PSX Breaks Nine-Session Bull Run as Flood and Inflation Risks Weigh on Investor Sentiment
The Pakistan Stock Exchange (PSX) ended its nine-session bullish streak as inflation concerns, flood-related risks, and anticipation of IMF review outcomes prompted widespread profit-taking and market volatility.
Pakistan’s Manufacturing Index Holds at 50.1, Signals Strain on Industrial Growth
Pakistan’s HBL Manufacturing PMI edged down to 50.1 in August, signaling fragile industrial growth as inflation, load shedding, global tariffs, and flooding weigh on demand and exports.