Author Name : MG News
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Parliament passes finance bill 2026
Pakistan's National Assembly on Tuesday passed the Finance Bill 2026, giving effect to the federal budget for fiscal year 2026-27 worth Rs18.77tr, as opposition lawmakers staged a walkout amid sharp exchanges over democracy, governance and the role of state institutions.
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PSX Closing Bell: Early Surge Ends in Surrender
The Pakistan Stock Exchange (PSX) remained under pressure on Tuesday as persistent profit-taking in heavyweight banking and fertilizer stocks outweighed gains in the energy sector, pushing the benchmark KSE-100 Index lower for a second consecutive session.
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PKR holds firm against USD
The Pakistani rupee continued its upward trajectory against the US dollar in Tuesday's interbank session, appreciating 0.94 paisa to settle at PKR 278.21 per USD, as against the previous close of 278.22 showing persistent buying momentum in the local currency.
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SELECT IPO: Buy the Story or Buy the Numbers?
Pakistan's first standalone smartphone assembler is about to test the public market's appetite for a story built on a single customer relationship, a tax-sheltered new factory, and a balance sheet that has burned cash for two of the last three years while reporting a profit.
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State Bank’s nod awaited for TSA settlement: PTC
Pakistan Telecommunications Company Limited (PSX: PTC) has disclosed that the final settlement of its Technical Service Assistance (TSA) agreement liability remains entirely contingent upon receiving formal regulatory approval from the State Bank of Pakistan (SBP).
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Sitara Petroleum: The IPO That Glitters, But Does It Hold?
Sitara Petroleum Services Limited (SPSL) is pitching a transformation story that feels almost too good to ignore. Revenue tripled in a year. Net profit surged an eye-catching 1,370%. Shares are being offered at a floor price of PKR 13.50, marketed as a steep discount to a ‘fair value’ of PKR 22.83. On the surface, it reads like a rare bargain in Pakistan’s energy space.
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PSX rebounds in April after brutal slide
After enduring back-to-back double-digit monthly losses, the sharpest in years, Pakistan's equity market staged its most decisive single-month rebound of FY26 in April, fuelled first by geopolitical hope and then by the resilient conviction of local investors who refused to let the market fall further.
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The Exit That Keeps Giving — But Not to You
When Pak Suzuki Motor Company (PSMC) delisted from the Pakistan Stock Exchange in April 2024 at Rs609 per share, a price its own management proposed at Rs406 before a belated 50% bump, minority shareholders were told they were being offered a "fair exit."
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 177,692.92 292.03M | -0.44% -778.95 |
| ALLSHR | 107,527.40 755.35M | -0.21% -222.76 |
| KSE30 | 53,022.89 136.49M | -0.33% -177.32 |
| KMI30 | 254,789.27 135.36M | -0.08% -207.69 |
| KMIALLSHR | 69,937.14 438.67M | -0.02% -16.42 |
| BKTi | 47,966.64 21.05M | -1.22% -591.93 |
| OGTi | 36,833.67 15.21M | 0.60% 217.97 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 62,090.00 | 64,365.00 61,890.00 | -2360.00 -3.66% |
| BRENT CRUDE | 77.13 | 78.23 76.43 | -0.77 -0.99% |
| RICHARDS BAY COAL MONTHLY | 115.00 | 0.00 0.00 | 0.00 0.00% |
| ROTTERDAM COAL MONTHLY | 125.90 | 125.90 125.90 | -0.15 -0.12% |
| USD RBD PALM OLEIN | 1,157.50 | 1,157.50 1,157.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 73.26 | 74.45 72.48 | -0.60 -0.81% |
| SUGAR #11 WORLD | 13.93 | 14.03 13.75 | 0.09 0.65% |
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Pakistan Stock Movers
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