Equity
Shadab Textile utilizes 79% of Rs250m right issue proceeds
Shadab Textile Mills Limited (PSX: SHDT) has utilized Rs197.59m, or 79.04%, of the Rs250m net proceeds raised through its right issue as at June 30, 2026, as per the company's first quarterly progress report on utilization of right issue proceeds, covering the period from April 13, 2026 to June 30, 2026.
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PSX Closing Bell: Every Rose Has Its Thorn
The Pakistan Stock Exchange (PSX) suffered another sharp selloff on Tuesday, with the benchmark KSE-100 Index ending the session deep in the red as investors continued to dump equities amid escalating geopolitical tensions and a surge in global oil prices.
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Paramount Spinning remain non-operational
Three PSX-listed spinning mills, Paramount Spinning Mills, Gulistan Spinning Mills,and Gulshan Spinning Mills, remain non-operational entities, having gone through a Scheme of Arrangement sanctioned by the Sindh High Court to settle their existing liabilities through the sale of assets.
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National Foods sets up new subsidiary in Sharjah
National Foods Limited's (PSX:NATF) wholly owned subsidiary, National Foods FZCO based in Dubai, has established a further subsidiary named National Foods Gulf (FZE) in Sharjah, UAE, as part of the company's strategy to expand its international business footprint.
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HRPL gets $500,000 interest-free sponsor funding
Habib Rice Products Limited (PSX: HRPL) has approved obtaining an unsecured, interest-free loan of up to $500,000 from its sponsor shareholder, Mr. Gaffar A. Habib, to strengthen the company's liquidity position and meet its working capital requirements.
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KAPCO shareholders approve $47.5m financing for Attock Cement stake
Kot Addu Power Company Limited's members have approved financing facilities and/or debt obligations of up to $47.5 million for the acquisition of shares of Attock Cement Pakistan Limited, along with related security, guarantees, indemnities, charges, mortgages and ancillary financing arrangements.
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PSX Announcements
| Company Name | Title | PDF File |
|---|---|---|
| MCBIM-FUNDS | ALHAMRA ISLAMIC MONEY MARKET FUND (ALHIMMF) Daily Dividend Distribution for 14-JUL-26 | Click Here |
| MCBIM-FUNDS | ALHAMRA DAILY DIVIDEND FUND (ALHDDF) Daily Dividend Distribution for 14-JUL-26 | Click Here |
| Pak Leather Crafts Limited | Website Under Maintenance | Click Here |
| K-Electric Limited | Book Closure of KE SUKUK-5 | Click Here |
| Meezan Pakistan ETF | FMR of Meezan Pakistan Exchange Traded Fund for the month of June 2026 | Click Here |
Board Meetings
| Company Name | Title | Date |
|---|---|---|
| Supernet Technologies Limited | Board Meeting Other Than Financial Results | Wednesday, 15 Jul 2026 |
| Dolmen City REIT | Board Meeting Other Than Financial Results | Wednesday, 15 Jul 2026 |
| Wahdat Poultry Farm Limited | Board Meeting Other Than Financial Results | Wednesday, 15 Jul 2026 |
| The Bank of Khyber | Board Meeting Other Than Financial Results | Thursday, 16 Jul 2026 |
| Lotte Chemical Pakistan Limited | To Consider the Quarterly Financial Results for the Period ended June 30, 2026 | Thursday, 16 Jul 2026 |
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Pakistan Stock Movers
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