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PSX extends rally, crosses 180,000 mark

The Pakistan Stock Exchange (PSX) extended its record-setting rally on Tuesday, with investors maintaining aggressive buying amid growing confidence in the country's economic outlook and easing geopolitical tensions in the region. Market participants appeared encouraged by Pakistan's diplomatic efforts in support of regional peace, while expectations of lower global energy costs further boosted sentiment. International … Read more

SBP holds policy rate at 11.5%

[ KARACHI: The State Bank of Pakistan (SBP) on Monday kept its benchmark policy rate unchanged at 11.5%, citing persistent inflationary pressures, uncertainty stemming from the US-Iran war and a broadly unchanged macroeconomic outlook. The decision was announced after a meeting of the Monetary Policy Committee (MPC), which noted that although global oil prices had … Read more