Escalating Middle East conflict and closure of the Strait of Hormuz are causing delays, higher freight charges, and increased insurance costs for Pakistan’s trade, with major shipping lines halting services and imposing contingency surcharges.
Pakistan’s foreign currency assets are expected to see a net outflow of $31.72 billion due to maturing loans, securities, and deposits, highlighting pressure on reserves and the need for careful external account management.
The commercial banking sector emerged as the largest drag on the Pakistan Stock Exchange, losing over 5,000 points and contributing significantly to the overall market downturn. Other sectors including fertilizer, oil & gas exploration, and cement also faced notable declines.
Supernet Technologies Limited posts a net profit of Rs70.6 million for H1 FY2026, driven by a major reduction in administrative, other, and impairment expenses, while EPS rises to Rs141.2.
Major Gulf stock exchanges suspend trading and the Pakistan Stock Exchange halts equities after sharp declines amid escalating US‑Iran conflict, triggering panic selling and energy price fears.
The Federal Board of Revenue collected Rs8.121 trillion in July–February FY2026, falling short of its Rs8.55 trillion target by Rs457 billion, as income tax and sales tax collections lagged despite overall year-on-year growth.
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