Gunmen kill policeman, four laborers in southwestern Pakistan — official 

Pakistani policemen stand guard in front of shuttered shops at the market in Quetta on October 26, 2016. (AFP/File)
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Updated 31 October 2023
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Gunmen kill policeman, four laborers in southwestern Pakistan — official 

  • This is the second attack this month on workers in the volatile southwestern Balochistan province 
  • Outlawed Balochistan Liberation Army claims the attack, says the deceased were state ‘informants’ 

KARACHI: Four laborers and a police officer were gunned down in the southwestern Pakistani city of Turbat on Tuesday morning, a provincial government spokesperson said, in an attack claimed by the outlawed Balochistan Liberation Army (BLA) separatist group. 

This was the second attack this month on workers in the volatile Balochistan province, following an overnight raid that killed six laborers, who belonged to the Punjab province, in the same city on Oct 14. 

“Terrorists have once again targeted ordinary people, which exposes their real face,” Balochistan Caretaker Information Minister Jan Achakzai told Arab News. 

“One policeman has also been killed along with four laborers.” 

Claiming responsibility for Tuesday’s attack, the outlawed BLA said the deceased were “informants” who worked for the government and security agencies. 

Balochistan has been the scene of a low-level insurgency by the BLA and other separatist groups who demand independence from the central government in the capital as well as a greater share of the region’s resources. 

They have in the past targeted people from Pakistan’s Punjab and Sindh provinces as well as foreign workers they believe are exploiting the region without sharing its riches. 

Religious militant groups also operate in the province, which has one of the world’s largest underdeveloped sites of copper and gold deposits as well as other untapped mines and minerals. 


Pakistani stocks breach 176,000 points barrier as investors expect further rate cuts

Updated 01 January 2026
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Pakistani stocks breach 176,000 points barrier as investors expect further rate cuts

  • Pakistani financial analyst attributes surge to falling inflation, investors expecting further policy rate cuts
  • Pakistan’s finance ministry said Thursday that inflation had slowed to 5.6 percent year-on-year in December 

KARACHI: Pakistani stocks continued their bullish run on Thursday, breaching the 176,000 points barrier for the first time after trading ended, with analysts attributing the surge to investors expecting further cuts in the policy rate. 

The KSE-100 benchmark gained 2,301.17 points at close of business on Thursday, marking an increase of 1.32 percent to settle at 176,355.49 points. 

Pakistan’s central bank cut its key policy rate by 50 basis points to 10.5 percent last ‌month, breaking a four-meeting ‌hold in a move ‌that ⁠surprised ​markets. Pakistan’s consumer price inflation slowed to 5.6 percent year-on-year in December, while prices fell on a monthly basis as per data from the finance ministry. 

“Upbeat data for consumer price index (CPI) inflation at 5.6pc in December 2025 [with] investors expecting a further State Bank of Pakistan rate cuts on falling inflation data,” Ahsan Mehanti, CEO of Arif Habib Commodities Ltd., told Arab News. 

The stock market witnessed a trading volume of 1,402.650 million shares, with a traded value of Rs48.424 billion ($173 million), compared with 957.239 million shares valued at Rs44.231 billion ($158 million) during the previous session.

Topline Securities, a leading brokerage firm in Pakistan, credited the surge to strong buying at the first session.

“This positivity can be accredited to buying by local institutions on the start of the new calendar year,” it said. 

Pakistan’s Finance Adviser Khurram Schehzad highlighted that the bullish trend at the stock market reflected “strong investor confidence.”

“With lower inflation, affordable fuel, stronger reserves, rising digitization and a buoyant capital market, Pakistan’s economic outlook is clearly improving--supporting greater confidence, better investment sentiment and more positive momentum for 2026,” he said on social media platform X.