Saif Textiles Mills and the case of loan-for-equity swap

The company is looking to pay off its loans but is it fair for the shareholders?

Dollar below 300 after over two weeks

The rupee gained further strength through Wednesday, and is at 298.39 against 1 dollar presently

Falling share prices at PSX

KARACHI: Pakistan Stock Exchange on Wednesday witnessed a bearish trend and closed in red zone with heavy losses as investors opted to...

Analysis: Has the PSX seen a rally like this before? 

As the stock market opened on the 3rd of July 2023, the index increased by 5.99% or by 2,481 points. This is...

Bulls charge PSX as investors expect friendly budget

Investors gain confidence on the expectations of an ‘investor-friendly budget’

PSX launches cutting-edge trading system

The Pakistan Stock Exchange (PSX) has unveiled a state-of-the-art trading system, marking a significant milestone in the country's financial market. The new...

Political polarisation and IMF bailout speculations trigger stock market slide

On Monday, the stock market experienced a decline attributed to political divisions and speculation surrounding the Staff Level Agreement (SLA) between Pakistan...

PSX loses over 550 points during intraday crash as Khan arrested

KARACHI: Pakistan Stock Exchange (PSX) turned bearish after the arrest of former prime minister Imran Khan on Tuesday, with the benchmark KSE-100...

Descon registers new fully-owned subsidiary in Sharjah

KARACHI: In a letter dated 2 May 2023, company secretary of Descon Oxychem Limited Abdul Sohail informed the Pakistan Stock Exchange (PSX)...

PSX sends notice to Khyber Textile Mills for unusual share price increase

Company’s share price increased by more than 250% in the past month

The glitchy PSX trading system drama

Stockbrokers want the old system back, but the PSX has already spent money on the new one