Pakistan Stock Exchange (PSX)
BankIslami Profit Plunges 65% in Q1 2026: Complete Financial Breakdown
BankIslami Pakistan Limited (PSX: BIPL) just announced a massive 65% decline in its consolidated profit after taxation for the first quarter. Profit plunged to Rs.…
NBP 350% Dividend: When Will Shareholders Actually Get Paid?
Shareholders of the National Bank of Pakistan (NBP) are still waiting for their record dividend payout. Nearly two months ago, the bank announced a historic…
Former Shell Executive Jawwad Ahmed Cheema Appointed as New CEO of PSO
Pakistan State Oil Company Limited (PSO) has appointed Mr. Jawwad Ahmed Cheema as its new Chief Executive Officer (CEO). The company formally notified the Pakistan…
Record-Breaking PSX Rally: KSE-100 Index Surges Over 12,000 Points After US-Iran Ceasefire
Today, the Pakistan Stock Exchange (PSX) experienced a monumental rally. Investors reacted enthusiastically to the positive news of a ceasefire between the United States and…
Sazgar Engineering Announces Re-Appointment of CEO & Massive Rs. 22 Billion SUV Expansion Plan
Sazgar Engineering Works Limited (PSX: SAZEW) is moving aggressively to dominate the local automotive market. Today, the company announced a major leadership transition and a…
CCP Recovers Rs 40M After Major Pharma Distribution Monopoly Exposed
The Competition Commission of Pakistan has recovered Rs. 40 million in penalties from two pharmaceutical distributors who entered into a non-compete agreement that effectively removed…
Tribunal Upholds Rs. 40M CCP Penalty Against Medicine Distributors UDPL & IBL
The Competition Appellate Tribunal (CAT) has officially upheld a cumulative Rs. 40 million penalty against two prominent medicine distributors. Yesterday, the tribunal validated the Competition…
JS Bank Profit Plunges 44% in FY2025: Complete Financial Breakdown
Today, February 24, 2026, JS Bank Limited (PSX: JSBL) announced its financial results for the year ended December 31, 2025. The bank posted a profit…
Bank of Punjab to Inject Rs 1 Billion into Exchange Subsidiary to Boost Growth
The Bank of Punjab (BOP) has approved Rs 1 billion in capital for its subsidiary, BOP Exchange Private Limited, to strengthen its finances and support…
Mitsubishi Corporation to Sell Entire 11% Stake in Engro Polymer & Chemicals
Mitsubishi Corporation (MC) has officially announced its decision to divest its shareholding in Engro Polymer & Chemicals Limited (EPCL). The Japanese corporation currently holds an…
Engro Energy Sells 18.53% of EPQL Shares, Keeps Majority Ownership
Engro Energy Limited has reduced its stake in Engro Powergen Qadirpur Limited by selling 18.53% of its shares for Rs 1.5 billion, according to a…
Service Group Enters Auto Sector with $80 Million Tyre Manufacturing Project
The Service Group has announced an $80 million investment to set up a passenger car tyre manufacturing plant in Nooriabad, Sindh, marking its entry into…
Clover Pakistan Announces 10:1 Stock Split on PSX
Clover Pakistan Limited (PSX: CLOV) has announced a proposed 10-for-1 stock split, as per a filing submitted to the Pakistan Stock Exchange on Thursday. The…