Karachi, April 28, 2026 – The Pakistan Stock Exchange on Tuesday announced that it will remain closed on Friday, May 1, 2026, in observance of Labour Day, a public holiday declared by the Government of Pakistan.
(more…)Author: Faisal Shahnawaz
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HBL hit with Rs13.7 million penalties in Q1 2026
Karachi, April 28, 2026 – Habib Bank Limited reported that it paid monetary penalties of Rs13.7 million during the first quarter of calendar year 2026, reflecting a notable increase compared to Rs11.29 million in the same period last year, according to its financial statement released on Tuesday.
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Bitcoin slides below $77,000 — weekly losses mount despite strong monthly surge
April 28, 2026 — The price of Bitcoin slipped further on Tuesday, falling below the $77,000 mark as short-term selling pressure continued to weigh on the world’s largest cryptocurrency, even as broader monthly gains remained intact.
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KCCI slams SBP rate hike, warns of rising business costs and investment slowdown
KARACHI, April 27– The Karachi Chamber of Commerce and Industry (KCCI) on Monday sharply criticized the State Bank of Pakistan (SBP) for raising the benchmark policy rate by 100 basis points to 11.5%, warning that the move could hurt business activity and economic growth.
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PCB opens PSL playoff matches to spectators after PM approval
KARACHI, April 27 – The Pakistan Cricket Board (PCB) on Monday announced that spectators will be allowed to attend all three playoff matches of the ongoing Pakistan Super League (PSL) season 11, following approval from Prime Minister Shehbaz Sharif.
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Bank of Punjab posts 165% profit jump in Q1 2026 on strong income growth
KARACHI, April 27 – The Bank of Punjab (BOP) reported a sharp 165% increase in after-tax profit for the first quarter of calendar year 2026, driven by strong growth in core income streams and higher non-markup earnings, according to financial results submitted to the Pakistan Stock Exchange (PSX) on Monday.
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KSE-100 Index falls 1,175 points as selling pressure hits PSX
KARACHI, April 27 – The Pakistan Stock Exchange (PSX) witnessed a sharp sell-off on Monday, with the benchmark KSE-100 index dropping 1,174.69 points, or 0.69%, to close at 169,497.35, as investors booked profits amid macroeconomic uncertainty and caution ahead of monetary policy developments.
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Middle East tensions cloud Pakistan auto outlook, says Indus Motor
KARACHI, April 27 — Indus Motor Company on Monday warned that escalating geopolitical tensions in the Middle East are weighing on Pakistan’s auto industry outlook, despite signs of recovery in the broader economy and vehicle demand.
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Shanto to captain Bangladesh as Pakistan Test series squad named
DHAKA, April 27 — Bangladesh national cricket team have named Najmul Hossain Shanto as captain of their 15-member squad for the first Test against Pakistan national cricket team, scheduled to begin on May 8 at the Sher-e-Bangla National Cricket Stadium in Dhaka.
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Indus Motor boosts localization push with Rs5.1bn investment
KARACHI, April 27 — Indus Motor Company said on Monday it has increased its investment in a vehicle localization project to Rs5.1 billion ($18.3 million), aiming to reduce reliance on imports and strengthen Pakistan’s domestic auto industry.
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