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PSX

Global Footprint: BOP to establish Wholesale Banking Unit in Bahrain and Representative Office in UAE”

The Board of Directors of the Bank of Punjab (BOP) has approved the business plan to establish a Wholesale Banking Unit in the Kingdom...

MARI’s subsidiary secure mineral exploration licenses in the Chagai district of Balochistan.

The Directorate General Mines & Minerals Balochistan has granted two Exploration Licenses EL-322 and EL-323, and allotted area of 501.03 sq. km and 512.76...

Government Greenlights Tax-Heavy Budget Ahead of Crucial IMF Loan Talks

Pakistan’s parliament on Friday passed the government’s tax-heavy finance bill for the coming fiscal year ahead of more talks on a new bailout with...

KSE 100 Skyrockets to Historic 78k Milestone!

The Pakistan Stock Exchange (PSX) experienced a buying frenzy as the benchmark KSE-100 index surged by over 1,500 points during the opening hours of...
Stock Market
News Desk

Panther Tyres successfully raises Rs2.632bn through book building

Panther Tyres Limited raised funds worth Rs2.63 billion through a book building process at the Pakistan Stock Exchange (PSX) on Thursday. The company strike price clocked in...
News Desk

Fauji Foundation to acquire majority stake in Silk Bank

In a latest notification to PSX, Fauji Foundation (FF) has expressed its intention to acquire majority stake in Silk Bank Limited (PSX:SILK). As a...
News Desk

Corporate Result: Fauji Fertilizer Company Annual Earnings observe growth of 72%

In a latest notification to the PSX, the Fauji Fertilizer Company Ltd (PSX:FFC) announced the result for the year ended December 31, 2020. The...
News Desk

HUBC’s subsidiary & Central Power Purchasing Agency signed an agreement in...

In a latest ntoification to the Pakistan Stcok Exchange, the Hub Power Company Limited (HUBC) announced that the Narowal Energy Limited (a wholly-owned subsidiary...
News Desk

MPC: Policy rate remains stable at 7%

The Monetary Policy Committee (MPC) decided to maintain the policy rate at 7 percent. The MPC noted that since the last meeting in November,...
News Desk

CHCC to undertake BMR for Cement Line 1

CHCC has announced that it has decided to undertake BMR for Cement Line 1 & install a main Crusher. These measures will help improve...