HeadlinesPSX re-composes KMI All Share Islamic Index, adding 26 new firms
13 companies removed; updated index now comprises 264 companies
Dec 31, 2024
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HeadlinesFauji Fertilizer Bin Qasim delisted from PSX following merger with FFC
FFBL delisting effective from December 31, 2024, after fulfillment of all necessary requirements for the merger
Dec 31, 2024
HeadlinesSSGC cuts 50% gas for captive power generation in January
Sui Southern Gas Company prioritises domestic consumers, particularly in Balochistan, due to pressing deficit in indigenous gas supplies
Dec 31, 2024
HeadlinesPresident orders banks to compensate fraud victims with Rs24.136 million
Six banks directed to provide relief to 31 defrauded customers
Dec 31, 2024
HeadlinesK-Electric seeks Rs4.98/unit relief for November fuel charge adjustment
NEPRA to decide on FCA implementation after January 15 public hearing
Dec 31, 2024
HeadlinesPresident promulgates Income Tax (Amendment) Ordinance, revising tax structure for banks
A tax rate of 44% has been set for banking companies for tax year 2025
Dec 31, 2024
HeadlinesFBR anticipates Rs509bn revenue shortfall in first half of FY2024-25
December marks the fourth consecutive month of missed tax targets, with a Rs148 billion shortfall, adding pressure on revenue collection.
Dec 31, 2024
HeadlinesECNEC approves seven development projects worth Rs217 billion
Committee also approved World Bank-funded project GRADES aimed at improving attendance and learning outcomes in schools in Punjab
Dec 31, 2024
HeadlinesKSE-100 surges 85% in 2024, with top stocks gaining over 500%: report
Pharmaceuticals lead with 198% growth; market capitalization hits Rs14.6 trillion
Dec 31, 2024
HeadlinesUBL arranges $300mn short-term loan for Pakistan
Financing supports IMF commitments and economic revival efforts
Dec 31, 2024
HeadlinesDr Tauqir Shah likely to join federal govt as advisor or special assistant
Close aide of PM Shehbaz Sharif, currently serving at the World Bank, set for a potential return to Pakistan’s administration
Dec 31, 2024
HeadlinesRevised IPP deals to save Pakistan Rs 1 trillion: Power minister
Renegotiations aim to alleviate financial strain in the energy sector
Dec 30, 2024