July 9, 2026
The KSE-100 index hit an intra-week record of 187,454 points on July 7, capping a sustained rally driven by easing Gulf tensions, macroeconomic stabilisation, and foreign inflows — before retreating 2.48% to 181,629 points the following session. The index has still gained approximately 37% over the past year and closed FY26 as one of the world's best-performing major equity markets.
Listen to the article Wall Street faced another hectic week as US reserves entered the correction ground, with the Nasdaq 100 throwing $ 1 trillion into market value on Monday, marking the steepest reduction of one day than October 2022. The S&P 500 also suffered the worst fortnight in two years, placing weekly losses with back to 3%. Investors’ feeling rushed amidst growing recession fears, combined by former President Donald Trump’s comments that the economy was in a “transition period” and the administration’s warning of short -term financial pain before an expected recovery. The so -called “Bump Trump” has now
Listen to the article Karachi: After reaching a high record in previous sessions, the price of gold per Tola in Pakistan was subjected to a slight correction, reducing by 2,000 Rs due to a reduction in international rates. On Friday, Gold per Tolas was valued at RS307,000 after the reduction, according to the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA). Just a day earlier, on Thursday, the price had risen by RS1,000, hitting a high of all -time RS309,000 in Pakistan. At the global level, gold prices also saw a dip on Friday. According to APGJSA, the world price amounted
A Pakistani stockbroker watches stock prices during a session at the PSX in Karachi on October 17, 2024. — INP The stock market started Wednesday’s session on a positive note, recovering from two consecutive sessions of losses, due to the upward correction. The benchmark Pakistan Stock Exchange (PSX) KSE-100 gained 1,697.54 points, or 1.46%, to hit an intraday high of 117,750.22. “The initial recovery can be attributed to an upward correction from yesterday’s 2,500-point drop and recovery in energy stocks,” Ismail Iqbal Securities managing director Ahfaz Mustafa said. Geo.tv. Another reason for optimism in the market was the expected visit
KARACHI: The Pakistan Stock Exchange (PSX) saw some correction and ended the outgoing week marginally down over 100 points as the upcoming federal budget dampened investor interest, where the sales tax rate may increase and income tax slabs for the salaried category could be reduced for collecting more taxes. Investors were wary of building positions and opted for profit-booking, but later in the week they resorted to big buys in stocks. The week was marked by the abrupt announcement of a public holiday to commemorate Youm-e-Takbeer, the day Pakistan conducted nuclear tests. The finance ministry’s forecast of a sharp fall
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October 26, 2026
The Pakistan Daily
October 26, 2026
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