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Author: Faisal Shahnawaz

PSX KSE-100

KSE-100 drops 1,778 points amid fears of re-escalation in geopolitical tensions

May 8, 2026May 8, 2026Faisal Shahnawaz

The benchmark KSE-100 Index on Friday closed sharply lower as investors remained cautious amid fears of re-escalation in geopolitical tensions ahead of the weekend.

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cricket

Shanto Guides Bangladesh With Century in 1st Test Against Pakistan

May 8, 2026May 8, 2026Faisal Shahnawaz

Najmul Hossain Shanto scored a brilliant century to guide Bangladesh national cricket team to a commanding position on the opening day of the first Test against Pakistan national cricket team in Dhaka.

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Pakistan Petroleum Limited

PPL Announces Commissioning of Faiz X-1 Deep Well

May 8, 2026May 8, 2026Faisal Shahnawaz

Pakistan Petroleum Limited (PPL) has announced the successful commissioning of the Faiz X-1 Deep (Basal Sand) well located in the Gambat South Block.

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PSX Logo

Clover Pakistan Shares Under Negotiation for Potential Sale

May 8, 2026May 8, 2026Faisal Shahnawaz

Clover Pakistan Limited on Friday informed the Pakistan Stock Exchange (PSX) that the existing approximately 23% shareholding held by Fossil Energy (Private) Limited in the company is currently under negotiation for a potential sale and transfer.

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Bitcoin BTC

Bitcoin Prices to US Dollar Today: May 8, 2026

May 8, 2026May 8, 2026Faisal Shahnawaz

The price of Bitcoin remained close to the key $80,000 level on May 8, 2026, as investors monitored global market sentiment and cryptocurrency trading activity. The world’s largest cryptocurrency showed slight daily weakness but maintained strong monthly gains against the US dollar.

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2025 Camry

Toyota Pakistan Launches 9th-Generation Camry Hybrid – Official Price and Features

May 8, 2026May 8, 2026Faisal Shahnawaz

Toyota Pakistan has officially launched the all-new 9th-generation Toyota Camry Hybrid in Pakistan, introducing a fully redesigned luxury sedan with advanced hybrid technology, upgraded safety features, and premium comfort options.

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cricket

Pakistan vs Bangladesh 1st Test Preview in Dhaka

May 7, 2026May 7, 2026Faisal Shahnawaz

DHAKA, May 7, 2026 — Pakistan and Bangladesh are set to begin their ICC World Test Championship 2025–27 campaign against each other in the first Test starting Friday at the Shere Bangla National Stadium.

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SEC Pakistan

SECP sets record with highest-ever monthly company registrations in April 2026

May 7, 2026May 7, 2026Faisal Shahnawaz

ISLAMABAD, May 7, 2026 — The Securities and Exchange Commission of Pakistan (SECP) said on Thursday it registered a record 4,082 companies in April 2026, marking the highest monthly incorporations ever recorded in the country’s corporate history.

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foreign exchange

Pakistan weekly forex reserves inch up by $25 million

May 7, 2026May 7, 2026Faisal Shahnawaz

KARACHI, May 7, 2026 – Pakistan’s foreign exchange reserves posted a modest increase of $25 million during the week ended April 30, the central bank said on Thursday, supported by stable inflows and improving external sector expectations.

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PSX KSE-100

KSE-100 index gains 1,189 points despite volatile trading session

May 7, 2026May 7, 2026Faisal Shahnawaz

KARACHI, May 7, 2026 – The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) closed higher on Thursday, gaining 1,189 points despite a volatile trading session marked by early rallies and mid-session profit-taking.

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  • FBR to catch retailers through high-value transactions
  • Spain fine-tune World Cup preparations ahead of Peru friendly
  • Karachi faces blazing sunshine as temperature may reach 42°C
  • England defeat New Zealand by 115 runs in Lord’s thriller
  • KTBA advocates major tax relief for NPOs in budget 2026-27
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  • KCCI calls for abolition of FBR’s bank account freezing powers
  • NAB freezes two foreign currency accounts linked to Bahria Town in money laundering case
  • Experts push for higher taxes on beverages to prevent diabetes
  • FBR imposes penalty on bank manager in tax recovery case; FTO takes notice
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