Gold prices ticked lower in a low-liquidity market on Thursday, after a more than 2% gain in the previous session, pressured by a firm dollar ahead of key US inflation data that could influence the Federal Reserve’s interest rate-cutting trajectory. Spot gold fell 0.2% to $4,968.10 per ounce by 0315 GMT. US gold futures for April delivery were down 0.4% at $4,987.60. “Gold is in a consoli
Oil prices eased in early Asia trade on Thursday, following the previous day’s 4% jump, as investors assessed efforts by the U.S. and Iran to resolve tensions while both sides have stepped up military activity in the key oil-producing region. Brent futures fell 12 cents, or 0.2% to $70.23 a barrel by 0110 GMT, while US West Texas Intermediate (WTI) crude slipped 8 cents, or 0.1%, to trade at $6
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