News

PSX Closing Bell: Bulls Seal the Deal

The Pakistan Stock Exchange (PSX) closed higher on Wednesday, with the benchmark KSE-100 Index extending its recovery from the previous session's steep losses as investors continued value buying. The benchmark KSE-100 Index concluded Wednesday's trading session at 175,285.78, up 1,766.97 points or 1.02%. The index remained positive throughout the day, touching an intraday high of 176,701.38

Wahdat Poultry expands egg processing with new powder plant

Wahdat Poultry Farm Limited (PSX: WAHDAT) board of directors has approved a proposal to add a powdered-egg processing line, co-located with the company's already-approved liquid pasteurized egg plant. Being co-located, the facility will share existing building, utilities and infrastructure, resulting in cost efficiencies, with the product offering a higher margin and longer shelf life. The i

Pakistan\'s FY26 trade deficit widens 22%

Pakistan's trade deficit widened by 22.0% to $39.62bn in FY26 (July-June 2025-26), compared to a deficit of $32.47bn recorded during the same period of FY25 (July-June 2024-25), according to the latest data issued by the Pakistan Bureau of Statistics (PBS). In rupee terms, the cumulative trade deficit for FY26 stood at Rs11.14tr, as against Rs9.08tr recorded in FY25, showing a rise of 22.75% in

Pakistan\'s FY26 import bill climbs 8.15%

Pakistan's imports during fiscal year 2025-26 (July-June) rose 8.15% in dollar terms to $69.76bn, compared to $64.51bn in the corresponding period of FY2024-25, according to the latest data issued by the Pakistan Bureau of Statistics (PBS). In rupee terms, the increase stood at 8.72%, with the import bill climbing to Rs19.59tr from Rs18.02tr a year earlier. The annual uptick shows sustained

Pakistan\'s textile exports near $18bn in FY26

Pakistan's textile exports grew by 0.26% YoY to $17.93bn in FY26, compared to $17.89bn in FY25, data issued by the Pakistan Bureau of Statistics (PBS) showed. On a yearly basis, textile exports fell 16.71% YoY to $1.27bn in June 2026. On a monthly basis, the exports declined 22.72% MoM, compared to $1.64bn recorded in May 2026. In June 2026, Textile Group products remained the major exporta