Business - DAWN.COM

E-Paper | March 03, 2026

Govt to translate impact of rising global oil prices to consumers under existing fortnightly mechanism

Cabinet committee formed by PM Shehbaz to monitor petroleum prices to meet daily; told national stock of petroleum products at comfortable levels.

Updated 02 Mar, 2026 09:24pm

PSX Highlights of the Day

Company	Price	Change	Change %	Volume
ITANZ	22.5	2.05	10.02 ▲	109,900
JUBSNC	27.13	2.47	10.02 ▲	152,475
AGLNCPS	42.44	3.86	10.01 ▲	845
HUSI	33.69	2.93	9.53 ▲	29,320
ICCI	10.78	0.73	7.26 ▲	10,116

Company	Price	Change	Change %	Volume
LOADSR1	0.16	-0.24	-60.00 ▼	7,758,325
TSBLR1	0.2	-0.19	-48.72 ▼	7,127,252
UCAPM	3.21	-0.91	-22.09 ▼	267,073
WASLXR	3.72	-1	-21.19 ▼	952,355
YOUW	3.33	-0.86	-20.52 ▼	716,350

Source: PSX | Updated Mar 02, 2026

Talks between Pakistan, IMF mission go virtual amid regional volatility

The IMF mission led by Iva Petrova had to immediately relocate to Istanbul; Fund says discussions to continue virtually.

Updated 02 Mar, 2026 10:11pm

KSE-100 plunges 16,089 points in record one-day drop

Analysts note the sharp sell-off was driven by escalating geopolitical tensions globally, triggering widespread risk-off sentiment and heavy selling pressure across the board.

Updated 02 Mar, 2026 03:21pm

Branded Content

Inside Eminent: Karachi’s new house of fashion and lifestyle that’s worth the buzz

Through its statement #BeYou, the brand encourages its audience to embrace who they truly are.

Looking for the best spring mattress in Pakistan? Here’s why Hotel Grandiose stands out

The Hotel Grandiose by Celeste is designed around structure, balance and long-term performance.

Decapeptide-12 and the architecture of targeted Melanogenesis Modulation research

A precision-engineered decapeptide reshaping how researchers approach melanogenesis modulation at the enzymatic level.

Gold climbs as US-Israel strikes on Iran spark safe-haven demand

Bullion, a traditional safe-haven asset, has hit successive record highs this year due to heightened global political and economic uncertainty.

Published 02 Mar, 2026 03:18pm

Oil surges as Iran conflict disrupts Middle Eastern supply flow

Analysts note that while the markets are acknowledging the seriousness of the conflict, they are also signalling that, for now, this is a geopolitical shock, not a systemic crisis.

Published 02 Mar, 2026 12:17pm

Rupee holds steady against dollar in interbank, open market

US dollar rate Rs280.35 for buying and Rs282.15 for selling in the open market; Rs279.35 for buying and Rs279.85 for selling in the interbank market.

Published 02 Mar, 2026 05:09pm

Inflation update: power bills and produce push inflation to 6.98pc

Pakistan’s National Consumer Price Index rate edged close to 7pc in February 2026, marking the highest annual reading since October 2024.

Published 02 Mar, 2026 05:07pm

Indigenisation focused growth strategy

The State Bank’s latest data shows that profit and dividend outflows on foreign investment during July-January 2026 jumped by 26pc to $1.68bn.

Updated 02 Mar, 2026 01:03pm

A misaligned legal framework

Resolving a typical commercial dispute in Pakistani courts takes over five years, while only a small fraction settle within one to three years.

Updated 02 Mar, 2026 08:54am

UAE halts stock markets for two days after Iran strikes

UAE's two exchanges are home to some of the region's most valuable listed companies, and their closure keeps billions of dollars in listed assets in suspension.

Published 02 Mar, 2026 12:24am