HeadlinesPSX gains over 700 points on strong corporate results
Benchmark index driven by positive financial results from major companies as investor confidence returns
Aug 8, 2024
News Desk
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HeadlinesMahmood Textile Mills to divest its shares in Orient Power
MTML holds 87,335,969 shares in Orient Power; sale proceeds to be used in various business activities
Aug 8, 2024
HeadlinesBank AL Habib approves Rs 2 billion capital boost for exchange subsidiary
Paid-up capital increased from the existing Rs 1 billion to Rs 3 billion to ensure smooth operations and future expansion plans
Aug 8, 2024
HeadlinesBF Biosciences plans to raise Rs 1.37 billion through IPO
IPO will consist of 25 million ordinary shares with floor price of PKR 55 per share
Aug 8, 2024
HeadlinesPakistan to manage $26.2bn foreign debt repayments in FY2024-25: SBP governor
No external payment pressures, reserves to reach $13 billion by the end of this fiscal year: Jameel Ahmad briefs NA Standing Committee on Finance
Aug 8, 2024
HeadlinesGSMA urges Pakistan to eliminate high taxes on telecom services
High taxes and spectrum prices impede Pakistan's digitisation goals: report
Aug 8, 2024
HeadlinesFederal govt appoints Rashid Mahmood Langrial as new FBR chairman
Aug 7, 2024
HeadlinesKAPCO refutes claims of payments without power generation
Power company says no capacity payments made since PPA expiration on October 24, 2022, only overdue receivables settled
Aug 7, 2024
HeadlinesApna Bank proposes Rs. 7.5 billion capital increase and new share issuance
Board seeks shareholder and SECP approval for major financial expansion
Aug 7, 2024
HeadlinesFitch upgrades WAPDA's long-term foreign-currency rating to 'CCC+'
Improved rating follows Pakistan’s sovereign upgrade on July 29, 2024
Aug 7, 2024
HeadlinesSECP warns against illegal trading platform
Commission refers the matter to relevant authorities for investigation and necessary action.
Aug 7, 2024
HeadlinesSECP registers 2,864 new companies in July
Companies’ registration sees 25% increase from last year, IT sector leads with 471 new firms
Aug 6, 2024