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Global oil prices jumped nearly 4% to a five-month high as fears grew over potential supply disruptions if the US moves toward military action against Iran. Brent crude rose to $70.90 per barrel, while WTI climbed to $65.56, driven by escalating geopolitical tensions and rising unrest inside Iran, keeping global
The Pakistani rupee (PKR) showed slight resilience in the inter-bank market on Wednesday, registering a marginal gain against the US dollar. The local currency settled at 279.81, reflecting a symbolic appreciation of Re0.01 compared to Tuesday’s closing rate of 279.82. This minor recovery indicates a period of relative stability for
The Pakistan Stock Exchange (PSX) ended Wednesday’s session with marginal gains, as strategic buying in the energy, banking, and power generation sectors pushed benchmark indices into the green. Despite the positive finish, the market experienced persistent volatility, with a broadly negative breadth observed across both the cash and futures segments.
The Pakistan Stock Exchange (PSX) ended slightly in the red on Tuesday as investors remained cautious after the State Bank of Pakistan unexpectedly kept the policy rate unchanged. Read More: https://epaper.brecorder.com/2026/01/28/1-page/1086189-news.html
