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Articles for tag: ahead, bullish, continues, Earnings, PSX, streak, tops, week

January 2, 2026

News Desk

Bullish streak continues as PSX tops 179,000 ahead of earnings week

A broker talks on the phone as he looks at an indicator board showing the latest stock prices on the PSX in Karachi on February 10, 2023. — AFP The stock market opened on the front foot on Friday, breaching the 179,000 mark for the first time and setting a fresh all-time intraday high, as investors braced for next week’s earnings, rupee gains and speculation on further policy easing by the State Bank of Pakistan (SBP) after a softer December Consumer Price Index (CPI) print. The benchmark Pakistan Stock Exchange (PSX) KSE-100 climbed to an intraday high of 179,016.88, gaining

December 24, 2025

News Desk

Influencers Are Showstoppers At ‘Bridal Couture Week’ And The Internet Is Divided

The choice to use content creators has sparked discussions about professionalism, delivery and digital reach HUM Bridal Couture Week was held in Lahore this week, but the discussions this season extended beyond the collections to the people selected for the final walk. Along with film and TV celebrities like Saba Qamar and Mawra Hocane, for the first time, high-profile content creators Ken and Jannat Mirza also appeared as presenters of major designers. This has sparked debate on social media about whether these roles should belong to trained runway models or public figures who attract large online audiences. Critics argue that

December 23, 2025

News Desk

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

December 20, 2025

News Desk

Pakistan’s ‘Bridal Couture Week’ kicks off in Lahore

The first day of the event highlighted creamy neutrals, flowing cuts and experimental menswear THE 23rd HUM Bridal Couture WeekPakistan’s biggest bridal fashion showcase, kicked off in Lahore on Friday, marking the first day of the three-day event. Produced by HUM TV Networkthe platform brings together established and up-and-coming designers who showcase top bridal collections and set the tone for the upcoming wedding season. The first day showcased collections by designers including HENAE, Sameer Sain, NIZKA by Nida Rehan and Fahad Hussayn. Other fashion houses showcased during the event include Asifa Nabeel and Fais Couture, reflecting a blend of classic

December 19, 2025

News Desk

Earnings surge ahead of renewed week pulls PSX into red

The Pakistan Stock Exchange (PSX) ended Friday’s session in the red as investors resorted to profit-taking ahead of the upcoming recycling week, despite the benchmark touching a fresh intraday all-time high earlier in the day. “The PSX had a day of profit taking today as the market headed into the renewal week starting on Monday,” said Ali Najib, Deputy Head of Trading at Arif Habib Ltd. The KSE-100 closed at 171,405 points, down 556 points or 0.32%. The day unfolded in two distinct phases. In the morning session, the market extended yesterday’s upward momentum and recorded a new all-time intraday

December 1, 2025

News Desk

Tajikistan says five Chinese nationals killed in cross-border attacks from Afghanistan last week

A border guard stands on a bridge to Afghanistan across the Panj River at the Panji Poyon border post, south of Dushanbe, Tajikistan, May 31, 2008. — Reuters China advises companies and personnel to evacuate the border area. The embassy says Chinese citizens were targeted in an armed attack on Sunday. Another border attack on Friday killed three civilians: the embassy. Five Chinese nationals were killed and five others wounded in Tajikistan in attacks launched from neighboring Afghanistan last week, Tajik authorities and the Chinese embassy in the Central Asian country said on Monday. China’s embassy in Dushanbe, the capital,

November 28, 2025

News Desk

Sri Lanka floods, landslides kill 40, 21 missing after week of torrential rains

Sri Lanka’s northeast monsoon has intensified due to depression east of the island, officials said More than 425 houses were damaged by the landslides, with more than 1,800 families moving to temporary shelters. PHOTO: AFP Floods and landslides triggered by heavy rain have killed at least 40 people and injured 10 in Sri Lanka this week, with 21 others missing, authorities said Thursday. Most of the deaths occurred in the central tea estate of Badulla, where 21 people were buried alive when mountainsides fell on their homes overnight, the Disaster Management Center (DMC) said in a statement. Four others were

November 16, 2025

News Desk

PSX ends the week strong despite regional tensions

KARACHI: Pakistan’s stock market extended gains over the coming week despite heightened geopolitical tensions, with specific sectors helping to offset worries over Islamabad-Kabul friction and regional uncertainty. On a daily basis, after three consecutive sessions closed below 160k, the Pakistan Stock Exchange (PSX) regained the 160k-170k consolidation zone on Monday as the benchmark KSE-100 closed at 161,538 (+1,946 points, or 1). However, the market turned negative on Tuesday as deteriorating security conditions weighed heavily on investor sentiment. The index stood at 157,871, losing 3,668 points, or 2.27%. After a turbulent previous session, the stock market saw a clash of bulls

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 26, 2025

News Desk

Dubai property transactions reach Rs 1.45 trillion in a week

The property under construction is located near Dubai Marina, September 27, 2011. — Reuters DUBAI: Dubai’s real estate market saw transactions worth AED 19 billion (nearly Rs 1.45 trillion) last week, the Dubai Land Department said, covering 5,375 deals across the emirate. Of the total, 4,034 sales were valued at AED 11.8 billion (Rs 901.7 billion), 910 mortgage deals totaled AED 4.4 billion (Rs 336.6 billion) and 215 gift transactions totaled AED 2.7 billion (Rs 206.6 billion). Weekly sales included 345 land deals, 3,477 home sales and 212 building sales, while mortgages included 222 on land, 853 on homes and

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