Author Name : MG News
Govt plans sweeping cuts in auto import duties
The government is preparing to slash import duties and taxes on vehicles across various engine categories under a new five-year Auto Industry Development Policy, in a move aimed at opening up the automotive sector, boosting competition and making vehicles more affordable for consumers.
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Imported phones under $200 may get tax relief
The government has signalled a possible reduction in taxes and duties on imported mobile phones valued at up to $200, as lawmakers turned up the heat on authorities to provide relief to consumers during a meeting of the National Assembly Standing Committee on Finance.
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Pakistan's first financial DRC moves closer to reality
Pakistan's financial regulatory landscape edged closer to a significant milestone as the Securities and Exchange Commission of Pakistan (SECP) advanced plans to establish the country's first dedicated Financial Services Dispute Resolution Centre (DRC).
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Govt slashes petrol price by Rs74/litre, HSD by Rs67
The government on Friday declared a steep reduction in petroleum product prices, with petrol price cut by Rs74 per litre and high-speed diesel (HSD) by Rs67 per litre, as it moved to pass on the benefits of falling international oil prices to consumers.
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PSX Closing Bell: Red Avalanche
The Pakistan Stock Exchange (PSX) witnessed a sharp sell-off on Friday as investors turned cautious amid renewed geopolitical uncertainty and profit-taking in heavyweight sectors, pushing the benchmark KSE-100 Index down by 2,475.46 points, or 1.36%, to close at 178,922.75.
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CCoSOEs greenlights PNSC board restructuring, PSO agreement
The Cabinet Committee on State-Owned Enterprises Cabinet Committee on State-Owned Enterprises approved a series of governance and board-related decisions on state entities during a meeting held at the Finance Division under the chairmanship of Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb.
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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 | 178,922.76 458.03M | -1.36% -2475.46 |
| ALLSHR | 107,850.27 1,038.22M | -1.24% -1356.82 |
| KSE30 | 53,308.95 263.66M | -1.46% -789.54 |
| KMI30 | 255,193.17 241.09M | -1.46% -3789.62 |
| KMIALLSHR | 69,955.81 579.69M | -1.31% -930.18 |
| BKTi | 48,839.93 52.13M | -1.20% -593.67 |
| OGTi | 36,450.04 22.36M | -1.87% -693.83 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 64,475.00 | 64,825.00 62,315.00 | 1530.00 2.43% |
| BRENT CRUDE | 79.36 | 82.30 79.27 | -1.21 -1.50% |
| RICHARDS BAY COAL MONTHLY | 115.00 | 0.00 0.00 | 0.00 0.00% |
| ROTTERDAM COAL MONTHLY | 125.50 | 0.00 0.00 | -0.65 -0.52% |
| USD RBD PALM OLEIN | 1,157.50 | 1,157.50 1,157.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 75.61 | 78.14 74.98 | -0.24 -0.32% |
| SUGAR #11 WORLD | 14.14 | 0.00 0.00 | 0.01 0.07% |
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Pakistan Stock Movers
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