Wednesday, February 04 2026

PSX opens positive, KSE-100 Index gains over 1,150 points
Buying continued at the Pakistan Stock Exchange (PSX) on Wednesday, with the benchmark KSE-100 Index gaining over 1,150 points during intra-day trading on Wednesday. At 10:50am, the benchmark index was hovering at 188,067.12, up by 1,166.39 points or 0.62%. On Tuesday, buying momentum continued at the PSX as the KSE-100 Index closed the day higher by 1%. Asian stocks were on shaky ground on Wednesday, following steep losses in US and European equities on fears that advancements in artificial intelligence could supplant traditional software. Oil prices climbed after the US shot down an Iranian drone and armed boats approached a US-flagged vessel in a key waterway, while precious metals found a firmer footing after a recent rout. A selloff among US and European data analytics, professional services and software companies deepened after Anthropic’s launch of plug-ins for its Claude Cowork agent on Friday sparked worries of an AI-fuelled disruption to those industries.
Related news categories: business economic-indicators psx stock-exchanges

Loan rollover helps stocks extend gains
The Pakistan Stock Exchange (PSX) ended Tuesday's trading session on a highly positive note as UAE loan rollover, easing geopolitical worries and buying by local institutions helped extend the market's recovery. There was a reversal of the recent trend, where buyers continued to absorb selling pressure and pushed the KSE-100 index higher by nearly 1,850 points. Concerns over US-Iran tensions, rollover-related selling and caution ahead of corporate results subsided, while trading volumes showed signs of improvement. According to data, consistent buying by local institutional investors played a key role in underpinning confidence. During the day, the benchmark index traded between the high of 187,519 and low of 185,546. It closed at 186,901, up 1,843 points, or 1%.
Related news categories: business economic-indicators psx stock-exchanges

Pakistan medical exports to China cross $11.4m
Pakistan's exports of medical, surgical and precision instruments to China exceeded $11.41 million in 2025, reflecting steady expansion in higher-value manufacturing segments, according to data released by the General Administration of Customs of the People's Republic of China (GACC). GACC data showed medical and veterinary instruments and appliances remained the largest export category. Shipments totalled 9.02 million units valued at $6.65 million in 2025, compared with $7.97 million in 2024.
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Gold rebounds Rs24,000/tola
Gold prices in Pakistan rebounded sharply on Tuesday, tracking a strong recovery in the international bullion market after several sessions of steep losses that had rattled investors and traders. In the local market, the price of gold per tola surged by Rs24,000 to settle at Rs514,362, according to rates released by the All-Pakistan Gems and Jewellers Sarafa Association. Similarly, the price of 10-gram gold rose by Rs20,576 to Rs440,982. The sharp rebound came a day after gold had suffered a significant decline. On Monday, gold per tola had fallen by Rs21,500 to close at Rs490,362. Overall, the yellow metal had lost a cumulative Rs85,500 per tola over the previous three sessions, reflecting heightened volatility in global markets.
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Pakistanis see more corruption than they experience, iTAP survey shows
Pakistan's corruption problem appears to be bigger in perception compared to the situation on the ground as data has revealed a significant gap between people's opinion and the real experience. According to Pakistan's first homegrown transparency survey — the Index of Transparency and Accountability in Pakistan (iTAP), 68% of Pakistanis perceive bribery as a common feature, but only 27% have reported actual experience of being asked to pay a bribe. The Federation of Pakistan Chambers of Commerce and Industry (FPCCI), in collaboration with Ipsos, on Tuesday officially launched the study at the FPCCI Capital House, Islamabad. Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal, representatives from the public and private sectors, civil society, academia and media were present on the occasion.
Related news categories: business economic-indicators misc