Pakistan's equity market closed the week on a strong note as investor sentiment improved amid easing geopolitical tensions following the extension of US-Iran ceasefire for 60 days. The benchmark KSE-100 index surged 4% week-on-week to close at 173,963, gaining 6,119 points, in the shortest trading »»»

This is the third global energy shock in less than two decades. For Pakistan, where imported fuel underpins much of the economy, the impact is invariably sharper than for most peers. The previous shocks in 2008 and 2022 did more than raise prices. They destabilised growth, strained external balance»»»