Business
Investor Optimism Drives PSX to Fresh Record Highs
Investor optimism drives the buying rally at the Pakistan Stock Exchange, as the benchmark KSE-100 Index jumped nearly 1,000 points during early trade Wednesday. At 9:50am,…
Business
Business
Nishat Mills Profit up 15% in 4QFY25
Nishat Mills Limited (NML) recorded unconsolidated profit of Rs1,174 million (EPS: Rs3.34) in 4QFY25, up 15% YoY, compared to earnings of Rs1,021 million in 4QFY24 (EPS:…
Business
KSE-100 Hits 165,493
The KSE-100 Index concluded the session on a robust note, settling at 165,493 after recording a notable gain of 1,645 points or 0.66%. A strong bullish…
Business
Gul Ahmed Textile Mills Closes Export Apparel Business
Gul Ahmed Textile Mills has decided to close business operations of the export apparel segment due to sustained margin pressure. In a notice to Stock Exchange,…
Business
Air Link Reports 22% Growth in 4QFY25
Air Link Communication (AIRLINK) reported a 22% YoY growth in consolidated earnings to Rs 4.79/share in 4QFY25. This takes FY25 earnings to Rs12.01/share, up 3% YoY.…
Business
Cement Profits Rise 60% in 4QFY25
Pakistan’s listed cement sector reported earnings of Rs30.91bn, up by 60% YoY and down by 8% QoQ. Sales for the cement sector remained flattish on a…
Business
Acetate Tow Tracking Exposes Pakistan’s Illicit Cigarette Gap
The findings of an independent study on illicit cigarettes, conducted by Alvarez & Marsal (A&M), were shared with the media. A&M is a leading global professional…
Business
Pakistan Pressed on Reforms in IMF Negotiations
The International Monetary Fund has asked Pakistan for a detailed report on anti-money laundering measures during continuing negotiations for the seven billion dollar loan program. Officials…
Business
TOMCL Posts Rs 30M Loss in 4QFY25
The Organic Meat Company (TOMCL) has posted a net loss of Rs30 million in 4QFY25, possibly drop in exports. The company announced results on Monday where…
Business
PSX Roars Higher, Closes at 163,847
The bulls kept their grip firm at the Pakistan Stock Exchange (PSX) on Monday, with the benchmark index soaring to an intraday high of 1,646 points…
