The Pakistan Stock Exchange (PSX) witnessed a bloodbath sell-off after a recent period of buoyancy and closed on a decisively bearish note on Thursday, with heavy selling pressure dragging the benchmark KSE-100 index down by more than 6,000 points to 182,338. Investors were rattled by escalating tensions in the Middle East and disappointing corporate earnings, which combined to trigger panic-drive
The combined profitability of Pakistan's top 15 state-owned companies decreased last year to a mere Rs622 billion, and there was only one firm with annual profits exceeding Rs100 billion, according to a new report by the Ministry of Finance. The report, which has been approved by a cabinet committee, also pointed out serious flaws in the governance structures of all the public sector companies,
Managing Director and Chief Executive Officer Pak Suzuki Motor Company Limited Hiroshi Kawamura said the company is looking forward to a new auto policy that encourages greater localisation of parts. "Suzuki continues assisting in the development of Pakistani vendor companies so they can meet global standards," Kawamura said while talking to the media at the SME Cluster Expo in Lahore the other
AD Ports Group, a UAE-based logistics company, has agreed to review existing terminal cargo handling charges following Pakistan's demand for a reduction in fees at Karachi Port, aimed at making port operations more competitive and business-friendly. The federal government has constituted a negotiation committee to engage with AD Ports Group on the issue of cargo handling charges. The committee
Pakistan's foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by $13 million during the week ended January 23, 2026, reaching $16.101 billion, according to official data released on Wednesday. The country's total liquid foreign reserves, including commercial banks' net reserves of $5.192 billion, stood at $21.293 billion. Analysts noted that SBP reserves now provide around