Business
Pakistan Banks Expected to Report Lower Q2 2026 Profits
Meezan Bank Challenges Presidential Order Over Rs. 216,000 Refund in IHC
A customer has claimed that Meezan Bank has challenged a presidential order directing the bank to refund Rs. 216,000 by filing a petition in the…
Pakistan’s Top Mufti Declares Crypto Trading Haram in New Fatwa
Pakistan’s prominent Islamic scholar, Mufti Muhammad Taqi Usmani has declared cryptocurrency trading impermissible (haram) under Islamic law in a new religious ruling (fatwa) issued in June 2026.…
Pakistan Stock Market Investor Accounts Jump 48% to Record High in FY2025-26
Pakistan’s capital market recorded its highest-ever annual growth in investor accounts during Financial Year 2025-26, with the number of stock market investors increasing by 48%,…
Govt Increases OGDCL Stake to 77.53% After Supreme Court-Backed Transfer
The federal government’s ownership in Oil and Gas Development Company Limited (OGDCL) has risen to 77.53%following the transfer of more than 432 million shares previously held by the company’s Employees…
PSX Investor Count Nears 600,000 as SECP Reports Record Growth
Pakistan’s capital market has witnessed a significant rise in investor participation, with the total number of investors at the Pakistan Stock Exchange (PSX) crossing 583,000, moving closer to…
Govt to Launch First-Ever Hybrid Sukuk Bonds This Fiscal Year
The Ministry of Finance has decided to launch hybrid Sukuk bonds for the first time in the history of the country during the current fiscal…
ADB Cuts FY2027 Growth Outlook of Pakistan to 3.7% Amid Surging Inflation
The Asian Development Bank (ADB) has released its Asian Development Outlook for July 2026. The report delivers tough news for Pakistan. The ADB has revised…
SpaceX Stock: Morgan Stanley Sees A Massive Upside
Morgan Stanley set a $300 price target on SpaceX Tuesday, the highest among major Wall Street banks. The target implies 87% upside from Monday’s close…
Gold and Silver Prices in Pakistan Today, 9th July, 2026
Recent geopolitical tensions in the Middle East have resulted in above-average price volatility for gold and silver. Typically, the prices of gold and silver in…
Government Raises Rs2.07 Trillion in T-Bills Auction as Yields Fall
The federal government raised Rs2.068 trillion through the latest auction of Market Treasury Bills (MTBs), with borrowing costs falling across all maturities to levels below…
Oil Prices Jump Over 5% After Trump Declares Iran Truce Deal Is Over
Global oil prices climbed more than 5% on Wednesday, reaching their highest levels in two weeks after U.S. President Donald Trump declared that the memorandum…
PSX Plunges Over 6,700 Points as Geopolitical Tensions Shake Markets
The Pakistan Stock Exchange (PSX) witnessed a sharp sell-off on Wednesday as escalating geopolitical tensions in the Middle East rattled investor sentiment, sending the benchmark…