October 6, 2026
KSE-100 Closes Up 2,592 Points; Gold Steady at Rs437,536
The benchmark index recovered from an intraday low below 165,700 to settle 1.56 percent higher. Gold held at Rs437,536 a tola after Monday's Rs1,200 rise.
Articles for tag: Bullion, Business Recorder, gold rate, investors, KSE 100, markets, PSX
Pakistani investors face tough choices in 2026
From zero return accounts to crypto and pensions, asset selection will now determine outcomes It will be the first time Pakistan will issue a 30-year euro bond in dollars, but the decision to sell it will depend on the interest rates investors seek. PHOTO: FILE KARACHI: 2025 has been remarkable for many investors in Pakistan. The subcontinent’s long love affair with gold has once again translated into wealth creation for middle and upper income households. Gold continues to serve multiple purposes: a store of value, a hedge against uncertainty, a wedding necessity, everyday jewelry, and for some, a convenient physical
Trading on the PSX turns volatile as investors lock in profits
Trading on the Pakistan Stock Exchange remained volatile on Wednesday as optimism dissipated in the face of rising earnings. This choppy performance came after a sustained rally in recent sessions, prompting investors to adopt a cautious stance. The benchmark KSE-100 started the session on an uptrend, hitting an intraday high of 175,232.90 and briefly breaching the landmark 175,000 level for the first time. However, the momentum could not be sustained. As the session progressed, investors chose to lock in profits, causing a gradual retreat from the day’s highs. As a result, the index fell to an intraday low of 173,564.33
The target faces pressure from activist investors
NEW YORK/BENGALURU: Activist investor Toms Capital Investment Management (TCIM) has made a major investment in Target, the Financial Times reported on Friday, increasing pressure on the beleaguered retailer after years of underperforming rivals. The size of the stake was not disclosed and the report did not specify what claims the New York-based company might present. Shares of Target rose 2.6% on the news. Its stock has lost more than 28% of its value this year after the Minneapolis-based chain posted three straight quarters of declining comparable sales. In August, the retailer appointed veteran executive Michael Fiddelke to reinvigorate growth as
PSX lacks direction as investors weigh renewal week
KSE-100 slips 130 points amid subdued trade ahead of PIA 75% stake offer Trading on the Pakistan Stock Exchange (PSX) moved cautiously on Tuesday, caught in a quiet rhythm as investors weighed the adjustments of the renewal week and awaited clearer signals from the market ahead of bidding for the privatization of Pakistan International Airlines (PIA). The session started on a subdued note, with no fresh energy, resulting in the market moving cautiously. As the day progressed, the KSE-100 index showed a brief glimmer early on, but buying interest quickly faded as investors opted to remain defensive. Mild selling occurred
Pakistan seeks Turkish investors to privatize Discos
Prime Minister Shehbaz Sharif and Alparslan Bayraktar of Turkey, Minister of Energy and Natural Resources witness an exchange of memorandums/agreements between Turkey and Pakistan in the oil sector on December 2, 2025 in Islamabad. — APPLICATION Energy Minister Awais Leghari says bids will be invited soon. The government is preparing to open the first three discos for private investment. Pakistan and Turkey agree to deepen oil and gas cooperation. Pakistan is seeking experienced international private investors, particularly from Turkey, to participate in the upcoming privatization of its electricity distribution companies. Energy Minister Sardar Awais Ahmed Khan Leghari said tenders will
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
Gold remains steady as interest rates fall in the eyes of investors
At current prices, the looted gold is worth about $70 million. PHOTO: PIXABAY KARACHI: Gold prices in Pakistan remained flat on Monday, with the local market seeing gold per tola trading at Rs 428,862. Similarly, 10 gram gold was sold for Rs 367,680, according to the Sarafa Jewelers and Jewelers Association of Pakistan. On Saturday, gold rose by Rs 2,300 to Rs 428,862 per tola. The stability on Monday comes amid support for the global market due to rising expectations of a Federal Reserve rate cut next month and a weaker US dollar. Internationally, spot gold was up 0.6 percent
Selling pressure returns to PSX as political security concerns unsettle investors
After a day of strong markets, the Pakistan Stock Exchange (PSX) saw a sharp reversal on Tuesday as heavy selling gripped the market amid heightened political uncertainty, security fears and regional tensions. The KSE-100 index plunged 3,667.90 points, or 2.27%, to close at 157,870.50. During the session, the index moved between an intraday high of 161,516.75 and a low of 157,765.92, reflecting a volatile trading day dominated by risk aversion. Investor confidence weakened after the Senate passed the 27th Constitutional Amendment by a two-thirds majority, increasing political uncertainty. Reports of terror attacks in Islamabad and Ghana further deepened investor concern,
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
