karachi stock exchange

Petroleum Minister Ali Pervaiz Malik has admitted that Pakistan lacks even a day’s worth of strategic petrol reserves, as oil prices climb to $126 per barrel — the highest since 2022 — amid ongoing shipping disruptions in the Strait of Hormuz

Global markets surged Wednesday on hopes of a US-Iran ceasefire and the reopening of the Strait of Hormuz, a vital oil shipping route. Major indices in Asia, Europe, and the Americas saw significant gains. Brent and WTI crude prices plummeted as supply chain restoration seemed imminent. Bitcoin also climbed, though GIFT Nifty dipped on conflicting reports of Iran blocking passage.

Four gunmen attacked the Pakistani Stock Exchange building in the city of Karachi on Monday but security forces soon killed them all, police said. Four security guards and a police sub-inspector were also killed in the attack.

Union home minister Sushil Kumar Shinde’s statement at a recent Interpol event expressing concern over terror funds routed to stock exchanges was possibly made with the karachi stock exchange in mind, where outfits like JuD, LeT front, are said to have parked their money.

Its benchmark index has dropped more than 10,000 points in two days since India’s strike on terrorist infrastructure in Pakistan

Following India's 'Operation Sindoor,' the karachi stock exchange (KSE) experienced significant volatility. After a 7.6% crash on Thursday triggered by reports of drone attacks in major Pakistani cities, trading was temporarily suspended. On Friday, the KSE-100 showed signs of recovery, rising by 1.9%.

KSE 100 touched a low of 37,330.38 (intraday) as against Tuesday's closing value of 38,821.67, falling as much as 3.85 per cent. As of 12:59 pm (Pakistan time), the index was trading down 3.04 percent lower at 37,675.08.

Pakistan's stocks declined to their lowest in more than two months after TV reports that the President plans to impose Emergency rule.

China is livid after the US stepped in on Wednesday evening to delay a draft press statement condemning the terrorist attack at the karachi stock exchange at the UNSC. The US was the second country after Germany to delay the statement, both silent expressions of solidarity with New Delhi, after Shah Mehmood Qureshi and later PM Khan blamed India for the attack.

Pakistan's stock exchange shed nearly 800 points on the KSE 100-index after Donald Trump's victory over Hillary Clinton in the US presidential elections. Many Pakistanis consider Trump as no friend of Muslims or Pakistan and fear his reckless policies could wreck the world markets.

India-Pakistan ceasefire impact: Following Pakistan's call for a ceasefire with India after significant air base damage, the KSE 100 index surged over 9%, building on Friday's gains. This rally followed earlier market pressure due to heightened tensions after a terrorist incident in Kashmir.

Pakistan’s business community welcomed Nawaz Sharif ’s victory in the elections, with karachi stock exchange crossing the 20,000 mark for the first time on Monday.

Local market analysts believe that drills by PAF - suggestive of preparations against any aggression by India in aftermath of the Uri attack last week - drove small investors for cover. According to Dawn, individual small investors dealing with 'penny stocks' were responsible for panic selling

A consortium of Chinese companies have bought 40% ownership of Pakistan's only stock exchange, based in Karachi. This is possibly the first big price Pakistan is being asked to pay in return for Chinese investments on the China Pakistan Economic Corridor, which is expected to cost $46 billion.

Reacting to Prime Minister Narendra Modi's strong message against terrorism - especially from across the border, Pakistan diplomats are working overtime to mount a counter. Some of them even suggest that Pakistan's global isolation is a myth and that it is India that risks being isolated.

NEW DELHI: Oil and Natural Gas Corporation has overtaken the karachi stock exchange in market capitalisation.

Pakistani Prime Minister Imran Khan told parliament on Tuesday he had no doubt that India was behind an attack on the stock exchange building in the southern city of Karachi. Four gunmen armed with grenades attacked the Pakistan Stock Exchange on Monday, killing two guards and a policeman before security forces killed the attackers.

The ongoing Indo-Pak summit at Agra had no effect on Indian financial markets. Plagued by low liquidity on account of rolling settlement and a general uncertainty over the state of the Indian economy, trading was listless on the major Indian stock exchanges. The rupee too was virtually unchanged in the 47.15/16 range against the dollar.

Pakistani shares rose to a new life high in early trade on Thursday on optimism that former Prime Minister Benazir Bhutto's return to Pakistan will help bring stability, dealers said.

India-Pakistan tensions: Following the Pahalgam terror attack and Operation Sindoor, India's stock market has shown resilience with minimal decline, contrasting sharply with Pakistan's KSE-100's significant drop. This divergence highlights India's stronger economic fundamentals, larger market capitalization, and robust domestic investor base.

Pakistan's Economic Affairs Division faced a social media controversy after a post, later claimed to be a hack, appealed for international loans amid escalating tensions with India. This occurred following India's "Operation Sindoor" in response to a terrorist attack, leading to retaliatory strikes and market instability, with the karachi stock exchange plummeting.

Pakistan's stock index climbed to a record, led by National Bank Ltd, the nation's biggest lender by assets, after companies reported higher earnings.