News by MG News

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ECC approves levy recovery deal with Cnergyico

The Economic Coordination Committee (ECC) of the Cabinet approved a settlement framework for the recovery of petroleum levy defaulted on by Cnergyico PK Limited (CPL) since 2019.

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Customs system set for major overhaul

The government is all set to modernize Pakistan’s customs inspection and assessment system with advanced technology and a faceless mechanism to ensure transparency and efficiency.

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USA issues notification for 50% tariff on Indian goods

The United States is set to sharply raise tariffs on imports from India, imposing an additional 25 percent duty that will bring the overall rate to 50 percent.

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PSX Closing Bell: A Slight Dip in the Tune

The benchmark KSE-100 Index concluded Tuesday's trading session at 148,435.06, showing a decrease of 380.24 points or 0.26%.

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PKR holds steady against USD

The Pakistani rupee (PKR) stayed flat against the US dollar in Tuesday's interbank session to settle the trade at PKR 281.86 per USD, compared to previous closing of 281.87.

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GLAXO profit soars 154% YoY in half-year results

GlaxoSmithKline Pakistan Limited (PSX: GLAXO) posted a strong financial performance for the half-year ended June 30, 2025, with profit after taxation jumping 153.63% YoY to Rs4.20 billion [EPS: Rs13.17], compared to Rs1.65 billion [EPS: Rs5.19] in the same period last year.

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BoK delivers outstanding profit growth in H1 2025

The profit after taxation of Bank of Khyber (PSX: BOK) surged by an impressive 117.09% to Rs 3.37 billion compared to Rs1.55bn in the same period last year.

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Haleon Pakistan posts nearly 59% rise in H1 profit

Haleon Pakistan Limited (PSX: HALEON) posted strong half-year earnings for the period ended June 30, 2025, with profit after tax rising 58.63% YoY to Rs2.97 billion [EPS: Rs25.38] compared to Rs1.87bn [EPS: Rs16] in the same period last year (SPLY).

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PICT faces reduced profit in first half

Pakistan International Container (PSX: PICT) reported a sharp decline in its half-year earnings for the period ended June 30, 2025, with profit after taxation dropping 85.3% YoY to Rs40.59 million [EPS: Rs0.37] compared to Rs276.11m [EPS: Rs2.53] in the same period last year (SPLY).

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BATA loses its footing in H1 2025

Bata Pakistan Limited (PSX: BATA) witnessed a significant downturn in its financial performance during the six months ended June 30, 2025, posting a net loss of Rs113.4 million compared to a net profit of Rs470.9m in the same period last year.

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Name Price/Vol %Chg/NChg
KSE100 148,435.06
161.93M 		-0.26%
-380.24
ALLSHR 91,554.64
664.24M 		-0.13%
-118.48
KSE30 45,069.28
78.72M 		-0.30%
-137.16
KMI30 210,256.36
101.15M 		-0.04%
-75.78
KMIALLSHR 60,703.10
367.88M 		0.03%
17.23
BKTi 41,394.54
19.61M 		-1.45%
-608.81
OGTi 29,943.45
7.95M 		-0.16%
-48.00
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 111,490.00 112,490.00
111,260.00 		260.00
0.23%
BRENT CRUDE 67.26 67.45
67.13 		0.04
0.06%
RICHARDS BAY COAL MONTHLY 92.00 0.00
0.00 		1.80
2.00%
ROTTERDAM COAL MONTHLY 100.40 100.40
100.40 		0.00
0.00%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50 		0.00
0.00%
CRUDE OIL - WTI 63.25 63.46
63.15 		0.00
0.00%
SUGAR #11 WORLD 16.42 16.51
16.31 		0.02
0.12%
Chart of the Day
Latest News
August 26, 2025 at 05:02 PM GMT+05:00

ECC approves levy recovery deal with Cnergyico

August 26, 2025 at 04:57 PM GMT+05:00

Customs system set for major overhaul

August 26, 2025 at 04:13 PM GMT+05:00

USA issues notification for 50% tariff on Indian goods

August 26, 2025 at 04:02 PM GMT+05:00

PSX Closing Bell: A Slight Dip in the Tune

August 26, 2025 at 04:01 PM GMT+05:00

PKR holds steady against USD

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