Global markets react to corporate earnings misses, geopolitical tensions in the Middle East, and significant milestones in Pakistan's financial sector.

The Pakistan Stock Exchange reached a historic milestone, surpassing 600,000 registered investors, even as the government implemented fuel price cuts and new reporting requirements for Premium Prize Bonds.

Geopolitical instability in the Middle East is impacting commodity markets, with Iran threatening Gulf state infrastructure and Glencore reporting record trading profits amid the chaos.

Several major U.S. companies faced sharp selloffs following earnings reports, including Honeywell Aerospace, which dropped 23% on poor guidance, and The Trade Desk, which missed revenue targets.

Uber shares declined following disappointing bookings guidance, prompting CEO Dara Khosrowshahi to emphasize a strategic shift toward robotaxi expansion to drive future growth.

Market analysts are noting a rare divergence where value stocks are outperforming growth stocks at a pace not seen since 2022, despite the current broader bull market.

Tasdeeq Information Services Limited announced plans to raise Rs450 million via an IPO on the Pakistan Stock Exchange, seeking to expand local market participation.

Sweetgreen shares fell in after-hours trading as the restaurant chain disclosed the financial impact of a cyclospora outbreak linked to its jalapeno supplies.

Gold continues to attract attention as a potential hedge against inflation, with experts suggesting mining stocks as a stable entry point for cautious investors.

Foreign exchange reserves held by the State Bank of Pakistan saw a modest increase of $13 million, reaching a total of $17.04 billion as of July 31, 2026.