Equity

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SECP approves 51% stake transfer in Askari Life to Fauji Foundation

The Securities and Exchange Commission of Pakistan (SECP) has approved the transfer of shareholding in Askari Life Assurance Company Limited (PSX: ALAC) from Army Welfare Trust to Fauji Foundation.

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Quantum Data Technologies settles bank liabilities, to free key industrial asset

Quantum Data Technologies Limited (PSX:QTECH) has settled its outstanding liability with The Bank of Punjab in full, with the bank issuing a No Liability Certificate confirming no amount remains payable.

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Pakistan General Insurance gets SECP nod to launch Window Takaful operations

Pakistan General Insurance Company Limited (PSX:PKGI) has secured regulatory clearance from the Securities and Exchange Commission of Pakistan to operate as a Window Takaful Operator, paving the way for the insurer to roll out Shariah-compliant general takaful products across all classes of non-life insurance business.

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KE industrial consumption surges to record 6bn units in FY26

K-Electric's industrial feeders recorded consumption of 6.08bn units in FY26, the highest ever registered, as Pakistan's GDP growth climbed to 3.7% during the fiscal year, cementing the utility's role in sustaining Karachi's industrial base through uninterrupted power supply.

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Service Industries rolls out new tyre venture

Service Industries Limited (PSX: SRVI) plans to expand its tyre business through the incorporation of a new wholly owned subsidiary by its existing tyre arm, according to a notice submitted to the Pakistan Stock Exchange (PSX) on Friday.

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Sitara Petroleum clarifies no links with Sitara Group of Industries

Sitara Petroleum Service Limited (PSX: SPSL) has clarified that certain media and social media reports currently in circulation relate to companies belonging to the Sitara Group of Industries, including Sitara Energy Limited and Sitara Chemical Industries Limited, and do not pertain to SPSL.

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PSX Closing Bell: A Bitter Finish

The Pakistan Stock Exchange (PSX) extended its losing streak on Thursday, with the benchmark KSE-100 Index coming under heavy selling pressure amid escalating geopolitical tensions and a sharp rise in global oil prices.

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WAVESAPP to raise Rs1.5bn via 56% right issue

Waves Home Appliances Limited (PSX: WAVESAPP) will raise its paid-up capital by issuing 150,015,772 right shares, its Board of Directors decided at a meeting held on 23 July 2026.

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AIRLINK to launch electric bike manufacturing under "AirV" brand

Air Link Communication Limited (PSX:AIRLINK) is to establish an electric bike manufacturing project under its own brand, AirV, after the Company's Board of Directors approved the initiative.

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Nestlé Pakistan profit slips 4%, declares Rs213 interim dividend

Nestlé Pakistan Limited (PSX: NESTLE) reported a 4% decline in its net profit for the six months ended June 30, 2026, with profit after taxation slipping to Rs9.98bn from Rs10.42bn in the corresponding period last year.

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Market Stats
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PSX Announcements
Company Name Title PDF File
Macter International 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
Askari General Insurance Company Limited Material Information - Transfer of 51% Shares - SECP Approval Letter Click Here
Pakistan PVC Limited Material Information Click Here
Orient Rental Mod Board Meeting Other Than Financial Results Click Here
The Searle Company Limited Board Meeting Other Than Financial Results Click Here
Board Meetings
Company Name Title Date
Waves Corporation Limited Board Meeting Other Than Financial Results Friday, 24 Jul 2026
The Organic Meat Company Limited Board Meeting Other Than Financial Results Friday, 24 Jul 2026
The Thal Industries Corporation Limited To Consider the Quarterly Financial Results for the Period ended June 30, 2026 Saturday, 25 Jul 2026
Baba Farid Sugar Mills Limited To Consider the Quarterly Financial Results for the Period ended June 30, 2026 Saturday, 25 Jul 2026
Shahmurad Sugar Mills Limited To Consider the Quarterly Financial Results for the Period ended June 30, 2026 Monday, 27 Jul 2026
Latest News
July 24, 2026 at 03:45 PM GMT+05:00

PKR extends gains, settles at 277.87 against USD

Pakistan Stock Movers
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