Pakistan Stock Exchange (PSX)
PSX Plummets 2500 Pts As Indo-Pak War Clouds Darken
2 min read
The Pakistan Stock Exchange (PSX) faced a major decline today, with the index falling by more than 2,500 points. The stock exchange saw investors hesitant,…
Pakistan’s Remittances Hit Historic High in March as SBP Revises Forecasts Amid Economic Recovery
3 min read
In a significant economic milestone, Pakistan recorded an all-time high of $4.1 billion in workers’ remittances for March 2025, according to Governor State Bank of…
Stock Market Alert: PSX Cautions Against 4 Listed Firms
2 min read
The Pakistan Stock Exchange (PSX) has raised concerns over four publicly listed companies for failing to meet financial obligations, issuing a Risk Warning Alert (RWA)…
PEL Sends First Transformer Shipment to the US
2 min read
KARACHI: Pak Elektron Limited (PEL), a key player in Pakistan’s electrical manufacturing industry, has officially commenced exports to the United States. The company’s first batch…
Shareholders Approve Silkbank-UBL Merger, Awaiting Final Approval
2 min read
The merger between Silkbank Limited and United Bank Limited (UBL) has been legally accepted by the shareholders of both banks under the Scheme of Amalgamation.…
National Foods Closes Sharjah Subsidiary
2 min read
National Foods Limited has announced that its Dubai-based subsidiary, National Foods DMCC, has successfully completed the liquidation and closure of its Sharjah-registered subsidiary, National Foods…
Biafo Industries Signs Collaboration Agreement with Reko Diq Mining
2 min read
Reko Diq Mining Company (RDMC) has partnered with Biafo Industries Limited to provide blasting services for the pre-mining infrastructure development at the Reko Diq site.…
Zarea, Pakistan’s B2B Platform, Announces Plans for IPO
2 min read
Zarea Limited, a leading commodities B2B platform in Pakistan, is aiming to raise a minimum of Rs1 billion ($3.59 million) through an initial public offering…
PSBA: 61,000 New Stock Accounts Opened in 6 Months
3 min read
The Pakistan Stock Brokers Association (PSBA) announced that over 61,000 new stock market accounts were opened in just six months, demonstrating significant growth in investor…
Air Link Secures Rs572 Million Industrial Land for Expansion
2 min read
The announcement came from Air Link Communication Limited, which is planning to buy a 3-acre industrial property and a 5-acre plot from its wholly owned…
Al-Ghazi Tractors Temporarily Shuts Down Manufacturing Facility
2 min read
ISLAMABAD: Al-Ghazi Tractors Limited has announced the temporary suspension of its manufacturing plant, effective from January 4 to January 31, 2025. The decision was made…
UBL and Silk Bank to Finalize Merger Through Share Swap
2 min read
The merger between Silk Bank Limited (SILK) and United Bank Limited (UBL) has been approved by both parties. UBL, one of Pakistan’s largest commercial banks,…
Scam Alert: IGIL Securities Trading Platform Under Scrutiny
2 min read
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued a public alert regarding an unlawful trading platform operating under the name “IGIL Securities.”…
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