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Articles for tag: business, buying, CY26, higher, Latest, macros, PSX, push

January 11, 2026

News Desk

Buying CY26, macros push PSX even higher

Shares of 324 companies were traded. At the end of the day, 90 stocks closed higher, 211 declined and 23 were unchanged. PHOTO: FILE KARACHI: Pakistan’s equity market opened the new year on a strong footing as the benchmark KSE-100 extended its upward momentum for a second week, climbing 5,375 points, or 3% week-on-week (WoW), to close at 184,410. The rally was fueled by renewed buying in heavyweight stocks amid improved market participation, supportive macro indicators and positive company-specific developments, while softening yields in the latest bill auction and strong remittances further boosted investor sentiment. On a daily basis, the

January 6, 2026

News Desk

Interest rate cut hopes drive PSX higher

Shares of 345 companies were traded. At the end of the day, 75 stocks closed higher, 254 declined and 16 remained unchanged. PHOTO: FILE KARACHI: In a strong rally, the Pakistan Stock Exchange (PSX) on Monday soared to a new high above 182,400, up 3,373 points, on expectations of further monetary easing and macroeconomic stability. During the session, the benchmark KSE-100 touched an intraday high of 183,964, while the intraday low was recorded at 179,535, reflecting healthy activity. Buying interest was mainly seen in key sectors such as fertilizers, cement, commercial banks and oil and gas companies. Investor sentiment was

January 5, 2026

News Desk

Trump warns India of higher tariffs on oil purchases from Russia

US President Donald Trump meets with Indian Prime Minister Narendra Modi at the White House in Washington, DC, US on February 13, 2025. — Reuters We can raise tariffs on them [India] very quickly: president of the usa. President Donald Trump says it was “important to make me happy.” It also reiterates the stance of annexing Greenland to Denmark. NEW DELHI/COPENHAGEN: The United States could raise tariffs on India if New Delhi does not comply with Washington’s demand to curb purchases of Russian oil, President Donald Trump told reporters on Air Force One. “Monty […] I knew I wasn’t happy

January 1, 2026

News Desk

PSX opens 2026 higher as KSE-100 breaks 176,000 mark for first time

A stockbroker is busy trading at the Pakistan Stock Exchange (PSX) in Karachi on Tuesday, July 1, 2025. — PPI The stock market rallied on Thursday, opening 2026 on a firmer footing and breaching the 176,000 mark for the first time, after an upbeat monthly outlook by the Ministry of Finance (MoF), new capital allocations for the new year and continued privatization momentum improved risk appetite. The benchmark Pakistan Stock Exchange (PSX) KSE-100 climbed to an intraday high of 176,132.52, a new all-time intraday high, gaining 2,078.2 points, or 1.19%, from its previous close of 174,054.32. It hit a low

October 8, 2025

News Desk

The study finds that women have a higher genetic risk of depression

A woman’s silhouette stands at the end of a dark corridor, reflecting the isolation and gravity they often feel in depression. -AFP/file Women are at genetically higher risk of clinical depression than men, Australia’s researchers found in a study published Wednesday that could change the way the disorder was addressed. They were charged as one of the largest studies of this kind, scientists ran through DNA about 200,000 people with depression to identify common genetic flags. Women had almost twice as many as these genetic indicators associated with depression as men, according to the project led by Australia’s Institute of

September 1, 2025

News Desk

Indians commit higher sexual offenses in UK: Govt Report

The police film describes a perimeter on Maple Street near a tribute to the victims of a knife attack on Southport, August 2, 2024. – Reuters London: Indian nationals have emerged as nationality with the highest percentage increase in convictions for sexual offenses in the United Kingdom in the midst of a broader increase in foreigners convicted of such crimes in the last four years in the country, according to the CMC. The Think Tank, quoting data from the United Kingdom Ministry, stated that Indian nationals’ beliefs increased by 257% between 2021 and 2024, even when total foreign national convictions

August 2, 2025

News Desk

Gas, sugar and footwear drive annual spi higher

Listen to the article Karachi: The sensitive price index (SPI) recorded a 1.98% increase for the week ending the week ending July 31, 2025, reflecting mixed trends in basic products. Remarkable price increases were observed in natural gas, sugar, pulses, beef and vegetables, while non -foods such as ladies’ sandals recorded the largest increase of 55.62%. On the basis, natural gas charges for the first trimester increased by 29.85%, 21.66%sugar, Moong pulse 14.27%, beef 14.16%, 2.5kg GHEE vegetables 12.33%, 1kg of ghee 11.95%, firewood 11.75%, GUR 11.23%, 10.94%. On the contrary, there was a large decrease in onion prices (-49.32%),

July 28, 2025

News Desk

PSX ends moderately higher but could not keep a level of 140k

Listen to the article Karachi: The Pakistan Stock Exchange (PSX) closed average higher on Monday, as the KSE-100 reference index increased by 172.77 points or 0.12%to close to 139,380.06. Although crossing the mark of 140,000 during early trade, the profit in the banking sector blue chip pulled the index below the end of the meeting. Arif Habib, a limited deputy head of the Ali Najib negotiation, noted that the PSX again tried to pass the sign of 140,000, but in vain as the KSE-100 index ended at 139,380 points. He points out that the session reiterated in an inflatable note

April 25, 2025

News Desk

Stocks constant after early losses, end higher in investor durability

A broker talks on the phone as he examines an index board showing the latest shares at PSX in Karachi on February 10th 2023. – AFP Analysts say that attention will prevail until the risks of escalation become clearer. Volatility increases after India’s unjustified response to Iiojk attack. The index hit the low of 113,716.60, marking a drop of 1,303.21 points. Stocks closed in a positive note on Friday, ignoring huge early losses in an extremely irregular session, as the feeling of investors remained durable amid continuing geopolitical tensions and economic uncertainty. The Pakistani Stock Exchange (PSX) reference index increased

January 6, 2025

News Desk

when higher taxes reduce revenue

Listen to the article BRUSSELS: The Laffer curve has its roots way back in time. the Muslim philosopher Ibn Khaldun wrote in his 14th century work The Muqaddimah: It should be known that at the beginning of the dynasty, taxation yielded large revenues from small assessments. At the end of the dynasty, taxation yields small revenues from large assessments (Ibn Khaldun, The Muqaddimah, 1381). The basic idea behind the Laffer curve is the relationship between tax rates and tax revenue. Changes in tax rates have two effects on revenue: the numerical effect and the economic effect. The mathematical result is

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