KSE-100 gains over 3% as buying returns to PSX Experts say recent correction created buying opportunity for investors Updated 20 Dec, 2024 11:16pm
Markets Hoechst Pakistan plans to establish subsidiary in UAE To capitalize on the business-friendly environment in the United Arab Emirates (UAE), another listed Pakistani... Updated 20 Dec, 2024 10:33pm
Markets Bloodbath at PSX: KSE-100 plunges record 4,795 points amid correction Benchmark index under pressure as investors look to book profits Updated 19 Dec, 2024 10:38pm
Markets OGDCL begins oil & gas production from Hyderabad Oil & Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production (E&P) company,... Updated 19 Dec, 2024 10:46pm
Business & Finance Attock Cement’s parent company considering options including potential sale Pharaon Investment Group Limited (Holding) S.A.L, Lebanon, the parent company of Attock Cement Pakistan Limited... Updated 18 Dec, 2024 06:27pm
Markets Selling pressure at PSX, KSE-100 settles just below 115,000 Profit-taking comes as SBP cut key policy rate in line with expectations Updated 17 Dec, 2024 09:50pm
Markets OGDCL revives heavy oil well in Punjab, enhances production capacity Oil and Gas Development Company Limited (OGDCL), the country’s largest exploration and production (E&P) company,... Updated 16 Dec, 2024 10:29pm
Markets PSX record rally: more Pakistani companies join billion-dollar club Number of companies with over billion-dollar capitalisation increases from six in May 2024 to 11 in December 2024 Published 16 Dec, 2024 04:16pm
Business & Finance IGI Investments eyes 40.63% stake in Mitchell’s Fruit Farms Limited IGI Investments (Private) Limited has expressed its intent to acquire a substantial stake in Mitchell’s Fruit Farms... Updated 12 Dec, 2024 11:02pm
Markets Record-breaking stock rally: KSE-100 settles above 114,000 after 3,370-point gain Positive macroeconomic indicators, rate cut expectations and liquidity towards stock market driving bullish momentum Updated 12 Dec, 2024 09:44pm
Business & Finance MCB Bank appoints Nauman Chughtai as President & CEO The Board of Directors (BoD) of MCB Bank, one of Pakistan’s largest commercial banks, has appointed Muhammad Nauman... Updated 11 Dec, 2024 10:58pm
Markets Stocks stage strong recovery, KSE-100 settles at fresh record high A day after intense profit-taking, bullish momentum returned to the Pakistan Stock Exchange (PSX) with the benchmark... Updated 11 Dec, 2024 11:00pm
Business & Finance Ghandhara Tyre partners with China’s Shandong Huasheng to explore JV in Pakistan Ghandhara Tyre and Rubber Company Limited (GTYR) has announced its collaboration with Shandong Huasheng Rubber Co.,... Updated 10 Dec, 2024 09:32pm
Markets Selling pressure seen at PSX, KSE-100 loses over 1,000 points Early-morning buying spree followed by intense profit-taking and selling at 111,000 level Updated 10 Dec, 2024 08:10pm
Business & Finance TRG Pakistan announces completion of Afiniti’s recapitalisation TRG Pakistan, being a shareholder in The Resource Group International (TRGI), announced on Tuesday that its indirect... Updated 10 Dec, 2024 09:54pm
Business & Finance Unity Foods secures key certification, eyes global biofuel market Targeting biofuel feedstock export to Europe and the Far East countries, Unity Foods Limited, a key Pakistani food... Published 09 Dec, 2024 03:48pm
Markets Mitchell’s key shareholders halt stake sale talks with CCL Holding Mitchell’s Fruit Farms Limited (MFFL), a key player in Pakistan’s food manufacturing industry, announced that two of... Updated 09 Dec, 2024 08:34pm
Markets IPP deals: Saif Power approves revised agreements with govt Saif Power Limited (SPWL), an Independent Power Producer (IPP), has approved implementing amended agreements with... Updated 06 Dec, 2024 09:15pm
Markets Record run continues as KSE-100 surges past 109,000 after 815-point gain Benchmark has been on upward trajectory for past many weeks as sentiment improves on Pakistan's economic stability Updated 06 Dec, 2024 10:09pm
Business & Finance Complete turnaround: SSGC reports Rs4.5bn profit in July-Sept quarter After much delay, the Sui Southern Gas Company (SSGC) made public its accounts for the quarter ended September 30,... Updated 05 Dec, 2024 08:05pm
Markets Fire incident at PIBT disrupts operations A fire incident at the Pakistan International Bulk Terminal Limited (PIBT) has disrupted operations, which may lead... Updated 05 Dec, 2024 05:17pm
Markets Deals with IPPs: Nishat Chunian Power approves revised agreements with govt Nishat Chunian Power Limited (NCPL), an Independent Power Producer (IPP), has approved the implementation of amended... Updated 04 Dec, 2024 09:44pm
Markets PRL denies reports of importing Russian crude at discounted rates Pakistan Refinery Limited (PRL), a subsidiary of the Pakistan State Oil Company Limited (PSO), denied reports... Updated 04 Dec, 2024 09:37pm
Markets Bull run at PSX continues as KSE-100 settles above 105,000 The Pakistan Stock Exchange (PSX) continued its merry run with the benchmark KSE-100 Index closing above 105,000 for... Updated 04 Dec, 2024 09:37pm
Business & Finance Pakistan’s Citi Pharma to set up API plants in Indonesia Citi Pharma Limited (CPHL), a Pakistani pharmaceutical company, has entered into a strategic partnership with Mersi... Published 03 Dec, 2024 02:27pm
Markets Another record high: KSE-100 settles above 103,000 with 1,900-point gain Investors anticipate another rate cut amid lower inflation reading for November Updated 02 Dec, 2024 09:39pm
Business & Finance Servers crash, data corrupted as cyber-attack hits Dewan Farooque Motors Limited Dewan Farooque Motors Limited (DFML) said its corporate data “have been corrupted badly” while “IT servers crashed”... Updated 29 Nov, 2024 10:36pm
Markets Record run continues: KSE-100 crosses 101,000 with nearly 1,300-point gain Banking, energy stocks drive buying rally Updated 29 Nov, 2024 08:52pm
Markets Pakistan Petroleum Limited announces new oil & gas discovery in Sujawal Pakistan Petroleum Limited (PPL), an oil and gas exploration firm, has made another significant hydrocarbon... Updated 29 Nov, 2024 08:52pm
Markets IGI Holdings warns against fraudulent activities misusing IGI Finex Securities name IGI Holdings Limited (IGIHL), an investment holding company and part of the Packages Group, has informed its... Published 29 Nov, 2024 10:58am
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept