Banking, cement, and pharma sectors drive quarterly growth; dividends rise 7% YoY KSE-100 index companies posted earnings of Rs445bn in 4QFY25, up 21% YoY from Rs366bn in 4QFY24. In US dollar terms, profitability stood at US$1.6bn. During FY25, benchmark index companies posted earnings of Rs1.7trn, up 3% YoY. Excluding E&Ps and banks, profits are are…
The federal government has officially launched a new contributory pension scheme designed for future federal employees and the armed forces. As per the details, the initiative aims to address the growing pension liabilities in Pakistan while ensuring a sustainable retirement system for upcoming recruits. According to a notification issued by the Ministry of Finance, the…
ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the merger of M/s. Global Haly Development Limited with and into M/s. Bank Makramah Limited, under a Scheme of Arrangement. The proposed transaction was filed and reviewed under Section 11 of the Competition Act, 2010, read with the Competition (Merger Control) Regulations, 2016. The merger involves…
KSE-100 Index Inched closer to 170,000 for first time on Friday during the second half of the trading session on Friday. Pakistan stocks had opened higher Friday during intra-day trading as the benchmark index hits a historic level following liquidity and investor confidence drove gains. The Pakistan Stock Exchange (PSX) opened on a strong note…
The KSE-100 Index closed the session on a strong upward trajectory, settling at 168,489 after registering a robust gain of 2,849 points, or 1.72%. Bullish momentum prevailed throughout the day, with the index touching an intraday high of 168,619. The rally was largely fueled by continued aggressive buying from mutual funds, which sustained investor confidence…
Urea sales has declined by 48% on monthly basis mainly attributed to off season effect and devastating floods during the month. According to provisional data, urea sales during September 2025 is expected to clock in at 428k tons, up 17%YoY. The increase can be mainly attributed to low base effect. Urea sales of Fauji Group…
Procter & Gamble has decided to discontinue Gillette Pakistan Limited’s operations as part of its global restructuring. It raises the prospect of delisting from the stock exchange. Gillette Pakistan Limited has formally disclosed to the Stock Exchange that its parent company, Procter & Gamble (P&G), will discontinue the brand’s business operations in Pakistan. The decision,…
Government plans setting up Mineral Free Zone at Gwadar Port Pakistan has decided to pitch multibillion dollars maritime projects to local and foreign investors under ‘profit and sharing model’ in Gwadar and Karachi Ports in the upcoming Pakistan Maritime Investment Forum 2025. The government is likely to hold maritime investment forum by end of this…
A tug of power was observed in today’s trading session at the Pakistan Stock Exchange (PSX), as both bulls and bears fiercely contested for dominance. The benchmark index surged to an intraday high of 1,029 points, before heavy selling pressure dragged it down to an intraday low of 1,338 points. Despite the volatility, the market…
FBR Extends Tax Return Submission date Till October 15, 2025. FBR tax revenue recorded a major shortfall of Rs156 billion in September alone, as devastating floods hampered business activity across multiple regions. According to official data, the Federal Board of Revenue missed its July–September collection target by Rs199 billion, falling below Rs3,083 billion to Rs2,885…