IMF and Pakistan agree on new $1.3 billion funding package, sparking a strong stock market rally with gains of over 1,400 points. Economic stability shows significant improvement over the past eighteen months, with inflation dropping to its lowest level in nearly a decade.
Pakistan stock market sees strong growth as KSE 100 Index crosses 118,000 points amid renewed investor confidence. Market gains over 932 points, boosted by positive economic reforms and investor optimism.
Per a new purchasing managers’ survey released by HBL and S&P, Pakistan’s manufacturing PMI rose to 50.9 in May, returning to expansion as new orders recovered and export orders posted their strongest rise since February 2025.
Pakistan’s major ports are seeing a sharp rise in container and transshipment activity as Gulf disruption redirects cargo towards Karachi, Port Qasim and Gwadar.
Iranian officials are preparing three days of farewell ceremonies and a 24-hour funeral procession for Ali Khamenei, with events expected in Tehran, Qom and Mashhad.
Trump reportedly warned Netanyahu against further escalation in Lebanon as US-Iran diplomacy faced renewed pressure, with Pakistan and Qatar involved in efforts to preserve a fragile regional framework.