Dost Steels secures Rs2bn investment under loan restructuring plan

Dost Steels Limited (PSX: DSL) has signed a major restructuring agreement with its consortium of banks that could pave the way for financial recovery and operational revival, according to the company's latest quarterly Progress Report.

Pak Qatar Takaful upgraded to ‘A+’ IFS on strong underwriting, sharia governance

VIS Credit Rating Company Ltd. (VIS) has upgraded the Insurer Financial Strength (IFS) rating of Pak Qatar General Takaful Limited (PQGTL) to “A+ (IFS)” from “A (IFS)”, with a stable outlook, according to the latest press release issued by the rating agency.

SSGC Board approves LPG, NGL deal with JJVL

The Board of Directors of Sui Southern Gas Company Limited (PSX: SSGC) has approved the initial agreement with Jamshoro Joint Venture Limited (JJVL) for the extraction of Liquefied Petroleum Gas (LPG) and Natural Gas Liquids (NGL), the company said in a notice.

PNSC says shipping reform plan still in early stages

The Pakistan National Shipping Corporation (PSX: PNSC) has clarified that the reform plan referenced in a recent news article is at a preliminary stage and is currently under consideration by the Federal Government, with no formal directives issued as of yet.

KTML Board proposes share sub-division to Rs2 face value

The Board of Directors of Kohinoor Textile Mills Limited (PSX: KTML) has recommended a sub-division of its ordinary shares, proposing a reduction in the face value from Rs10 to Rs2 per share.

SLCL signals revival with credit settlements underway

Security Leasing Corporation Limited (PSX: SLCL) has shared a promising update on its ongoing restructuring and revival strategy, which is a potential turnaround for the company after months of financial uncertainty.

Fateh Sports Wear looks to resume operations soon

Fateh Sports Wear Limited (PSX: FSWL) has reported active efforts to resume its operational activities amid pending financial constraints.

UBL branches now open on Sundays

United Bank Limited (UBL) has revealed a significant expansion in its customer service hours by opening select branches on Sundays.

TRG case files stolen en route to Islamabad

The Supreme Court’s Karachi Registry has issued an office memo stating that case files related to The Resource Group International Limited vs. Muhammad Ziaullah Khan Chishti and others were stolen while being transferred to the Principal Seat in Islamabad.

MTL expected to climb to Rs650/share by Dec 2025

Millat Tractors Ltd (PSX: MTL) is well-positioned to offer an upside potential of 14%, with a target price of Rs650/share by December 2025, driven by a pick-up in demand and earnings.

JSCL gets SECP Nod for subsidiary merger

Jahangir Siddiqui & Co. Ltd. (PSX: JSCL) has disclosed that the Securities and Exchange Commission of Pakistan (SECP), through its letter dated July 15, 2025, has approved the merger of its wholly owned subsidiaries.

Bawany Air Products begins operations, receives auditor Nod

Bawany Air Products Limited (PSX: BAPL) has received an auditor certificate confirming that the company has commenced operations in accordance with its principal line of business.

Decline in rubber prices set to boost margins of PSX's Tyre makers

International rubber prices have plunged by 22% from their recent peak of US$2.21/kg in September 2024 to an average of $1.66/kg in July 2025, positioning Pakistan’s listed auto parts sector, particularly tyre manufacturers, to outperform in the near term.

KAPCO shareholders approve Rs800m Gas Turbine sale

Kot Addu Power Company Limited (KAPCO) has secured shareholder approval to dispose of a portion of its plant and machinery, comprising Lot-1 gas turbines (GT-3 and GT-4) along with associated parts and components.

PTCL hit by Supreme Court ruling on pension liabilities

The Supreme Court of Pakistan has dismissed Pakistan Telecommunication Company Limited (PTCL)'s review petition regarding pensionary benefits.

PACRA maintains ratings of Nimir Resins Ltd with stable outlook

The Pakistan Credit Rating Agency Ltd (PACRA) has maintained the entity ratings of Nimir Resins Ltd (PSX: NRL) at “A-” for the long term and “A2” for the short term, with a stable outlook, according to the latest press release issued by the rating agency.

PACRA maintains entity ratings of NIMIR Industrial Chemicals Ltd

Pakistan Credit Rating Agency Limited (PACRA) has maintained entity ratings of NIMIR Industrial Chemicals Limited (PSX: NICL) at "A+" for long term and "A1" for short term with a stable outlook forecast, latest press release issued by PACRA showed.

SYS set for 71% profit surge on global tailwinds

Riding high on strong demand from the Middle East and North American markets, Systems Ltd (SYS) is poised to deliver a notable year-on-year net profit growth of 71%, with earnings in 2QCY25 expected to hit Rs2.9 billion and EPS of Rs1.9, a sharp rise from Rs1.7bn and EPS Rs1.1 in the same quarter last year, according to a Earning Preview published by AKD Securities.

PACRA maintains entity ratings of Pak Elektron Ltd

Pakistan Credit Rating Agency Limited (PACRA) has maintained entity ratings of Pak Elektron Limited (PSX: PAEL) at "A+" for the long term and "A1" for the short term with a stable outlook forecast, a latest press release issued by PACRA showed.

Zarea Board approves UAE subsidiary incorporation

The Board of Directors of Zarea Limited (PSX: ZAL) has approved the incorporation of a wholly-owned subsidiary in the United Arab Emirates (UAE) under the name ZAREA COMMERCE FZCO.

ATRL to reach Rs1,136/share by Jun 2026

Arif Habib Limited has placed a bold bet on Attock Refinery Limited (PSX: ATRL), initiating coverage with a “BUY” call and a June 2026 target price of Rs1,136/share, implying a hefty 69% upside from its current price of Rs672/share.

Bestway Cement delivers strong 73% profit growth

Bestway Cement Limited (PSX: BWCL) posted a profit after tax of Rs23.86 billion [EPS: Rs40.02] for the year ended June 30, 2025, reflecting a strong 73.32% increase compared to Rs13.77bn [EPS: Rs23.09] reported in the previous year.

Fast Cables certified by TAQA for global projects

Fast Cables Limited (PSX: FCL) has declared that it has been certified as an approved vendor by the Abu Dhabi National Energy Company (TAQA).

VIS reaffirms entity ratings of At-Tahur Ltd

VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of At-Tahur Limited (PSX: PREMA) at ‘A-/A2’ (Single A Minus/A Two).

OGDC leads State-Owned firms in H1 FY25 profits

The Oil and Gas Development Company Limited (PSX: OGDC) emerged as the top profit-making State-Owned Enterprise (SOE) during July–December 2024

IHC suspends earlier ruling against TRG Pakistan

In a significant development, the Islamabad High Court (IHC) has suspended the operation of its earlier judgment in Writ Petition No. 2337 of 2025, providing interim relief to TRG Pakistan Limited (PSX: TRG) amid ongoing legal proceedings.

Dewan Cement installs 6 MW solar energy system

Dewan Cement Limited (PSX: DCL) has successfully installed a 6 MW solar renewable energy system at its manufacturing facility located in the South region

Indus Motor Company

Chaos, Conviction, and Opportunity: A Deep Dive into Indus Motor’s Stock Decline and Future Outlook

MG official urges industry to rethink pricing, real benefits for consumers

As Pakistan unveils its long-awaited New Energy Vehicle (NEV) Policy 2025–30, aimed at reducing emissions and fuel dependence, voices from within the auto industry are calling for a shift in how new technologies are priced and positioned in the market.

Lucky Core Industries set for 5:1 stock split

The Pakistan Stock Exchange (PSX) has notified market participants of a change in the face value of Lucky Core Industries Limited (PSX: LCI) shares from PKR 10 to PKR 2, effectively implementing a 5:1 stock split.

PSX Closing Bell: Bulls Serenade The Bourse

The benchmark KSE-100 Index concluded Friday's trading session at 134,299.76, showing an increase of 517.42 points or 0.39%.

Bolan Castings to resume production on July 14

Bolan Castings Limited (PSX: BCL) will resume production operations from July 14, 2025, amid positive developments in the tractor market that have begun to restore demand for its products.

Mari Energies picks up stakes in three OPI blocks to boost local E&P

Mari Energies Ltd. (PSX: MARI) has signed farm-out agreements with Orient Petroleum Inc. (OPI) to acquire working interests in three oil and gas assets across Pakistan to deepen its footprint in the country’s onshore exploration sector.

PSX Closing Bell: El Toro

The Pakistan Stock Exchange (PSX)'s benchmark KSE-100 Index climbed 1,205 points, or 0.91%, to close at 133,782.34 on Thursday, buoyed by robust investor confidence following a historic surge in workers’ remittances.

Beco Steel makes export debut with Copper Ingots to Hong Kong

Beco Steel Limited (PSX: BECO) has officially entered the global export arena, dispatching its first international consignment of copper ingots to Hong Kong, China.

TRG: No More Bars on Holding AGM

Through an exchange notice today, TRG Pakistan has informed the Members that Jahangir Siddiqui & Co. Ltd., the main shareholder leading the aggrieved shareholders against the Management, has unconditionally withdrawn Civil Suit No. 1898 of 2025.

Dewan Farooque Motors begins production of longer-range EVs for eco-green motors

Dewan Farooque Motors Limited (PSX: DFML) has commenced manufacturing and assembly of electric vehicles with an extended range of 300 kilometers under its toll manufacturing agreement with Eco-Green Motors Limited (EGML), the company announced in a notice to the Pakistan Stock Exchange on Thursday.

Legal clouds clear as Jahangir Siddiqui drops suit against TRG Pakistan

TRG Pakistan Ltd. has disclosed that Jahangir Siddiqui & Company Limited has unconditionally withdrawn Civil Suit No. 1898 of 2025, previously filed under Suit No. 1599 of 2022.

Kohat Cement expands into Real Estate with Rs750m subsidiary investment

Kohat Cement Company Limited (PSX: KOHC) is venturing into Pakistan’s real estate sector with the formation of a wholly-owned subsidiary, Ultra Properties (Private) Limited.

786 Investments receives SECP approval for license renewal

786 Investments Limited (PSX: 786) has secured a three-year renewal of its licenses to provide Asset Management and Investment Advisory services.

UBL crowned top performing Primary Dealer in FY25

United Bank Limited (PSX: UBL) is riding high on success after being named the Top Performing Primary Dealer for the fiscal year 2024–25, a title awarded by the State Bank of Pakistan’s Domestic Market & Monetary Management Department through its latest circular.

Image Pakistan plans acquisition of UK luxury brand

Image Pakistan Limited (PSX: IMAGE) disclosed plans to acquire M/s. Elegantes London (Holdings) Limited, a Harrods-listed ultra-luxury fragrance and wellness brand

From Simple Gains to Exponential Growth in Stock Investing

Compounding is the eighth wonder of the world. He who understands it, earns it... he who doesn’t, pays it

KSE-100 to reach 168k by FY26

Pakistan’s equity market is gearing up for another powerful run as the benchmark KSE-100 Index projected to soar to 168,000 points by the end of FY26, representing a healthy 27.4% upside from its level of 131,949 (closing as of July 4, 2025).

SBP's PSPC completes merger of National Security Printing Company

Pakistan Security Printing Corporation (Private) Limited (PSPC), a wholly owned subsidiary of the State Bank of Pakistan, has completed the amalgamation of National Security Printing Company (Private) Limited (NSPC) with itself, effective July 1, 2025.

NBP leads Pakistan’s banks in shareholder value surge

National Bank of Pakistan (PSX: NBP) has emerged as the undisputed leader among listed banks in creating shareholder value, delivering a staggering 74.1% total return to shareholders in the first half of 2025, outpacing peers by a wide margin.

OGDC boosts Rajian-05 output nearly 4x after ESP installation

Oil and Gas Development Company Limited (PSX: OGDC) has completed the installation of Electrical Submersible Pump (ESP) at Rajian-05, resulting in a significant improvement in production, the Company's filing on PSX revealed today.

Mari Energies braces for earnings hit on RLNG glut

Mari Energies Ltd. (PSX: MARI) is staring at a steep earnings cut as Topline Securities slashed its FY25-27 profit forecasts by 31-42% on lower oil prices and a drop in production volumes due to surplus RLNG in Pakistan’s system.

Urea sales likely up 20% in June

Fertilizer industry is estimated to have posted a 20% YpY recovery in Urea off-take for June 2025, reaching 580,000 tons, amid seasonal Kharif demand, improved irrigation conditions, and increased agri-financing.

TRG in Supreme Court

Through an Exchange Notice today, TRG Pakistan has informed the Members that the Management believes that the Order, passed by Islamabad High Court to conduct Election of Directors, “has several shortcomings and irregularities.”

PSX Closing Bell: Singin’ in the Rain

The benchmark KSE-100 Index concluded Friday's trading session at 131,949.06, showing an increase of 1,262.41 points or 0.97%.

Sindh High Court halts BELA takeover amid shareholder dispute

The Sindh High Court (SHC) has ordered all parties to maintain the current status quo in a legal dispute involving BELA Automotives Limited and one of its shareholders, pending further proceedings.

SNGP says recent payments from Power Division are routine bills

Sui Northern Gas Pipelines Limited (PSX: SNGP) on Friday clarified that recent payments received from the Power Division were part of its regular billing cycle, dismissing speculation on social media linking them to circular debt settlements.

SAZEW sales race ahead in June

PIA Investment receives $11m after 28-year arbitration saga

In a long-awaited resolution, PIA Investment Ltd has received $11 million in compliance with an arbitration award rendered in its favour 13 years ago, according to Pakistan’s Defence Minister Khawaja Asif.

PSX in June: La Vie En Rose

June proved to be another remarkable month for local equities, with the benchmark index climbing to an all-time high close of 125,627.31, up 5,936 points or 4.96% over May. Positive economic indicators and a balanced budget for FY26 underpinned the rally, despite mid-month volatility triggered by geopolitical tensions.

MARI completes tax recovery on 800% bonus shares following court order

Mari Energies Limited has successfully concluded the tax recovery process linked to its issuance of 800% bonus shares, acting in compliance with the directives of the Honourable Islamabad High Court under the Income Tax Ordinance, 2001.

PSX to roll out KSE100PR on June 30

The Pakistan Stock Exchange Limited (PSX) is introducing a price return variant of the KSE100 index, namely the KSE 100 Price Return Index (KSE100PR), effective from Monday, June 30, 2025.

TRG on Thin Ice

It never rains but it pours for TRG Pakistan. Just days after TRG Pakistan found itself at the center of an adverse courtroom verdict rattling investors’ and Management’s confidence, its Management walked a tightrope of words, choosing each response cautiously during a scheduled Analyst Briefing yesterday.

PSX Closing Bell: Red Ink Everywhere

The benchmark KSE-100 Index concluded Monday's trading session at 116,167.47, showing a decrease of 3,855.76 points or 3.21%.

Weekly Market Roundup

On the back of escalating geopolitical tensions, the Pakistan Stock Exchange endured a dismal week, erasing early gains from Monday’s Monetary Policy Statement, which held the policy rate steady.

PSX Closing Bell: Inch by Inch to Glory

The benchmark KSE-100 Index concluded Friday's trading session at 120,023.23, showing an increase of 20.64 points or 0.02%.

Adamjee Insurance to divest 6.5% stake in Adamjee Life

The board of directors of Adamjee Insurance Company Limited (PSX: AICL) has approved the sale of 16.25 million shares, equivalent to 6.5% of its subsidiary Adamjee Life Assurance Company Limited (PSX: ALIFE).

ARL signs $600m agreement for major refinery upgrade

In a major development, Attock Refinery Limited (ARL) has signed a $600 million agreement with Italy’s STP Studi Technologici Progetti S.p.A. for the Front End Engineering Design (FEED) and Project Management Consultancy (PMC) of its refinery upgradation project.

PSX Closing Bell: Hit the Floor

The benchmark KSE-100 Index concluded Wednesday's trading session at 120,465.93, showing a decrease of 1,505.11 points or 1.23%.

SLG-Trax delivers first TIR cargo to Uzbekistan

In a milestone development for regional connectivity, Secure Logistics – Trax Group Limited (SLG-Trax) has successfully completed its first cargo delivery to Tashkent, Uzbekistan under the Transports Internationaux Routiers (TIR) mechanism.

PSX Closing Bell: Dropped the Mic

The benchmark KSE-100 Index concluded Thursday's trading session at 124,093.12, showing a decrease of 259.56 points or 0.21%...

PSX Closing Bell: Market on Fire

The benchmark KSE-100 Index concluded Wednesday's trading session at a record high of 124,352.68 points, marking an impressive gain of 2,328.24 points or 1.91%...

PSX Closing Bell: On the Up and Up

The benchmark KSE-100 Index concluded Tuesday's trading session at 122,024.44, showing an increase of 383.44 points or 0.32%...

PSX Closing bell: Rockets to All-Time High

The benchmark KSE-100 Index reached a historic milestone on Wednesday, concluding the trading session at 121,798.86, showing an increase of 1,347.99 points or 1.12%.

PSX Closing Bell: Cashing In Big

The benchmark KSE-100 Index concluded Tuesday's trading session at 120,450.87, showing an increase of 1,573.07 points or 1.32%...

PSX Closing Bell: Bulls on the Backfoot

The benchmark KSE-100 Index concluded Monday's trading session at 118,877.80, showing a decrease of 813.29 points or 0.68%....

Key Pakistan Market Stats and Economic Indicators

Market Data and Economic Indicators...

Weekly Market Roundup

The market experienced a range-bound performance throughout the week, primarily influenced by uncertainty surrounding...

PSX Closing Bell: Ain’t No Stoppin’ Us Now

May 30, 2025 (MLN): The benchmark KSE-100 Index concluded Friday's trading session at 119,691.09, showing an increase of 719.69 points or...

PSX Closing Bell: Rolling In Green

The benchmark KSE-100 Index concluded Thursday's trading session at 118,971.40, showing an increase of 638.50 points or 0.54%...

PSX Closing Bell: Opportunity Knocks

The benchmark KSE-100 Index concluded Tuesday's trading session at 118,332.90, showing an increase of 111.78 points or 0.09%....

PSX Closing Bell: Let It Go

The benchmark KSE-100 Index concluded Monday's trading session at 118,221.12, showing a decrease of 881.55 points or 0.74%....

Weekly Market Roundup

Market participants adopted a cautious stance through smart trading strategies; however, the market remained...

Key Pakistan Market Stats and Economic Indicators

Market Data and Economic Indicators...

PSX Closing Bell: Torn Between Two Worlds

The benchmark KSE-100 Index concluded Friday's trading session at 119,102.67, showing a decrease of 50.37 points or 0.04%...

PSX Closing Bell: She’s a Little Bit Dangerous

The benchmark KSE-100 Index concluded Thursday's trading session at 119,153.04, showing...

KSE-100 hits record high of 120,668

The Pakistan Stock Exchange continued its bullish momentum on Thursday, with the benchmark KSE-100 Index soaring to a...

PSX Closing Bell: Midweek Magic

The benchmark KSE-100 Index concluded Wednesday's trading session at 119,931.45, showing an increase of 960.33 points or 0.81%...

PSX Closing Bell: It’s a Mad World

The benchmark KSE-100 Index concluded Tuesday's trading session at 118,971.12, showing a decrease of 718.51 points or 0.60%....

PSX Closing Bell: Steady, As She Goes

The benchmark KSE-100 Index concluded Monday's trading session at 119,689.63, showing an increase of 40.49 points or 0.03%...

Key Pakistan Market Stats and Economic Indicators

Market Data and Economic Indicators...

Weekly Market Roundup

Following a turbulent week, the Pakistan Stock Exchange (PSX) witnessed strong upward momentum this week...

Govt raises Rs32bn in fresh green sukuk auction

The Government of Pakistan has successfully raised Rs31.99 billion through the issuance of a fresh 3-Year Variable...

PSX Closing Bell: Lose Yourself

The benchmark KSE-100 Index concluded Friday's trading session at 119,649.14, showing...

PSX Closing Bell: You Are the Best Thing

The benchmark KSE-100 Index concluded Thursday's trading session at 119,961.91...

TRG Takeover Twist

In a significant development today, AKD Securities Limited issued a Corrigendum Notice, amending key statements in the Public Announcement of Offer (PAO)...

PSX Closing Bell: Crazy Train

The benchmark KSE-100 Index concluded Wednesday's trading session at 118,536.52, showing a decrease of 39.36 points or 0.03%...

MSCI adds Fauji Cement, DG Khan, Maple Leaf to Frontier Index

MSCI has added Fauji Cement, DG Khan Cement, and Maple Leaf Cement to its Frontier Markets Index, making Pakistan...

PSX Closing Bell: Can't Help Falling in Rally

The Pakistan Stock Exchange (PSX) continued its bullish streak on Tuesday, with the benchmark KSE-100 Index gaining 1,278.15 points or 1.09% to close at...

PSX Closing Bell: Don't Stop Me Now

In a historic trading session, the benchmark KSE-100 Index surged by 10,123.10 points or 9.45%, closing at 117,297.73 on Monday, marking one of the largest...

KSE-100 surges by 10k points in intraday

Continuing its remarkable upward trajectory, the benchmark KSE-100 Index surged to an intraday high of 117,229.03, recording a phenomenal...

PSX halted, reopens after 10:30 am

Market Halt has been triggered due to a 5% increase in the KSE-30 index from the previous trading day close...

PSX, PKR to enjoy a sharp rebound on ceasefire, IMF approval

The Pakistan Stock Exchange (PSX) and the Pakistani rupee (PKR) will likely see a rally tomorrow amidst strengthening...

Weekly Market Roundup

Amidst geopolitical tensions, the local bourse witnessed a bearish week. Heavy sell-offs occurred due to the fear of rising conflict between Pakistan and India.