February 13, 2026

PSX KSE-100 Drops 1716 Points Amid Weak Engro Fertilizer Results

Pakistan Stock Exchange’s KSE-100 index fell 1716 points, down 0.95% at 11am Friday. Weak Q4 results from Engro Fertilizer caused market sellers to take charge. Top gainers include K-Electric and Hum Network, while Ahmad Hassan Textile led declines.

February 13, 2026

India’s $40 Billion Rafale Deal Boosts Local Fighter Jet Makers with 80% Domestic Assembly

India’s $40 billion order for Rafale jets will see 80% assembly and parts made locally. This boosts local makers and the defense industry, supporting IAF’s strength.

February 13, 2026

Biggest Choice of Low-Deposit Mortgages for First-Time Buyers Since 2008

First-time buyers have 537 mortgage deals letting them borrow 95% of property value, the most since 2008. Santander even offers 98% loans. More low-deposit options mean 2026 could be a bright year for homebuyers.

February 13, 2026

Pakistan to Spend $2bn on ML-2 Dedicated Freight Corridor Upgrade

Pakistan Railways and NLC team up for a $2bn project to upgrade ML-2 into a dedicated freight corridor. The route will speed up goods transport between Kotri and Attock. Funding will come from banks and agencies. ML-1 and ML-3 upgrades are also underway with ADB support.

February 13, 2026

China Bans Carmakers From Selling New Vehicles Below Cost to Stop Price Wars

China’s regulator stops carmakers from selling new cars below cost. The move aims to end price wars hurting profits. EV buyers will see rising taxes as discounts fade.