Oil prices recovered slightly on Wednesday, after dipping to one-month lows in the previous session amid signs that Ukraine is nearing a peace deal with Russia that would likely lead to the end of international sanctions on Russian supply. Brent crude futures rose 19 cents, or 0.3%, to $62.67 a barrel as of 0114 GMT, while U.S. West Texas Intermediate crude futures gained 14 cents, or 0.24%, to
The Pakistan Stock Exchange (PSX) experienced choppy trading on Monday as the benchmark KSE-100 index struggled to protect early gains and ultimately closed slightly in the red. After a firm start, profit-taking pulled the market down and the index slipped to the intra-day low of 161,241 before midday. It then recouped losses, touching the intra-day high of 162,385 just before close. The KSE-10
Positive momentum returned to the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining nearly 500 points during the opening minutes of trading on Tuesday. At 9:35am, the benchmark index was hovering at 162,464.85, a gain of 480.77 points or 0.30%. Buying interest was observed in key sectors including automobile assemblers, cement, commercial banks, fertiliser, oil and gas
The Securities and Exchange Commission of Pakistan has approved amendments to the Pakistan Stock Exchange regulations aimed at promoting greater market transparency, strengthening investor protection, and developing a robust Shariah-compliant capital market ecosystem. The approved changes require PSX to publicly disclose all disciplinary actions taken against listed companies on its website. Th
Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has proposed the establishment of a formal cooperation framework between Pakistan National Shipping Corporation (PNSC) and Bangladesh Shipping Corporation to deepen maritime collaboration between the two countries. The proposal, presented during a meeting in London with Dr M Sakhawat Hussain, Adviser for Shipping of Bangladesh