Monday, October 26, 2026 · Petrol Rs 377.71 · USD/PKR 277.05 · Gold Rs 424536/tola
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Articles for tag: business, Day, falls, Latest, PSX, speculation

January 10, 2026

News Desk

PSX falls for second day on speculation

Shares. Photo: file KARACHI: Stocks closed lower on Friday as profit-taking in the latest session erased early gains, pushing the benchmark KSE-100 down about 1,130 points to 184,410. Market participants initially maintained a positive stance during the morning trade. However, selling pressure intensified in the second half as investors chose to hold profits ahead of the weekend, resulting in another negative close for CY26. In late trade, the KSE-100 index was down 1,133.34 points, or 0.61%, at 184,409.67. “Market sentiment remained positive during the morning session; however, profit-taking and selling pressures prevailed in the second half, forcing the benchmark to

January 6, 2026

News Desk

Mustafizur Rahman joins PSL after Shah Rukh Khan-owned IPL franchise falls out of favor

Bangladesh ace Mustafizur Rahman in action against Sri Lanka during the T20 World Cup 2024, June 7, 2024. — AFP KARACHI: Bangladesh pacer Mustafizur Rahman has signed up for the upcoming Pakistan Super League (PSL) after being released by Indian Premier League (IPL) side Kolkata Knight Riders, a franchise owned by Bollywood star Shah Rukh Khan, following instructions issued by the Board of Control for Cricket in India (BCCI). The announcement was made by the marquee league through its official social media handles, sharing a banner with the left-arm pacer, who has so far represented Bangladesh in 15 Tests, 116

December 3, 2025

News Desk

PSX falls as investors opt for profit-taking

KARACHI: A volatile session marked trading on the Pakistan Stock Exchange (PSX) on Tuesday, with the benchmark KSE-100 struggling to maintain early momentum. The market opened on a positive note and managed to push the index to the day’s high of 169,289. However, optimism faded steadily as the session progressed and a round of speculation in the final hours dragged the index into negative territory. The index hit an intraday low of 167,446 shortly before the end of trading. The KSE-100 closed at 167,642.28, down 419.92 points or 0.25%. Among major news, Pakistan recorded a trade deficit of $2.9 billion

December 3, 2025

News Desk

Gold falls, rupee rises amid global conditions

Gold and Rupee Trading. KARACHI: Gold prices fell in Pakistan on Tuesday, tracking a decline in international markets, where the metal slipped more than 1 percent as investors took profits after hitting a six-week high in the previous session. In global trade, spot gold was down 1.4 percent at $4,173.91 an ounce by 11:09 a.m. ET (1609 GMT), with markets awaiting key U.S. economic data ahead of the Federal Reserve’s policy meeting next week, according to Reuters. Mirroring the global trend, domestic prices also fell. Gold price per tola fell by Rs 2,700 to Rs 444,162. The price of 10

November 18, 2025

News Desk

Bitcoin falls below $90,000 as traders turn cautious

Not only Bitcoin, the cryptocurrency ether has also been under pressure for months and has lost nearly 40% of its value since its August peak above $4,955. PHOTO: REUTERS Bitcoin fell below $90,000 for the first time in seven months on Tuesday, the latest sign that investors’ appetite for risk is drying up in financial markets. The risk-sensitive cryptocurrency has lost all of its gains this year and is now nearly 30% below its peak of over $126,000 in October. It was last down 1.1% at $92,891 after slipping as high as $89,286.75. About $1.2 trillion has been wiped from

November 12, 2025

News Desk

PSX falls over political and security concerns

KARACHI: After a strong rally a day ago, the Pakistan Stock Exchange (PSX) saw a sharp reversal on Tuesday as heavy selling dragged the benchmark KSE-100 down by 3,668 points. Investors were cautious amid political uncertainty after the Senate passed the 27th Constitutional Amendment by a two-thirds majority. In addition, reports of terrorist attacks added to investor anxiety, leading to broad-based unloading in key sectors. During the session, the index moved between an intraday high of 161,517 and a low of 157,766, before closing at 157,870.50. Auto assemblers, cement, commercial banks, oil and gas exploration, oil trading companies, power generation

November 7, 2025

News Desk

PSX falls as investors consolidate on inflation surprise

Stockbrokers are busy trading at the Pakistan Stock Exchange (PSX) in Karachi on Wednesday, June 4, 2025. — PPI The KSE-100 closed at 161,281.76 points, down 1,521.39 points. The session low was recorded at 161,159.26 points, down 1,643.89 points. The index hit an intraday high of 163,384.95, up 1,643.89 points The stock market fell on Tuesday as investors consolidated positions near the end of earnings season, with a higher-than-expected October inflation print and uncertainty surrounding potential constitutional changes keeping risk appetite in check. The benchmark Pakistan Stock Exchange (PSX) KSE-100 settled at 161,281.76, down 1,521.39 points, or 0.93%, from its

October 27, 2025

News Desk

KSE-100 falls amid refresh week volatility, corporate earnings uncertainty

The market traded within a narrow range, touching an intraday high of 163,570.83 and a low of 161,766.61 Pakistan’s stock market started the week lower, with the KSE-100 index slipping 1,140 points to close at 162,163.81, down 0.70% from the previous session’s close of 163,304.13. The market traded in a narrow range on Monday, hitting an intraday high of 163,570.83 and a low of 161,766.61. Investor sentiment remained fragile due to the Monetary Policy Committee (MPC) meeting, which led to cautious trading and widespread profit-taking, particularly in the energy and manufacturing sectors. KTrade Securities, in its market, noted that the

October 14, 2025

News Desk

Express Entertainment falls new drama ‘Dil Dhoondta Hai Phir Wohi’

A renewed vision, the cordial narrative and a fresh wave of creativity take the central stage. In its commitment to quality programming through its renewed vision to upgrade the platform, Express Entertainment is promoting a unique programming series that promises to provide the public with new and discreet titles. To bring a variety of planning, Express Entertainment operates both with experienced professional drama and emerging producers facing creative challenges with passion and aim to provide quality producers. On Sunday, October 12 Dil Dhoondta Hai Phir Wohi. The event gathered top members of Pakistan’s digital community to deal with the evolving

October 5, 2025

News Desk

Pakistan is ranked second in Turkey among emerging markets, as the default risk falls abruptly: the funding consultant

Pakistan has recorded one of the most intense reductions at risk of default worldwide, emerging as the only country that shows a consistent improvement in the last 15 months, according to Finance Minister Khurram Schehzad. “Pakistan is no longer treated through the lens of deficiency risk,” Schehzad said. “It emerges as a steady, reformed and durable economy,” said Khurram Schehzad, adviser to the Minister of Finance, made the observations on Sunday in a position on X, citing a report from Parachute. He said that Pakistan ranked second place among emerging economies that show the stronger reduction in sovereign probabilities –

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