Trading kicked off at the Pakistan Stock Exchange (PSX) on a positive note amid days of selling pressure, with the benchmark KSE-100 Index gaining over 2,900 points during the opening hours of trading on Wednesday. At 10:40am, the benchmark index was hovering at 176,084.86, following a gain of 2,934.45 points or 1.69%. Buying momentum was observed in key sectors, including automobile assembl
Pakistan recorded a current account surplus of $121 million in January 2026, according to data released by the State Bank of Pakistan (SBP) on Tuesday. However, on a cumulative basis, the country posted a current account deficit of $1.07 billion during July-January FY26, compared to a surplus of $560 million in the same period last fiscal year. During January, Pakistan’s workers’ remittance
The Securities and Exchange Commission of Pakistan (SECP) has released a list of 125 foreign companies - comprising branch and liaison offices - that have been formally wound up as of January 20, 2026. The publication also included data from several preceding years, providing a broader historical record of closures. In this regard, the SECP has issued the names of these companies that closed th
Oil and Gas Development Company Limited (OGDCL) on Tuesday signed a contract with SNF S.A., a French specialty chemical company and world leader in polyacrylamide production, for the installation and operation of advanced Water Injection Systems (WIS) at its Kunnar and Pasakhi oil fields located in Hyderabad district, Sindh. The project is projected to enhance oil production by approximately 9 mil
Asian stocks pushed higher on Wednesday despite the renewed artificial intelligence worries gripping international markets, while oil prices were under pressure after Iran touted progress in nuclear negotiations with the United States. The New Zealand dollar sank after the central bank said monetary policy needs to remain accommodative for some time to support the economic recovery. Japan’s