Lucky TG to buyback shares amid ‘uncertain economic conditions’ Citing economic conditions, Lucky Core Industries Limited’s (LCI) subsidiary Lucky TG (Private) Limited (LTG) will... Updated 30 May, 2024 10:22pm
Markets Negativity at PSX, KSE-100 falls below 75,000 Bearish sentiment prevailed at the Pakistan Stock Exchange (PSX) on Wednesday, as the benchmark KSE-100 index fell... Updated 29 May, 2024 05:13pm
Business & Finance DFML says it has commenced production of KIA Shehzore, rollout on June 4 Share price still falls after PSX notice Updated 29 May, 2024 08:50pm
Markets Public holiday: PSX to remain closed on Tuesday, May 28 The Pakistan Stock Exchange Limited (PSX) will remain closed on Tuesday, May 28, 2024 on account of the public... Updated 27 May, 2024 09:06pm
Business & Finance Honda Atlas Cars’ profit-after-tax rises nearly 800%, clocks in at Rs2.33bn Despite massive decline in sales, the profit-after-tax (PAT) of Honda Atlas Cars (Pakistan) Limited (HCAR) rose... Updated 27 May, 2024 07:49pm
Markets Selling pressure seen at PSX, KSE-100 closes 466 points lower Selling pressure was witnessed at the Pakistan Stock Exchange (PSX) as the benchmark KSE-100 index lost 466 points... Updated 27 May, 2024 10:25pm
Markets Mineral exploration licence: PPL enters into JVA with Degan Exploration Works PPL is expanding its mining portfolio to develop the mineral resources Updated 24 May, 2024 11:29pm
Markets UAE conglomerate enters into ‘strategic partnership’ with TPL Trakker Gargash Group will be acquiring 50.1% stake in Trakker Middle East Limited Updated 24 May, 2024 03:49pm
Markets PABC says ongoing security issues at Chaman denting revenue Pakistan Aluminum Beverage Cans Limited (PABC) said “ongoing security issues” at Chaman, which has already strangled... Updated 22 May, 2024 05:55pm
Markets Chinese companies keen in expansion project, says PRL In notice to PSX, refinery says senior management from PRL visited China and had 'productive' discussions Updated 22 May, 2024 05:54pm
Business & Finance 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
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 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 Lucky Core Industries approves acquisition of Pfizer manufacturing facility in Karachi The Board of Directors (BoD) of Lucky Core Industries Limited, previously known as ICI Pakistan Limited, has... Updated 10 May, 2024 10:57pm
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 KSE-100 falls as profit-taking kicks in, volume high over WorldCall Telecom Bearish sentiment prevailed at the Pakistan Stock Exchange (PSX) as the benchmark KSE-100 ended with a loss of... Updated 08 May, 2024 09:55pm
Markets Attock Refinery restarts operation of key unit Amid improvement in the uplifting of High-Speed Diesel (HSD), Attock Refinery Limited (ATRL), a subsidiary of Attock... Updated 08 May, 2024 11:04pm
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 gains over 1% as bullish trend continues The Pakistan Stock Exchange (PSX) maintained its bullish trend as the benchmark KSE-100 Index gained over 1% during... Updated 06 May, 2024 09:34pm
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 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
Business & Finance HBL to inject up to Rs6bn equity in its microfinance bank The Board of Directors of Habib Bank Limited, one of the country’s largest commercial banks, has approved an equity... Updated 30 Apr, 2024 10:41pm
Business & Finance NBP’s profit falls 13%, clocks in at Rs9.8bn in 1QCY24 National Bank of Pakistan (NBP), one of the country’s largest commercial banks, registered a profit-after-tax (PAT)... Published 29 Apr, 2024 05:39pm
Business & Finance Indus Motor Company’s profit jumps 38%, amounts to Rs4.45bn in Jan-Mar Indus Motor Company (IMC) reported on Monday a profit of Rs4.45 billion for the three-month ended March 31, 2024, an... Updated 29 Apr, 2024 09:25pm
Markets Mari Petroleum says will invest Rs2.5bn in mineral mining subsidiary via equity injection The Board of Directors of Mari Petroleum Company Limited (MARI) has approved an investment of up to Rs2.5 billion by... Updated 29 Apr, 2024 09:40pm
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