PSX
PSX Faces Black Monday as Global Market Collapse Continues After Trump’s Tariff Threats
2 min read
The Pakistan Stock Exchange (PSX) faced a major downturn on Monday as the KSE-100 index dropped sharply by over 3,300 points, reflecting a 2.78% loss.…
PSX Hits All-Time High After Power Tariff Relief
2 min read
The Pakistan Stock Exchange (PSX) hit an all-time high on Friday, following the government’s major announcement of reduced electricity tariffs for both domestic and industrial…
Engro Secures CCP Approval for $563 Million Deal to Acquire Jazz’s Deodar Tower Assets
3 min read
The Competition Commission of Pakistan (CCP) has granted approval for Engro Corporation’s acquisition of Deodar (Pvt.) Ltd., the tower subsidiary of Pakistan Mobile Communications Limited…
Pakistan Launches First PKR-Denominated Green Bond on PSX to Drive Sustainable Finance
3 min read
ISLAMABAD: Parwaaz Financial Services Limited (PFSL), a subsidiary of Karandaaz Pakistan, has launched Pakistan’s first-ever PKR-denominated Green Bond under the Parwaaz Green Action Bond initiative.…
Electrolux and PEL Announce Partnership for Home Appliance Expansion in Pakistan
2 min read
Karachi: Pak Elektron Limited (PEL) has announced a partnership with Electrolux AB, a global home appliance manufacturer, to expand its market presence and product offerings…
Zarea Limited Secures Rs1.03 Billion in Pakistan’s First IPO of 2025
2 min read
Zarea Limited, one of Pakistan’s largest B2B commodities platforms, has successfully raised Rs1.03 billion in the first initial public offering (IPO) of 2025 at the…
SBP to Introduce New Currency Notes with Enhanced Security in 2025
3 min read
The Governor of the State Bank of Pakistan (SBP), Jameel Ahmad, announced on Monday that the central bank plans to issue new currency notes in…
Air Link’s Subsidiary set to Begin Local Production of Xiaomi TVs in Pakistan
2 min read
Air Link Communication Ltd., a leading name in technology and communication, has announced the launch of Xiaomi televisions in Pakistan. The initiative will be carried…
Shell Pakistan Renamed to Wafi Energy Pakistan Limited
2 min read
Shell Pakistan Limited has officially changed its name to Wafi Energy Pakistan Limited following the completion of an acquisition by Wafi Energy Holding Limited, according…
Top Contributors to PSX’s 84% Surge in 2024
2 min read
The Pakistan Stock Exchange (PSX) experienced a remarkable surge in 2024, with the benchmark KSE-100 index climbing by 84%, adding 52,676 points to reach a…
Park View Enclave Challenges Silkbank-UBL Merger in Sindh High Court
2 min read
Park View Enclave (Private) Limited has initiated legal proceedings against the proposed merger between Silkbank Limited and United Bank Limited (UBL). The lawsuit, filed in…
PSX Sees Sharp Drop as Shares Tumble Nearly 2,000 Points Amid Afghanistan Tensions
3 min read
The Pakistan Stock Exchange (PSX) experienced a sharp decline on Thursday, as bearish sentiment took hold, with shares plummeting by nearly 2,000 points. The KSE-100…
Pakistan Stock Market Surges as 11 More Companies Cross Billion-Dollar Threshold
4 min read
The Pakistan Stock Exchange (PSX) has witnessed an exceptional rally recently, with the KSE-100 Index closing above 116,000 on Monday, December 16, 2024. This remarkable…
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