Markets

The benchmark KSE-100 index had lost 15,071.01 points or 8.97% while the KSE-30 index had slid by more than 9% when trading was halted

Compressed valuations and idle liquidity seen cushioning further downside

Stable API costs projected to lift earnings to PKR 8.3 billion despite slight volume dip

Utility expands into electric vehicles, offshore blocks and mining while facing higher taxes and elevated receivables

Earnings rise 11% on strong net interest income and provision reversals despite rate cuts

Profits hit PKR 1.56 trillion as banks, cement and autos offset energy sector declines

SECP aligns criteria with global benchmarks as part of push to eliminate riba by 2027

Company plans REIT platform with three Lahore and Islamabad projects worth PKR 7 billion in land

Bloomberg reports Gulf nation exceeds income thresholds as index spread seen widening after phase-out

Revenue dips, other income plunges 46% as production softens despite higher dividends

Proposal includes management control as state moves to integrate shipping and logistics

Company maintains FY29 production target as drilling activity and discoveries advance

The KSE-100 index saw a sharp sell-off last week, closing at 173,170, a decline of 3.6%

Manufacturing momentum builds as autos surge 67% in first half of fiscal year

Export boom and cheaper Chinese APIs fuel profit growth, analysts see further upside