New Gwadar International Airport Now Fully Operational
PIA flight PK-503 departed from Karachi at 9:50 AM with 46 passengers on board and landed at New Gwadar International Airport at 11:15 AM...
Bitcoin Surges Past $105,000 Ahead of Donald Trump’s Inauguration
Bitcoin Hits $106,000 as Market Gains Momentum Ahead of Trump’s Inauguration
Bitcoin surged above $105,000, briefly touching $106,000 on Saturday, as the cryptocurrency market regained...
Japan Urges Action on Pakistan’s Auto Import Restrictions
Japan has urged Pakistan to address a range of critical issues, including the safety of personnel working on Official Development Assistance (ODA) projects and...
Pakistan Drafts Bill to Legalize Cryptocurrencies and Introduce Digital Rupee
The Senate of Pakistan is preparing to review the Virtual Assets Bill 2025, a private member’s proposal introduced by Senator Dr. Afnan Ullah Khan. The bill aims to regulate the growing sector of virtual assets, including cryptocurrencies and blockchain technologies.
Dolmen Mall Launches Its Largest Outlet in Lahore – A New Hub for Retail...
Pakistan’s largest operator of shopping malls and the first company in South Asia to operate REITS is excited to announce the grand opening of...
Islamabad, Lahore, and Karachi Airports Set for Outsourcing Soon
Ahsan Iqbal Urges Accelerated Outsourcing of Islamabad, Lahore, and Karachi Airports Operations
Ahsan Iqbal, the Minister for Planning, Development, and Special Initiatives, chaired a review...
Major (retd) Khurram Mushtaq Named Interim CEO of PIA
Khurram Mushtaq Appointed Acting CEO of PIA
Pakistan International Airlines (PIA) Corporation Limited has named Khurram Mushtaq as its acting Chief Executive Officer, as reported...
PSX Surpasses 108,000 Mark Following Another Massive Single-Day Surge
The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) gained 3,134.63 points on Thursday to close at an all-time high of 108,238.96 points,...
Pakistan’s Trade Deficit drops by Nearly 19%
According to data released by the Pakistan Bureau of Statistics (PBS), Pakistan’s trade deficit dropped by 18.6% year-on-year (YoY) in November 2024, declining to $1.589 billion from $1.952 billion recorded in the same month last year.
PSX Surges past 103,000, driven by strong fundamentals
The Pakistan Stock Exchange (PSX) continued its bullish momentum on Monday, with the benchmark KSE-100 Index soaring 1,860.12 points during intraday trading, reaching an all-time high of 103,217.44. This remarkable surge reflects a 1.44% gain from the previous close of 101,357.32, driven by robust economic fundamentals, strong sectoral performances, and optimism surrounding a potential policy rate cut.