Market News
Dawn• Nov 2, 2026Production at Reko Diq project could be delayed by two years to 2030
Production at Reko Diq project could be delayed by two years to 2030
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Practical reforms to stabilize LPG prices and supplyPrime Minister Muhammad Shehbaz Sharif has taken a timely step by forming an eight-member ministerial committee to review the proposed LPG policy changes. Families are currently paying Rs 6,000 to Rs. 7,200 for an 11.57 kg cylinder in the open market, while the official rate notified by OGRA was Rs 3,296 in October and has risen to around Rs 3,470 for November. With winter approaching, this gap is already hitting households hard, especially in colder and remote areas (OGRA notifications).
Mettis Global• Nov 2, 2026
PSX: selling at bourse, KSE-100 down 600 pointsAt 10:20am, the benchmark index was hovering at 165,812.12, down 597.13 points or 0.36%.
Business Recorder• Nov 2, 2026
US pushes resumption of Russian gas supplies to Europe through UkraineWashington proposes using American intermediaries to facilitate gas sales as part of efforts to secure an energy ceasefire before winter...
Profit by Pakistan Today• Nov 2, 2026
New provinces will cost more than they deliver14 of 30 proposed units will breach 10% fiscal sustainability benchmark
The Express Tribune• Nov 1, 2026
Qatar condemns attack on LNG carrier Al Mayeda in Arabian GulfQatar has strongly condemned and denounced an attack on the “Al Mayeda” liquefied natural gas (LNG) carrier, owned by Qatar Gas Transport Company Limited (Nakilat), while it was sailing in the Arabian Gulf, the country’s Ministry of Foreign Affairs said on November 1, 2026.Mettis Global• Nov 2, 2026
Cherat Cement agrees to acquire majority stake in Nimir Industrial Chemicals for Rs24 billionapprox.Business Recorder• Nov 2, 2026
