The shareholders of Sindh Bank have approved the Annual Audited Financial Statements for the year ended December 31, 2025, at the Annual General Meeting held on March 30, 2026. The Bank reported its record high Profit Before Tax of Rs6.37 billion, more than double (i.e. 155 percent increase) from previous year driven by resilient margin and robust growth in deposits and advances both touching new
Oil prices extended gains on Tuesday as US President Donald Trump heightened his rhetoric against Iran, threatening stronger action if the country fails to reopen the Strait of Hormuz, a key global oil transit chokepoint. Brent crude futures rose 57 cents, or 0.5%, to $110.34 a barrel by 1202 GMT, while US West Texas Intermediate crude futures were up $1.26, or 1.1%, at $113.67. Trump, has
Selling pressure was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index shedding over 1,000 points during the opening minutes of trading on Monday. At 9:50am, the benchmark index was hovering at 149,361.13, down by 1,037.58 points or 0.69%. Selling was observed in key sectors, including automobile assemblers, cement, commercial banks, oil and gas exploration comp
Oil prices rose, bonds fell and stocks were mixed at the start of trading in Asia on Monday as US President Donald Trump vowed “hell” if Tehran does not meet his deadline to reopen the Strait of Hormuz. Trump’s repeated threats to destroy civilian infrastructure including power plants and bridges if the vital waterway is not open by Tuesday have put traders on edge for reciprocal attacks by I
The dollar was steady on Monday, while the yen flirted with the crucial 160 per dollar level as nervous investors took stock of the escalating Iran war, with all eyes on the latest deadline from US President Donald Trump to reopen Strait of Hormuz. In an expletive-laden Easter Sunday social media post, Trump threatened to target Iran’s power plants and bridges on Tuesday if the strategic wate