Karachi, April 7, 2025 — The Pakistan Stock Exchange (PSX) officially triggered a market halt on Monday after the KSE-100 Index fell by more than 5%, sparking a wave of concern across financial circles.
(more…)Author: Shahnawaz Akhter
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PSX Crashes and Trading Halts After Falling More Than 5%
Karachi, April 7, 2025 — The Pakistan Stock Exchange (PSX) suffered a major jolt on Monday as panic gripped investors, leading to a sharp crash in share prices and a temporary halt in trading activity.
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PSX Plunges 4,257 Points in Bloodbath After Global Decline
Karachi, April 7, 2025 — The Pakistan Stock Exchange (PSX) witnessed a devastating start to the trading week as global market turmoil spilled over into local equities, triggering a steep decline of 4,257 points in the benchmark KSE-100 Index. The index plummeted by 3.58%, marking one of the sharpest single-day losses in recent months.
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Cigarette, Pharma Distributors Receive Rs14.53Bn Tax Relief: FBR
Karachi, April 6, 2025 – In a striking revelation, the Federal Board of Revenue (FBR) has disclosed that distributors of cigarette and pharmaceutical products received a staggering Rs14.53 billion in tax concessions during the last fiscal year.
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UBG Demands Immediate Cut in Oil Prices Amid Global Drop
KARACHI, April 6, 2025 – The United Business Group (UBG) has strongly urged the government to bring down petroleum prices in Pakistan, aligning them with the recent global decline in crude oil prices.
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Pakistan Updates Customs Valuation for Fresh Dates
KARACHI, April 5, 2025 — The Directorate General of Customs Valuation in Pakistan has issued a revised valuation ruling for imported dates, revising previously set customs values in light of new data and market assessments.
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PTC Highlights TTS Failures in Tackling Illicit Tobacco Trade
Pakistan Tobacco Company (PTC) has expressed concerns that the implementation of the Track and Trace System (TTS) has not been effective in curbing the illicit trade of cigarettes as originally intended.
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KE Consumers Pay Rs 25 Billion Advance Tax in 8MFY25
Karachi, April 5, 2025 – K-Electric (KE) consumers have collectively paid a staggering Rs 25 billion as advance tax during the first eight months (July–February) of the current fiscal year 2024–25, marking a substantial increase in financial pressure amid rising energy costs.
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PSX Poised for Growth Despite Global Trade Tensions
Karachi, April 5, 2025 – The Pakistan Stock Exchange (PSX) is expected to maintain its positive momentum in the coming week, despite the ongoing global trade tensions and the looming trade war.
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Petroleum Sales Rise by 5% YoY in March 2025
Karachi, April 5, 2025 – Pakistan’s petroleum sales witnessed a 5% year-on-year (YoY) increase in March 2025, reaching a total of 1.22 million tons.
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