.4%, at $63.54 a barrel. The benc

PSX opens positive, KSE-100 Index gains over 1,150 points

Buying continued at the Pakistan Stock Exchange (PSX) on Wednesday, with the benchmark KSE-100 Index gaining over 1,150 points during intra-day trading on Wednesday. At 10:50am, the benchmark index was hovering at 188,067.12, up by 1,166.39 points or 0.62%. On Tuesday, buying momentum continued at the PSX as the KSE-100 Index closed the day higher by 1%. Asian stocks were on shaky ground

Loan rollover helps stocks extend gains

The Pakistan Stock Exchange (PSX) ended Tuesday's trading session on a highly positive note as UAE loan rollover, easing geopolitical worries and buying by local institutions helped extend the market's recovery. There was a reversal of the recent trend, where buyers continued to absorb selling pressure and pushed the KSE-100 index higher by nearly 1,850 points. Concerns over US-Iran tensions, r

Pakistan medical exports to China cross $11.4m

Pakistan's exports of medical, surgical and precision instruments to China exceeded $11.41 million in 2025, reflecting steady expansion in higher-value manufacturing segments, according to data released by the General Administration of Customs of the People's Republic of China (GACC). GACC data showed medical and veterinary instruments and appliances remained the largest export category. Shipme

Gold rebounds Rs24,000/tola

Gold prices in Pakistan rebounded sharply on Tuesday, tracking a strong recovery in the international bullion market after several sessions of steep losses that had rattled investors and traders. In the local market, the price of gold per tola surged by Rs24,000 to settle at Rs514,362, according to rates released by the All-Pakistan Gems and Jewellers Sarafa Association. Similarly, the price of