Author Name : MG News
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Pak-Iran health ties get new push
Pakistan and Iran have agreed to form a high-level joint committee of health experts from both countries to identify collaborative projects and explore new areas of cooperation in the health sector, with a focus on pharmaceuticals, vaccine manufacturing and other medical fields.
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Supreme Court upholds prior property rights
The Supreme Court of Pakistan has ruled that a subsequent purchaser of property cannot claim legal protection unless they are able to prove good faith, proper due diligence, and lack of knowledge regarding any prior agreement related to the property.
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PKR extends winning streak against USD
The Pakistani rupee continued its upward momentum against the US dollar on Tuesday, marking another session of gains in the interbank market as the local currency settled at PKR 278.66 per USD, a gain of 1.15 paisa over the previous close of 278.67.
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Finance Minister backs textile industry's push for growth oriented Budget
Pakistan's textile and apparel industry has presented a comprehensive set of proposals for the Federal Budget 2026–27, calling for sweeping reforms in taxation, energy pricing, export facilitation, liquidity management and industrial modernization to strengthen the sector's global competitiveness and long-term growth.
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Car sales rise 2x in April 2026
The sales of cars, including LCVs, vans, and jeeps, in Pakistan increased by 106.9% in April 2026, clocking in at 22,015 units compared to 10,640 units recorded in the same month of last year, the latest data from the Pakistan Automotive Manufacturers Association (PAMA) showed today.
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B.R.R. Guardian Limited receives High Court sanction for merger with BRR Financial Services
B.R.R. Guardian Limited (PSX:BRRG) has secured approval from the High Court of Sindh, Karachi, for its Scheme of Arrangement with BRR Financial Services (Private) Limited, marking a significant corporate restructuring milestone for the company.
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Pakistan's economy shows strong gains in 1HFY26, but war risks loom large
Pakistan's macroeconomic conditions improved significantly in the first half of fiscal year 2026, with inflation easing to a 5.2% average, external buffers strengthening on the back of SBP's foreign exchange purchases and net financial inflows, and real GDP growth running at twice the pace of the same period last year, the State Bank of Pakistan said in its Half Year Report.
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PMEX acquires majority stake in Naymat
Pakistan Mercantile Exchange Limited (PMEX) has acquired a majority shareholding in Naymat Collateral Management Company Limited (NCMCL) as part of its strategy to strengthen Pakistan’s commodity market infrastructure and support the development of regulated agricultural trading systems.
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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 | 168,916.22 424.80M | -0.93% -1590.09 |
| ALLSHR | 101,593.67 1,014.96M | -0.98% -1004.32 |
| KSE30 | 50,530.75 88.22M | -0.96% -490.27 |
| KMI30 | 242,598.23 241.53M | -0.87% -2138.05 |
| KMIALLSHR | 66,124.88 539.33M | -0.97% -645.97 |
| BKTi | 46,429.00 30.87M | -0.95% -445.09 |
| OGTi | 35,481.82 11.72M | -0.39% -139.44 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 80,950.00 | 82,215.00 80,520.00 | -1235.00 -1.50% |
| BRENT CRUDE | 107.79 | 108.32 104.23 | 3.58 3.44% |
| RICHARDS BAY COAL MONTHLY | 110.00 | 0.00 0.00 | -6.75 -5.78% |
| ROTTERDAM COAL MONTHLY | 110.00 | 110.05 110.00 | 0.15 0.14% |
| USD RBD PALM OLEIN | 1,191.50 | 1,191.50 1,191.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 101.85 | 102.18 98.00 | 3.78 3.85% |
| SUGAR #11 WORLD | 14.88 | 15.22 14.81 | -0.03 -0.20% |
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Pakistan Stock Movers
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