Markets Pakistan Oilfields announces significant hydrocarbon find in Khyber Pakhtunkhwa Pakistan Oilfields Limited (POL), an oil and gas exploration company, announced further testing results from the... Updated 19 Aug, 2024 04:35pm
Markets Gold price per tola decreases Rs200 in Pakistan After hitting record highs in the previous session, gold prices in Pakistan declined on Monday in line with the drop... Published 19 Aug, 2024 12:54pm
Markets KSE-100 closes marginally lower as late-session selling wipes out gains The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index on Friday began trading on a higher note, adding more... Updated 16 Aug, 2024 08:38pm
Business & Finance EPCL suffers loss of Rs688mn in 2QCY24 Engro Polymers and Chemicals Limited (EPCL), a subsidiary of Engro Corporation Limited, sustained losses to the tune... Published 16 Aug, 2024 05:03pm
Business & Finance Attock Cement receives $5.85mn from sale of SAKCPCL shares Attock Cement Pakistan Limited (ACPL), a subsidiary of Pharaon Investment Group Limited Holding S.A.L, Lebanon, has... Published 16 Aug, 2024 05:01pm
Markets KSE-100 closes 229 points higher as profit-taking trims intra-day gains The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index closed 229 points higher on Thursday as late-session... Updated 15 Aug, 2024 11:57pm
Business & Finance Ferozsons Laboratories’ subsidiary BF Biosciences launches human insulin Pakistan’s pharmaceutical company BF Biosciences Limited (BFBL) has successfully launched a human insulin under the... Updated 15 Aug, 2024 11:59pm
Markets KSE-100 closes marginally negative after range-bound trading, volume soars The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index endured a range-bound session on Tuesday as it faced... Updated 13 Aug, 2024 10:26pm
Business & Finance Sazgar to launch ORA-07 EV in Pakistan Sazgar Engineering Works (SAZEW) is set to introduce the ORA-07 EV, a Completely Built Unit (CBU) electric vehicle,... Updated 13 Aug, 2024 10:24pm
Business & Finance Millat Tractors warns of shutdown amid GST dispute and plummeting sales Millat Tractors Limited (MTL), Pakistan’s largest tractor manufacturer, has signaled that it may have to shut down... Updated 12 Aug, 2024 10:15pm
Markets OGDCL commences tight gas production from Sindh Nur West Well-1currently produces 1.5 million standard cubic feet per day (MMSCFD) of gas Updated 12 Aug, 2024 10:32pm
Markets PSX maintains momentum, KSE-100 Index up nearly 700 points Bullish momentum persisted at the Pakistan Stock Exchange (PSX) as the benchmark KSE-100 Index gained nearly 700... Updated 09 Aug, 2024 07:16pm
Technology NetSol Technologies, IGNITE to establish startup incubation center in Lahore NetSol Technologies has signed a contract with IGNITE - National Technology Fund, a company under the Ministry of IT... Updated 09 Aug, 2024 10:24pm
Markets Lucky Cement’s earnings jump 21% in 2024 Lucky Cement’s profit-after-tax amounted to Rs72.34 billion, an increase of over 21% during the year 2024, compared... Updated 09 Aug, 2024 10:22pm
Technology Mari Petroleum forms subsidiary with focus on cloud computing, AI Mari Petroleum Company Limited (MARI), one of Pakistan’s largest E&P companies, is looking to step into the... Updated 08 Aug, 2024 09:45pm
Markets Mari Petroleum reports profit of Rs77.3bn in FY24, announces 800% bonus shares and dividend Mari Petroleum Company Limited (MARI), one of Pakistan’s largest E&P companies, posted a profit-after-tax (PAT)... Updated 08 Aug, 2024 09:16pm
Business & Finance Meezan Bank’s profit up nearly 55% in 2QCY24 Meezan Bank, the country’s largest Islamic bank, posted consolidated earnings of Rs26.89 billion for the second... Updated 08 Aug, 2024 09:44pm
Markets ‘No capacity payments’ received since PPA expiry in October 2022, says KAPCO Pakistan’s power producer Kot Addu Power Company Limited (KAPCO) has rejected reports it is receiving payments... Updated 07 Aug, 2024 08:45pm
Markets KSE-100 closes marginally in the red as profit-taking erases early gains The KSE-100 closed in the red on Wednesday after profit-taking wiped out more than 600 points the index had gained... Updated 07 Aug, 2024 05:27pm
Markets KSE-100 posts modest gain on recovery in global markets After losing more than 1,100 points in the previous session, the KSE-100 rebounded on Tuesday as it closed the day... Updated 06 Aug, 2024 09:55pm
Markets PPL boosts hydrocarbon production at Sui Gas Field with compressor revamp Pakistan Petroleum Limited (PPL), an oil and gas exploration firm, has registered a marked increase in gas... Updated 06 Aug, 2024 04:32pm
Markets Pakistan’s oil & gas companies announce significant hydrocarbon find in Khyber Pakhtunkhwa Pakistan’s Exploration and Production (E&P) companies, Pakistan Oilfields Ltd (POL), Oil & Gas Development... Updated 06 Aug, 2024 05:33pm
Markets Indus Motor again temporarily shuts production citing low inventory Indus Motor Company Limited (IMC), the assembler/manufacturer of Toyota-brand vehicles in Pakistan, again said it... Published 05 Aug, 2024 03:32pm
Business & Finance Bank Alfalah’s profit jumps 53% in 2QCY24, clocks in at Rs12bn Despite lower net interest income, Bank Alfalah saw its consolidated profit jump to Rs12 billion during the quarter... Published 01 Aug, 2024 03:09pm
Business & Finance Transaction complete: PHDL transfers title, possession of Regent Plaza to SIUT Trust Pakistan Hotels Developers Limited (PHDL) has transferred the title and possession of Regent Plaza, a four-star... Updated 31 Jul, 2024 06:01pm
Business & Finance UBL’s profit clocks in at massive Rs15.3bn in 2QCY24 United Bank Limited (UBL), one of Pakistan’s largest commercial banks, posted consolidated earnings of a massive... Updated 31 Jul, 2024 05:59pm
Business & Finance Engro Fertilizers’ earnings stand at Rs1.6bn in 2QCY24, up 57% YoY Engro Fertilizers Limited (EFERT), a wholly-owned subsidiary of Engro Corporation Limited, posted a profit after tax... Updated 31 Jul, 2024 03:39pm
Markets KSE-100 retreats marginally as investors ‘unimpressed’ with 100bps cut in key policy rate The Pakistan Stock Exchange (PSX) saw a lacklustre session on Tuesday and the KSE-100 Index fell 0.25% as investors... Updated 30 Jul, 2024 08:50pm
Business & Finance Fauji Fertilizer Company makes Rs25bn profit in three-month period Fauji Fertilizer Company (FFC) , one of Pakistan’s largest fertilizer producers, posted a consolidated... Updated 30 Jul, 2024 10:13pm
Markets Suhail Jute Mills says political, economic uncertainties behind inability to start commercial operations Suhail Jute Mills Limited (SUJH), engaged in the manufacturing and sale of jute products, said the company has been... Updated 30 Jul, 2024 06:38pm