PSX extends gains over 2,400 points as oil slides on US-Iran talk optimism

Buying momentum returned to the Pakistan Stock Exchange (PSX) on Tuesday, as investor sentiment improved amid growing optimism over a potential second round of US-Iran talks aimed at resolving the ongoing conflict. Hopes that diplomacy may progress have weighed on global oil prices, easing supply concerns and providing a supportive backdrop for equity markets.  The […]

Ishaq Dar, Egyptian FM discuss regional developments in call

Deputy Prime Minister and Foreign Minister, Ishaq Dar, on Tuesday held a telephonic conversation with Egypt’s Foreign Minister Badr Abdelatty to discuss the latest regional developments, according to a statement posted by the Foreign Office on X. The statement said both ministers “emphasised the importance of dialogue and engagement for peace and stability” during their […]

Pakistan steps up efforts to salvage talks

Prime Minister Shehbaz Sharif on Monday held a telephonic conversation with European Council President Antonio Costa. Both leaders expressed hope for progress in the anticipated Iran–US talks expected to be hosted in Islamabad. According to an official statement, the two leaders exchanged views on regional developments, particularly the diplomatic efforts aimed at easing tensions between […]