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PSX falls 133 points in choppy trading

Trading remained choppy on Wednesday at the Pakistan Stock Exchange (PSX) as the market struggled to find clear direction amid a mix of positive economic developments and sector-specific concerns. The benchmark KSE-100 index ended slightly in the red, reflecting investor caution and a consolidation phase following the recent upside. The index oscillated between the intra-day high of 171,393 and

Strong buying at PSX, KSE-100 up over 1,100 points in early trade

Bullish momentum was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 gaining over 1,100 points during the opening minutes of trading on Thursday. At 9:50am, the benchmark index was hovering at 171,455.35, an increase of 1,141.50 points or 0.67%. Buying was observed in key sectors, including cement, commercial banks, oil and gas exploration companies, OMCs, power gen

Government asks ADB for power debt support

Federal Minister for Power Division Sardar Awais Ahmed Khan Leghari has sought the Asian Development Bank's (ADB) support in addressing power sector debt repayment challenges and in building confidence among private investors. According to an official statement issued on Wednesday, Leghari met with a delegation of the ADB led by Leah Gutierrez, Director General, Central and West Asia Department.

Consumer confidence falls in Pakistan amid rising prices, unemployment

Consumer confidence in Pakistan fell sharply in the first quarter of FY2025–26, reflecting caution among households even as overall sentiment remains stronger than last year. The Consumer Confidence Index dropped to 86.4 from 96.2 in the previous quarter, a decline of 10.2%. Compared to the same period last year when it stood at 72.9, the index is up 18.5%, indicating that broader stabilization is

Goods transporters’ strike chokes trade as containers pile up at ports

The 10-day-long strike by goods transporters has brought import and export activities to a halt, leading to a buildup of imported containers at ports. However, spokesmen for Karachi Port and Port Qasim have stated that port operations are continuing as normal and there has been no disruption to the arrival and departure of ships. In contrast, All Pakistan Customs Agents Association Chairman