Markets

Sazgar launches first CKD plug-in hybrid, exits home appliances business
Markets

Sazgar launches first CKD plug-in hybrid, exits home appliances business

Company expands NEV lineup with HAVAL H6 PHEV, eyes export growth and manufacturing scale amid auto sector rebound

HUBC sells 2,000 BYD EVs in six months, unveils $150M assembly plant plan
Markets

HUBC sells 2,000 BYD EVs in six months, unveils $150M assembly plant plan

Hub Power’s joint venture eyes 25,000-unit local capacity, nationwide charging network

UBL tops PSX dividend payouts with PKR 115 billion
Markets

UBL tops PSX dividend payouts with PKR 115 billion

Bank reports PKR 28.6 billion quarterly profit, converts all branches in KP and Balochistan to Islamic banking

Earnings review of SAZEW, BOP, and HUBC
Markets

Earnings review of SAZEW, BOP, and HUBC

The Bank of Punjab surprised the market with an interim dividend

Pakistan raises PKR 491 billion through T-Bills auction
Markets

Pakistan raises PKR 491 billion through T-Bills auction

Cut-off yield for 1-month T-Bill falls 15bps, remains unchanged for 3, 6, and 12-month bills

Oil prices edge higher ahead of OPEC+ meeting and U.S. pressure on Russia
Markets

Oil prices edge higher ahead of OPEC+ meeting and U.S. pressure on Russia

The OPEC+ alliance is scheduled to decide October production policy at its upcoming meeting, and most analysts expect output levels to remain unchanged.

Gold surpasses $3,500 for the first time on Fed rate-cut bets
Markets

Gold surpasses $3,500 for the first time on Fed rate-cut bets

Gold has long been viewed as a safe-haven asset during times of political and economic uncertainty, and it typically benefits from lower interest rates.

Floods shake investor confidence at Pakistan Stock Exchange
Markets

Floods shake investor confidence at Pakistan Stock Exchange

The benchmark KSE-100 index declined by 875 points, or 0.58%, closing at 148,618, reflecting growing caution amid climate-related risks

Pakistan’s auto reform bill criticized for sidelining used car dealers
Markets

Pakistan’s auto reform bill criticized for sidelining used car dealers

Automobile importers demand inclusion in policy-making for the Motor Vehicle Development Act

Goldman forecasts crude oil prices falling to $50 per barrel in 2026
Markets

Goldman forecasts crude oil prices falling to $50 per barrel in 2026

Significant oversupply, geopolitical issues expected to disrupt prices

Wheat prices hit 5-month high of over 3,000 per 40 kg
Markets

Wheat prices hit 5-month high of over 3,000 per 40 kg

Sharp uptick in prices expected to improve farmers’ sentiments before next sowing season

ICMA proposes Defence Index to safeguard PSX from future crises
Markets

ICMA proposes Defence Index to safeguard PSX from future crises

Proposals include a Defence Sector Index, revamped circuit breaker rules, a Sovereign Market Stability Fund

Pakistan Stock Exchange hits 150,000—peak or more to come?
Markets

Pakistan Stock Exchange hits 150,000—peak or more to come?

This week, the Pakistan Stock Exchange shattered a major psychological barrier

Pakistan raises PKR 171 billion in Sukuk auction, short of target
Markets

Pakistan raises PKR 171 billion in Sukuk auction, short of target

Rental rates edge higher as investors seek yield in shariah-compliant instruments

Relentless PSX touches another historic high
Markets

Relentless PSX touches another historic high

The milestone represents the fastest 50,000-point surge in the exchange's history

Kot Addu Power, Fauji Foundation bid for controlling stake in Attock Cement
Markets

Kot Addu Power, Fauji Foundation bid for controlling stake in Attock Cement

Companies submit binding offer to acquire 84.06% from Pharaon Investment

'The index that doesn't rest': PSX surges to new all-time high
Markets

'The index that doesn't rest': PSX surges to new all-time high

The market has now posted a staggering 90% return over the past year