pakistan stock exchange

Pakistan's economy faces sustained pressure with double-digit inflation likely to persist due to surging global oil prices amid the Middle East crisis. Rising energy costs and regional instability are projected to slow GDP growth and widen the current account deficit, impacting the stock market and currency.

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

Pakistan admits its vulnerability to global oil shocks, lacking strategic reserves like India, which holds 60-70 days of stock. Islamabad's limited reserves leave it exposed, unlike India's stable prices aided by fiscal space and strategic stockpiles. Pakistan's IMF commitments restrict its ability to offer consumer relief amid soaring crude prices.

Stock market today: Sensex and Nifty50 rallied strongly in trade on Wednesday after optimism surrounding renewed US-Iran peace talks led oil prices to drop. While Nifty50 went above 24,200, BSE Sensex rose over 1,200 points.

Pakistan's stock market experienced a sharp decline as Middle East tensions resurfaced, erasing significant gains from the previous day. Hopes for a diplomatic breakthrough between the US and Iran, which had briefly boosted investor confidence, quickly faded following continued Israeli operations and accusations of ceasefire violations. The Strait of Hormuz remains a point of contention, keeping markets on edge.

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.

The civilisation POTUS warned about didn’t die on Wednesday. But something else took a serious blow: credibility of US military power as an instrument of policy

Gold price prediction today: Amid the Middle East conflict, gold prices are likely to see limited upside in the short-term, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan.

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

The pakistan stock exchange (PSX) was sold to a Chinese consortium that now holds a 40 per cent but the arrangement relationship seems to have hit its first real stumbling block with some brokers and members of the PSX opposing China's nomination of Richard Morin as managing director.

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.

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 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.

Generations of Indian workers and businesses have turned the Arab side of the Gulf into a vital appendage of their own country.