Thatta Cement rejects ‘abrupt shutdown’ claims, says plant remains fully operational Thatta Cement Company Limited (THCCL) categorically rejected claims made by a competitor alleging an abrupt shutdown... Published 21 Nov, 2024 02:36pm
Markets New record: KSE-100 crosses 97,000 mark as investors dismiss political noise Fertiliser sector leads the buying rally Updated 21 Nov, 2024 02:39pm
Markets Expanding renewables: Kohat Cement installs 5.34 MW solar power plant Kohat Cement Company Limited (KOHC) has installed and commissioned a 5.34 MW on-grid solar power plant. The cement... Updated 20 Nov, 2024 03:31pm
Markets Proft-taking weighs on PSX, KSE-100 closes lower by 310 points After a strong start led by buying momentum, profit-taking was observed at the Pakistan Stock Exchange (PSX) as the... Updated 20 Nov, 2024 09:48pm
Markets IBEX Limited buys back 3.56mn shares from TRGI in $70mn deal IBEX Limited, a US-based technology company, has repurchased approximately 3.56 million shares for $70 million from... Updated 20 Nov, 2024 07:30pm
Markets KSE-100 reaches another record high, closes shy of 95,000 Some buying momentum was seen at the Pakistan Stock Exchange (PSX) as its benchmark KSE-100 Index closed higher by... Updated 18 Nov, 2024 10:33pm
Markets In its ‘strategy report’, AHL says KSE-100 to hit 120,000 by December 2025 Brokerage house Arif Habib Limited (AHL) expects the KSE-100 Index – largely seen as a benchmark for stock market... Published 16 Nov, 2024 11:13am
Markets PSX announces list of award recipients for 2023 KARACHI: Pakistan Stock Exchange (PSX) has announced the list of Top 25 Companies Awards recipients for the year... Published 16 Nov, 2024 06:49am
Markets New record: KSE-100 settles above 94,000 amid buying momentum Experts say positive macroeconomic indicators including lower interest rates and controlled trade deficits providing positive momentum to stock market Updated 14 Nov, 2024 10:59pm
Markets KSE-100 closes marginally higher in choppy trading The Pakistan Stock Exchange (PSX) witnessed choppy trading on Wednesday, allowing the index to close with a marginal... Updated 13 Nov, 2024 10:01pm
Business & Finance CCL Holding submits public intention to acquire 50% stake, control in Mitchells Fruit Farms Mere hours after Mitchells Fruit Farms Ltd (MFFL) said its majority shareholders were looking to divest their stake,... Updated 13 Nov, 2024 10:53pm
Markets OGDCL begins gas production from Uch-35 well in Balochistan Oil and Gas Development Company Limited (OGDCL), the country’s largest exploration and production (E&P) company,... Updated 13 Nov, 2024 05:24pm
Business & Finance Fauji Foundation withdraws intention to acquire shares in Agha Steel Industries Fauji Foundation, one of Pakistan’s largest conglomerates, has withdrawn its public announcement of intention (PAI)... Updated 12 Nov, 2024 07:02pm
Business & Finance IGI Holdings to purchase stake in Packages Limited for Rs2.6bn IGI Holdings Limited (IGIHL) – formerly IGI Insurance Limited – has entered into a Share Purchase Agreement (SPA)... Updated 12 Nov, 2024 07:03pm
Business & Finance Saudi National Bank terminates plan to divest stake in Samba Pakistan Saudi National Bank (SNB) has terminated the process for the sale of its equity stake in Samba Pakistan. The... Updated 12 Nov, 2024 10:46pm
Markets Attock Refinery denies sale rumours, share price plummets Company clarifies that no such matter is under consideration Updated 11 Nov, 2024 10:43pm
Markets KSE-100 retreats after briefly touching 94,000 but still closes at record high Benchmark index settles at 93,648.33, up by 357 points as compared to previous close Updated 11 Nov, 2024 11:08pm
Markets KSE-100 Index cos: Q1 earnings down 14pc to Rs403bn YoY KARACHI: The KSE-100 Index companies posted the earnings of Rs403bn down 14 percent YoY in first quarter of FY25... Published 31 Oct, 2024 07:34am
Business & Finance Shipping giant Maersk enters into strategic partnership with Secure Logistics Maersk West and Central Asia Limited (Maersk), a global shipping, transport and logistics services company, has... Updated 18 Sep, 2024 04:10pm
Business & Finance TOMCL boosts frozen beef production, targets rising demand in China The Organic Meat Company Limited (TOMCL), a Pakistani meat processor, said it has completed the second phase of... Updated 18 Sep, 2024 04:10pm
Markets KSE-100 closes 158 points higher as profit-taking trims intra-day gains The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index closed 158 points higher on Monday as profit-taking... Updated 16 Sep, 2024 09:09pm
Markets Ahead of monetary policy announcement, KSE-100 loses 635 points as market divided Key benchmark index settles near 78,650 level Updated 11 Sep, 2024 09:34pm
Markets KSE-100 gains 672 points on late-session buying The Pakistan Stock Exchange (PSX) witnessed a bullish session on Tuesday, fuelled by late-session buying that lifted... Published 10 Sep, 2024 06:03pm
Markets Sale of Dawood Lawrencepur’s subsidiary cancelled as Artistic Milliners ‘decides not to proceed’ Dawood Lawrencepur Limited (DLL) informed that the proposed sale of Tenaga Generasi Limited, an independent power... Updated 09 Sep, 2024 10:43pm
Markets Lucky Core Industries completes acquisition of Pfizer’s Karachi facility and assets Lucky Core Industries Limited (LCI), previously known as ICI Pakistan Limited, has completed the acquisition of a... Updated 09 Sep, 2024 05:25pm
Business & Finance Siddiqsons Tin Plate starts process to shut plant amid sales decline, labour strikes Siddiqsons Tin Plate Limited (STPL) said on Thursday that it has initiated the formal process to shut down its plant... Updated 05 Sep, 2024 10:33pm
Markets KSE-100 gains as Aurangzeb’s IMF-related remarks generate positivity The Pakistan Stock Exchange (PSX) witnessed a bullish sentiment on Wednesday as its benchmark KSE-100 rallied 492... Updated 04 Sep, 2024 09:23pm
Markets KSE-100 closes 205 points lower in mixed session The Pakistan Stock Exchange (PSX) endured a mixed session on Monday as the benchmark KSE-100 Index closed 205 points... Updated 02 Sep, 2024 11:34pm
Markets National Refinery suffers massive Rs15.8bn loss in FY24 Despite higher revenue and lower finance cost, National Refinery Limited (NRL) registered a massive loss of Rs15.79... Updated 02 Sep, 2024 04:32pm
Markets Indus Motor to invest another Rs1.1bn ‘for additional localization’ Indus Motor Company Limited (INDU) announced that its board has approved an additional investment of Rs1.1 billion... Updated 02 Sep, 2024 04:33pm