Equity

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LSE SPAC-II Board recommends Rs180m investment in M.P. Industries

LSE SPAC-II Limited's (PSX:SPAC2) Board of Directors recommended a proposed investment in M.P. Industries Limited (MPIL), approving an investment of approximately Rs180mn through subscription of 269,000 ordinary shares of MPIL at Rs669.14 per share, resulting in SPAC2 holding approximately 15% of the post-issue paid-up share capital of MPIL.

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PSX Closing Bell: Green Surge

The Pakistan Stock Exchange (PSX) closed Monday's session marginally higher, with the benchmark KSE-100 Index gaining nearly 398 points as strong buying in oil & gas marketing, exploration and refinery stocks offset losses in banks, cement and fertilizer sectors.

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SRVI sets August 22 book closure for 10-for-1 stock split

Service Industries Limited (PSX: SRVI) will observe a single-day book closure on Saturday, August 22, 2026, to give effect to the change in the face value of its shares from Rs10 to Rs1.

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Gharibwal Cement halts clinker production after kiln fan damage

Gharibwal Cement Limited (PSX) has temporarily stopped clinker production after the kiln ID fan was damaged during operation.

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SLM FY26 profit crosses Rs13bn

Service Long March Tyres Limited (PSX: SLM) reported a strong 35% increase in its consolidated net profit for the fiscal year ended June 30, 2026, reaching Rs13.50bn compared to Rs10.03bn in the preceding year.

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Agritech restarts urea production after gas supply restoration

Agritech Limited (PSX: AGL) has resumed production at its Urea Plant after Sui Northern Gas Pipelines Limited (SNGPL) restored gas supply, according to the company's statement issued today.

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Avanceon secures $6.3m fuel retail orders

Avanceon Limited (PSX: AVN) has successfully secured $6.3 million worth of orders for its Fuel Retail Business from some of the largest Oil Marketing Companies in Pakistan.

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Tasdeeq's IPO general public subscription sees heavy demand

Tasdeeq Information Services Limited's Initial Public Offering (IPO) received applications for a total of 812,907,000 shares against an issue size of 37,500,000 shares, reflecting an oversubscription of nearly 21.68 times.

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GHNI partners with UD Trucks to enter Pakistan’s CBU truck market

Ghandhara Industries Limited (PSX: GHNI) has entered into a strategic partnership with UD Trucks Corporation, a global truck manufacturer, to market and distribute CBU units of UD Trucks in Pakistan.

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PPL discovers gas from Dolphin X-1 well in Sirani Exploration License, Sindh

Pakistan Petroleum Limited (PSX:PPL), operator of the Sirani Exploration License holding 75% Working Interest (WI), along with Joint Venture Partner Government Holdings (Private) Limited (GHPL) holding 25% WI, made a gas discovery from its exploration well Dolphin X-1, located in District Sujawal, Sindh Province.

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Market Stats
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PSX Announcements
Company Name Title PDF File
Beco Steel 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 Metropolitan Bank Limited Text Notice of Interim Dividend and Book Closure Click Here
LSE SPAC-II Limited Material Information - Decision of the Board Meeting Click Here
Gharibwal Cement Limited Material Information Click Here
Crescent Star Insurance 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
Board Meetings
Company Name Title Date
LSE SPAC-II Limited Board Meeting Other Than Financial Results Monday, 17 Aug 2026
Ansari Sugar Mills Limited Extra-Ordinary General Meeting Monday, 17 Aug 2026
Fecto Cement Limited To Consider the Annual Financial Results for the Year ended June 30, 2026 Monday, 17 Aug 2026
Service Long March Tyres Limited To Consider the Annual Financial Results for the Year ended June 30, 2026 Monday, 17 Aug 2026
Century Insurance Company Limited To Consider the Quarterly Financial Results for the Period ended June 30, 2026 Monday, 17 Aug 2026
Latest News
August 17, 2026 at 08:28 PM GMT+05:00

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Pakistan Stock Movers
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