Crescent Star Insurance resumes 'Guarantee Business'

Crescent Star Insurance Limited has officially resumed its guarantee business after the Islamabad High Court set aside the Securities and Exchange Commission of Pakistan’s (SECP) directive that had previously halted such operations.

Bawany Air Products Limited (PSX: BAPL) has been officially restored to the Normal Counter on the Pakistan Stock Exchange (PSX) following the resumption of its core business operations, marking the end of nearly three years of halted activity.

The treasury management division of the National Bank of Pakistan (NBP) on Thursday, issued the following exchange rates.

The Pakistani rupee (PKR) appreciated by 10.15 paisa or 0.04% against the US dollar in Wednesday's interbank session to settle the trade at PKR 282.95 per USD, compared to previous closing of 283.05.

Haseeb Waqas Sugar Mills Limited (PSX: HWQS), long stuck in operational limbo, is now inching toward delisting from the Pakistan Stock Exchange (PSX). But behind the official letters and regulatory filings, a deeper story is unfolding, one that raises uneasy questions about transparency, timing, and whether minority shareholders are being quietly swept aside.

The National Clearing Company of Pakistan Limited (NCCPL) has issued proposed amendments to its 2015 regulations, inviting public commentary. These proposals cover revisions to margin structures and broaden access to clearing and settlement mechanisms, notably for digital banks and equity-based Exchange Traded Funds (ETFs).