PSX plummets by 4,600 points after weekend Afghan skirmish, TLP crackdown

The Pakistan Stock Exchange (PSX) plunged over 4,600 points on Monday due to continued political uncertainty, the weekend conflict with Afghanistan and the ongoing crackdown on Tehreek-i-Labbaik Pakistan. The benchmark KSE-100 index opened at 163,098.19 points before falling 4,654.77 points, or 2.85 percent, to close at 158,443.42. The PSX had seen a sharp decline over…

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Police say protesters dispersed in Muridke; SHO martyred, 3 TLP workers killed in clash

Tehreek-i-Labbaik Pakistan (TLP) protesters, who had camped in Muridke after authorities blocked their route to Islamabad by digging trenches, were dispersed on Monday after clashing with law enforcement personnel, according to police. Authorities decided to close roads and highways again in and around Lahore and Islamabad, which had begun reopening on Sunday, after panic spread…

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China very concerned about border clashes between Pakistan and Afghanistan, foreign ministry says

China is concerned about recent border clashes between Pakistan and Afghanistan and has called on the two countries to protect their citizens and investments in the region, Beijing’s Foreign Ministry said on Monday. Intense border clashes between Pakistan and Afghanistan began on Saturday night and continued until Sunday morning. The Inter-Services Public Relations (ISPR) said…

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Justice Mandokhail wonders whether judges can hear 26th Amendment case if they are its ‘beneficiaries’

Justice Jamal Khan Mandokhail on Monday wondered whether the judges comprising the Constitutional Bench (CB) of the Supreme Court (SC) who hear petitions against the 26th Amendment could do so if they were its “beneficiaries”. The amendment was passed by parliament during a night session in October last year, and the PTI claimed that seven…

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Police say protesters dispersed in Muridke; SHO martyred, 3 TLP members killed in clash

Tehreek-i-Labbaik Pakistan (TLP) protesters, who had camped in Muridke after authorities blocked their route to Islamabad by digging trenches, were dispersed on Monday after clashing with law enforcement personnel, according to police. Authorities decided to close roads and highways again in and around Lahore and Islamabad, which had begun reopening on Sunday, after panic spread…

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PTI’s Sohail Afridi elected KP chief minister in session marred by opposition walkout

PTI MP Sohail Afridi was on Monday elected the new chief executive of Khyber Pakhtunkhwa during an assembly session marred by the opposition strike and despite uncertainty over the resignation of outgoing Chief Minister Ali Amin Gandapur. KP Assembly Speaker Babar Saleem Swati, who went ahead with the elections despite the opposition strike, announced that…

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Opposition refuses to take part in ‘unconstitutional procedure’, walks out of KP Assembly session

Ruckus tarnished the Khyber Pakhtunkhwa Assembly session on Monday after the opposition walked out ahead of the vote to select a new provincial chief executive, saying the procedure was “unconstitutional” when the resignation of outgoing Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur had not been accepted. At the beginning of the session, Gandapur gave his…

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KP governor returns CM Gandapur’s resignations over ‘disparate’ signatures

The controversy surrounding the resignation of outgoing Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur has taken another turn after Governor Faisal Karim Kundi returned two separate letters submitted by the former for “disparate signatures” and summoned him on October 15 (Wednesday) to resolve the matter. The development comes as a session of the KP Assembly…

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‘I’m good at making peace’: Trump turns attention to border skirmishes between Pakistan and Afghanistan

US President Donald Trump appeared eager Monday to ease tensions between Pakistan and Afghanistan following border skirmishes between the two countries over the weekend, saying he was “good at making peace.” Intense border clashes between Pakistan and Afghanistan began on Saturday night and continued until Sunday morning. The Inter-Services Public Relations (ISPR) said 23 soldiers…

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