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Equity

SLM Tyres public subscription oversubscribed 7.6x

Service Long March Tyres Limited's initial public offering received 33,190 applications for a total of 739,171,500 ordinary shares, against an issue size of 97,434,510 shares.

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GHNI target price raised to Rs1,393 on strong CV demand

Ghandhara Industries Limited (GHNI) has seen its valuation outlook strengthened as improving commercial vehicle demand and better-than-expected sales performance prompted an upward revision in earnings estimates and target price.

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ITANZ Technologies approves over Rs4bn investment

ITANZ Technologies Limited's board has approved an investment of up to AUD21.86 million (approximately Rs4.34 billion) to acquire a 51% stake in Australia-based ITANZ Infinity Pty Limited.

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Weekly Market Roundup

Pakistan’s equity market witnessed a correction during the week ended June 5, 2026, with the benchmark KSE-100 Index closing at 170,478.94, compared to 173,962.82 recorded on May 29, 2026.

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PSX Closing Bell: A Quiet Exit for Bulls

The benchmark KSE-100 Index extended its decline on Friday, closing at 170,478.94, down by 696.56 points or 0.41%, as investors opted for profit-taking in heavyweight banking and energy stocks despite positive activity in selected sectors.

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NCCPL revises CGT, Super Tax computation mechanism

The National Clearing Company of Pakistan Limited (NCCPL) has revised the mechanism for the computation and collection of Capital Gain Tax (CGT) and Super Tax (ST) for the tax year 2026.

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Telecard to invest over Rs564m in planned rights issue

Telecard Limited (PSX: TELE)'s Board of Directors has approved a proposal to invest up to Rs564.12 million in a potential rights issue of its subsidiary, Supernet Technologies Limited (STL), subject to shareholder approval.

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Engro, Baidu to explore AI capabilities, ecosystem development

Engro, a diversified conglomerate with a growing focus on digital infrastructure and technology-enabled solutions, has entered into a Memorandum of Understanding (MoU) with Baidu Inc. to explore opportunities for collaboration in advancing AI capabilities across the region.

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PSX recomposes MII30, JSMFI

The Pakistan Stock Exchange (PSX) has executed a major rebalancing of two of its prominent tracking indices, the Mahaana Islamic Index (MII30) and the JS Momentum Factor Index (JSMFI).

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PSX Closing Bell: Green Glory

The benchmark KSE-100 Index rebounded on Thursday, closing at 171,175.50, up by 984.86 points or 0.58%, as improving macroeconomic indicators and easing geopolitical concerns boosted investor confidence.

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Market Stats

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PSX Announcements

Company Name	Title	PDF File
Bawany Air Products Limited	Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations	Click Here
Habib Bank Limited	Board Meeting Other Than Financial Results	Click Here
HBLTFC2	Notice of Book Closure for Twenty Seventh Profit Payment of Habib Bank Limited ADT 1 TFC 2019 HBLTFC2	Click Here
Arif Habib Limited	Public Subscription Figures of Initial Public Offering of Service Long March Tyres Limited	Click Here
Indus Dyeing & Manufacturing Co. Limited	Notice Under Section 159 (4)	Click Here

Board Meetings

Company Name	Title	Date
Crescent Star Insurance Limited	Extra-Ordinary General Meeting	Monday, 08 Jun 2026
First Punjab Modaraba	To Consider the Annual Financial Results for the Year ended Dec 31, 2025	Monday, 08 Jun 2026
LSE Financial Services Limited	Extra-Ordinary General Meeting	Tuesday, 09 Jun 2026
Cherat Cement Company Limited	Extra-Ordinary General Meeting	Tuesday, 09 Jun 2026
First Punjab Modaraba	To Consider the Quarterly Financial Results for the period ended Mar 31, 2026	Tuesday, 09 Jun 2026

Latest News

June 08, 2026 at 12:04 PM GMT+05:00

SLM Tyres public subscription oversubscribed 7.6x

June 08, 2026 at 11:37 AM GMT+05:00

NEC session delayed again, rescheduled for June 9

June 08, 2026 at 11:13 AM GMT+05:00

GHNI target price raised to Rs1,393 on strong CV demand

June 08, 2026 at 11:10 AM GMT+05:00

Fitch expects oil price spike to fade

June 08, 2026 at 10:45 AM GMT+05:00

Fitch cuts global growth forecast to 2.4%

Pakistan Stock Movers

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