By Aftab Ahmed | October 27, 2025

Pakistan’s central bank kept its policy rate unchanged at 11% on Monday, in line with market expectations, citing a stronger growth outlook and easing concerns over flood-related economic disruptions. According to the Monetary Policy Committee’s (MPC) statement, the State Bank of Pakistan (SBP) now expects GDP growth for FY2025–26 to remain in the upper half…

By Salman Khan | October 27, 2025

SBP clarified that the recently introduced two-hour cooling period for digital fund transfers aims to strengthen customer due diligence and prevent fraudulent transactions. SBP officials addressed media reports, emphasizing that all digital fund transfers are processed in real-time, and recipients receive the transferred money instantly in their accounts. It applies only to branchless banking and…

By Aftab Ahmed | October 24, 2025

Islamabad and Ankara explore maritime cooperation including a potential ferry route and shipbuilding joint projects. Pakistan and Türkiye on Thursday discussed a wide-ranging maritime partnership plan covering shipbuilding, logistics, and a possible ferry service linking the two countries, as both sides seek to strengthen economic and transport connectivity across the region. Read More: Pakistan eyes…

By Aftab Ahmed | October 24, 2025

Selling by mutual funds and weak quarterly results push market lower. Pakistan’s benchmark KSE-100 Index extended its losing streak on Thursday, declining by [verify]% to close at [verify] points, as mutual fund selling and profit-taking weighed on sentiment ahead of the futures rollover week. The banking sector was the biggest drag on the market, with…

By Aftab Ahmed | October 23, 2025

Pakistan aims to transform its maritime sector into a driver of regional trade and economic growth, positioning the country as a hub of connectivity across Asia, the Gulf, and East Africa, Maritime Affairs Minister Muhammad Junaid Anwar Chaudhry said on Thursday. Speaking at the Regional Transport Ministers’ Conference in Islamabad, Chaudhry announced that Pakistan’s “blue…

By Aftab Ahmed | October 23, 2025

Earnings slump amid higher operating expenses and weaker non-interest income Bank Alfalah Ltd (BAFL) reported a sharp decline in profitability for the third quarter of 2025, with consolidated earnings falling 52% year-on-year to Rs6.3 billion, translating into earnings per share (EPS) of Rs4.0. The result came in below market expectations, primarily due to elevated operating…

By Aftab Ahmed | October 23, 2025

The KSE-100 Index ended the session at 164,590 points, recording a decline of 1,962 points. The trading day remained notably volatile, reflecting mixed investor sentiment, as the index oscillated between an intraday high of 166,720 and a low of 164,395. The volatility was largely attributed to profit-taking ahead of the upcoming rollover week, coupled with…

By Aftab Ahmed | October 22, 2025

ISLAMABAD, Oct 22: The Competition Commission of Pakistan (CCP) has approved the acquisition of M/s FLSmidth Cement by M/s Corsica Buyer ApS under a global Share Purchase Agreement. The transaction involves the acquisition of FLSmidth Cement A/S, a Danish company engaged in providing cement technologies and related services worldwide, by Corsica Buyer ApS—a newly incorporated…

By Aftab Ahmed | October 22, 2025

The local bourse experienced a highly volatile session today, oscillating in both directions throughout the trading day. The KSE-100 Index posted an intraday high of 816 points and a low of 1,115 points before finally closing at 166,553, down 793 points or 0.47%. The choppy performance reflected investors’ inclination to book profits on strength following…