Millat Tractors Limited (MTL) reported a 17% year-on-year decline in profit for the first quarter of FY2025–26, posting earnings of Rs514 million or Rs2.57 per share, well below market expectations. Quarterly profit also fell 61% compared to the preceding quarter, reflecting weaker sales and lower non-operating income. Read More: Poor Farm Economics Weighing on Millat…
The KSE-100 Index settled at 162,163 points, posting a decline of 1,140 points after a highly volatile trading session. Investor sentiment remained mixed as the index oscillated between an intraday high of 163,570 and a low of 161,766, with volatility primarily stemming from rollover pressure ahead of futures contract expiry. Read More: Pakistan Stock Market…
Pakistan’s local mobile phone manufacturing and assembly surged 55% month-on-month to 3.01 million units in September 2025, driven by strong consumer demand and new product launches, according to the Pakistan Telecommunication Authority (PTA). The data showed a 40% year-on-year increase, reflecting a low base from September 2024 when sales were dampened by heavy pre-buying in…
Pakistan’s central bank kept its policy rate unchanged at 11% on Monday, in line with market expectations, citing a stronger growth outlook and easing concerns over flood-related economic disruptions. According to the Monetary Policy Committee’s (MPC) statement, the State Bank of Pakistan (SBP) now expects GDP growth for FY2025–26 to remain in the upper half…
Pakistan Petroleum Limited’s shareholders approved a 25% final cash dividend, bringing the total payout to 75% for FY2024–25, during the company’s 74th Annual General Meeting held in Karachi on Monday. The meeting, chaired by PPL Board Chairman Shahab Rizvi, also endorsed the company’s audited financial statements for the year ended June 30, 2025. Rizvi lauded…
Silver Prices in Pakistan have declined by RS 27 per tola to Rs 5097. The rates of silver have witnessed a decline following fluctuation in global prices. Silver Rates in Pakistan Today
The Pakistani rupee recorded a marginal gain against the US dollar on Monday and closed at Rs281.01 in the interbank market. It was up by Rs0.01 from the previous session, according to data released by the State Bank of Pakistan (SBP). The Pakistani rupee on Monday continued to gain against the US dollar. It appreciated…
Gold prices in Pakistan have reduced by Rs 3300 per tola to Rs 430,362. Gold Rate in Pakistan Today Gold Prices in Pakistan stood at Rs 432,551 per tola in early hours of trade on Monday in line with fluctuation in global market rate. In open market, the gold rate in Pakistan increased on Saturday…
K-Electric Chief Executive Officer Moonis Alvi has clarified that recent comparisons between K-Electric’s power tariffs and the national grid overlook key structural differences, emphasizing that when assessed on a like-for-like basis, KE’s generation cost is lower than that of the national pool. Read More: KE profit outlook weakens after MYT revision: Topline Speaking at a…
Silver prices in Pakistan have increased by Rs 57 per tola to Rs 5124 in line with fluctuation in global market rates. Silver Prices in Pakistan on Friday declined by Rs 43 per tola to Rs5067 in line with reduction in global silver prices. Silver Rate in Pakistan Today