The Pakistan Stock Exchange (PSX) crossed the historical milestone of 170,000 points on Wednesday, but it could not hold the fresh peak and fell gradually to close trading on a flat note. Investors were inclined to book profits at significantly higher valuations of equities, which dragged the market down from the intra-day high of 170,698 earlier in the session to the intra-day low of 169,239 t
The record-breaking performance of the Pakistan Stock Exchange (PSX) is drawing companies back to equities, setting up what bankers say could be a banner year for initial public offerings (IPOs) in 2026, reported Bloomberg on Wednesday. According to the report, two of Pakistan’s leading investment banks — Arif Habib Ltd. and Ktrade Securities Ltd. — have a combined pipeline of 16 IPOs over the
The State Bank of Pakistan (SBP) raised a combined Rs1.172 trillion through its latest treasury bill and Pakistan Investment Bond (PIB) floater auctions, surpassing the Rs1.1 trillion aggregate target as robust bidding, totalling more than Rs2.45 trillion, drove a slight easing of yields and underscored investor confidence in a steady monetary policy landscape. The T-bill auction alone fetched
Despite the disruption caused by mid-year floods, Pakistan's growth outlook for both fiscal year 2025 and 2026 has been upgraded by the Asian Development Bank (ADB), as indicated in its latest report released on Wednesday. The Asian Development Outlook (ADO) December 2025 noted that, despite the challenges posed by June floods, Pakistan's economy grew 5.7% in the fourth quarter of FY25. The rep
A recent survey by Kaspersky in the Middle East, Turkiye and Africa (META) region, titled "Cybersecurity in the workplace: Employee knowledge and behaviour", found that just 41% of professionals in Pakistan received training on digital threats. The knowledge gap is significant, particularly as the majority of cybersecurity breaches are attributed to human error. The findings underline the need