Business - DAWN.COM

E-Paper | April 07, 2025

PSX settles nearly 3,900 points in the red as global market rout spooks investors

PSX settles nearly 3,900 points in the red as global market rout spooks investors

Analyst attributes decline to fears of a global recession; stock market halts to "cool down" before nosediving to total 8,600 points in intraday trade.

Updated 5 minutes ago

Related

PSX Highlights of the Day

Company	Price	Change	Change %	Volume
SMLNC	35.1800	3.2000	10.01 ▲	207,252
PMPK	1.0000	98.2000	10.00 ▲	20,242
FECM	14.6400	1.3300	9.99 ▲	48,367
NBPGETF	26.1800	2.0600	8.54 ▲	4,500
ANTM	10.8400	0.7600	7.54 ▲	2,959

Company	Price	Change	Change %	Volume

Source: PSX | Updated Apr 07, 2025

India sees no hit to projected growth from US tariffs; economists remain sceptical

India sees no hit to projected growth from US tariffs; economists remain sceptical

Economists, including at Goldman Sachs, have lowered country’s growth estimates to 6.1pc.

Published about 7 hours ago

Adapting to Trump’s new tariffs

Adapting to Trump’s new tariffs

Many textile exporters view them and the newly reduced power rates as an opportunity to attract fresh investments.

Updated about 7 hours ago

Without fiscal discipline, country will remain trapped in vicious cycle of debt, economic stagnation

Without fiscal discipline, country will remain trapped in vicious cycle of debt, economic stagnation

Due to continued reckless borrowing, the cost of domestic debt servicing has surged from Rs1.15 trillion in FY14 to approximately Rs8.16tr in FY24.

Published about 7 hours ago

Deepening water crisis

Deepening water crisis

Pakistan should prioritise rainwater harvesting as a key solution to address its declining groundwater levels.

Published about 7 hours ago

Oil markets battered and bruised

Oil markets battered and bruised

Trump’s import tariffs, Opec+’s unwinding of production cuts and China’s retaliatory actions have wiped off $10 per barrel from global oil prices.

Updated about 7 hours ago

The vicious trade war worsens

The vicious trade war worsens

Fears of global recession abound as Pakistan and other nations reel from the sudden announcement of steep US reciprocal tariffs.

Published about 12 hours ago

Redirecting talent towards productivity

Redirecting talent towards productivity

Prime minister reiterates the need for Pakistan to break free from its IMF reliance.

Published about 12 hours ago

Reforming debt for the long term

Reforming debt for the long term

If green Sukuk is used to finance productive, climate-friendly projects rather than raising cheaper debt, it could set a new standard.

Published about 12 hours ago

Nepra flags Rs1.5 per unit burden on consumers

Nepra flags Rs1.5 per unit burden on consumers

Member from Sindh calls on govt to take urgent corrective measures; thermal power plants operated at just 24pc capacity in February.

Updated about 10 hours ago

Relief attempts fall short — again

Relief attempts fall short — again

Highlights

Disinflation — a mirage amid hardship

Disinflation — a mirage amid hardship

The hype of Google Wallet

The hype of Google Wallet

The certain uncertainty of wheat

The certain uncertainty of wheat

Agriculture: Shackling the mighty Indus

Agriculture: Shackling the mighty Indus

Chaos in the global shipping industry

Chaos in the global shipping industry

A questionable pivot towards crypto

A questionable pivot towards crypto

Aurora

Is Gen Z more prone to suicide and depression than previous generations?

Is Gen Z more prone to suicide and depression than previous generations?

Business & Finance

Adapting to Trump’s new tariffs

Adapting to Trump’s new tariffs

Many textile exporters view them and the newly reduced power rates as an opportunity to attract fresh investments.

Updated about 7 hours ago

Oil markets battered and bruised

Oil markets battered and bruised

Trump’s import tariffs, Opec+’s unwinding of production cuts and China’s retaliatory actions have wiped off $10 per barrel from global oil prices.

Updated about 7 hours ago

Digital Banks — opportunities and challenges

The key challenge for these nascent banks will be patient capital and the staying power of their owners

Published about 12 hours ago

Reforming debt for the long term

Reforming debt for the long term

If green Sukuk is used to finance productive, climate-friendly projects rather than raising cheaper debt, it could set a new standard.

Published about 12 hours ago

Newspaper

Adapting to Trump’s new tariffs

Oil markets battered and bruised

Digital Banks — opportunities and challenges

Reforming debt for the long term

KSE 100-share index fluctuations

Rupee report: Weekly rupee-dollar parity

Finance: Urging financial prudence

CORPORATE WINDOW: Relief attempts fall short — again

Overtaxed and underserved — reforming a broken tax equation

Redirecting talent towards productivity

Less toys for kids

Breaking funding records

Data points

Losing billions because of Trump

Bleeding stock market

Using AI for empowerment

The vicious trade war worsens

Disinflation — a mirage amid hardship

Cement sales slip 6.6pc as subdued construction activity persists

Nissan mulls transferring some production to US

US starts collecting Trump’s new 10pc tariff on imports

Opec+ panel urges compliance after surprise output hike

India, UAE to develop energy hub in Sri Lanka

Three nations pull $1bn from T-bills amid uncertainty

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