News

Strong buying lifts KSE-100 Index by over 1,750 points in early trade

Buying momentum continued at the Pakistan Stock Exchange (PSX) on Tuesday, with the benchmark KSE-100 Index climbing more than 1,750 points in early trading. Buying was seen in automobile, cement, chemical, banking, fertiliser, pharma, tech, and OMC sectors. At 10:15am, the KSE-100 Index was hovering at 186,813.16, up by 1755.33 points or 0.95%. On Monday, the PSX witnessed volatile trading,

Asian stocks up, gold bouncing back in calmer trade

Gold and Asian stocks were on the rebound on Tuesday as trade took a calmer tone after wild swings in metals markets, with the mood helped overnight by a sharp jump in US factory activity. Japan’s Nikkei jumped 2.5% to recoup Monday losses and South Korea’s KOSPI rose 4%. Futures pointed to a recovery in Hong Kong while S&P 500 futures were up 0.3% with traders eyeing a busy few sessions of ear

Dec CPI inflation stands at 5.6pc YoY

Consumer Price Index-based inflation stood at 5.6 per cent on a year-on-year (YoY) basis in December 2025, compared to 6.1 per cent in the previous month and 4.1 per cent in December 2024, according to the Pakistan Bureau of Statistics (PBS). Data released by the PBS on Monday further showed that on a month-on-month (MoM) basis, CPI declined by 0.4 per cent in December 2025, compared to an incr

Textile Mills Association for adjusting super tax liability against pending refunds

All Pakistan Textile Mills Association (APTMA) has urged the FBR to adjust the Super Tax liability following the recent decision of the Federal Constitutional Court against outstanding Sales Tax, Income Tax and other refunds pending for payment by the government to manufacturers and exporters for years. APTMA Chairman Kamran Arshad said that the industry, especially the export-oriented textile

Shipping agents and freight forwarders: APPMA slams ‘illegal’ charges, FBR ‘inaction’

All Pakistan Paper Merchants Association (APPMA) has accused shipping lines, agents, and freight forwarders of imposing multiple illegal charges on importers while criticizing the Federal Board of Revenue (FBR) for failing to take action against these practices. In a letter to Daily Business Recorder, Muhammad Anis, Senior Vice Chairman, APPMA, outlined what he described as exploitative practic