Business
Pakistan stock market surges, first bar index reaches new high – SUCH TV
Pakistan’s stock market began the final week of the year with strong gains on Monday, as the benchmark KSE-100 Index climbed above the 174,000 mark in early trading.
In the opening minutes of the session, the index surged past 174,000. By 9.35am, the KSE-100 stood at 173,808.99 points, up 1,408.26 points, or 0.82 per cent, from the previous close.Shortly afterwards, gains exceeded 1,900 points, allowing the benchmark index to breach the 174,000 milestone.
Market analysts said the rally was driven by broad-based buying across key sectors, including automobile assemblers, cement, commercial banks, fertiliser, oil and gas exploration companies, oil marketing companies (OMCs), power generation firms and refineries.
According to Arif Habib Limited’s report, “Pakistan Investment Strategy 2026: The Equity Edge Continues,” Pakistan’s stock market could emerge as the best-performing asset class in 2026.
The report cited improving economic stability, easing inflation and sustained domestic liquidity as key factors expected to support the market.
The stock market had also posted historic gains last week, with the KSE-100 closing at a record 172,400.73 points after a strong rally, reflecting a weekly increase of 0.6 per cent.
Last Updated:
SEBI proposes stricter base price and band rules for gold, silver ETFs, including cooling-off periods after sharp global price swings to curb volatility.
Amid Global Commodity Volatility, SEBI Plans New Price Band Rules for Gold, Silver ETFs
The market regulator has sought to curb extreme volatility in gold and silver Exchange Traded Funds (ETFs) by proposing changes to the base price and price band framework. Currently, there are no separate price bands for ETFs aligned with their underlying assets, making them vulnerable to sharp price movements.
The proposal comes after sharp volatility in gold and silver ETFs triggered by fluctuations in global commodity prices. On some days, these ETFs fell by over 15%, while on others, they recorded sharp gains.
Stock exchanges currently apply a fixed price band of plus or minus 20% on the base price of ETFs, except for Overnight ETFs investing only in TREPs, which have a price band of plus or minus 5%.
Moreover, the base price for applying price bands to ETFs is taken as the T-2 day closing Net Asset Value (NAV) by exchanges, instead of the T-1 day closing NAV or price, as is the case with indices and individual stocks. This creates a challenge, as the closing NAV of ETFs typically differs between T-1 and T-2 days. Corporate actions such as bonuses and dividends are adjusted manually, increasing the risk of errors.
What Are the Key Proposals?
SEBI has proposed that the base price be determined using either the closing price of the ETF on T-1 day (weighted average price of the last 30 minutes), the closing NAV of T-1 day, or the average indicative NAV (iNAV) of the last 30 minutes of T-1 day.
Further, the regulator has proposed an initial price band of plus or minus 10% for equity and debt ETFs, which can be flexed up to plus or minus 20%. A cooling-off period of 15 minutes will apply, and up to two flexes will be allowed in a day.
For gold and silver ETFs, the regulator has proposed an initial price band of plus or minus 6%, which can be flexed up to plus or minus 20%. This will also include a 15-minute cooling-off period.
Click here to add News18 as your preferred news source on Google.
February 14, 2026, 16:08 IST
Read More
Oil and Gas Regulatory Authority (OGRA) forwarded a summary to the federal government suggesting an increase of Rs4.39 per liter in petrol price for the next fortnight.
After approval from the federal government, one liter of petrol will be sold at Rs257.56 instead of Rs253.17 per liter.
The price of high-speed diesel (HSD) will be increased by Rs5.40 per liter.
After approval, the price of one liter of high-speed diesel will increase by Rs268.38 to Rs273.78.
The proposal to increase the price of kerosene by Rs4 per liter is also on the cards.
The OGRA also recommended increasing the price of one liter of light diesel by Rs6.55.
The new prices of petroleum products will be effective from February 16, 2026.
Due to tension between the USA and Iran, petroleum prices are likely to increase further.
The group, based in Solihull and Wolverhampton, says its vet bills are costing them more.
Source link
These Are the Best Alternatives to Google’s Android Operating System
Babar stresses calmness ahead of T20 World Cup clash with India
SEBI Proposes Overhaul Of Gold And Silver ETF Price Bands After Sharp Swings
How a factory error in China created a viral “crying horse” Lunar New Year trend
New York Is the Latest State to Consider a Data Center Pause
Aye Finance IPO Day 2: GMP Remains Zero; Apply Or Not? Check Price, GMP, Financials, Recommendations
-
Entertainment1 week agoHow a factory error in China created a viral “crying horse” Lunar New Year trend
-
Business4 days ago
Aye Finance IPO Day 2: GMP Remains Zero; Apply Or Not? Check Price, GMP, Financials, Recommendations
-
Tech1 week agoNew York Is the Latest State to Consider a Data Center Pause
-
Tech1 week agoNordProtect Makes ID Theft Protection a Little Easier—if You Trust That It Works
-
Tech1 week agoPrivate LTE/5G networks reached 6,500 deployments in 2025 | Computer Weekly
-
Fashion4 days agoComment: Tariffs, capacity and timing reshape sourcing decisions
-
Business1 week agoStock market today: Here are the top gainers and losers on NSE, BSE on February 6 – check list – The Times of India
-
Business1 week agoMandelson’s lobbying firm cuts all ties with disgraced peer amid Epstein fallout