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Acquisition

CCP approves majority acquisition of Lotte Chemical by APIL, MOD

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the acquisition of a majority stake in Lotte...

Published 13 May, 2025 06:15am

Business & Finance

Cherat Cement, Shirazi Investments plan to acquire majority stake in Rafhan Maize

Cherat Cement Company Limited (CCCL) and Shirazi Investments (Private) Limited have expressed their intention to...

Published 08 May, 2025 12:45pm

Business & Finance

CCP allows 100pc acquisition of Trax Online Ltd by SLGL

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the 100% acquisition of Trax Online (Pvt) Ltd ...

Published 08 May, 2025 07:26am

Business & Finance

Secure Logistics gets CCP approval to acquire Trax Online

The Competition Commission of Pakistan (CCP) on Wednesday approved the complete acquisition of Trax Online (Pvt.)...

Published 07 May, 2025 02:55pm

Telenor’s and Orion’s acquisition: CCP decision delay threatens pact, PTCL chief says

ISLAMABAD: President and Group CEO of Pakistan Telecommunication Company Limited (PTCL) Hatem Bamatraf has warned...

Updated 22 Apr, 2025 06:04pm

Business & Finance

CCP greenlights Nishat Hotels and Properties’ acquisition of Hotel Margala

The Competition Commission of Pakistan (CCP) approved the acquisition of assets of Hotel Margala Private Limited by...

Published 22 Feb, 2025 02:19pm

Business & Finance

CCP approves acquisition of Engro Eximp Agriproducts by MAP Rice Mills

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the acquisition of M/s Engro Eximp Agriproducts...

Published 20 Feb, 2025 06:44am

Business & Finance

Greentree Holdings looks to tender for 35% shares in TRG Pakistan

Greentree Holdings on Monday shared its public announcement to acquire up to 35.145% of the issued and paid-up share...

Updated 23 Dec, 2024 11:20pm

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

Business & Finance

Siemens AG acquires additional stake in Pakistan’s subsidiary for Rs1.7bn

Siemens AG, a German multinational technology conglomerate, has acquired an additional stake in Siemens (Pakistan)...

Published 01 Nov, 2024 04:38pm

Business & Finance

100pc shareholding in Telenor, Orion Towers: CCP to address concerns in PTCL’s proposed acquisition

ISLAMABAD: The Competition Commission of Pakistan (CCP) remains committed to addressing concerns in the ongoing ...

Published 25 Oct, 2024 08:02am

PTCL’s acquisition of Telenor, Orion Towers: CCP told there are no immediate competition concerns

ISLAMABAD: The Competition Commission of Pakistan (CCP) was informed Tuesday that there are no immediate competition...

Updated 23 Oct, 2024 09:27am

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

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

Business & Finance

CCP approves 100pc acquisition of Sadapay by PPR Holding A S

ISLAMABAD: The Competition Commission of Pakistan (CCP) has granted approval for the acquisition of 100 percent...

Published 14 Aug, 2024 06:40am

Markets

TotalEnergies sells 50% stake in Total PARCO Pakistan to Gunvor Group

French energy giant TotalEnergies has signed an agreement to sell its 50% stake in Total PARCO Pakistan Limited...

Updated 06 Aug, 2024 11:40pm

Business & Finance

CCP approves 100pc acquisition of Actis by General Atlantic

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the 100% acquisition of M/s. Actis Holdings...

Published 22 Jun, 2024 06:47am

Business & Finance

Aramco completes acquisition of 40pc stake in ‘GO’

KARACHI: Aramco, one of the world’s leading integrated energy and chemicals companies, has made further progress ...

Published 01 Jun, 2024 06:59am

Markets

Saudi Aramco completes acquisition of 40% stake in GO Pakistan

Acquisition represents energy giant first downstream retail investment in Pakistan, says company

Updated 31 May, 2024 08:28pm

Markets

Millat Energy Group eyes 76% stake in Hascol Petroleum

OMC authorises potential investor to undertake due diligence

Updated 18 Dec, 2023 08:32pm

Business & Finance

Pakistan’s Interloop Limited completes equity stake in USA’s Top Circle Hosiery Mills

Interloop Limited (ILP), one of Pakistan’s largest textile exporters, has completed the acquisition of Top Circle...

Updated 01 Dec, 2023 04:01pm

Business & Finance

Mughal Iron & Steel Industries completes acquisition of energy subsidiary

Mughal Iron & Steel Industries Limited, one of Pakistan’s largest steel manufacturers, has successfully...

Updated 30 Nov, 2023 10:48pm

Business & Finance

Fauji Foods eyes multiple Fauji Foundation businesses

Fauji Foods is interested in Fauji Infraavest Foods Limited and Fauji Cereals

Updated 21 Nov, 2023 10:34pm

Markets

TPL Corp, Abhi Limited explore acquisition of FINCA

TPL Corp and Abhi Limited, a Pakistani financial platform, have partnered to consider the potential acquisition of a...

Published 14 Nov, 2023 12:27pm

Markets

Prax Overseas Holdings looks to acquire majority stake, control of Shell Pakistan

AKD Securities, manager to the offer, submits public announcement of intention

Updated 16 Oct, 2023 10:49pm

Business & Finance

AGP Limited acquires multiple pharmaceutical brands from Viatris Inc

Brands, including Zoloft, Cardura, Lyrica and Lipitor, were previously owned by Pfizer

Updated 07 Apr, 2023 05:55pm

Business & Finance

JS Global Capital's board gives go-ahead to acquire EFG Hermes Pakistan Limited

JS Global Capital Limited (JSGCL), one of Pakistan’s largest broking and investment banking firm, on Monday...

Published 23 Jan, 2023 05:06pm

Markets

Prime International acquires Eni’s business in Pakistan: Hubco

Company says Hub Power Company will further develop indigenous fuel sources, which will help reduce country’s reliance on imports

Updated 30 Dec, 2022 08:20pm

Business & Finance

Park View Enclave withdraws intention to acquire 51% stake in Silkbank

In PSX notice, Silkbank says Park View's decision comes due to a change in its business priorities

Published 31 Oct, 2022 05:08pm

Business & Finance

Saudi investment company eyes 30% stake in Pakistani meat exporter

Saudi Agricultural and Livestock Investment Company (SALIC) has appointed PricewaterhouseCoopers (PwC) to conduct due diligence of TOMCL

Updated 05 Oct, 2022 03:14pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 14	281.78
USD PKR Interbank Buying / May 14	281.68
USD to Japanese Yen / May 14	146.04
USD to Swiss Franc / May 14	0.84
Pound Sterling to USD / May 14	1.33
Euro to USD / May 14	1.12
UK LIBOR % / May 14	4.96

Stock	Volume
S&P 500 / May 14	5,892.58
India Sensex / May 14	81,330.56
Tokyo Nikkei / May 14	37,705.74
Nasdaq / May 14	19,146.81
Hang Seng / May 14	23,574.72
FTSE 100 / May 14	8,585.01
Dow Jones / May 14	42,051.06
Germany DAX 30 / May 14	23,527.01
France CAC40 / May 14	7,836.79

Item	Value
Crude Oil USD/Barrel / May 14	61.91
Karachi Cotton PKR/37.32 KG / May 14	16,985
Gold 10 Grams PKR / May 14	293,124
Gold Spot USD/Ounce / May 14	3,152.57
Cotton US¢/pound / May 14	65.37
Petrol/Litre / May 15	252.63
Diesel/Litre / May 15	256.64

Gainers
Losers
Leaders

Stock	Price
Cres.Star Ins. / May 15 Crescent Star Insurance Limited(CSIL)	3.08 ▲ 0.47 (18.01%)
Parmount Sp. / May 15 Paramount Spinning Mills Limited(PASM)	3.68 ▲ 0.44 (13.58%)
Ghani Chemworld / May 15 Ghani Chemworld Limited(GCWL)	9.14 ▲ 1 (12.29%)
Saif Textile / May 15 Saif Textile Mills Limited(SAIF)	9.76 ▲ 1 (11.42%)
Hala Enterprise / May 15 Hala Enterprises Limited(HAEL)	13.26 ▲ 1.21 (10.04%)
P.T.C.L. / May 15 Pakistan Telecommunication Company Ltd(PTC)	22.06 ▲ 2.01 (10.02%)
Sana Ind / May 15 Sana Industries Limited(SNAI)	25.81 ▲ 2.35 (10.02%)
AN Textile Mills / May 15 AN Textile Mills Limited(ANTM)	11.87 ▲ 1.08 (10.01%)
Arctic Textile / May 15 Arctic Textile Mills Limited(ARCTM)	23.63 ▲ 2.15 (10.01%)
Octopus Digital / May 15 Octopus Digital Limited(OCTOPUS)	52.09 ▲ 4.74 (10.01%)

Stock	Price
Tariq Corp.Pref. / May 15 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7.11 ▼ -1 (-12.33%)
Hussain Industries / May 15 Husein Industries Limited(HUSI)	26.37 ▼ -2.92 (-9.97%)
TPL Life Insur. / May 15 TPL Life Insurance Limited(TPLL)	46.80 ▼ -4.5 (-8.77%)
Dewan Mushtaq / May 15 Dewan Mushtaq Textile Mills Limited(DMTM)	8.06 ▼ -0.77 (-8.72%)
Tri-Star Mutual / May 15 Tri-Star Mutual Fund Limited(TSMF)	8.11 ▼ -0.69 (-7.84%)
Sanghar Sugar / May 15 Sanghar Sugar Mills Limited(SANSM)	55.53 ▼ -4.41 (-7.36%)
Quetta Textile / May 15 Quetta Textile Mills Limited(QUET)	11.25 ▼ -0.89 (-7.33%)
Askari Life Assur. / May 15 Askari Life Assurance Company Limited(ALAC)	4.63 ▼ -0.35 (-7.03%)
IbrahimFibres / May 15 Ibrahim Fibres Limited(IBFL)	302 ▼ -19.92 (-6.19%)
Tandlianwala Sugar / May 15 Tandlianwala Sugar Mills Limited(TSML)	155.01 ▼ -9.67 (-5.87%)

Stock	Volume
Pak Refinery / May 15 Pakistan Refinery Limited(PRL)	35,106,125 ▲ 1.86
K-Electric Ltd. / May 15 K-Electric Limited(KEL)	32,730,316 ▲ 0.17
Cnergyico PK / May 15 Cnergyico PK Limited(CNERGY)	31,371,216 ▲ 0.29
At-Tahur Ltd. / May 15 At-Tahur Limited(PREMA)	23,418,477 ▲ 3.23
Waves Corporation / May 15 Waves Corporation Limited(WAVES)	17,858,803 ▲ 0.21
Sui South Gas / May 15 Sui Southern Gas Company Limited(SSGC)	16,906,185 ▲ 0.84
Kohinoor Spining / May 15 Kohinoor Spinning Mills Limited(KOSM)	15,612,201 ▲ 0.12
P.T.C.L. / May 15 Pakistan Telecommunication Company Ltd(PTC)	13,128,345 ▲ 2.01
B.O.Punjab / May 15 The Bank of Punjab(BOP)	12,155,421 ▲ 0.14
Pak Petroleum / May 15 Pakistan Petroleum Limited(PPL)	10,550,201 ▲ 3.49

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