Markets

Oil surges, stocks fall as Trump says to blockade Strait of Hormuz
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Oil surges, stocks fall as Trump says to blockade Strait of Hormuz

Equities fell across Asia, with Tokyo, Hong Kong and Seoul off at least 1%

Oil marketing firms in Pakistan eye windfall gains amid price surge
Markets

Oil marketing firms in Pakistan eye windfall gains amid price surge

Inventory gains expected to lift profits sharply in FY26's third quarter

Pakistan pharma earnings surge to record PKR 42B in 2025
Markets

Pakistan pharma earnings surge to record PKR 42B in 2025

Sales growth, falling API costs and lower finance charges boost profits

Supernet scales up after PSX Main Board transition
Markets

Supernet scales up after PSX Main Board transition

Strong pipeline, dollar-linked revenues signal sustained growth

Crude rises, stocks fall on fears over nascent Iran ceasefire
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Crude rises, stocks fall on fears over nascent Iran ceasefire

There are fears that the ceasefire could fall apart while crude remains stuck in Hormuz

SECP approves IPO of Wahdat Poultry Farm, making it eighth listing of FY26
Markets

SECP approves IPO of Wahdat Poultry Farm, making it eighth listing of FY26

The company is offering 50 million new shares alongside an offer for sale of 3.1 million existing shares

PSX up 9% after highest-ever rally following US-Iran ceasefire
Markets

PSX up 9% after highest-ever rally following US-Iran ceasefire

Analysts say market reaction reflects a shift from fear to optimism as investors reassess the risk of a broader regional conflict

Trading resumes at PSX after 8% surge led to temporary halt
Markets

Trading resumes at PSX after 8% surge led to temporary halt

The benchmark KSE-100 index gained over 12,000 points following the US, Iran ceasefire announcement

Iran war clouds sukuk market outlook as issuance slows, risks rise
Markets

Iran war clouds sukuk market outlook as issuance slows, risks rise

Fitch says impact will depend on conflict duration, with yields rising and outlooks turning negative

Oil shoots up, markets tumble as Trump offers no endgame on Iran crisis
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Oil shoots up, markets tumble as Trump offers no endgame on Iran crisis

Trump’s remarks dampen hopes of quick resolution to crisis

Corporate earnings of GLAXO, FATIMA, and OGDC
Markets

Corporate earnings of GLAXO, FATIMA, and OGDC

GLAXO’s earnings jumped 53% year-on-year, driven by stronger sales and improved margins

Pakistan equities tumble in March as crisis fears grip investors
Markets

Pakistan equities tumble in March as crisis fears grip investors

Oil price spike and geopolitical risks dragged index into steep decline

Asian stocks rally as Trump says war to end 'very soon'
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Asian stocks rally as Trump says war to end 'very soon'

Wall Street surges, with the Nasdaq up 3.8% and the S&P 500 adding almost 3%

Engro flags DAP shortage, seeks easing of import restrictions
Markets

Engro flags DAP shortage, seeks easing of import restrictions

Supply disruptions and high prices weigh on fertilizer demand

Crude surges, stocks dive as Houthi attacks escalate Iran war
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Crude surges, stocks dive as Houthi attacks escalate Iran war

Adding to the dour mood are Donald Trump's remarks that he wanted to "take the oil in Iran"

BYD's Pakistan plans: 25,000 cars a year from Gharo facility
Markets

BYD's Pakistan plans: 25,000 cars a year from Gharo facility

While BYD initially entered Pakistan with imported Completely Built-Up (CBU) units, work on the local plant has been underway since early 2025

Corporate earnings of AGP, FABL, & MUGHAL
Markets

Corporate earnings of AGP, FABL, & MUGHAL

AGP stood out with a robust 40% year-on-year growth in earnings, coupled with an increase in its annual dividend to PKR 8.0

Crude tumbles, stocks rally on hopes for Iran war de-escalation
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Crude tumbles, stocks rally on hopes for Iran war de-escalation

Both main crude contracts plunged more than 6% with Brent back below $100

Geopolitics, oil prices set near-term direction for Pakistan equities
Markets

Geopolitics, oil prices set near-term direction for Pakistan equities

Volatility persists even as lower valuations improve market appeal

Energy price spike raises Pakistan risks but lifts E&P outlook
Markets

Energy price spike raises Pakistan risks but lifts E&P outlook

Higher oil prices strain imports, but domestic producers stand to gain