Market NewsDirect shipping between Karachi and major European ports restored
Direct shipping between Karachi and major European ports restored
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Gold price drops by Rs3,000 per tola in PakistanIn the local market, gold price per tola reached Rs431,536 after a decline of Rs3,000 during the day.BUSINESS RECORDER• Oct 22, 2026
PKR firms up against USD, KIBOR falls 1bpsThe Pakistani rupee appreciated marginally against the US dollar in the interbank market on Thursday, closing at Rs276.85 compared with the previous session’s rate of Rs276.87.METTIS GLOBAL• Oct 22, 2026
Faster reforms could triple Pakistan’s incomes by 2050, says World BankPakistan’s incomes could triple by 2050 if the country ensures faster implementation of structural reforms, according to the World Bank Group’s latest Pakistan Development Update, titled Attaining Escape Velocity.DAWN• Oct 22, 2026
PSX plunges over 2,000 points as selling pressure mountsKSE-100 Index closes at 163,924.32 points amidTHE EXPRESS TRIBUNE• Oct 22, 2026
Finance Ministry forms committee to review gas levy policy, calculation formula as exporters raise concernsExporters seek relief on taxation, Punjab infrastructure cess, regulatory charges and improved international market access...PROFIT BY PAKISTAN TODAY• Oct 22, 2026
PSX Closing Bell: A Brutal Red FinishThe benchmark KSE-100 Index plunged 2,006.67 points or 1.21% on Thursday to close at 163,924.31, as broad-based selling gripped the market amid rising oil prices and renewed concerns over escalating tensions in the Middle East.METTIS GLOBAL• Oct 22, 2026
