PSX KSE 100 Index Gains 3,353 Points, Closes at 180,393
The PSX benchmark KSE-100 index rose 1.89% on Tuesday, gaining 3,353 points to close at 180,393. Trading volume increased to 1.224 billion shares worth Rs70.218 billion.
The PSX benchmark KSE-100 index rose 1.89% on Tuesday, gaining 3,353 points to close at 180,393. Trading volume increased to 1.224 billion shares worth Rs70.218 billion.
Ministries and corporations utilized 75% of the revised Rs837 billion PSDP by June 15, 2026, with provinces and special areas achieving 97% utilization.
Finance Minister Aurangzeb met UK's Falconer to discuss Pakistan's macroeconomic outlook, structural reforms, and regional developments, reaffirming commitment to economic cooperation and stability.
Pearson Education Limited held its annual awards in Lahore, recognizing top education consultants for PTE Academic test bookings, celebrating their role in expanding international education access.
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RecommendedABHI Microfinance Bank and GoldFin have signed a Super Agency Agreement to offer gold-backed financing across Pakistan, featuring doorstep services via a mobile app for enhanced accessibility.
NGC fully restores power to Hyderabad after fire at 220kV Grid Station. Fire isolated safely, alternate arrangements made. Investigation underway.
Pakistan allocates over Rs14.2 billion in PSDP 2026-27 for Gwadar projects, focusing on connectivity, airport, port, and civic infrastructure.
Pakistan Mercantile Exchange (PMEX) and IFC signed an agreement to strengthen agricultural commodities futures and electronic warehouse receipts, enhancing transparency and market access.
Punjab Finance Minister Mian Mujtaba Shuja-ur-Rehman presented a Rs5.9 trillion budget for FY 2026-27, featuring a 39.35% cut in ADP to Rs752 billion amid opposition protests.
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RecommendedPrime Minister Shehbaz Sharif ordered authorities to expedite the 100MW solar power project in Gilgit-Baltistan, with full federal funding and third-party validation for transparency.
The Punjab Food Authority destroyed 15,000 litres of hazardous animal fat oil and 2,000 litres of substandard milk in operations on Jhang and Multan Roads in Muzaffargarh, upholding a zero-tolerance policy against adulteration.
An investigation reveals the dark side of the pet snake boom: factory farms breeding millions of mice and rats in inhumane conditions, with little oversight.
PM Shehbaz Sharif announced federal funding for a 100MW solar project in Gilgit-Baltistan, emphasizing timely completion and transparency. He also reaffirmed Pakistan's commitment to combating desertification and drought.
Elon Musk's net worth surpasses $1 trillion following SpaceX's IPO, making him the world's first trillionaire, with wealth exceeding the next four richest combined.
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RecommendedA magnitude 6.3 earthquake struck Qinghai, China, killing one and injuring four. Rescue teams deployed as aftershocks hit the area.
Punjab government proposes Rs752 billion ADP for FY2026-27, down from Rs1.24 trillion, focusing on completing ongoing projects with 3,560 schemes, including major health and education initiatives.
Punjab's ADP for FY2026-27 features high-cost projects named after PML-N leaders, despite a budget cut from Rs1.24 trillion to Rs752 billion.
PTI Punjab Kisan Wing criticizes the provincial government's agricultural budget for 2026-27, calling it anti-farmer due to increased taxes and charges on struggling farmers.
The Rawalpindi-Kahuta Road upgradation project faces delays as the federal budget allocates only Rs1 billion for 2026-27, despite a total cost of Rs23.545 billion and strategic importance.
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RecommendedThe federal government launches a comprehensive reform programme for Pakistan Post to eliminate financial deficit, transform it into a profitable institution, and address employee concerns over privatisation and job cuts.
Anti-Corruption South has registered a case against former KMC officials over financial irregularities, questionable advance payments, and missing guarantees in the Yellow Line BRT project.
Investigators have extracted over 100GB of data from alleged drug trafficker Anmol alias Pinky's phone, including 75,000 images, financial records, and thousands of contacts.
PAC expresses concern over missing audit records worth Rs58 billion in Sindh Food Department, orders disciplinary action against six district food controllers for alleged irregularities.
Electricity consumers may face a tariff hike of up to Rs1 per unit due to diversion of indigenous gas to LNG power plants amid the US-Iran war, adding to circular debt.
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RecommendedDemand for Iranian currency rises in Pakistan after US-Iran ceasefire agreement, with 10 million rials gaining Rs2,000-3,000 in value. ECAP advises caution.
Pakistan's ECC overruled Investment Minister Qaiser Sheikh's objections and granted a 30-year lease extension to Engro Vopak Terminal, citing legal cover under SIFC law.
Oil prices fell about 5% to a three-month low on Tuesday as traders anticipated a potential US-Iran agreement that could allow oil flow through the Strait of Hormuz.
Punjab's budget for FY 2026-27 introduces no new taxes but raises rates on token tax, water tax, and agriculture income tax, with significant hikes for commercial vehicles and changes to sales tax on services.
Punjab government allocates Rs91.9 billion for agriculture in FY26-27 budget, part of Rs132.54 billion for agriculture, livestock, and fisheries. Mechanisation, farmer financing, and livestock programmes key.
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RecommendedFinance Minister Aurangzeb says Pakistan's economic projections for FY27 could improve after the Iran war ends, but it's too early to revise the budget. Energy supply chains need time to recover.