The Pakistan Stock Exchange (PSX) has partnered with the United Kingdom’s MOBILIST programme to mobilise private investment for sustainable development and climate transition projects in Pakistan. Under the partnership, MOBILIST will work with PSX’s network of issuers and market intermediaries to identify products eligible for support, including initial public offerings (IPOs) and new listed pr
Pakistan Cables Limited’s board has approved the sale of its 17% stake in Chinoy Engineering & Construction (Private) Limited (CECL) to the company for approximately Rs350 million. PCAL informed the Pakistan Stock Exchange today. It said that it currently held 4,845,000 ordinary shares of Rs10 each in CECL, representing 17% of CECL’s issued and paid-up share capital. “CECL has offered to
Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $19 million to $17.12 billion during the week ended August 28, 2026. In its weekly reserves statement, the SBP said the country’s total liquid foreign exchange reserves stood at $22.53 billion as of August 28, 2026. Of these, commercial banks held $5.41 billion in net foreign exchange reserves. “During the week e
Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $19 million to $17.12 billion during the week ended August 28, 2026. In its weekly reserves statement, the SBP said the country’s total liquid foreign exchange reserves stood at $22.53 billion as of August 28, 2026. Of these, commercial banks held $5.41 billion in net foreign exchange reserves. “During the week e
Pakistan’s trade deficit increased by 18.11 percent during the first two months (July to August) of the current fiscal year 2026-27, rising from around USD6.025 billion in the same period of last fiscal year to USD7.116 billion, according to a summary of merchandise trade statistics released by the Pakistan Bureau of Statistics (PBS) on Thursday. The country’s total imports reached USD12.575 bi