The Pakistan Stock Exchange (PSX) opened the week on Monday with renewed optimism and rose to a record high above 170k, reflecting the extension of bullish momentum from the previous week. Investors remained somewhat upbeat ahead of the monetary policy announcement later in the day, when the central bank unexpectedly cut its policy rate by 50 basis points. The rally was largely driven by buying
Bulls continued to make further inroads at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining nearly 800 points during the opening minutes of trading on Tuesday. At 9:35am, the benchmark index was hovering at 171,513.01, a gain of 771.67 points or 0.45%. Buying interest was observed across the board in key sectors, including automobile assembler, cement, fertiliser,
Federal Minister for Petroleum Ali Pervaiz Malik held a meeting in Kuwait with Tariq Sulaiman Al-Roumi, Minister of Oil of the State of Kuwait, to discuss matters of mutual interest and strengthen bilateral cooperation in the petroleum sector. According to an official statement on Monday, the meeting was also attended by Sheikh Nawaf Al-Sabah, Chief Executive Officer of Kuwait Petroleum Corpora
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has said Pakistan is no longer seeking aid-based support and is shifting decisively towards trade- and investment-led engagement to secure long-term economic sustainability and mutually beneficial partnerships, especially with Gulf Cooperation Council (GCC) countries. In an interview with CNN Business Arabia, he said this strat
As digital payments reshape financial systems across emerging markets, Pakistan is undergoing one of the most significant transitions in its financial landscape. Speaking to The Express Tribune, JazzCash International Chairman and Veon Group Executive Committee Member Aamir Ibrahim said fintech solutions have become essential in countries where traditional banking has historically struggled to