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HBL wins ‘Pakistan’s Best Bank 2026’ award by Euromoney

Euromoney Awards for Excellence 2026 has awarded HBL the accolade of ‘Pakistan’s Best Bank’. The Bank has also won ‘Pakistan’s Best Retail Bank’, ‘Pakistan’s Best Bank for Sustainable Finance’, ‘Pakistan’s Best for Capital Markets Advisory’, and ‘Pakistan’s Best Investment Bank for M&A’. Euromoney is a global English-language publication focused on business and finance. These awards are the

Gold slips as oil prices advance, Fed rate-hike voices grow

Gold prices fell on Monday as an escalation in the Middle East war pushed Brent crude above $90 a barrel, heightening inflation concerns as several ​US Federal Reserve policymakers signalled that interest rate hikes may be ‌needed to curb price pressures. Spot gold was down 0.4% at $4,000.55 per ounce, as of 0058 GMT, after hitting a two-week low on Friday and posting a 2.5% weekly loss. ​ U

Oil jumps 3% as US, Iran expand strikes in the Middle East

Oil prices jumped about 3% on Monday, with Brent oil prices surpassing $90 per barrel, as escalating US-Iran hostilities in the Middle East restricted oil shipments through the Strait of Hormuz. Brent crude futures climbed $2.77, or 3.14%, to $90.87 by 0612 GMT, touching the highest since June 11, extending gains after rising 15.9% last week, its biggest weekly gain since April. US West Texa

Negative sentiment at PSX, KSE-100 down over 500 points

Selling pressure was observed at the Pakistan Stock Exchange (PSX) as tensions between the US and Iran escalated further, with the benchmark KSE-100 Index shedding over 500 points during the opening minutes of trading on Friday. At 9:35am, the benchmark index was hovering at 177,562.67, down by 560.89 points or 0.31%. Selling was observed in key sectors, including automobile assemblers, ceme

PSX Closing Bell: Bulls Stay in Control

The Pakistan Stock Exchange (PSX) extended its recovery on Thursday, with the benchmark KSE-100 Index posting another strong gain as investors continued value buying following the previous week's sharp correction. Market sentiment remained upbeat as bargain hunting in fundamentally strong stocks, lifted banking, cement, fertilizer, and power shares. The benchmark KSE-100 Index concluded Thur