Tuesday’s trend persisted at the Pakistan Stock Exchange (PSX), where the KSE-100 Index opened on a positive note, gaining 589 points early on. However, selling pressure soon intensified, dragging the index down by 1,794 points to close at 158,465, down 1,635 points or 1.02%. Read More: Pakistan Stock Market Bleeds The market continued its corrective…
Fauji Fertilizer Company (FFC) shared an optimistic outlook for 2025 at its corporate briefing, highlighting post-merger consolidation benefits, new product developments, and plans for Shariah compliance as key strategic priorities. The company confirmed that the successful merger of Fauji Fertilizer Bin Qasim Limited (FFBL) with FFC had been completed, with some audit-related adjustments incorporated in…
Pakistan Petroleum Limited (PPL) reported a 15% year-on-year decline in profit for the first quarter of FY26, with earnings falling to Rs20.08 billion (EPS: Rs7.38), as lower hydrocarbon production weighed on performance, according to analysts at Topline Securities. Net sales during the quarter reached Rs56.8 billion, down 14% from a year earlier but up 10%…
The National Electric Power Regulatory Authority (Nepra) came under public scrutiny on Wednesday after questions were raised regarding its recent tariff adjustments for K-Electric (KE), which showed a substantial variation between successive determinations. Read More: How to Download and Pay KE Duplicate Bill Online During a public hearing held to review monthly fuel cost adjustments…
Sui Southern Gas Company (SSGC) has intensified its anti-gas theft operations across Sindh and Balochistan, disconnecting around 950 illegal connections in Karachi and surrounding regions as part of an ongoing crackdown against unauthorized gas use. In coordinated raids led by the Security, Surveillance and Counter Gas Theft Operations (SS&CGTO) department, along with the CRD Theft…
Silver Prices in Pakistan have increased by Rs 110 per tola to Rs 5,034 in line with fluctuation in global prices. On Tuesday, silver rate had declined by Rs 173 per tola to Rs 4,924. Silver Rate In Pakistan Today
After a massive drop, gold prices increased by Rs 3500 per tola to Rs 419,862 in line with fluctuation in global prices. On Tuesday, the gold rate in Pakistan had witnessed a massive drop of Rs 14000 per tola. Gold Rate in Pakistan Today
The Pakistani rupee on Wednesday closed at 280.96 in inter-bank market against US dollar, recording a gain of Rs0.01 against the US dollar. The Pakistani rupee continued to strengthened against US dollar and appreciated 0.05% during the opening hours of trading. On Wednesday, it was trading at 280.72, registering a gain of Rs0.15 against the…
Higher retail margins and lower finance costs offset inventory volatility Pakistan State Oil (PSO) reported earnings per share of Rs20 for the first quarter of FY26, a 136% jump from Rs8.5 a year earlier, driven by stronger retail performance and reduced borrowing costs. However, the result came in below market expectations due to lower-than-estimated inventory…
Higher gross margins lift earnings above expectations Indus Motor Company Ltd (INDU) reported a 32% year-on-year rise in profit to Rs6.7bn for the first quarter of FY26, translating into earnings per share (EPS) of Rs85.49. The quarterly performance exceeded market expectations, driven by stronger-than-anticipated gross margins despite lower sequential sales and production bottlenecks. According to…