Equity

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PSX Closing Bell: A Brutal Red Finish

The benchmark KSE-100 Index plunged 2,006.67 points or 1.21% on Thursday to close at 163,924.31, as broad-based selling gripped the market amid rising oil prices and renewed concerns over escalating tensions in the Middle East.

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AKBL 9MCY26 profit accelerates 13%

Askari Bank Limited (PSX: AKBL) reported a 13% surge in its consolidated net profit for the nine-month period ended September 30, 2026 (9MCY26), reaching Rs20.49bn compared to Rs18.20bn in the corresponding period last year.

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MCB Bank 9M profit slips to Rs44bn, declares Rs9 dividend

Consolidated profit after taxation of MCB Bank Limited (PSX: MCB) fell 0.66% year-on-year to Rs44.33bn for the nine months ended September 30, 2026, compared with Rs44.63bn in the same period last year.

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Fast Cables shareholders approve Rs748m IPO funds for working capital

Shareholders have approved the utilization of surplus initial public offering (IPO) proceeds of Rs747.763m towards the working capital requirements of Fast Cables Limited (PSX: FCL).

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TOMCL fully utilizes Rs 810mn right issue proceeds

The Organic Meat Company Limited (PSX:TOMCL) has fully utilized the Rs 810mn raised through its right issue, with no amount left unutilized.

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BAHL 9MCY26 profit drops 9%

Bank AL Habib Limited (PSX: BAHL) reported a 9% decline in its consolidated net profit for the nine months period ended September 30, 2026 (9MCY26), recording Rs24.18bn compared to Rs26.68bn in the corresponding period last year.

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IDRT puts mill production on hold

Idrees Textile Mills Limited (PSX:IDRT) has temporarily suspended production at its mill to facilitate the implementation of special resolutions passed by shareholders at the company’s Extraordinary General Meeting (EOGM) held on June 27, 2026.

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OGDC starts gas, condensate production from Bitrism East-1 well

Oil & Gas Development Company Limited (PSX:OGDC) has brought its Bitrism East-1 exploratory well into production, which is currently yielding 7 MMSCFD of gas and 200 barrels of condensate per day from the Basal Sands.

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Interloop 1QFY27 profit jumps 54% to Rs4bn

Consolidated profit for the period of Interloop Limited (PSX: ILP) rose 54.25% year-on-year to Rs4.23bn for the quarter ended September 30, 2026, compared with Rs2.74bn in the same period last year.

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Macter International 1Q profit falls 34% to Rs96m

Consolidated profit after taxation of Macter International Limited (PSX: MACTER) fell 33.98% year-on-year to Rs95.92m for the quarter ended September 30, 2026, compared with Rs145.29m in the same period last year.

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Market Stats
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PSX Announcements
Company Name Title PDF File
Al-Abbas Sugar Mills Limited BOARD MEETING OTHER THAN FINANCIAL RESULTS Click Here
UDL International Limited Notice of Corporate Briefing Session Click Here
Image Pakistan Limited Board Meeting Click Here
S.G. Power Limited Board Meeting Click Here
Atlas Battery Limited PRESENTATION OF CORPORATE BRIEFING SESSION Click Here
Board Meetings
Company Name Title Date
Thal Limited Annual General Meeting Thursday, 22 Oct 2026
Suraj Cotton Mills Limited Annual General Meeting Thursday, 22 Oct 2026
OLP Financial Services Pakistan Limited Annual General Meeting Thursday, 22 Oct 2026
Habib Bank Limited To Consider the Quarterly Financial Results for the Period ended Sept 30, 2026 Thursday, 22 Oct 2026
Interloop Limited To Consider the Quarterly Financial Results for the Period ended Sept 30, 2026 Thursday, 22 Oct 2026
Latest News
October 22, 2026 at 06:19 PM GMT+05:00

SCRA balance rises by Rs9.7bn during week

October 22, 2026 at 04:54 PM GMT+05:00

Gold price in Pakistan falls Rs3,000 per tola

October 22, 2026 at 04:14 PM GMT+05:00

PKR firms up against USD, KIBOR falls 1bps

October 22, 2026 at 04:12 PM GMT+05:00

PSX Closing Bell: A Brutal Red Finish

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