Category : Stock Market


PSX plunges 903 points on Middle East tensions

Pakistan Stock Exchange experienced high volatility on Wednesday, with KSE-100 falling 903 points due to escalating Middle East tensions. Heavy selling in banking and energy stocks drove the decline.

Pakistan raises Sukuk target to Rs200 billion

The government increased the target for its 10-year variable rental rate hybrid Sukuk to Rs200 billion from Rs50 billion, aiming to boost Shariah-compliant financing. The auction is scheduled for June 10, 2026.

PSX plunges 1,957 points on geopolitical fears

The Pakistan Stock Exchange witnessed heavy selling on Monday as geopolitical concerns dragged the KSE-100 index down 1,957 points intraday, with broad-based losses across sectors.

Pakistan's Elite Capture: Hidden Tax on Citizens

Pakistan's elite capture diverts Rs2,435 billion via tax exemptions, benefiting the connected few. Customs duty exemptions rose 23% annually. Reforms show promise, but the fight against privilege continues.

Egypt Near $500m Samurai Bond Sale in Japan

Egypt is finalizing plans for its first yen-denominated bond sale in three years, Foreign Minister Badr Abdelatty said. The $500m Samurai bond would be partially guaranteed by AfDB.

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