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Bears take control as PSX plunges over 5,000 points

Bears take control as PSX plunges over 5,000 points

Benchmark index KSE-100 loses 5,405.48 points to close at 152,907.96.

latest 6

Dawn Business

News Desk

Govt working on developing ‘mortgage finance’ ecosystem for housing, PM told

Govt working on developing ‘mortgage finance’ ecosystem for housing, PM told

“A home is the right of every citizen,” the PM was quoted as saying.

latest 10

Dawn Business

News Desk

PSX loses over 2,000 points during intraday trade

KSE-100 declines by 2,643.02 points or 1.67 per cent to stand at 155,670.42 points from the previous close of 158,313.44 points.

latest 9

Dawn Business

News Desk

Trump plans May visit to China for talks with Xi after Iran war delay

Trump plans May visit to China for talks with Xi after Iran war delay

US president will now visit Beijing on May 14 and 15; says that he will host Xi for a reciprocal visit in Washington later this year.

latest 10

Dawn Business

Reuters

Crude oil theft network busted in Tando Allahyar

Crude oil theft network busted in Tando Allahyar

During the operation, authorities recovered refining equipment and a large quantity of stolen crude oil.

latest 10

Dawn Business

Khaleeq Kiani

Currencies pause as traders cautious over Trump’s efforts to end war in Iran

Inflation is broadly expected to pick up as the war in the Middle East pushes up prices.

latest 10

Dawn Business

Reuters

Govt raises Rs118bn via sukuk auction

Govt raises Rs118bn via sukuk auction

Auction attracts strong investor participation, with total bids amounting to Rs445.49bn.

latest 10

Dawn Business

The newspaper's staff reporter

Oil slides 4pc amid fragile diplomacy signals

Oil slides 4pc amid fragile diplomacy signals

Despite market turmoil, Washington holds off tapping strategic oil reserves.

latest 10

Dawn Business

Reuters

Freight, fuel hikes squeeze consumers

Freight, fuel hikes squeeze consumers

War-driven costs push up wholesale prices, with retail impact looming; energy shock threatens inflation spike.

latest 10

Dawn Business

Aamir Shafaat Khan

Islamabad strengthens trade links with Tehran

Islamabad strengthens trade links with Tehran

Jeerak station to regulate cross-border passengers and curb smuggling.

latest 10

Dawn Business

Mubarak Zeb Khan

Centre asks provinces to help shoulder fuel price burden

Centre asks provinces to help shoulder fuel price burden

Punjab, Sindh expected to revert after internal consultations on whether they have requisite fiscal space.

latest 10

Dawn Business

Khaleeq Kiani

Petroleum dealers postpone strike in light of Middle East conflict

Petroleum dealers postpone strike in light of Middle East conflict

"We have postponed the strike, keeping in view the hardships consumers will face if the war escalates and leads to a supply chain crisis of petroleum...

latest 0

Dawn Business

Aamir Shafaat Khan

Petroleum dealers postpone plan to go on strike in light of Middle East conflict

Petroleum dealers postpone plan to go on strike in light of Middle East conflict

"We have postponed the strike, keeping in view the hardships consumers will face if the war escalates and leads to a supply chain crisis of petroleum...

latest 0

Dawn Business

Aamir Shafaat Khan

Mobile app-based fuel quota system finalised for motorcycles, rickshaws amid global oil crisis

Mobile app-based fuel quota system finalised for motorcycles, rickshaws amid global oil crisis

The government will now take a final decision whether the scheme should extend to small cars or remain restricted to two- and three-wheelers.

yesterday 20

Dawn Business

Khaleeq Kiani

Govt announces optional multi-tariff time of use mechanism for industrial consumers

Govt announces optional multi-tariff time of use mechanism for industrial consumers

Fixed charges to be determined based on Maximum Demand Indicators (MDI), expected to be relatively higher than variable energy charges.

yesterday 10

Dawn Business

Khaleeq Kiani

K&N’s SmartCooking Recipes: Cheesy Sausage Toffee

K&N’s SmartCooking Recipes: Cheesy Sausage Toffee

Crispy, golden dough parcels stuffed with mini sausages and melted cheddar for a fun and cheesy savoury snack.

yesterday 10

Dawn Business

Publishing Partner

Pakistan’s non-textile exports shrink 17pc

Pakistan’s non-textile exports shrink 17pc

Proceeds dip to $8.25bn in July-February FY26.

yesterday 40

Dawn Business

Mubarak Zeb Khan

$20m withdrawn from govt bonds in a single day

$20m withdrawn from govt bonds in a single day

Foreign investors are in a state of panic and keen to leave the region.

yesterday 30

Dawn Business

Shahid Iqbal

Competitive power market era begins as legal process completed for electricity auction

Competitive power market era begins as legal process completed for electricity auction

Nepra declares CMOD, enabling auction of 800MW after decades of reform delays.

yesterday 20

Dawn Business

Khaleeq Kiani

Govt may have to ‘unfreeze’ fuel prices amid global surge

Govt may have to ‘unfreeze’ fuel prices amid global surge

Targeted subsidy for two-, three-wheelers on the anvil; Jet fuel, kerosene prices rise quietly, but dramatically.

yesterday 30

Dawn Business

Khaleeq Kiani

Pakistan’s petrol cargoes for March and April ‘largely secured’: finance ministry

Pakistan’s petrol cargoes for March and April ‘largely secured’: finance ministry

Overall inventories remain at comfortable levels, supported by secured import arrangements and ongoing production, committee to monitor petrol prices...

previous day 10

Dawn Business

News Desk

ADB announces support package for developing member states hit by Middle East conflict

ADB announces support package for developing member states hit by Middle East conflict

ADB president says bank will deliver rapid, flexible, and scalable assistance to help countries manage immediate pressures and strengthen long-term...

previous day 10

Dawn Business

News Desk

OGDCL commences oil production from development well in Hyderabad

OGDCL commences oil production from development well in Hyderabad

Says well is producing 460 barrels of oil per day.

previous day 10

Dawn Business

Khaleeq Kiani

PSX rallies 1,200 points after Eid break

PSX rallies 1,200 points after Eid break

KSE-100 index gains 1,225.99 points, or 0.80 per cent, to close at 153,966.36 points.

previous day 10

Dawn Business

News Desk

K-Electric appoints Syed Taha as new CEO, replacing interim head

K-Electric appoints Syed Taha as new CEO, replacing interim head

Syed Taha has served as the CEO of PSO since 2020, according to KE in a letter to PSX.

previous day 10

Dawn Business

Aamir Shafaat Khan

Sadapay says app unavailable after Amazon Web Services disrupted in Bahrain amid war on Iran

Sadapay says app unavailable after Amazon Web Services disrupted in Bahrain amid war on Iran

Says funds in accounts "safe and fully accounted for"; debit cards, ATMs, and point of sale payments are working.

previous day 20

Dawn Business

News Desk

Australia, European Union agree sweeping new trade pact 8 years in the works

Australia, European Union agree sweeping new trade pact 8 years in the works

Under the deal, the EU says it expects exports to Australia to grow by a third over a decade.

previous day 20

Dawn Business

Afp

JI chief flays govt for ‘burdening’ common citizen with high petroleum prices

JI chief flays govt for ‘burdening’ common citizen with high petroleum prices

Naeemur Rehman links rising prices to broader government mismanagement and calls for investigations into agreements with IPPs.

previous day 10

Dawn Business

News Desk

KE appoints Syed Taha as new CEO, replacing interim head

KE appoints Syed Taha as new CEO, replacing interim head

Syed Taha has served as the CEO of PSO since 2020, according to KE in a letter to PSX.

previous day 10

Dawn Business

Aamir Shafaat Khan

PSX gains over 1,200 points during intraday trade

PSX gains over 1,200 points during intraday trade

Index gains 1,245.93 points, or 0.82 per cent, to stand at 153,986.30 points from the previous close of 152,740.37 points.

previous day 10

Dawn Business

News Desk

KE announces Syed Taha as new CEO, replacing interim head

KE announces Syed Taha as new CEO, replacing interim head

Syed Taha has served as the CEO of PSO since 2020, according to KE in a letter to PSX.

previous day 20

Dawn Business

Aamir Shafaat Khan

TotalEnergies abandons US wind leases

TotalEnergies abandons US wind leases

Oceantic Network criticises administration for using taxpayer funds to block projects.

previous day 20

Dawn Business

Reuters

EU calls for deep reform of World Trade Organisation

EU calls for deep reform of World Trade Organisation

Says level playing field, overcapacity and market policies must be better tackled than in the past.

previous day 20

Dawn Business

Afp

Trade gap narrows to $9.04bn in July-January

Planning Commission alerts to economic fallout of ongoing Middle East crisis.

previous day 20

Dawn Business

Mubarak Zeb Khan

Fertiliser sector on edge amid Gulf crisis

Fertiliser sector on edge amid Gulf crisis

DAP imports vulnerable to supply disruptions.

previous day 20

Dawn Business

Khalid Hasnain

Pakistan’s cotton crisis worsens amid delay in research bodies’ merger

Pakistan’s cotton crisis worsens amid delay in research bodies’ merger

Final summary held up at food ministry despite legal clearance on March 4.

previous day 20

Dawn Business

Amjad Mehmood

Oil prices plunge 10pc on US-Iran talks

Oil prices plunge 10pc on US-Iran talks

Analysts estimate loss of 7m to 10m barrels per day of Middle East oil production.

previous day 20

Dawn Business

Reuters

PTA gives go-ahead for Telenor, Ufone merger

PTA gives go-ahead for Telenor, Ufone merger

Amalgamation process to take 4 weeks.

previous day 20

Dawn Business

Kalbe Ali

Gold falls over Rs43,000 to Rs447,762 per tola

Gold falls over Rs43,000 to Rs447,762 per tola

International gold prices dive to 4-month low as inflation pressures lift rate hike bets.

monday 30

Dawn Business

Reuters

As INR hits record low, Modi optimistic about economic fundamentals, reserves

As INR hits record low, Modi optimistic about economic fundamentals, reserves

INR among currencies most exposed to oil price fluctuations; weakens about 3pc since start of war.

monday 30

Dawn Business

Reuters

Gold dives to 4-month low as inflation pressures lift rate hike bets

Gold dives to 4-month low as inflation pressures lift rate hike bets

Gold's high liquidity hurts during risk-off period as portions closed to cover margin calls on other assets: analyst.

monday 30

Dawn Business

Reuters

Levy on high-octane fuel used in luxury vehicles raised by Rs200 per litre

Levy on high-octane fuel used in luxury vehicles raised by Rs200 per litre

Govt expects to save Rs9bn per month with savings to be used for public relief; move aims to shift burden to higher-income groups.

monday 20

Dawn Business

Dawn Report

India rupee hits record low on escalating Middle East conflict

India rupee hits record low on escalating Middle East conflict

INR among currencies most exposed to oil price fluctuations; weakens about 3pc since start of war.

monday 20

Dawn Business

Reuters

Saving freshwater via re-lining

Saving freshwater via re-lining

"Akram Wah canal faces serious water shortages often and we are not able to supply irrigation water to our farmers when it is needed", says water...

monday 20

Dawn Business

Mohammad Hussain Khan

Govt increases levy on high-octane fuel used in luxury vehicles by Rs200 per litre

Govt increases levy on high-octane fuel used in luxury vehicles by Rs200 per litre

“A levy of Rs300 per litre will now be applicable on high-octane fuel used in the most expensive vehicles,” PMO statement says.

22.03.2026 20

Dawn Business

Zafar Mirza

Govt increases levy on high-octane fuel by Rs200 per litre

Govt increases levy on high-octane fuel by Rs200 per litre

“A levy of Rs 300 per litre will now be applicable on high-octane fuel used in the most expensive vehicles,” PMO statement says.

22.03.2026 20

Dawn Business

Zafar Mirza

China pledges more balanced trade and further opening of the economy after record surplus

China pledges more balanced trade and further opening of the economy after record surplus

Premier Li Qiang says China will import more high-quality foreign goods and work with all parties to promote optimised and balanced trade development...

22.03.2026 20

Dawn Business

Reuters

Aurangzeb says govt to move towards providing targeted relief amid global fuel supply concerns

Aurangzeb says govt to move towards providing targeted relief amid global fuel supply concerns

"We need to pursue a structural solution and take firm, lasting steps to move this situation toward permanence, given our resources,” he says.

22.03.2026 20

Dawn Business

News Desk

Elon Musk found liable to Twitter shareholders in fraud lawsuit over $44 billion takeover

Elon Musk found liable to Twitter shareholders in fraud lawsuit over $44 billion takeover

X boss accused of falsely claiming that Twitter underreported how many fake and bots were on its platform.

22.03.2026 20

Dawn Business

Reuters