In a corporate move, Systems Limited, one of Pakistan’s largest software firms, has announced plans to purchase Confiz Pakistan (Private) Limited through a merger The listed software firm shared the development in a Thursday notice to the Pakistan Stock Exchange (PSX). “The Board of Directors of the company, by way of resolutions passed through circulation on December 10, 2025, considered an
Bulls took the driving seat at the Pakistan Stock Exchange (PSX) on Tuesday as the market surged to new highs following approval of $1.3 billion in loan tranches under two different programmes by the International Monetary Fund (IMF). The benchmark KSE-100 index rose 1,153 points, or 0.69%, to reach an all-time high at 169,456. Support came from consistent stock buying by local mutual funds and
Bullish momentum was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index crossing the 170,000 level during the opening minutes of trading on Wednesday. At 9:40am, the benchmark index was hovering at 170,171.82, an increase of 715.44 points or 0.42%. Buying interest was observed in key sectors, including automobile assemblers, cement, commercial banks, oil and gas
Despite what many overseas Pakistanis describe as humiliating behaviour and bureaucratic hurdles at home and abroad, at the hands of fellow countrymen in positions of authority, migrant workers have continued to support the struggling economy with unwavering commitment, sending $16.14 billion in 5MFY26, up 9% year-on-year and nearly $3.3 billion higher than Pakistan's dwindling exports of $12.8 bi
NayaPay, a Pakistani fintech platform, has launched global QR payments in collaboration with Ant International's Alipay+ wallet gateway. According to a statement, the partnership enables NayaPay users to scan and pay at Alipay+ merchants across more than 50 countries. The service connects Pakistani consumers to international payment acceptance in sectors including retail, dining, transport, hea