Pakistan observes Kashmir Solidarity Day today with rallies, speeches

Children wave Pakistan-administered Kashmir flags during a rally to mark Kashmir Solidarity Day in Islamabad, Pakistan, on February 5, 2024. (Government of Pakistan)
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Updated 05 February 2024
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Pakistan observes Kashmir Solidarity Day today with rallies, speeches

  • Pakistan observes Kashmir Solidarity Day every year on Feb. 5 to express its support for people living in Indian-administered Kashmir 
  • Internationally disputed region has been a flashpoint between India and Pakistan since their independence from British rule in 1947

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar expressed his “unwavering support” for the people of Indian-administered Kashmir territory as Pakistan observes a public holiday today, Monday, to show solidarity with Kashmiris. 

The Muslim-majority Himalayan region of Kashmir has been a flashpoint between Pakistan and India since their independence from British rule in 1947. Both Pakistan and India rule parts of the Himalayan territory, but claim it in full and have fought two out of three wars over the disputed region. 

Pakistan has repeatedly called for the right of self-determination for the people of Indian-administered Kashmir and urged New Delhi to hold a plebiscite in line with the resolutions of the UN Security Council. 

“He [Kakar] said that the ‘Kashmir Solidarity Day’ was annually observed on the 5th February to express Pakistan’s unwavering support to the Kashmiri people’s just struggle for realization of their right to self-determination,” the state-run Associated Press of Pakistan (APP) said, quoting Kakar. 

Every year on Feb. 5, people from all walks of life hold demonstrations, form human chains and organize events in many parts of the country to express their support for the people of Indian-administered Kashmir. 

In connection with the Kashmir Solidarity Day, a walk is scheduled to be held in the Pakistani capital of Islamabad today, which would see participation from cabinet members, parliamentarians and people from different walks of life, according to the state-run Radio Pakistan.

In his message for Kashmir Solidarity Day, Pakistan’s President Dr. Arif Alvi said Kashmiris have been struggling for their rights for the past 76 years. 

“Today, IIOJK [Indian Illegally Occupied Jammu and Kashmir] is one of the most militarized zones in the world. Kashmiris are living in an environment of fear and intimidation,” Alvi said. 

In December last year, India’s Supreme Court upheld a 2019 decision by the government of Prime Minister Narendra Modi to revoke special autonomous status for Indian-administered Kashmir and set a deadline of Sept. 30 next year for state polls to be held.

The Modi government’s repealing of Article 370 of the constitution in 2019 allowed people from the rest of the country to have the right to acquire property in Indian-administered Kashmir and settle there permanently.

Kashmiris, rights groups and critics of the Indian government had termed the move an attempt to dilute the demographics of the only Muslim-majority Indian state.

It also heightened tensions between Pakistan and India, with Islamabad vowing not to normalize ties with New Delhi until it reverses its August 5 move. 


Pakistan stocks recover as oil supply fears ease after Islamabad seeks Red Sea route— analyst

Updated 05 March 2026
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Pakistan stocks recover as oil supply fears ease after Islamabad seeks Red Sea route— analyst

  • Pakistan has sought Saudi help to secure oil supplies via Red Sea port after Iran’s closure of Strait if Hormuz
  • Analyst says higher crude oil prices, expectations of IMF releasing next loan tranche also triggered bullish activity

ISLAMABAD: Pakistani stocks marked a sharp recovery when trading closed on Thursday, as institutional activity increased following Islamabad’s move to seek crude oil supplies through the Red Sea port eased oil supply fears, a financial analyst said. 

Pakistani stocks have recorded a sharp decline this week, with the benchmark KSE-100 index recording its largest-ever single-day decline on Monday when it plunged 16,089 points. Escalating conflict in the Middle East triggered panic selling at the Pakistani bourse, forcing a temporary trading halt on Monday. 

The KSE-100 index, however, gained 3.49 percent or 5,433.46 points to close at 161,210.67 when trading ended on Thursday, up from the previous close of 155,777.21 points, according to Pakistan Stock Exchange’s (PSX) data.

Pakistan’s Petroleum Minister Ali Pervaiz Malik met Saudi Ambassador Nawaf bin Said Al-Malki on Wednesday to discuss Iran’s closure of the key Strait of Hormuz, which has threatened Pakistan’s energy supply. Roughly 20 percent of the global oil and gas supply passes through the route. Saudi Arabia indicated it could facilitate shipments through the Red Sea port of Yanbu, offering an alternative route if Gulf shipping lanes remain disrupted, the petroleum ministry said on Wednesday. 

“Stocks staged a sharp recovery at PSX amid institutional activity on easing fuel supply fears after KSA [Kingdom of Saudi Arabia] commits oil supplies through the Red Sea port,” Ahsan Mehanti, chief executive officer at Arif Habib Commodities, told Arab News.

He said higher global crude oil prices and expectations of the International Monetary Fund releasing its next tranche of the $7 billion loan for Pakistan also helped bullish activity at the PSX.

An IMF mission was in Pakistan to hold talks on the third review of a $7 billion Extended Fund Facility multi-year program, and for the second review of the $1.4 billion Resilience and Sustainability Facility this week.

However, the delegation left for Türkiye amid tensions in the Gulf. Pakistani officials have said talks are likely to continue virtually in the coming days. 

Pakistani brokerage Topline Securities said in its daily market review report that strong institutional buying “turned the tide” on Thursday after the market’s recent overreaction to regional issues.

The report added that Hub Power Company (HUBC), Oil & Gas Development Company (OGDC), Fauji Fertilizer Company (FFC), Engro Corporation (ENGROH), and Meezan Bank Limited (MEBL) collectively contributed 2,197 points to the KSE benchmark’s gain.

Topline Securities said 723 million shares were traded on Thursday, with K-Electric Limited (KEL) stealing the spotlight as more than 1.17 billion shares changed hands.

Pakistani investors are closely monitoring developments in the Gulf, particularly around energy routes and further retaliatory actions, as the conflict’s trajectory remains uncertain.