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SBP decided to raise the Policy Rate by 25bps to 7.25%

The Monetary Policy Committee (MPC) decided to raise the policy rate by 25 basis points to 7.25 percent. Since its last meeting in ...

Pakistan reports Current Account Deficit of US$1.5Bn in Aug 2021

The current account deficit (CAD) rose to $1.5bn in Aug21 from $0.8bn the previous month, while SBP’s foreign reserves rose to an all-time high...

SEARL plans to list its subsidiary on PSX

The Searle Company Limited (PSX: SEARL) in a notification to PSX announced that the shares of Searle Pakistan Limited (SPL) the wholly owned subsidiary...

NICL to invest Rs. 1,250Mn for setting up the production facility to manufacture aluminium cans

Nimir Industrial Chemicals Limited (the "Company") in its meeting held on Tuesday, September 14, 2021 has considered, approved and recommended the following new capital...

TELE subsidiary Supernet may be listed on PSX

Telecard Limited (PSX: TELE) announced that itssubsidiary, supernet Limited'("SNL") may be listed on the Pakistan stock Exchange Limited ('PSX") by means of: (i) SNL...

MODAM issue 331% Right Shares at par value of Rs. 10

Modaraba Al-Mali in a notification to PSX, has decided to increase the paid-up certificate capital of the Modaraba Ali-Mali by issue of 61,000,000 further...

SAZEW sales increased by 50% during August, 2021

In a latest notification to the Stock Exchange, the Sazgar Engineering Works Limited (PSX:SAZEW) announced the production & sales data for the month of...

#IPO2021 – Love for Octopus – Oversubscribed by 27 Times

The book-building process of Octopus Digital's Initial Public Offer (IPO) has concluded with an oversubscription of 27 times. The Octopus Digital has received an...

DGKC completed the installation of 30MV Captive Coal Fired Power Plant (CFPP)

D.G. Khan Cement Company Limited (PSX:DGKC) announced it has completed installation & commissioning of 30MW Captive Coal Fired Power Plant (CFPP) at Hub site,...

PPL discovered Hydrocarbons in Sindh

Pakistan Petroleum Limited announced a hydrocarbon discovery from exploratory well, Jugan-1, in the Latif Block (the “Block”) which is situated in the Province of...

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