Oil prices gained on Tuesday as the market steadied after several days of declines, with investors awaiting developments on potential US-Iran talks at the United Nations General Assembly this week. The Brent crude futures November contract gained 22 cents, or 0.22%, to $100.57 a barrel at 0021 GMT. The WTI October contract, which expires on Tuesday, crept up 2 cents, or 0.02%, to $95.8 a b
Gold prices struggled for momentum on Tuesday as expectations of interest rates staying higher for longer weighed on sentiment, with investors awaiting comments from US Federal Reserve officials for policy clues. Spot gold was little changed at $4,344.29 per ounce, as of 0151 GMT. US gold futures steadied at $4,381.80. Bullion is traditionally viewed as a hedge against inflation and geopo
The benchmark KSE-100 Index closed the week at 170,884.59 points, gaining 372.73 points or 0.22% on a week-on-week basis from 170,511.86 points recorded on September 11, 2026. The weekly gain was supported by improved investor sentiment following a moderation in global crude oil prices, easing concerns over potential supply disruptions, and growing expectations of renewed diplomatic engagement
Hi-Tech Lubricants Limited (PSX: HTL) posted a stellar performance for the year ended June 30, 2026, with its consolidated profit after taxation nearly quintupling to Rs472.96m from Rs101.81m in the corresponding period last year. Showing this exceptional bottom-line growth, the company's basic and diluted earnings per share (EPS) expanded to Rs3.40 from Rs0.73 in FY25. The Board of Director
Gatron (Industries) Limited (PSX: GATI) recorded a 75% reduction in its consolidated net loss for the year ended June 30, 2026, with loss for the year narrowing to Rs496.35m from Rs2.01bn in the corresponding period last year. Showing this meaningful improvement, the company's basic and diluted loss per share narrowed to Rs4.56 from Rs18.53 in FY25. The top-line showed healthy growth, with s