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 KSE-100 gains on anticipation of reduction in key policy rate Bullish sentiments were witnessed at the Pakistan Stock Exchange (PSX), amid expectations of further reduction in... Updated 12 Sep, 2024 10:05pm
Technology Air Link partners with GNEXT to expand Apple products’ availability in Pakistan GNEXT Technologies, Apple’s authorised distributor for Pakistan, has tapped Air Link Communications Limited, a... Updated 12 Sep, 2024 10:05pm
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
Business & Finance Fauji Fertilizer Company intends to acquire Agritech Limited Fauji Fertilizer Company (FFC), one of Pakistan’s largest fertilizer producers, has expressed its intention to... 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 Millat Tractors post profit of Rs10.6bn in FY24, up 167% Millat Tractors Limited (MTL), Pakistan’s largest tractor manufacturer, reported a profit-after-tax (PAT) of Rs10.64... Updated 09 Sep, 2024 10:47pm
Business & Finance BF Biosciences gets DRAP nod for brownfield expansion Pakistan’s pharmaceutical company BF Biosciences Limited (BFBL) has secured approval from the Drug Regulatory... Updated 09 Sep, 2024 10:42pm
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
Markets Another Pakistani company to establish subsidiary in UAE: Symmetry Group announces plan Looking to take advantage of business-friendly environment in the UAE, another listed Pakistani company announced... Updated 06 Sep, 2024 10:18pm
Markets KSE-100 closes flat after range-bound trading The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index closed flat on Thursday after witnessing range-bound... Updated 05 Sep, 2024 10:21pm
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
Business & Finance Imran Maniar resigns as Sui Southern Gas Company CEO, MD Imran Maniar has resigned from his position as Chief Executive Officer (CEO) and Managing Director (MD) of Sui... Updated 03 Sep, 2024 10:24pm
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 Nishat Mills Limited to establish company in UK The Board of Directors of Nishat Mills Limited (NML), the flagship company of Nishat Group, has given its nod to... Updated 02 Sep, 2024 11:35pm
Business & Finance Despite auto sector’s slowdown, Indus Motor Company’s profit up 56% at Rs15.07bn in FY24 Indus Motor Company (IMC) reported a profit of Rs15.07 billion for the fiscal year that ended June 30, 2024 (FY24),... Updated 02 Sep, 2024 10:37pm
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
Markets KSE-100 closes 139 points higher as profit-taking trims intra-day gains The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index closed 139 points higher on Friday as late-session... Updated 30 Aug, 2024 09:22pm
Markets OGDCL discovers hydrocarbon reserves in Sindh Oil & Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production (E&P) company,... Updated 30 Aug, 2024 09:37pm
Markets Positivity returns to PSX, KSE-100 gains 357 points After three consecutive negative sessions, positivity returned to the Pakistan Stock Exchange (PSX) as the benchmark... Published 29 Aug, 2024 06:12pm
Business & Finance Fauji Foundation wants to acquire controlling stake in Agha Steel Industries Fauji Foundation, one of the largest conglomerates in Pakistan, has expressed its intention to acquire shares and... Updated 29 Aug, 2024 09:15pm
Markets PSX appoints Nadeem Naqvi as interim CEO The Board of Directors (BoD) of Pakistan Stock Exchange Limited (PSX) has appointed Nadeem Naqvi, a Shareholder... Updated 29 Aug, 2024 03:04pm
Markets Lack of positive triggers: KSE-100 closes marginally lower to settle below 78,000 The Pakistan Stock Exchange’s (PSX) KSE-100 Index closed marginally lower by 91 points on Wednesday as the index... Updated 28 Aug, 2024 08:51pm
Business & Finance Faysal Bank’s profit surges 60%, clocks in at Rs7bn in Apr-June Faysal Bank posted a consolidated profit after tax of Rs6.95 billion for the quarter ended June 30, 2024, nearly 60%... Updated 28 Aug, 2024 04:58pm
Business & Finance April-June: PTCL sustains Rs3.4bn in losses as finance cost bites Pakistan Telecommunication Company Limited (PTCL) sustained massive losses to the tune of Rs3.4 billion during the... Updated 28 Aug, 2024 04:59pm
Markets KSE-100 loses another 487 points as participants jittery over IMF programme The Pakistan Stock Exchange (PSX) witnessed a bearish session for the second consecutive day on Tuesday, as its... Published 27 Aug, 2024 06:11pm
Business & Finance Standard Chartered Pakistan’s profit marginally up YoY in 2QCY24 Standard Chartered Bank (Pakistan) Limited (SCBPL), a subsidiary of Standard Chartered Plc, posted earnings of... Published 27 Aug, 2024 03:30pm
