Tuesday, July 14 2026

PSX Closing Bell: Falls Off A Cliff
The Pakistan Stock Exchange (PSX) closed Monday's session sharply lower, with the benchmark KSE-100 Index extending its losses as investors remained cautious amid escalating geopolitical tensions in the Middle East. Sentiment stayed under pressure after the United States and Iran exchanged fresh military strikes in an intensifying confrontation over control of the Strait of Hormuz, fueling fears of potential disruptions to global energy supplies. The surge in international oil prices and heightened geopolitical uncertainty prompted broad-based selling across the market, particularly in heavyweight banking, cement, fertilizer, and energy stocks.
Related news categories: business economic-indicators psx stock-exchanges

Foreign currency deposits rise by $18m in June 2026
Foreign currency deposits rose by $18.09m to $6.779 billion in June 2026 compared to the previous month, the latest data released by the State Bank of Pakistan showed. On a year-on-year basis, total deposits declined by $208.69m or 2.99% compared to $6.988bn in June 2025. According to the data, foreign currency deposits by residents stood at $5.759bn during the month under review, representing an increase of $9.23m or 0.16% compared to $5.750bn reported in the previous month. On a year-on-year basis, resident deposits fell by $329.73m or 5.42% from $6.089bn in June 2025. Meanwhile, non-resident deposits rose to $1.020bn in June 2026, an increase of $8.86m or 0.88% compared to $1.011bn in May 2026.
Related news categories: business economic-indicators misc

Foreign currency deposits rise by $18m in June 2026
Foreign currency deposits rose by $18.09m to $6.779 billion in June 2026 compared to the previous month, the latest data released by the State Bank of Pakistan showed. On a year-on-year basis, total deposits declined by $208.69m or 2.99% compared to $6.988bn in June 2025. According to the data, foreign currency deposits by residents stood at $5.759bn during the month under review, representing an increase of $9.23m or 0.16% compared to $5.750bn reported in the previous month. On a year-on-year basis, resident deposits fell by $329.73m or 5.42% from $6.089bn in June 2025. Meanwhile, non-resident deposits rose to $1.020bn in June 2026, an increase of $8.86m or 0.88% compared to $1.011bn in May 2026.
Related news categories: business economic-indicators misc

Pakistan, Vietnam near trade deal worth $1bn goal
Pakistan and Vietnam are expected to sign a bilateral Preferential Trade Agreement (PTA) in the near future, a move aimed at strengthening trade liberalization and expanding economic cooperation between the two countries. Speaking to APP on Monday during a dinner hosted in honor of senior journalists, Vietnam's Ambassador to Pakistan, Pham Anh Tuan, said negotiations on the proposed agreement had progressed significantly, with four rounds of talks already completed. He expressed confidence that the PTA would soon be finalized and signed by the leadership of both countries. The ambassador said the agreement would establish a stronger framework for bilateral trade, investment, and market access while helping reduce trade barriers and promoting commercial cooperation across various sectors.
Related news categories: business economic-indicators misc

Pakistan's car sales surge 39% in FY26
Car sales in Pakistan rose 39% during FY2025-26, driven by stronger consumer purchasing power, improved auto financing by banks, and a wider range of variants introduced by car assemblers. Car sales surged by 39% to 155,631 units, sales of jeeps and pickups increased by 41% to 50,814 units, sales of trucks and buses rose by 67% to 7,439 units and sales of rickshaws rose by 25% to 985 units, respectively, according to the Pakistan Automotive Manufacturers Association (PAMA) data released on Monday. Motorbikes and rickshaws went up by 30% to 1,972,077 units.
Related news categories: auto-assembler business economic-indicators misc