Pakistan’s stock exchange halts trading for an hour, exchange notification shows

Stockbrokers watch an index board showing the latest share prices during a trading session at the Pakistan Stock Exchange (PSX) in Karachi, Pakistan, on September 20, 2021. (AFP/File)
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Updated 12 May 2025
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Pakistan’s stock exchange halts trading for an hour, exchange notification shows

  • A 5 percent increase in KSE-30 index from previous day’s close led to market halt as per stock market regulations
  • Development takes place amid Saturday’s ceasefire announcement between India and Pakistan after clashes

Pakistan’s stock exchange halted trading on Monday for an hour, according to an exchange notification, after the benchmark KSE-100 share index rose 8.84 percent in early trade.

A 5 percent increase in the KSE-30 index from the previous trading day’s close led to a market halt as per stock market regulations. All equity and equity based markets have been suspended, as per the notification.

Markets will reopen at 10:42 a.m. local time (0542 GMT).

Saturday’s ceasefire in the Himalayan region, announced by US President Donald Trump, followed four days of intense firing and diplomacy and pressure from Washington.
Indian shares also rallied on Monday. 


Pakistan to export halal meat worth $14.5 million to Tajikistan

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Pakistan to export halal meat worth $14.5 million to Tajikistan

  • Effective trade facilitation can increase bilateral Pakistan-Tajikistan trade to $300 million, says state media
  • PM Shehbaz Sharif approved Pakistan’s halal meat policy earlier this month in bid to boost meat exports

ISLAMABAD: Pakistan will export 143,000 tons of halal meat to Tajikistan worth $14.5 million in the near future, state media reported on Tuesday amid Islamabad’s efforts to bolster trade with Central Asian countries. 

Prime Minister Shehbaz Sharif, earlier this month, approved Pakistan’s halal meat policy that aims to boost Islamabad’s meat exports to Muslim states. 

In a high-level meeting on Dec. 24, Federal Minister for Food Security Rana Tanveer Hussain said Malaysia, Saudi Arabia, Iran and other Gulf countries are ready to import Pakistani fresh meat and rice. The minister said Tajikistan has expressed the demand to import nearly 100,000 tons of meat from Pakistan. 

“According to details, Pakistan will export one hundred and forty-three thousand tons of halal meat to Tajikistan, valued at 14.5 million dollars,” state broadcaster Radio Pakistan reported. 

It did not, however, specify a timeline as to when Islamabad planned to export the halal meat items to the Central Asian nation.

The state media said that effective trade facilitation will increase bilateral trade between Pakistan and Tajikistan to $300 million, strengthening regional economic integration.

Pakistan has recently attempted to increase its halal meat exports to other Muslim countries such as Malaysia. Both countries announced they had agreed to a $200 million halal meat trade quota during Sharif’s visit to Malaysia in October. 

A 2024 report by the Pakistan Bureau of Statistics (PBS) mentioned that the country exported meat worth $512 million in 2024, which included beef, mutton and poultry.

According to the PBS, the UAE remained Pakistan’s top meat export market in 2024 with exports to the Gulf nation reaching $201 million. Meanwhile, meat exports to Saudi Arabia recorded a growth of 65.1 percent last year valued at $141 million.