Equity

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PSX Closing Bell: Bulls Run Out of Answers

The Pakistan Stock Exchange (PSX) closed Wednesday's session lower, with the benchmark KSE-100 Index coming under pressure as broad-based selling dominated the market amid renewed geopolitical tensions between the United States and Iran.

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SLCL makes further progress in creditor settlements amid restructuring drive

Security Leasing Corporation Ltd (PSX:SLCL) has made further headway in its restructuring and revival plan, settling with several creditors while negotiations with others near completion.

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Suhail Jute Mills revives asset sale plan, sets EOGM

Suhail Jute Mills Limited (PSX: SUHJ) renewed efforts to dispose of its unutilized assets to settle outstanding obligations to creditors, including institutions that have secured decrees from the courts, according to the company's progress report for the quarter ended June 30, 2026.

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Sakrand Sugar completes 25% stake transfer under revival plan

Sakrand Sugar Mills Limited (PSX: SKRS) has completed the transfer of a 25% equity stake to incoming investors, marking a key milestone in the implementation of its board-approved Revival Plan.

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UBL approves Rs40bn for Agriculture, KMBL, University

United Bank Limited (PSX: UBL) has approved investments and contributions totaling up to Rs40 billion for an agriculture subsidiary, Khushhali Microfinance Bank Limited (KMBL), and the establishment of a non-profit university.

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UBL posts 33% profit, declares Rs16 dividend

United Bank Limited (PSX: UBL) recorded a robust 33% increase in its net profit for the half year ended June 30, 2026, with profit after taxation climbing to Rs85.91bn from Rs64.73bn in the corresponding period last year.

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PACRA upgrades Askari Bank's long-term rating to AAA

The Pakistan Credit Rating Agency (PACRA) has upgraded the long-term entity rating of Askari Bank Limited (PSX:AKBL) to AAA from AA+, while maintaining the short-term rating at A1+ with a stable outlook.

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IPAK unit approves Rs1.4bn metallizer investment

International Packaging Films Limited's (PSX: IPAK) wholly owned subsidiary Global Packaging Films (Private) Limited (GPAK) has approved the acquisition of a state-of-the-art metallizer at an estimated project cost of approximately Rs1.4bn.

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SCL extends share buy-back window for shareholders

Shield Corporation Limited (PSX:SCL) has extended the buy-back period for the purchase of shares from its remaining shareholders to July 16, 2027, at a price of Rs750 per share, as part of the company's voluntary delisting from the Pakistan Stock Exchange (PSX).

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PSX Closing Bell: Bulls Hold the Winning Hand

The Pakistan Stock Exchange (PSX) closed Tuesday's session slightly higher, with the benchmark KSE-100 Index extending its gains as selective buying in heavyweight banking and cement stocks helped offset selling pressure in oil, fertilizer, and refinery shares.

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Market Stats
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PSX Announcements
Company Name Title PDF File
Murree Brewery Company Limited CERTIFIED COPY OF RESOLUTIONS PASSED IN THE EXTRAORDINARY GENERAL MEETING HELD ON JULY 22, 2026. Click Here
K-Electric Limited Board Meeting Other Than Financial Results Click Here
Sindh Abadgars Sugar Mills Limited Board Meeting Click Here
Cherat Packaging Limited Intimation of Shareholding Click Here
Kohinoor Energy Limited Board Meeting Other Than Financial Results Click Here
Board Meetings
Company Name Title Date
Nestle Pakistan Limited To Consider the Quarterly Financial Results for the Period ended June 30, 2026 Thursday, 23 Jul 2026
Faran Sugar Mills Limited To Consider the Quarterly Financial Results for the Period ended June 30, 2026 Thursday, 23 Jul 2026
Waves Home Appliances Limited Board Meeting Other Than Financial Results Thursday, 23 Jul 2026
Air Link Communication Limited Board Meeting Other Than Financial Results Thursday, 23 Jul 2026
Waves Corporation Limited Board Meeting Other Than Financial Results Friday, 24 Jul 2026
Latest News
July 22, 2026 at 04:01 PM GMT+05:00

PKR closes firmer against USD

Pakistan Stock Movers
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