Pakistan stocks rise 3 percent on weekly basis outshining other asset classes

Stockbrokers monitor the latest share prices at the Pakistan Stock Exchange (PSE) in Karachi on July 3, 2023. (AFP/File)
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Updated 10 August 2025
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Pakistan stocks rise 3 percent on weekly basis outshining other asset classes

  • The market this week crossed the 140,000-point mark
  • The average daily traded volume was 653 million shares

KARACHI: The Pakistan Stock Exchange (PSX) has seen an increase of 3.08 percent on a week-on-week basis, a Karachi-based market research firm said on Friday.

The market this week crossed the 140,000-point barrier and closed the weekend session at 145,382.79 points on Friday, according to the PSX website.

The average daily traded volume and value during the week stood at 653 million shares and Rs47 billion ($165 million), respectively.

“This gain can be largely be attributed to buying by mutual funds on inflow of funds as equities performance continue to outshine other asset classes,” Karachi-based Topline Securities said in its weekly review.

Pakistan trade deficit for July clocked in at $2.8 billion, up by 44 percent year on year, according to the report. The country recorded remittance inflows of $3.2 billion last month, down 6 percent month on month and up 7 percent year on year.

Foreign exchange reserves held by the central bank decreased by $72 million on a weekly basis to reach $14.2 billion as of August 1, the central bank reported on Thursday.


Pakistan arrests suspect arriving from Cambodia amid crackdown on human smuggling

Updated 14 December 2025
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Pakistan arrests suspect arriving from Cambodia amid crackdown on human smuggling

  • Suspect worked at an “online fraud company” in Cambodia, later started smuggling people from Pakistan, says FIA
  • Pakistan has intensified crackdown against human smugglers after hundreds of migrants drowned near Pylos in 2023

ISLAMABAD: Pakistan’s Federal Investigation Agency (FIA) on Sunday said it had arrested a key suspect involved in smuggling humans who had arrived from Cambodia, alleging he was also part of an international fraud network. 

The suspect, identified as Zainullah, was arrested by FIA officials when he arrived in the southern port city of Karachi from Cambodia. 

Zainullah had traveled from Pakistan to Cambodia in September 2024, a press release issued by the agency said. 

“He worked at an online fraud company in Cambodia and later became involved as an agent in recruiting individuals from Pakistan,” the FIA said. 

The FIA said it recovered images of multiple individuals’ passports, payment receipts and bank transaction records after extracting data from Zainullah’s phone. 

It said the suspect received money through personal bank accounts and a cryptocurrency account.

“The suspect has been handed over to the FIA Anti-Human Trafficking Circle, Karachi, for further legal proceedings,” the FIA said. 

“Further investigation is underway.”

Pakistan intensified action against illegal migration in 2023 after hundreds of migrants, including 262 Pakistanis, drowned when an overcrowded vessel sank off the Greek town of Pylos, one of the deadliest boat disasters in the Mediterranean. 

Authorities say they continue to target networks sending citizens abroad through dangerous routes, following heightened scrutiny at airports and a series of arrests involving forged documents.

Pakistan’s interior ministry said this week illegal migration to Europe has declined by 47 percent this year after its nationwide crackdown, saying that more than 1,700 human smugglers have been arrested in 2025.