By Aftab Ahmed | October 30, 2025

Earnings rise to Rs37.5bn on higher dispatches and lower coal costs; excluding Lucky Cement, profits drop 10%. Pakistan’s listed cement sector posted a consolidated profit of Rs37.5 billion in the first quarter of FY26, reflecting a 55% year-on-year and 20% quarter-on-quarter increase, according to a report by Topline Securities released on Tuesday. The sector’s revenues…

By Salman Khan | October 29, 2025

The Competition Commission of Pakistan (CCP) has approved three separate merger applications submitted by Petroleum Exploration (Private) Limited (PEL) for the acquisition of certain shareholdings in PKP Kirthar B.V., PKP Exploration II Limited, and PKP Kadanwari Limited from KUFPEC Pakistan Holdings B.V. The approvals were granted after a comprehensive Phase-I review under Section 11 of…

By Aftab Ahmed | October 29, 2025

Lucky Cement Limited (LUCK) posted a 23% year-on-year increase in consolidated earnings for the first quarter of FY26, with profit rising to Rs21.99 billion (EPS: Rs15.0), in line with market expectations. Sequentially, earnings grew by 12% from the previous quarter. The cement and industrial conglomerate’s consolidated revenue increased 11% year-on-year and 6% quarter-on-quarter to Rs123.6…

By Aftab Ahmed | October 29, 2025

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…

By Aftab Ahmed | October 29, 2025

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…

By Aftab Ahmed | October 28, 2025

The local bourse blew hot and cold on Tuesday as the KSE-100 Index witnessed a dramatic tug-of-war between the bulls and the bears. The session opened on a strong note, with the bulls marching ahead in the first half and lifting the index to an intraday high of +1,216 points. However, momentum quickly faded as…

By Salman Khan | October 28, 2025

Customers nationwide are expressing concern as banking costs rise due to new government tax measures combined with additional service charges imposed by banks. Under the updated regulations, non-filers are required to pay a 0.8 percent withholding tax on every bank withdrawal they make. Simultaneously, banks have increased charges for ATM cards, SMS notification services, and…

By Salman Khan | October 28, 2025

Bitcoin and Ethereum surged, lifting the global crypto market value to nearly $3.92 trillion amid renewed optimism over improving economic conditions. Bitcoin rose nearly 4 percent to trade above $115,900, while Ethereum jumped about 7.7 percent to reach approximately $4,253 during the trading session. The market-wide rally signaled improving investor confidence following reports of easing…

By Aftab Ahmed | October 27, 2025

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…

By Aftab Ahmed | October 27, 2025

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…