President Asif Ali Zardari is set to address a joint session of Parliament today, marking the start of the second parliamentary year. Upon his arrival at Parliament House, he will be formally received by the Speaker of the National Assembly and the Chairman of the Senate. Strict security measures have been implemented for the session, […]
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PSX rides bullish momentum, surging over 600 points in early trading.
Pakistan Stock Exchange (PSX) maintained bullish trend in the early trading on Friday as the benchmark KSE-100 Index gained 647 points. At 9:45 the market stood at 114,361.08 points with a positive change of 0.57%. On Thursday, PSX turned around to bullish trend, gaining 1,459.42 points, a positive change of 1.30 percent, closing at 113,713.18 […]
‘Terrorist’ Sharifullah confesses to role in deadly 2021 Kabul airport attack
A Daesh operative who allegedly helped carry out the 2021 suicide bombing outside Kabul airport during the chaotic US military withdrawal from Afghanistan appeared in a Virginia court on Wednesday. Mohammad Sharifullah has confessed to scouting out the route to the airport, where the suicide bomber later detonated his device among packed crowds trying to […]
Saudi Arabia, UAE, and others deport 93 Pakistanis in 48 hours
In the last 48 hours, 93 Pakistanis have been deported from 10 countries, including Saudi Arabia, Malaysia, Singapore, and Morocco, with six individuals placed on a blacklist. According to Geo News, citing immigration sources, Saudi authorities deported four blacklisted individuals, one person due to an expired visa, and 24 others for violating their work contracts. […]
PSX opens in green, gains 113 points in early trading
The Pakistan Stock Exchange (PSX) started the week on a positive note, opening in green on Monday and gaining 113.33 points to reach 113,364.99, up from 113,251.66 in the previous session. On Friday, the PSX 100-Index had declined by 532.64 points, marking a 0.47% drop, closing at 113,251.67 compared to 113,784.31 in the prior session. […]
PM Sharif pays tribute to armed forces on 6th anniversary of ‘Operation Swift Retort’
On the sixth anniversary of Operation Swift Retort, Prime Minister Shehbaz Sharif on Thursday honored the professionalism, bravery, and sacrifices of the Pakistan Armed Forces, reaffirming the nation’s unwavering commitment to defending its sovereignty. In a statement marking the occasion, the premier reflected on the events of February 27, 2019, when the Pakistan Air Force […]
Bears take charge at PSX as KSE-100 index drops by 50 points
The Pakistan Stock Exchange (PSX) witnessed a bearish trend on Wednesday morning, with the benchmark KSE-100 Index falling by 49.78 points. By 11 a.m., the market stood at 114,478.30 points, marking a 0.04% decline from the previous session’s closing of 114,528.08 points. The trading day started on a positive note, with the index surging […]
PSX opens in green as KSE-100 index surges over 1,200 points
The Pakistan Stock Exchange (PSX) opened on a positive note on Tuesday, with the KSE-100 index soaring 1,259 points within minutes, marking a 1.09% increase. As of 9:42 AM, the index stood at 115,589.29 points. On Monday, the market witnessed a strong recovery as the KSE-100 index gained 1,529 points, closing at 114,330.10 points, up […]
PSX opens week on a cautious note as investors await IMF review
The Pakistan Stock Exchange (PSX) kicked off the new trading week on a cautious note, with investors engaging in broad profit-taking amid the absence of fresh positive triggers. Despite the ongoing corporate earnings season, market sentiment remained subdued, as results so far have failed to provide a strong boost. Concerns over declining cement prices and […]
IMF: Pakistan’s debt burden worsened by revenue shortfalls
International Monetary Fund (IMF) Resident Chief in Pakistan Mahir Binici has linked Pakistan’s existing economic challenges due to debt burden to Islamabad’s inability to generate revenues up to the potential, The News reported on Friday. “There is a higher burden of taxation on the formal sector,” the IMF official said while speaking at a conference on “Retail Reimagined: […]