PQFTL IPO off to a flying start, oversubscribed on first day

Pak-Qatar Family Takaful Limited (PQFTL) saw its initial public offering (IPO) oversubscribed on the very first day of book building, which signaled a strong investor interest in the company’s growth prospects.

PQFTL projects strong growth, eyes Rs23

Pak-Qatar Family Takaful Limited (PQFTL) shares are projected to reach Rs23 per share by December 2026, a strong growth prospects for the company in Pakistan’s takaful sector.

Fresh amendments filed in Bawany Air Products acquisition move

Bawany Air Products Limited has received an additional corrigendum to the Public Announcement of Intention (PAI) with further amendments made to the earlier PAI relating to the proposed acquisition of 98.76% shareholding and control by Mohabbat Khan and others acting in concert.

PSX Closing Bell: Bears Take the Wheel

The benchmark KSE-100 Index concluded Thursday's trading session at 168,574.69, showing a decrease of 877.17 points or 0.52%.

Ashfaq Textile cuts production by 85 looms

Ashfaq Textile Mills Limited (PSX: ASHT) is suspending operations of 85 Sulzer looms out of its total capacity of 243 looms due to unfavorable market conditions in the textile sector.

NTC extends anti-dumping duties on aluminium cans

Liven Pharma signs toll manufacturing agreement with Wimits

Liven Pharma Limited has entered into an official toll manufacturing agreement with Wimits, according to a disclosure submitted to the Pakistan Stock Exchange (PSX).

Sazgar produces 1,357 four-wheelers, 1,742 three-wheelers in November 2025

Sazgar Engineering Works Limited (PSX: SAZEW) produced 1,357 units and recorded sales of 1,109 units for its four-wheelers, including off-road and passenger vehicles, during November 2025.

PPL discovers oil and gas from Baragzai X-01 well in Nashpa Block

Pakistan Petroleum Limited (PSX: PPL) has reported a significant oil and gas discovery from the exploratory well Baragzai X-01 (Slant) in the Nashpa Block, located in the district Kohat, Khyber Pakhtunkhwa.

PQFTL targets Rs1.1bn through IPO, book building opens today

Pak-Qatar Family Takaful Limited’s (PQFTL) IPO book-building will open today, December 11, continuing through December 12, with institutional and high-net-worth investors set to bid for the full 100% issue size.