Business - DAWN.COM

E-Paper | June 12, 2026

President Zardari approves bill, 'fulfilling all legal formalities' for PIA's privatisation

Gives his assent to the Pakistan International Airlines Corporation (Conversion) (Repeal) Bill, 2026.

Updated 12 Jun, 2026 12:29pm

PSX Highlights of the Day

Company	Price	Change	Change %	Volume
FFLM	10.67	1	10.34 ▲	4,700,342
JATM	26.25	2.39	10.02 ▲	30,668
BPL	62.55	5.69	10.01 ▲	97,432
PPVCNC	23.63	2.15	10.01 ▲	4,651
REDCO	31.55	2.87	10.01 ▲	29,915

Company	Price	Change	Change %	Volume
DBCINC	7.36	-0.84	-10.24 ▼	557,631
IDRT	57.68	-6.41	-10.00 ▼	148,471
TCORPCPSXD	10.94	-1.21	-9.96 ▼	545,047
PASMNC	7.23	-0.66	-8.36 ▼	383,431
SSMLNC	22.76	-2.02	-8.15 ▼	5,469

Source: PSX | Updated Jun 10, 2026

Provinces’ development freeze to persist beyond next fiscal year: Aurangzeb

Economic Survey shows major targets missed as Aurangzeb claims resilience amid three major shocks; finmin says budget to offer incentives for agriculture, housing.

Updated 12 Jun, 2026 09:04am

Poverty surges 7pc in 6 years, pushing 27m people into financial distress

Rural poverty increased from 28.2pc to 36.2pc, while urban poverty increased from 11pc to 17.4pc over the same period.

Published 12 Jun, 2026 10:40am

Branded Content

The Palms at Silk Gardens introduces a new family address in Karachi

The Palms places families at the heart of its vision, offering thoughtfully planned 2 and 3-bedroom units in a secure, peaceful and community-led environment.

K&N's SmartCooking Recipes: Pancake Sliders

Fun and tasty pancake sliders layered with crispy nuggets, fried egg, fresh salad and creamy sauces for a playful twist on a classic snack.

Airlink launches Hisense in Pakistan, ushering in a new era for consumer electronics nationwide

Airlink Communication Limited, Pakistan’s leading technology manufacturer and distributor, has formally launched Hisense in Pakistan,

Digital economy grows in FY2025-26 as IT sector posts gains

5G spectrum auction rakes in $510m; broadband penetration surges to 64.2pc.

Updated 12 Jun, 2026 08:42am

2025 floods hit agriculture hardest with Rs430bn losses: Pakistan Economic Survey

The disaster caused Rs822bn losses across the country, displaced 4m people.

Updated 12 Jun, 2026 10:27am

Cash-starved govt doles out Rs2.35tr in tax exemptions

Economic Survey reports a rare decline in concessions after seven years’ increases.

Updated 12 Jun, 2026 09:30am

Literacy rate improves by 2pc, but education spending falls in 2025

The economic survey highlights the issue of out-of-school children, stating it had declined from 38pc in 2023 to 28pc in 2025.

Updated 12 Jun, 2026 10:30am

Govt plans digitalisation of Central Directorate of National Savings

Two million households can now receive payments through cheques, ATMs or direct transfers via Raast, eliminating the need for elderly customers to stand in long queues.

Updated 12 Jun, 2026 07:31am