Seeking to capitalise on the ongoing FIFA World Cup 2026, one of the world’s biggest sporting events, Pakistan has begun using the football tournament as a platform to market its export-oriented football industry, with officials planning a series of promotional campaigns in Uzbekistan to generate new business opportunities. According to a statement released on Thursday, Pakistan’s world-class f
Gold rose on Friday and was headed for its first weekly gain in five, as investors dialled back expectations of Federal Reserve interest rate hikes following softer-than-expected US jobs data. Spot gold was up 0.5% to $4,144.83 per ounce, as of 0052 GMT, rising to its highest level since June 23. US gold futures for August delivery gained 0.8% to $4,157.50. Bullion was on track for a weekl
Oil prices rose slightly on Friday before a long holiday weekend in the US as wary optimism held over efforts to make peace in the Middle East between the United States and Iran. Brent futures were up 17 cents, or 0.24%, to $72.10 a barrel as of 0155 GMT. West Texas Intermediate was up 14 cents, or 0.20%, to $68.83 a barrel. US markets will close on Friday ahead of the US Independence
There was no stopping the bulls at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining over 1,600 points during the opening hours of trading on Thursday. At 11:35am, the benchmark index was hovering at 185,707.10, up by 1,657.00 points or 0.90%. Buying interest was observed in key sectors, including commercial banks, fertiliser, oil and gas exploration companies and p
Pakistan's benchmark KSE-100 Index has posted the strongest three-year and five-year US dollar returns among 14 major regional and emerging-market indices, according to the Pakistan Stock Exchange (PSX). This indicates the depth of the rally that has powered the local equities since 2023. Data compiled as of June 30, 2026, show that the KSE-100 delivered a compound annual growth rate (CAGR)