Author Name : MG News

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PSX keeps JS Global Banking Sector Index unchanged in latest review

The Pakistan Stock Exchange Limited has carried out the re-composition of the JS Global Banking Sector Index (JSGBKTI) as of June 30, 2026, in accordance with the relevant index rules.

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PTC, BAFL, KEL, FATIMA enter KSE-30

The Pakistan Stock Exchange (PSX) has carried out the periodic re-composition of the KSE-30 Index, adding four companies and removing four others, according to a notice issued by the exchange.

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PSO’s RLNG cost hits record high in July on spot LNG imports

PSO's RLNG imports remained stagnant in July 2026, with the delivered cost climbing to a record high as the company continued to rely entirely on spot cargoes instead of long-term contracted supply from Qatar.

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OMC sales surge 20% MoM in July

Oil marketing companies (OMCs) posted a strong recovery in sales during July 2026, with industry-wide volumes of petroleum products climbing 23% year-on-year to 1.51mn tons.

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Zuma Resources to split shares 5-for-1 after shareholder approval

Zuma Resources Limited (PSX: ZUMA) shareholders have approved sub-dividing the company's ordinary shares from a face value of Rs10 each to Rs2 each, splitting each existing share into five ordinary shares, at an Extraordinary General Meeting held on August 1, 2026, at the company's registered office.

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ITANZ shareholders approve fourfold increase in authorized capital to Rs5bn

Shareholders of ITANZ Technologies Limited (PSX: ITANZ) have approved an increase in the company's authorized capital from Rs1.2bn, divided into 120 million ordinary shares of Rs10 each, to Rs5bn, divided into 500 million ordinary shares of Rs10 each.

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COLG declares Rs35 dividend

Colgate-Palmolive (Pakistan) Limited (PSX: COLG) reported a steady 1% increase in its consolidated net profit for the fiscal year ended June 30, 2026, recording Rs18.63bn compared to Rs18.40bn in the preceding year.

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PSX in July

The KSE-100 Index closed out July 2026 on a weak note, as geopolitical tensions kept investors on the back foot for most of the month.

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GTYR secures GSO certification, unlocks Gulf export markets

Ghandhara Tyre & Rubber Company Limited (PSX: GTYR) has secured approval and certification from the Gulf Standardization Organization (GSO), allowing the company to export its tyre products to GSO member countries.

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SBP maintains remuneration rate on Special Cash Reserve Account for August

The State Bank of Pakistan (SBP) has slightly increased the rate of remuneration on the Special Cash Reserve Account (US$) to 2.66% for August 2026 from 2.65% in July 2026 and 2.62% in June 2026.

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MPC in Pause Mode Today

The central bank is expected to keep its benchmark policy rate unchanged at 11.5% in today’s Monetary Policy Committee (MPC) meeting, extending a cautious pause as policymakers weigh improving domestic fundamentals against mounting external uncertainties.

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Karachi at 170: Judged Against the Impossible

When the Economist Intelligence Unit (EIU) ranked Karachi 170th out of 173 cities in its 2026 Global Livability Index, the verdict appeared damning. The headlines wrote themselves: Karachi is among the world's least livable cities.

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PSX in FY26: Rides Out the Storm

FY26 will be remembered as another landmark year for Pakistan's equity market. Riding on improving macroeconomic fundamentals and renewed investor confidence, the KSE-100 Index surged by 54,674 points, or 43.52%, to settle at a record 180,301.70 points.

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COMMENTARY ON FINANCE ACT 2026-27

The Finance Bill, 2026 was presented in the National Assembly on 12 June 2026 as part of the Federal Budget 2026–27. Following deliberation and approval by Parliament, the President of Pakistan, under Article 75 of the Constitution of the Islamic Republic of Pakistan, assented to the Bill, which has now become the Finance Act, 2026 and is effective from 1 July 2026.

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Street sees June inflation at 11.68%

Pakistan’s headline inflation for June 2026 is set to ease modestly from May’s reading, according to a consensus of seven brokerage house estimates compiled by Mettis Global, even as base effects keep the year-on-year print elevated in double digits for a third consecutive month.

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KAPCO Investment Analysis: 8 Key Catalysts & Strategic Outlook

Kot Addu Power Company Limited (KAPCO) is at an inflection point driven by eight interlocking catalysts: a reinstated hybrid PPA, an imminent switchyard tariff, a transformational entry into cement via ACPL, a fortress balance sheet generating passive income, a recovering dividend profile, a possible FFC/FF group consolidation bid, credible EPS/dividend estimates for FY26–27, and a credible path to Shariah-compliance.

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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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BUDGET 2026-27 COMMENTARY – PART I

The Federal Budget 2026-27 has been presented with a total outlay of Rs. 18.77 trillion, reflecting the Government's continued focus on fiscal consolidation, macroeconomic stability and compliance with commitments under the IMF programme.

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PSX's May Magic

The KSE-100 Index staged an impressive rally in May 2026, surging 10,969 points, equivalent to a gain of 6.73%, to close the month at 173,963 points.

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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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Name Price/Vol %Chg/NChg
KSE100 178,452.07
130.19M 		1.34%
2357.96
ALLSHR 107,826.92
382.74M 		1.22%
1296.03
KSE30 53,265.69
46.41M 		1.50%
785.47
KMI30 251,259.25
57.20M 		1.64%
4061.19
KMIALLSHR 69,104.45
202.51M 		1.36%
925.91
BKTi 50,903.76
12.69M 		1.16%
584.59
OGTi 34,892.26
3.90M 		1.68%
575.79
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 62,930.00 63,970.00
62,430.00 		-200.00
-0.32%
BRENT CRUDE 83.20 84.55
81.55 		-4.73
-5.38%
RICHARDS BAY COAL MONTHLY 107.75 0.00
0.00 		-0.50
-0.46%
ROTTERDAM COAL MONTHLY 121.60 0.00
0.00 		-0.40
-0.33%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00 		0.00
0.00%
CRUDE OIL - WTI 79.40 81.30
78.78 		-5.27
-6.22%
SUGAR #11 WORLD 14.65 0.00
0.00 		-0.01
-0.07%
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Latest News
August 03, 2026 at 11:28 AM GMT+05:00

PTC, BAFL, KEL, FATIMA enter KSE-30

August 03, 2026 at 11:14 AM GMT+05:00

OMC sales surge 20% MoM in July

Pakistan Stock Movers
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