Pakistan’s Large-Scale Manufacturing Faces Sharp Slowdown as Floods Hit Industrial Output
Pakistan’s large-scale manufacturing sector witnessed a significant deceleration in August as floods disrupted industrial activity. The slowdown highlights growing economic vulnerabilities despite earlier signs of recovery in key industries like automobiles and cement.
KSE-100 Surges Nearly 650 Points as Investor Confidence Rebounds Amid Stable Policy Rate
The Pakistan Stock Exchange witnessed a strong rally as the KSE-100 Index surged nearly 650 points. The rally was fueled by renewed buying across key sectors and the SBP’s decision to maintain the policy rate at 11%, aligning with market expectations.