PSX maintains uptrend over debt clarity

KARACHI: The bullish trend continued at the Pakistan Stock Exchange (PSX) on Tuesday as the KSE-100 index advanced nearly 800 points in a rally reflecting a stable policy rate and government’s ability to meet external debt obligations. Notably, the index reclaimed the 156,000-point level while building on Monday’s successful defence of a key support zone. … Read more

LSM surges 9% YoY on low base

KARACHI: Pakistan’s large-scale manufacturing (LSM) sector showed a recovery, increasing by 9% year-on-year and 2.6% month-on-month in July 2025, primarily due to a low base, along with improved domestic demand and sector-specific gains that boosted industrial output. Analysts attribute the rebound to strong performances in automobiles, garments, cement, and petroleum products, alongside stable — though elevated … Read more

Arsenal, Real Madrid win Champions League openers

LONDON: Arsenal won 2-0 away to Athletic Bilbao as the league phase of this season’s Champions League kicked off on Tuesday, with two Kylian Mbappe penalties giving Real Madrid a narrow win over Marseille while Juventus and Borussia Dortmund drew an eight-goal thriller. Tottenham Hotspur also won on the tournament’s opening night which saw outsiders … Read more

Drizzle makes city weather pleasant

KARACHI: The Pakistan Meteorological Department (PMD) has forecast light rain and drizzle in Karachi today (Wednesday) and Thursday, following intermittent showers in various parts of the city on Tuesday. Due to low-level sea clouds, several areas — including Sohrab Goth, Gadap Town, Baldia, Empress Market, Garden, Golimar, Nishtar Road, Lines Area, Clifton, and Defence Housing Authority … Read more