DERA ISMAIL KHAN: A group of militants used kerosine to set fire to a girls’ school in a former Pakistani Taliban stronghold, destroying furniture, computers and books, police said Wednesday, in the latest in a surge in such attacks.
No one was hurt in the overnight attack in North Waziristan in Khyber Pakhtunkhwa province, local police official Rehmat Ullah said. Two other girls’ schools in the region were bombed earlier this month.
No one has claimed responsibility for the attacks, but authorities suspect Islamic militants, who targeted girls’ schools years ago, saying that women should not be educated.
North Waziristan is a former stronghold of the Pakistani Taliban, who are also known as Tehreek-e-Taliban Pakistan. It is a separate group but a close ally of the Afghan Taliban, who seized power in neighboring Afghanistan in 2021. The Taliban’s takeover in Afghanistan has emboldened the Pakistani Taliban.
Suspected militants burn girls’ school in northwest Pakistan in third such attack this month
https://arab.news/pfpyj
Suspected militants burn girls’ school in northwest Pakistan in third such attack this month
- Kerosine used to set fire to a girls’ school in North Waziristan district
- Suspects destroyed furniture, computers and books in latest attack
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.
