KARACHI – Investor confidence returned to the Pakistan Stock Exchange (PSX) on Friday after news of renewed peace efforts between Pakistan and Afghanistan. The benchmark KSE-100 Index jumped 4,898.86 points, or 3.13%, to close at 161,631.73. Market participants welcomed the news as a sign of easing regional tensions. Buying activity was strong across major sectors, […]
Pakistan-Afghanistan Ceasefire
China backs Pakistan-Afghanistan ceasefire, urges lasting peace
China has voiced support for the 48-hour ceasefire between Pakistan and Afghanistan. The Chinese Foreign Ministry urged both countries to exercise restraint and work toward lasting peace. The statement came after Islamabad and Kabul agreed to a short-term truce aimed at reducing tensions along their border. Foreign Ministry spokesperson Lin Jian said China encourages both […]