Karachi: The recent rise in petrol and high-speed diesel prices in Pakistan has triggered alarm among business leaders and citizens, with predictions of escalating inflation and financial strain on households. Mian Zahid Hussain, a prominent figure in…
Karachi: Honda Atlas Cars (Pakistan) Ltd. presented a robust performance in its MY25 results, as disclosed during its recent analyst briefing. The company experienced a 42% increase in topline revenue, reaching PkR78 billion from PkR55 billion the pre…
Karachi: The Board of Directors at Hub Power Company (HUBC) has approved the extension of Sponsor Support Contribution Letters of Credit (SSC LCs) for Thar Energy Limited (TEL) and ThalNova Power Thar (Pvt) Ltd (TNTPL). The extensions are valued at up…
Karachi: Large-scale manufacturing (LSM) posted a year-on-year growth of 2.3% in May 2025, marking its second consecutive month of expansion after five months of declines. This growth reflects notable improvements in several key sectors, as indicated …
Karachi: The KSE-100 index experienced a turbulent session, marked by significant volatility, before closing with a decline of 563 points at 135,950. Trading activity saw an uptick, with volumes increasing by 18% compared to the previous trading day.
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Karachi: The KSE-100 Index, a benchmark for the Pakistan Stock Exchange, experienced a decline, closing at 135,940, down 563 points from its previous high of 137,748. Trading volumes increased slightly, with 879 million shares exchanged compared to 84…