FLASHNEWS:

Day: September 4, 2025

PPL Unveils Significant Oil and Gas Discovery at Dhok Sultan

Karachi: Pakistan Petroleum Limited (PPL), the primary operator of the Dhok Sultan block, has announced a substantial oil and gas discovery at its Dhok Sultan-03 well. This marks the second successful find by PPL at this location.

PPL holds a 75% wo…

Currency Rates See Minor Fluctuations in Exchange Market

Karachi: The Exchange Companies Association of Pakistan reported slight variations in currency rates, with the US dollar, euro, and British pound experiencing marginal changes. According to the association, the US dollar was traded at buying and selli…

KSE-100 Index Surges Amidst Economic Developments

Karachi: The KSE-100 Index saw a significant rise, gaining 1,226 points to close at 152,202 with 1,042 million shares traded. HUBC, THALL, and PSX led the gains, while PGLC, JDWS, and GHGL were the top decliners. The trading activity was primarily con…

Pakistan’s Mobile Manufacturing Surges Amid Low Base Effects

Karachi: The Pakistan Telecommunication Authority (PTA) reported a significant increase in local mobile manufacturing and assembly, with 3.59 million units produced in July 2025. This represents a 123% year-on-year growth and a 64% month-on-month rise…

Currency Exchange Rates Show Stability Amid Economic Challenges

Karachi: The Exchange Companies Association of Pakistan (ECAP) released the closing exchange rates for September 4, 2025, indicating a stable performance of the Pakistani Rupee against major currencies. The State Bank of Pakistan provided the data, re…