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Buying Spree Lifts Pakistan Stocks After Flat Session
The Pakistan Stock Exchange (PSX) staged a strong comeback on Thursday, with the benchmark KSE-100 Index rising by nearly 1,200 points during intra-day trade. At 11:20am, the index stood at 157,339.47, up 1,161.66 points or 0.74%. Buying momentum was visible across major sectors, including automobiles, cement, banks, oil and gas exploration, refineries, and power generation….
Pakistan to Pitch Mega Projects at Maritime Forum 2025
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…
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. This higher-than-expected result was mainly led by reversals in administrative and other expenses, as certain items previously recorded under this head were reclassified as cost of sales, as per…
CCP Approves SALIC Acquisition of Olam Agri
ISLAMABAD, October 6: The Competition Commission of Pakistan (CCP) has approved the proposed acquisition of a controlling interest in Olam Agri Holdings Limited (Olam Agri) by the Saudi Agricultural and Livestock Investment Company (SALIC), a wholly-owned subsidiary of the Saudi Public Investment Fund.CCP Chairman Announces PTCL Telenor Merger The transaction involves the transfer of shares…
PKR Stable vs Dollar but Slips Against Pound, Euro
The Pakistani rupee remained stable against the US dollar on September 17, 2025, but showed weakness against other major currencies, including the British pound and the euro. In the open market, the US dollar was being traded at Rs 282.9 for buying and Rs 283.70 for selling. The interbank rate was also steady at Rs…
Pakistan Rupee Continues Momentum against dollar
The Pakistani rupee against the dollar continued witnessing a rising trend on Tuesday and appreciated 0.01 percent in the inter-bank market. It closed at 281.42 against the dollar, registering a gain of Rs 0.03. This is the 33rd successive gain by the Pakistani rupee against the dollar. PKR to dollar continues its momentum and witnessed…
