Markets

PSX hits all-time high on optimism over army chief’s US visit, trade hopes
Markets

PSX hits all-time high on optimism over army chief’s US visit, trade hopes

Since the start of this fiscal year, the Pakistan Stock Exchange has risen by 16% in dollar terms and 15% in rupee terms

Pakistan’s billion-dollar firms surge in PSX rally
Markets

Pakistan’s billion-dollar firms surge in PSX rally

Market rally over past 18 months pushes UBL past $3B and OGDC to $4B, with top firms now making up 44% of PSX’s value

PSX likely to continue rally on circular debt hopes, earnings momentum
Markets

PSX likely to continue rally on circular debt hopes, earnings momentum

Analysts see oil, gas, banking, and cement sectors driving gains toward year-end targets, but warn high leverage may fuel short-term volatility

Record-breaking PSX: Small cap stocks you should watch
Markets

Record-breaking PSX: Small cap stocks you should watch

The bullish momentum at the Pakistan Stock Exchange showed no signs of slowing down this week

Faysal Bank joins MSCI Frontier Markets Index
Markets

Faysal Bank joins MSCI Frontier Markets Index

Index review also adds Indus Dyeing and Jubilee General Insurance to small-cap lineup as Pakistan’s market weight rises to 6-6.5%

Pakistan Petroleum reports ransomware attack, core operations unaffected
Markets

Pakistan Petroleum reports ransomware attack, core operations unaffected

Incident linked to 'Blue Locker' group was swiftly contained, with no evidence of compromise to critical systems or sensitive data, company says

Pakistan stocks extend record-breaking rally on strong corporate earnings, institutional buying
Markets

Pakistan stocks extend record-breaking rally on strong corporate earnings, institutional buying

“The market is responding to strong corporate results and expectations of monetary easing,” says analyst

Citi Pharma becomes Pakistan’s largest antibiotics producer with help from Chinese firm
Markets

Citi Pharma becomes Pakistan’s largest antibiotics producer with help from Chinese firm

The Chinese company installed automated aseptic production lines at Citi Pharma’s facility, increasing output from 10,000 to 100,000 vials per day

Carrefour UAE approves first Pakistani firm TOMCL for meat export
Markets

Carrefour UAE approves first Pakistani firm TOMCL for meat export

Company passes stringent Carrefour audit with 94.89% score, marking major breakthrough in international halal meat market

Pakistan central bank raises PKR 370B via T-bills auction, lower than target
Markets

Pakistan central bank raises PKR 370B via T-bills auction, lower than target

Yields moved in a mixed direction across tenors, with a notable increase in the 12-month bills

Pakistan stock market hits record high of 145,000 on expectation of strong earnings
Markets

Pakistan stock market hits record high of 145,000 on expectation of strong earnings

Investor confidence boosted by robust results, export growth, and improved liquidity

Pakistan central bank targets PKR 6.1T in debt auctions to meet financing needs
Markets

Pakistan central bank targets PKR 6.1T in debt auctions to meet financing needs

Central bank unveils MTB and PIB auction calendar for Aug-Oct

Bulls dominate PSX as it closes at new high
Markets

Bulls dominate PSX as it closes at new high

Since the start of the new fiscal year, the Pakistan stock market has jumped by 13.8%

PSX reaches new high on circular debt 'progress', trade talks optimism
Markets

PSX reaches new high on circular debt 'progress', trade talks optimism

Cement, commercial banks, and technology & communication sectors were the major contributors in today's session, cumulatively adding 866 points

OGDCL receives first interest payment under circular debt resolution plan
Markets

OGDCL receives first interest payment under circular debt resolution plan

The total interest amount of PKR 92 billion will be paid in 12 monthly installments

K-Electric launches Pakistan’s first-ever listed short-term retail sukuk
Markets

K-Electric launches Pakistan’s first-ever listed short-term retail sukuk

The debt instrument aims to broaden investor participation, offering tax benefits and ethical investment options

Pakistan’s oil boom? PSX hits record high after Trump’s deal
Markets

Pakistan’s oil boom? PSX hits record high after Trump’s deal

The surge followed a tweet from U.S. President Donald Trump announcing a strategic partnership with Pakistan to develop its oil reserves

Pakistan stock market crosses yet another all-time high
Markets

Pakistan stock market crosses yet another all-time high

The development sparked activity in the textile sector and led to appreciable gains in the oil and gas sector