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The Pakistan Stock Exchange greeted 2026 with a bull-run – SUCH TV

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The Pakistan Stock Exchange greeted 2026 with a bull-run – SUCH TV



The Pakistan Stock Exchange (PSX) greeted 2026 with a bull-run on Thursday, with the benchmark KSE-100 Index gaining nearly 1,500 points during the opening hours of the trading session.

At about 11:00 am, the PSX’s benchmark index was hovering at 175,551.37, a gain of 1,497.05 points or 0.85 percent.

Out of 565 companies traded so far, share prices of 329 companies were up, 96 down while 140 remained unchanged.

Buying interest was observed in key sectors, including commercial banks, oil and gas exploration companies and OMCs. Index-heavy stocks, including OGDC, POL, PPL, PSO, MCB and UBL, traded in the green.

On a fiscal front, the Fedeal Board of Revenue (FBR) provisionally collected Rs6,154 billion during the first six months (July-December) 2025-26 against the target of Rs6,490 billion, reflecting a shortfall of Rs336 billion.

The shortfall in revenue collection during December 2025 may prompt the government to activate contingency measures as agreed with the International Monetary Fund (IMF).

On Wednesday, the stock exchange closed lower after profit-taking on the last trading day of the year was set in. The index decreased by 418.45 points to settle at 174,054.32 points.

 



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Supreme Court: No personal oral hearing needed before labelling bank accounts as fraud: SC | India News – The Times of India

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Supreme Court: No personal oral hearing needed before labelling bank accounts as fraud: SC | India News – The Times of India


The Supreme Court, on Tuesday, issued a decision regarding the classification of bank accounts as fraud. The apex court ordered that banks are not obligated to grant customers a personal oral hearing before declaring their accounts as fraud. However, prior to labelling them, banks must provide customers with a forensic audit report.The ruling follows submissions made earlier this year by the Reserve Bank of India (RBI) and State Bank of India (SBI), which argued that conducting personal hearings in every case would not be feasible given the scale of fraud in the banking system.Earlier, appearing for SBI, solicitor general Tushar Mehta had told the court that the volume of fraud cases has risen sharply, making individual hearings difficult to implement. He said that introducing such a requirement could disrupt the process of identifying and declaring fraudulent accounts.

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The court was informed that around 60,000 instances of bank fraud were recorded over the past two financial years, involving Rs 48,244 crore. Breaking down the figures, Mehta said there were 36,060 cases in 2023–24 and 23,953 in 2024–25. The amount involved in 2024–25 stood at Rs 36,014 crore, reflecting a 194 per cent increase from Rs 12,230 crore in the previous year.A bench of Justices J B Pardiwala and K V Viswanathan had earlier questioned the absence of personal hearings, noting that such a step is generally linked to principles of natural justice. In response, Mehta maintained that banks do not offer personal hearings in these situations, as it may defeat the purpose of the classification process. He added that there could also be circumstances where providing such hearings is not possible.



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Stock market today: Nifty50 opens below 22,800, Sensex tumbles over 800 points as oil prices stay above $110 – The Times of India

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Stock market today: Nifty50 opens below 22,800, Sensex tumbles over 800 points as oil prices stay above 0 – The Times of India


Stock market today: Dalal Street opened in red on Tuesday, with benchmark indices slipping 0.9% as oil prices continued to rise and US President Donald Trump’s deadline for Iran nears. While Nifty50 began the day below 22,800, Sensex fell over 800 points in early trade to touch 73,282.41. As of 9:20 am, Nifty50 was trading at 22,765.45, down 202.80 or 0.88%. BSE Sensex made slight recovery, down 694.03 points or 0.94% to 73,412.82.This fall comes after a sharp rebound in the previous session, when both Sensex and Nifty recovered strongly, erasing early losses triggered by rising crude oil prices as tensions continued to intensify in the Middle East. Traders attributed the rise to intense buying in banking and IT stocks, along with a strengthening rupee, that lifted investor’s confidence.During the volatile session on Monday, the 30-share BSE Sensex surged 787.30 points, or 1.07%, to settle at 74,106.85. During intraday trade, it had jumped 887.91 points, or 1.21%, to touch 74,207.46. Market breadth remained firmly positive, with 3,207 stocks advancing, 1,147 declining and 190 remaining unchanged on the BSE.The 50-share NSE Nifty also ended higher, rising 255.15 points, or 1.12%, to close at 22,968.25. Rupee, however, stayed firm on Tuesday, opening at 93.0025 per US dollar, rising 0.06% from its previous close of 93.06 against the greenback.In global markets, oil prices climbed while equities showed a mixed trend as investors assessed Donald Trump’s latest deadline for Iran to reopen the strategic Strait of Hormuz or face being “decimated”.West Texas Intermediate rose 2.6% to $115.34 per barrel, and Brent North Sea crude gained 1.3% to $111.24 per barrel. Across Asia, Tokyo’s Nikkei 225 slipped 0.2% to 53,323.41 in early trade, while Shanghai’s Composite index rose 0.5% to 3,899.09. Hong Kong’s Hang Seng Index remained closed for a holiday.In currency markets, euro weakened to $1.1530 from $1.1543 on Monday, while the pound dipped to $1.3216 from $1.3236. The dollar strengthened against the yen to 159.86 from 159.68. The euro also edged lower against the pound to 87.25 pence from 87.27 pence. In the US, the Dow Jones Industrial Average ended 0.4% higher at 46,669.88, while London markets were closed for a holiday.



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Wellness brand announces new product range for those on weight-loss jabs

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Wellness brand announces new product range for those on weight-loss jabs


Applied Nutrition is significantly expanding its product range to cater to customers using weight loss drugs, following a substantial increase in demand over the past year.

The health and wellness brand said it has identified a key business opportunity stemming from the sharp rise in Britons using GLP-1 treatments, such as Mounjaro and Wegovy.

The London-listed company, which already offers GLP-1-friendly high-protein ready meals launched in late 2025, confirmed that new products specifically designed for this market will be introduced later this year.

“The GLP-1 user is a growing customer. We see this as a consumer at the start of their weight loss journey who is now looking at how the medication can help them,” Thomas Ryder, founder and chief executive of the Liverpool-based firm, said.

“There is an opportunity, as those customers often need supplements and need smaller portions. I think this is a catalyst for the health and wellness space if we have that consumer in mind.

“We do have a number of products we will bring to market in this area because we do see that area growing.”

A growing number of people are now using weight-loss medication (PA)

At least 1.6 million Britons have used weight loss jabs in the past year, according to research by University College London.

Applied Nutrition has reported strong growth, driven by targeting new customer opportunities and diversifying its sales channels, including expansion into UK retail stores.

In March, the company announced robust financial results, with pre-tax profits soaring by 77.1% to £20.9 million for the six months ending 31 January, compared to the previous year.

Sales also saw a significant uplift, rising by 56.5 per cent to £74.5 million over the same half-year period.

However, the firm cautioned that sales volumes in the Middle East are expected to be affected by the ongoing conflict in the region.

Applied Nutrition said it still expects to meet revenue targets for the year of around £140 million.

The company added: “Importantly, we have managed similar disruption in the past, supported by the agility of our operations.

“In this instance, we are working closely with customers to adapt our routes into the region and logistics arrangements to safeguard continued supply to those customers.”



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