Banks and Financial Institutions to Close on August 14 for Independence Day Observance
The State Bank of Pakistan has announced that all banks, microfinance institutions, and development finance institutions will remain closed on August 14, 2025, for Independence Day, with digital banking channels expected to remain available for essential transactions.
SECP Launches Digital AMC Framework to Transform Pakistan’s Mutual Fund Industry
The SECP has introduced a Digital AMC framework with lower entry barriers and digital onboarding, formally registered MUFAP as an SRO, and published a strategic white paper outlining priorities like ETFs, ESG funds, and financial inclusion.
PSX Schedules Maintenance for KiTS Platform on August 9, Trading Access to Be Temporarily Suspended
The Pakistan Stock Exchange will suspend its KiTS trading platform on August 9 from 8 AM to 8 PM for scheduled maintenance, urging TREC holders to complete pre-maintenance tasks and contact IT support for assistance.
PSX Shatters Records as KSE-100 Index Crosses 143,000 Points on Strong Investor Confidence
The Pakistan Stock Exchange hits a historic milestone as the KSE-100 Index surpasses 143,000 points amid strong investor confidence, sector-wide gains, and favorable global market cues.
Finance Ministry Demands Special Audit of TCP Loans Amid High Interest Rates Dispute
The Finance Ministry has requested a special audit of TCP’s loans due to concerns over high interest rates. The probe seeks to determine if more competitive loan terms were available at the time.
Systems Limited Projected to Reach Rs180/Share by June 2026 Amid Strong Global Expansion
Systems Limited is projected to reach Rs180/share by June 2026, driven by strong growth in MENA, strategic acquisitions, and robust export revenues. JS Global sees a 35% upside despite potential tax and currency risks.
PSX Ends Lower as Investors Lock Profits Ahead of Contract Expiry
The Pakistan Stock Exchange witnessed a dip of nearly 400 points as profit-taking activity intensified ahead of contract expiry. Despite recent historic highs, cautious sentiment and pressure from major stocks weighed down the index.
Systems Limited charts robust growth despite margin pressures, eyes new global and local horizons
Systems Limited continues to build on its local and global footprint with rising revenues and strategic diversification, despite recent pressures on margins. The company remains a key player in Pakistan’s digital transformation and software export ecosystem.
Pakistan Moves to Tackle PKR 2.3 Trillion Circular Debt with Coordinated Financial and Digital Strategy
Pakistan’s government, central bank, and power sector stakeholders are rolling out a coordinated strategy to resolve the country’s massive PKR 2.3 trillion circular debt, combining financial restructuring, digital monitoring, and redirected cash flows to revive economic stability.
ADB Flags Political Instability, Security Risks and External Shocks as Top Threats to Pakistan’s Economic Recovery
The Asian Development Bank has highlighted political uncertainty, security threats, and external shocks as serious obstacles to Pakistan’s economic recovery, urging structural reforms and stronger private sector engagement to secure sustainable growth.