Pakistan’s IPO market sees strong revival in 2024 with Rs8bn raised on PSX so far The IPO market in Pakistan has seen a remarkable revival in 2024, as the Pakistan Stock Exchange (PSX) witnessed... Updated 26 Oct, 2024 08:31pm
Business & Finance OGDC’s profit down 16% in 1QFY25 amid lower sales Oil and Gas Development Company Limited (OGDCL), the country’s largest exploration and production (E&P) company,... Updated 25 Oct, 2024 07:30pm
Markets Lotte Chemical’s profit plunges 75% in 3QCY24 Despite higher revenue, Lotte Chemical Pakistan Limited (LOTCHEM), a subsidiary of South Korean chemical giant Lotte... Updated 25 Oct, 2024 10:46pm
Markets KSE-100 closes shy of record 90,000 mark, continues winning streak amid strong buying Benchmark index hits historic 90,000 level for first time during intra-day trading on Friday Updated 25 Oct, 2024 10:46pm
Markets OGDCL begins oil & gas production from Sindh Oil & Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production (E&P) company,... Updated 24 Oct, 2024 08:18pm
Markets OGDCL finds new gas reserves in Sindh Oil and Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production (E&P) company,... Updated 23 Oct, 2024 11:25pm
Markets KSE-100 extends gain to close at fresh record high Pakistan stocks have been on a red-hot rally on account of improving economic indicators, some level of political stability Updated 22 Oct, 2024 08:23pm
Business & Finance Meezan Bank posts Rs26.4bn profit in 3QCY24 Meezan Bank, the country’s largest Islamic bank, posted consolidated earnings of Rs26.36 billion for the third... Updated 21 Oct, 2024 07:18pm
Markets KSE-100 Index gains over 800 points amid positive indicators Pakistan Stock Exchange (PSX) maintained a bullish trend on account of positive economic indicators and relative... Updated 21 Oct, 2024 11:32pm
Markets KSE-100 closes 335 points lower as profit-taking persists Profit-takers held sway over the Pakistan Stock Exchange (PSX) for the second consecutive session, as its benchmark... Updated 18 Oct, 2024 11:37pm
Markets KSE-100 loses 620 points on profit-taking, closes below 86,000 After hitting a record high in the previous session, the Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index... Published 17 Oct, 2024 08:38pm
Business & Finance Pakistan’s Mega Motor secures key partnership with global EV giant BYD Mega Motor Company (Private) Limited, a subsidiary of The Hub Power Company Limited (HUBCO), has announced a... Updated 17 Oct, 2024 11:24pm
Business & Finance Bank Alfalah posts over 50% profit surge in 3QCY24 Bank Alfalah saw its consolidated profit jump to Rs13.3 billion during the quarter ended September 30, 2024, which... Updated 17 Oct, 2024 10:34pm
Business & Finance Fauji Fertilizer acquires additional stake in Agritech Limited for Rs3.9bn Fauji Fertilizer Company (FFC), one of Pakistan’s largest fertilizer producers, has acquired 106,014,632 shares of... Updated 16 Oct, 2024 07:58pm
Markets KSE-100 closes above 86,000 for first time amid SCO summit optimism The Pakistan Stock Exchange (PSX) witnessed another bullish session on Wednesday, as the benchmark KSE-100 Index... Updated 16 Oct, 2024 11:52pm
Markets KSE-100 gains nearly 600 points on SCO summit optimism The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index gained nearly 600 points on Tuesday, as investor... Updated 15 Oct, 2024 11:33pm
Markets July-September: PTCL sustains Rs6.3bn in losses Pakistan Telecommunication Company Limited (PTCL) sustained massive losses to the tune of Rs6.3 billion during the... Updated 15 Oct, 2024 09:19pm
Markets KSE-100 closes marginally lower on late-session selling The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index opened on a higher note on Monday, adding more than 600... Updated 15 Oct, 2024 12:00am
Markets Engro Fertilizers’ earnings stand at Rs8.6bn in 3QCY24, down 11% YoY Engro Fertilizers Limited (EFERT), a wholly-owned subsidiary of Engro Corporation Limited, posted a profit after tax... Published 14 Oct, 2024 04:17pm
Markets PPL begins oil & gas production from Punjab Pakistan Petroleum Limited (PPL), an oil and gas exploration firm, announced commencement of hydrocarbon production... Updated 15 Oct, 2024 12:02am
Markets Siemens Pakistan to sell energy portfolio to Siemens Gamesa for Rs17.8bn The Board of Directors (BoD) of Siemens (Pakistan) Engineering Co.Ltd (SIEM), an engineering conglomerate and... Updated 14 Oct, 2024 11:58pm
Markets KSE-100 ends marginally positive but after seeing selling pressure The KSE-100 Index closed nearly flat on Friday after the index swayed in both directions amid concerns related to... Updated 11 Oct, 2024 10:31pm
Markets KSE-100 closes marginally lower on late-session selling The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index closed lower by 216 points or Thursday. The index swayed... Updated 10 Oct, 2024 10:05pm
Markets HUBCO reaches ‘negotiated settlement’ with govt for early termination of power agreements Hub Power Company Limited (HUBCO), Pakistan’s largest Independent Power Producer (IPP), has initialled a negotiated... Updated 10 Oct, 2024 09:56pm
Markets Waqar Siddiqui to step down as Shell Pakistan CEO Waqar I. Siddiqui has decided “to step down” from the position of Chief Executive Officer (CEO) of Shell Pakistan... Published 10 Oct, 2024 03:30pm
Business & Finance Pakistan’s leather exporter announces downsizing operations amid economic challenges Pak Leather Crafts Limited (PLCL), a manufacturer and exporter of leather goods, has announced to downsize its... Updated 04 Oct, 2024 11:28pm
Markets KSE-100 closes above 83k for first time on banking, oil & gas sector rally The Pakistan Stock Exchange (PSX) maintained its upward momentum as buying continued with Friday’s session... Updated 04 Oct, 2024 11:27pm
Business & Finance Manufacturing HIV drug in Pakistan: Ferozsons partners with US-based Gilead Ferozsons Laboratories Limited (Ferozsons), a Pakistani pharmaceutical company, has entered into a non-exclusive... Updated 03 Oct, 2024 07:57pm
Markets Boosted by positive indicators, KSE-100 surges over 750 points to close at record high Buying seen largely across all index-heavy sectors as index settles at its highest closing of 82,721.76 Updated 03 Oct, 2024 09:19pm
Markets KSE-100 closes marginally higher as late-session selling trims intra-day gains The Pakistan Stock Exchange (PSX) witnessed mixed trading on Wednesday, as the benchmark KSE-100 Index swayed in... Updated 02 Oct, 2024 08:32pm
Satellite photos show Israel hit Iran former nuclear weapons test building, missile facilities, researchers say