PSX
Pakistan’s SLG-Trax in Talks to Acquire Singapore’s Finova
2 min read
Secure Logistics Group Limited (SLG-Trax), a top logistics and e-commerce provider in Pakistan, plans to acquire Singapore’s Finova Technologies. The company disclosed the decision in…
Pak Tech Companies Outperform PSX With 112% Returns in 5 Years
2 min read
Listed technology companies in Pakistan have massively outperformed the broader stock market, delivering 112% returns for investors over the past five years, according to a…
Philip Morris Announces Voluntary Delisting from PSX
2 min read
Philip Morris has formally announced its voluntary delisting from the Pakistan Stock Exchange (PSX), following a strategic share buyback that concentrated nearly all ownership in…
Gul Ahmed Textile Mills Announces Closure of Export Apparel Segment
2 min read
Gul Ahmed Textile Mills Limited has officially announced the closure of its Export Apparel Segment following a strategic review of its performance. The decision, communicated…
Cement Giant Enters Automotive Sector
2 min read
Bestway Cement Limited, one of Pakistan’s largest cement manufacturers, has announced its entry into the automotive sector with the launch of a new private limited…
Sazgar Engineering Profitability Doubles in FY25
2 min read
Sazgar Engineering Works Limited (SAZEW) profitability recorded a sharp improvement in FY25, with the company achieving major growth across revenue, profit, and investor returns compared…
KAPCO Attock Cement Acquisition Moves Forward with Binding Offer
2 min read
Marking a key development in the KAPCO Attock Cement acquisition, Kot Addu Power Company Limited (PSX: KAPCO) has submitted a binding offer to Pharaon Investment…
15 PSX Companies Now Hold $1 Billion Market Capitalization
2 min read
The Pakistan Stock Exchange (PSX) has seen a significant rise in companies reaching the $1 billion market capitalization milestone, jumping from just three firms two…
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…
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