Pakistan’s state agency the Trading Corporation of Pakistan (TCP) has issued a tender to sell and export 107,739 metric tons of white refined sugar, European traders said on Monday.
Pakistan’s state agency the Trading Corporation of Pakistan (TCP) has issued a tender to sell and export 107,739 metric tons of white refined sugar, European traders said on Monday.
Gold prices nudged lower on Monday as strong US jobs data reinforced expectations for higher interest rates, while market participants awaited key US inflation prints due later this week for further clarity on the Federal Reserve’s policy path. Spot gold was down 0.5% at $4,405.47 per ounce, as of 0211 GMT, after falling 1% on Friday. US gold futures for December delivery were down 0.5% at $
Oil prices extended gains on Monday as tit-for-tat strikes between the US and Iran on vessels sailing in the Strait of Hormuz and other areas heightened concerns of a prolonged supply disruption from the Middle East. Brent crude futures climbed 79 cents, or 0.82%, to $97.07 a barrel by 0512 GMT while US West Texas Intermediate crude was at $92.28 a barrel, up 80 cents, or 0.87%.
Selling pressure was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index shedding over 300 points during the opening minutes of trading on Friday. At 10:30am, the benchmark index was hovering at 174,627.46, down by 302.22 points or 0.17%. Selling was observed in key sectors, including commercial banks, oil and gas exploration companies, OMCs, power generation and
Pakistan's trade deficit narrowed sharply by 19.69% month-on-month (MoM) to $3.17bn in August 2026, compared to $3.95bn in July 2026, as both exports and imports declined during the month, with imports falling at a steeper pace, according to provisional data released by the Pakistan Bureau of Statistics (PBS). On a year-on-year (YoY) basis, however, the trade deficit expanded by 10.38% from $2.