Two dead, several injured in northwest Pakistan amid monsoon rains, flood warning

Commuters ride along a street after rainfall in Peshawar on June 5, 2024. (FP/File)
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Updated 18 July 2024
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Two dead, several injured in northwest Pakistan amid monsoon rains, flood warning

  • Pakistan’s disaster management body expects recent spell of monsoon rains to continue until July 21
  • The loss of life was caused in Khyber Pakhtunkhwa’s Charsadda region due roof collapse amid heavy rains

PESHAWAR: Two people were killed and several others injured in the recent spell of rains in Pakistan’s northwest, an official statement released on Thursday confirmed, with the provincial Khyber Pakhtunkhwa (KP) administration expressing sorrow over the development.

The recent loss of life followed an alert issued by Pakistan’s National Disaster Management Authority (NDMA) warning of floods in KP, Punjab and other parts of the country due to monsoon rains.

Pakistan experienced devastating floods in 2022, resulting in the deaths of approximately 1,700 people and causing extensive damage to houses, farmlands and public infrastructure.

It is also considered among one of the top 10 countries most vulnerable to climate change, despite contributing minimally to global greenhouse gas emissions.

“Two people were killed and several others injured as roofs of houses collapsed due to heavy rains in Shabqadar, Charsadda,” said the statement released by the KP government.

It also noted that Chief Minister Ali Amin Gandapur extended condolences and sympathies to the families of the deceased.

He directed the relevant district administration to provide timely medical assistance to the injured and ensure immediate relief to the affected.

The NDMA forecast rains and thundershowers a day earlier in the upper regions of the country from July 16 to 21 with occasional gaps.

It noted that rain could exceed 50 millimeters and cause flooding in local streams.

“The NDMA has issued instructions to all relevant departments to take necessary precautions to mitigate the possible effects of flooding and extreme weather,” the alert said.

“The public is advised to take precautions to avoid flooding and to ensure their safety from lightning strikes,” it continued. “Avoid going outside during bad weather and keep a safe distance from electrical poles and wires.”

The NDMA also announced the launch of its cellphone app, available on Google Play Store and iOS App Store, to help the public get timely alerts, adviseries and guidelines.


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.