SBP gives go-ahead to Bank Alfalah to conduct due diligence of Samba Bank The State Bank of Pakistan (SBP) has granted its approval to Bank Alfalah Limited to commence due diligence of Samba... Updated 20 May, 2024 08:07pm
Markets Another day, another record: KSE-100 closes above 75,000 as buying spree continues The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 hit a fresh peak on Friday as it closed above 75,000 for the... Published 17 May, 2024 07:43pm
Business & Finance SBP gives go-ahead for due diligence of Bank Alfalah Bangladesh to Bank Asia Bank Alfalah intends to sell its operations in Bangladesh to Bank Asia Updated 17 May, 2024 05:13pm
Markets OGDC sees significant boost in oil production at KPK well Oil and Gas Development Company Limited (OGDC) has registered a significant increase in oil production from Nashpa... Updated 17 May, 2024 04:46pm
Markets Pakistani companies with market cap of over $1bn at PSX A total of six listed companies have a market cap ranging from $1.13 billion to $2.15 billion as of May 15, 2024 Updated 16 May, 2024 12:36pm
Markets Amid high tariffs, Pakistan’s industrial base is ramping up transition to solar power Taking advantage of the natural resource at their disposal, industries in Pakistan are switching towards solar to... Updated 15 May, 2024 11:06pm
Markets Fast Cables IPO: funds to be used for capacity expansion, says MD The book-building process of Fast Cables Limited’s initial public offering (IPO) will take place on May 15 and 16 as... Updated 14 May, 2024 09:21pm
Markets KSE-100 powers past 74,000 with over 730-point gain The Pakistan Stock Exchange (PSX) continued its merry-run on Tuesday as the benchmark KSE-100 gained over 730 points... Updated 14 May, 2024 10:39pm
Markets Service Long March Tyres commits investment of around $108mn to double capacity in Pakistan Shows intent to invest another $108mn to start new project exporting specialised tyres from Pakistan to EU, US Updated 13 May, 2024 05:17pm
Markets KSE-100 hits record high, closes over 73,000 for the first time After a few lacklustre sessions, the Pakistan Stock Exchange (PSX) witnessed a buying spree on Friday as its... Updated 10 May, 2024 09:14pm
Business & Finance Majority stake in PIA: not yet bidders, clarifies Arif Habib Corp in PSX notice Arif Habib Corporation Limited (AHCL), one of Pakistan’s leading business groups, clarified that submitting an... Updated 09 May, 2024 09:19pm
Markets Citi Pharma forms JV with China’s Hangzhou Newsea Technology JV will focus on producing APIs not currently manufactured by Lahore-based company Updated 07 May, 2024 10:28pm
Business & Finance Board approves Engro Corp, Dawood Hercules Corp restructuring plan Under proposed restructuring, Engro Corp will become a wholly-owned subsidiary of DH Corp Updated 06 May, 2024 10:17pm
Markets KSE-100 sees third successive session in the red, falls 445 points Bearish sentiment prevailed at the Pakistan Stock Exchange (PSX) as the benchmark KSE-100 Index lost nearly 450... Updated 02 May, 2024 06:59pm
Markets Targeting GCC markets, TOMCL completes first phase of expansion Pakistani meat processor The Organic Meat Company Limited (TOMCL) has completed the first phase of its operations... Updated 02 May, 2024 08:15pm
Business & Finance Pak Suzuki announces up to Rs710,000 price drop for Swift variants In what the company titled “limited time offer”, Pak Suzuki Motor Company announced a price decrease of up to... Updated 02 May, 2024 09:47pm
Business & Finance Air Link Communication’s profit up 533%, stands at over Rs1bn in 3QFY24 Pakistan’s smartphone manufacturer Air Link Communications Limited saw its profit grow by over 533%, clocking in at... Published 30 Apr, 2024 04:05pm
Markets Selling pressure: KSE-100 sheds 593 points in another negative session Selling pressure was again witnessed at the Pakistan Stock Exchange (PSX) as the benchmark KSE-100 Index lost 593... Updated 30 Apr, 2024 10:40pm
Markets PSO’s profit plunges over 70% in 3QFY24, amounts to Rs3.74bn Despite higher sales, Pakistan State Oil Company Limited’s (PSO) profit-after-tax (PAT) plunged over 70%, clocking... Published 26 Apr, 2024 02:44pm
Business & Finance JS Bank registers massive 376% jump in profit in 1QCY24 JS Bank Limited (JSBL) posted massive consolidated profit of Rs4.2 billion during the three months ended March 31,... Updated 26 Apr, 2024 09:31pm
Markets Share acquisition: Thal Limited to commence talks with SECMC stakeholders Thal Limited (THALL) has decided to engage in discussions with the Pakistani shareholders of Sindh Engro Coal Mining... Updated 25 Apr, 2024 09:47pm
Markets Despite lower finance cost, National Refinery posts Rs2.87bn loss in 3QFY24 Despite higher revenues and lower finance cost, National Refinery Limited (NRL), the country’s only lube refinery,... Updated 25 Apr, 2024 09:06pm
Markets KSE-100 retreats after positive start, closes below 72,000 The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index retreated after a positive start on Thursday, as... Updated 25 Apr, 2024 10:36pm
Business & Finance Bank Alfalah’s profit falls 8% in 1QCY24, clocks in at Rs9.93bn Despite higher net income, Bank Alfalah saw its profit fall to Rs9.93 billion during the quarter ended March 31,... Published 24 Apr, 2024 04:31pm
Business & Finance ‘Strong performance’: Standard Chartered explains reason for increase in share price Standard Chartered Bank (Pakistan) Limited (SCBPL), a subsidiary of Standard Chartered Plc, said on Tuesday that the... Updated 24 Apr, 2024 10:16pm
Markets Bloodbath: KSE-100 closes with 978-point fall as Fitch's downgrade dents sentiment Index finishes below 40,400 level amid political uncertainty Updated 19 Jul, 2022 05:29pm
Markets Proposed right issues KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange.... Published 04 Jun, 2021 05:06am
Markets Dividend/Bonus Announcements KARACHI: Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange.... Published 04 Jun, 2021 05:06am
Markets Board meetings in progress KARACHI: Board Meetings in Progress of Companies listed on the Pakistan Stock Exchange.... Published 04 Jun, 2021 05:06am
Markets BOARD MEETINGS KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange.... Published 04 Jun, 2021 05:06am
