Equity
MSCI snubs Biafo, bets on Air Link in frontier reshuffle
Pakistan has seen a single change to its weighting in MSCI's frontier market universe in the index provider's latest semi-annual review, with Air Link Communication Limited earning a spot in the MSCI Pakistan Small Cap Index while Biafo Industries Limited has been dropped, according to an MSCI announcement dated August 12, 2026.
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TPL Life, Mobilink Bank expand takaful partnership
TPLTPL Life Insurance Limited (PSX: TPLL) has expanded its strategic partnership with Mobilink Microfinance Bank Limited (Mobilink Bank) through an agreement aimed at introducing Unit-Linked Takaful Plans and facilitating the conversion of existing insurance products into Shariah-compliant solutions.
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HTL acquires land in Sindh for OMC segment expansion
Hi-Tech Lubricants Limited (PSX:HTL) has completed the acquisition of approximately 8.7 acres of land at Daulatpur, District Shaheed Benazirabad (Nawabshah), Sindh, for the proposed development and operation of an oil storage depot under the company's Oil Marketing Company (OMC) segment.
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WAHDAT acquires land in Sargodha for pasteurization plant
Wahdat Poultry Farm Limited (PSX:WAHDAT) has acquired 1.02 acres of land in the Bhalwal Industrial Estate, District Sargodha, for the establishment of its proposed pasteurization plant, funded through proceeds of the company's Initial Public Offering (IPO) at a total cost of Rs28.13m.
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Market Stats
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PSX Announcements
| Company Name | Title | PDF File |
|---|---|---|
| Service Industries Limited | Appointment of Chief Executive Officer | Click Here |
| Service Industries Limited | Appointment of Chairman | Click Here |
| Pakistan Refinery Limited | Financial Results for the Year Ended June 30, 2026 | Click Here |
| Ghandhara Tyre & Rubber Company Limited | Board Meeting | Click Here |
| Engro Powergen Qadirpur Limited | General Meetings / Briefing Sessions | Click Here |
Board Meetings
| Company Name | Title | Date |
|---|---|---|
| Pakistan Refinery Limited | To Consider the Annual Financial Results for the Year ended June 30, 2026 | Thursday, 13 Aug 2026 |
| JS Global Capital Limited | To Consider the Quarterly Financial Results for the Period ended June 30, 2026 | Thursday, 13 Aug 2026 |
| Pakistan National Shipping Corporation | Board Meeting Other Than Financial Results | Thursday, 13 Aug 2026 |
| Service Industries Limited | Board Meeting Other Than Financial Results | Thursday, 13 Aug 2026 |
| PIA Holding Company Limited | To Consider the Annual Financial Results for the Year ended Dec 31, 2025 | Thursday, 13 Aug 2026 |
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Pakistan Stock Movers
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