← Mehreen Abbasi

Business & Economy Correspondent

Mehreen Abbasi

Stories by Mehreen Abbasi

Page 20 of 23
The trading floor and digital board of the Karachi Stock Exchange building, shown in a 2010 photograph.Pakistan / Business & Finance

PSX crashes 16,089 points in record one-day fall as Iran war rattles markets

The KSE-100 closed 9.57% lower at 151,973 on 2 March after panic selling over US-Israel strikes on Iran forced a one-hour trading halt on the Pakistan Stock Exchange.

A Pakistan International Airlines Boeing 777 in green and gold livery seen on an airport apron.Pakistan / Business & Finance

PIA halts Gulf flights as Pakistan evacuates citizens from Iran via Azerbaijan

Pakistan International Airlines suspended flights to the UAE, Bahrain, Qatar and Kuwait while the Foreign Office activated a crisis unit to bring citizens home.

Bronze bull statue outside the Islamabad Stock ExchangePakistan / Business & Finance

KSE-100 falls 830 points as border tensions with Afghanistan rattle investors

Pakistan's KSE-100 index closed 830.92 points lower at 168,062.16 on 27 February 2026 as border clashes with Afghanistan drove a sharp intraday sell-off.

A gold-coloured physical Bitcoin token embossed with the Bitcoin logo resting on the keys of a silver laptop keyboardPakistan / Business & Finance

Senate panel approves Virtual Asset Act 2026, clearing path to legal crypto trade

A Senate committee approved the draft Virtual Asset Act 2026 on 25 February, moving Pakistan toward licensed cryptocurrency trading after an eight-year ban.

A bull statue in front of a stock exchange building in Pakistan.Pakistan / Business & Finance

KSE-100 slides 3.6% as PSX posts second straight weekly decline

Pakistan's KSE-100 index fell 3.6 per cent week-on-week to close at 173,170, extending the PSX sell-off into a second week as foreign selling and geopolitical risk persisted.

Pakistan's Finance Minister Muhammad Aurangzeb photographed in a 2024 file image.Pakistan / Business & Finance

Pakistan, US discuss trade and investment in Washington meeting

Finance Minister Muhammad Aurangzeb met US Commerce Secretary Howard Lutnick in Washington on 21 February 2026 to discuss trade, investment and energy cooperation.

A row of traders and officials at the Karachi Stock Exchange beneath a digital board showing share prices.Pakistan / Business & Finance

KSE-100 posts steepest one-day fall as PSX crashes 6,683 points

Pakistan's benchmark KSE-100 index closed down 6,682.81 points, or 3.74 per cent, at 172,170.29, its steepest single-day fall, as oil and geopolitical fears drove panic selling.

The facade and entrance canopy of the Roosevelt Hotel in Midtown Manhattan, New York.Pakistan / Business & Finance

Pakistan and US sign MoU to redevelop New York's Roosevelt Hotel

Pakistan's finance ministry said the two governments signed a memorandum of understanding on 19 February 2026 to jointly renovate and redevelop the Roosevelt Hotel in Manhattan.

A Pakistan State Oil fuel station with a canopy and pumps beside a road in Hyderabad, Sindh.Pakistan / Business & Finance

Pakistan raises petrol by Rs5 and diesel by Rs7.32 a litre

The federal government raised petrol to Rs258.17 and high-speed diesel to Rs275.70 per litre for the fortnight from 16 February 2026, a Petroleum Division notification said.

The colonnaded sandstone facade of the State Bank of Pakistan building under a blue sky.Pakistan / Business & Finance

Pakistan repays $700m Chinese loan as FX reserves fall to $15.5bn

Pakistan repaid a $700 million China Development Bank loan, cutting gross official reserves to $15.5 billion ahead of an IMF review mission due on 25 February 2026.

Two men in shirts watch a large electronic board showing a falling benchmark index chart and stock listingsPakistan / Business & Finance

PSX KSE-100 falls below 180,000 as two-day sell-off deepens

The KSE-100 closed at 179,603.73 on 13 February 2026, down 908.91 points and below the 180,000 mark for the first time since early January as selling broadened.

A rising share-price chart on a trading screen beside a PIA aircraft on an airport tarmacPakistan / Business & Finance

PSX marks PIA privatisation with gong ceremony as new owners plan listing

The PSX held a gong ceremony on 12 February 2026 to mark PIA's Rs135 billion privatisation, as the airline's new owners said they plan to list it within a year.