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 KSE-100 scales new peak, settles above 104,000 with 1,300-point gain Experts say market anticipates further cut in key policy rate following latest inflation reading Updated 03 Dec, 2024 06:49pm
Business & Finance One for 325: UBL board approves merger with Silkbank via share swap United Bank Limited (UBL), one of Pakistan’s largest commercial banks, has approved the amalgamation of Silkbank... Updated 03 Dec, 2024 05:10pm
Markets Pakistan Hotels Developers Limited moves toward voluntary winding-up The Board of Directors (BoD) of Pakistan Hotels Developers Limited (PHDL) has approved the declaration of solvency,... Updated 03 Dec, 2024 07:09pm
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
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
Business & Finance Bank Makramah’s board approves restructuring scheme Net assets to increase by Rs29.39bn, says BML Updated 28 Nov, 2024 05:27pm
Markets PM credits investor confidence in govt policies as KSE-100 hits 100,000 Prime Minister Shehbaz Sharif on Thursday hailed the unprecedented performance of Pakistan’s stock market, as the... Updated 28 Nov, 2024 10:42pm
Markets PPL records significant boost in hydrocarbon production Pakistan Petroleum Limited (PPL) has registered a notable increase in hydrocarbon production from its wells located... Updated 27 Nov, 2024 11:00pm
Markets Bloodbath at PSX: KSE-100 sees biggest single-day decline, plummets over 3,500 points Volatility and political tension major themes at PSX as violent protests in federal capital put investors on edge Index suffers heaviest fall in terms of points Updated 26 Nov, 2024 08:44pm
Business & Finance NetSol Technologies announces buyback of shares The Board of Directors (BoD) of NetSol Technologies Limited has decided to purchase 10 million ordinary shares of... Updated 25 Nov, 2024 10:35pm
Markets Consortium withdraws bid to acquire majority stake in Engro Powergen Qadirpur A consortium comprising textile companies has withdrawn its public announcement of intention (PAI) to acquire a... Updated 22 Nov, 2024 11:02pm
Markets Banking sector saves the day as profit-taking erases intra-day gains, KSE-100 closes below 98,000 Index had earlier hit a high of 99,623.03 during trading Updated 22 Nov, 2024 09:17pm
Business & Finance 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... Updated 21 Nov, 2024 05:22pm
Markets KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points Fertiliser sector leads buying rally, adding over 1,100 points alone Updated 21 Nov, 2024 11:09pm
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 PPL discovers hydrocarbon reserves in Sujawal Pakistan Petroleum Limited (PPL), an oil and gas exploration firm, has discovered hydrocarbon reserves from Pateji... Updated 15 Nov, 2024 07:43pm
Business & Finance BAFL operations in Bangladesh: central banks give green signal for due diligence facilitation The central banks of Pakistan and Bangladesh have granted in-principle approval to Bank Alfalah Limited (BAFL) to... Updated 15 Nov, 2024 04:42pm
Business & Finance Sazgar Engineering plans Rs1.5bn land purchase for future expansion Sazgar Engineering Works Limited (SAZEW), a Pakistani auto manufacturer, has announced plans to purchase land valued... Updated 14 Nov, 2024 08:52pm
Business & Finance Bank Alfalah withdraws intention to acquire stake in Samba Bank as SNB halts divestment Bank Alfalah Limited (BAFL), one of Pakistan’s largest commercial banks, has withdrawn its public announcement of... 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
Markets Deals with IPPs: Rousch Power approves early termination of govt agreements Company to pursue negotiated settlement Updated 13 Nov, 2024 10:50pm
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
Markets Attock Refinery denies sale rumours, share price plummets Company clarifies that no such matter is under consideration Updated 11 Nov, 2024 10:43pm