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PSX Closing Bell: The Show Is Over
The Pakistan Stock Exchange (PSX) ended Friday's session in the red, with the benchmark KSE-100 Index reversing part of the week's gains as investors resorted to profit-taking after the recent rally, while sentiment was further dampened by Pakistan's weaker-than-expected external account data.
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SEARL charts biotech-led future with global expansion plans
Global pharmaceutical industry is projected to grow at a CAGR of ~5-8%, with market size reaching $2.6tr by 2030 from the current $1.78tr, according to management of The Searle Company Limited (SEARL) at the Pakistan Investor Connect Conference organized by Topline Securities.
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NRL eyes early refinery policy to kick off $1.2bn upgrade
National Refinery Limited expects the refinery policy to be finalized at the earliest, as most outstanding issues surrounding it have already been resolved, according to CEO Asad Hasan, who shared the company's operational updates, financial position and future outlook at the Pakistan Investor Connect Conference organized by Topline Securities.
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VIS upgrades APAG's long term entity rating to 'A'
Agro Processors and Atmospheric Gases Limited (APAG) has had its entity Long Term rating upgraded to 'A' (Single A) from 'A-' (Single A Minus) by VIS Credit Rating Company, while the Short Term rating has been maintained at 'A2' (A Two), with a 'Stable' outlook.
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Shifa International receives court approval for SMCI merger
Shifa International Hospitals Limited (PSX: SHFA) revealed that the Islamabad High Court has sanctioned the Scheme of Arrangement for the merger of Shifa Medical Center Islamabad (Pvt.) Limited (SMCI) with and into Shifa International Hospitals Limited (SIHL).
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PSX Announcements
| Company Name | Title | PDF File |
|---|---|---|
| TPL REIT Fund I | 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 REVISED | Click Here |
| Ghani Chemical Industries Limited | ISSUANCE OF NO OBJECTION CERTIFICATE (NOC) FOR THE RELEASE OF RIGHT SHARES SUBSCRIPTION MONEY | Click Here |
| Ghani Global Holdings Limited | Newspaper Cuttings of Notice of Extraordinary (Special) General Meeting (EOGM) - GHANI GLOBAL HOLDINGS LIMITED | Click Here |
| Packages 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 |
| TPL REIT Fund I | 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 REVOKED | Click Here |
Board Meetings
| Company Name | Title | Date |
|---|---|---|
| LSE SPAC-I Limited | Extra-Ordinary General Meeting | Saturday, 18 Jul 2026 |
| Feroze1888 Mills Limited | Extra-Ordinary General Meeting | Monday, 20 Jul 2026 |
| The Pakistan Credit Rating Agency Ltd | Extra-Ordinary General Meeting | Monday, 20 Jul 2026 |
| Sapphire Fibres Limited | Board Meeting Other Than Financial Results | Monday, 20 Jul 2026 |
| LSE SPAC-II Limited | Board Meeting Other Than Financial Results | Tuesday, 21 Jul 2026 |
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Pakistan Stock Movers
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