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
Markets Share acquisition: Thal Limited to commence talks with SECMC stakeholders Thal Limited (THALL) has decided to engage in discussions with the Pakistani shareholders of Sindh Engro Coal Mining... Updated 25 Apr, 2024 09:47pm
Markets Engro Corp’s profit up 18%, clocks in at Rs10.4bn in 1QCY24 Pakistani conglomerate Engro Corporation Limited (ENGRO) posted a consolidated profit-after-tax (PAT) of Rs10.38... Updated 25 Apr, 2024 09:35pm
Markets Despite lower finance cost, National Refinery posts Rs2.87bn loss in 3QFY24 Despite higher revenues and lower finance cost, National Refinery Limited (NRL), the country’s only lube refinery,... Updated 25 Apr, 2024 09:06pm
Markets The Organic Meat Company secures another $4mn export contract to UAE firm Pakistani meat processor The Organic Meat Company Limited (TOMCL) said it has secured another multi-million dollar... Updated 25 Apr, 2024 10:29pm
Business & Finance Bank Alfalah’s profit falls 8% in 1QCY24, clocks in at Rs9.93bn Despite higher net income, Bank Alfalah saw its profit fall to Rs9.93 billion during the quarter ended March 31,... Published 24 Apr, 2024 04:31pm
Business & Finance ‘Strong performance’: Standard Chartered explains reason for increase in share price Standard Chartered Bank (Pakistan) Limited (SCBPL), a subsidiary of Standard Chartered Plc, said on Tuesday that the... Updated 24 Apr, 2024 10:16pm
Business & Finance Pakistan Refinery suffers Rs1.24bn loss in 3QFY24 Hit by lower revenue and high cost of sales, Pakistan Refinery Limited (PRL), a subsidiary of Pakistan State Oil... Updated 24 Apr, 2024 06:30pm
Markets KSE-100 edges lower in range-bound session The Pakistan Stock Exchange (PSX) witnessed a range-bound session on Tuesday, as its benchmark KSE-100 Index closed... Updated 23 Apr, 2024 06:49pm
Business & Finance Fauji Cement’s earnings down to Rs1.77bn in January-March 2024 Fauji Cement’s profit-after-tax amounted to Rs1.77 billion, a decrease of 6%, during the third quarter of FY24 that... Published 23 Apr, 2024 03:29pm
Markets PPL sees significant boost in oil & gas production Pakistan Petroleum Limited (PPL) has registered a significant increase in hydrocarbon production from its wells... Updated 22 Apr, 2024 04:06pm
Markets First oil discovery made in Mari D&PL Mari Petroleum Company Limited (MARI), one of Pakistan’s largest energy and exploration companies, has discovered... Published 22 Apr, 2024 02:49pm
Markets In a first, KSE-100 shoots past 71,000 after 524-point gain The Pakistan Stock Exchange (PSX) closed at a fresh record high on Monday as its benchmark KSE-100 Index closed over... Updated 22 Apr, 2024 08:14pm
Markets KSE-100 ends marginally lower, still above 70,000 The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index closed marginally lower by 43 points, as investors chose... Published 18 Apr, 2024 06:28pm
Markets Meezan Bank’s profit up nearly 65% in 1QCY24 Meezan Bank, the country’s largest Islamic bank, posted consolidated earnings of Rs25.54 billion for the first... Published 18 Apr, 2024 04:48pm
Markets MARI successfully drills another appraisal well in Sindh Mari Petroleum Company Limited (MARI), one of Pakistan’s largest energy and exploration companies, has successfully... Updated 18 Apr, 2024 04:31pm
Markets Ali Rathore set to take charge as CEO Engro Fertilizers Limited The Board of Directors of Engro Fertilizers Limited (EFERT) has approved the appointment of Ali Rathore as the... Updated 17 Apr, 2024 10:14pm
Business & Finance Dhaka-based Bank Asia looks to acquire Bank Alfalah Bangladesh In PSX notice, Bank Alfalah says it will now seek SBP approval for Bank Asia to commence due diligence on its Bangladesh entity Updated 17 Apr, 2024 06:14pm
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees