PSX
Philip Morris Announces Voluntary Delisting from PSX
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
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
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
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
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
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
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
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
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
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
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
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
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…
