Karachi: The KSE-100 Index recorded a significant gain of 999 points, closing at 173,170 as trading volumes surged to 534 million shares. The top performers, based on price changes, included MLCF, AGP, and PIBTL, while the top decliners were identifie…
Karachi: PVC-ethylene margins have surged to an 18-month high, reaching $376 per ton in February 2026, marking a 25% year-over-year increase from $287 per ton in the same period last year. This escalation in margins was primarily driven by a rise in P…
Karachi: D.G. Khan Cement (DGKC) announced its financial results for the second quarter of fiscal year 2026, reporting earnings that exceeded market expectations. The company recorded an unconsolidated profit of approximately Rs 3.69 billion, translat…
Karachi: Oil and Gas Development Company (OGDC) has reported a 16% year-on-year decline in earnings for the second quarter of fiscal year 2026, with earnings per share dropping to Rs8.07, in line with industry expectations. The company’s half-year ear…
Karachi: Meezan Bank, a leading Islamic bank in Pakistan, and Kazakhstan’s Bank CenterCredit have signed a Memorandum of Understanding to enhance correspondent banking relations and support the increasing bilateral trade between the two nations. The a…
Islamabad: Poverty levels in Pakistan have reached a concerning high, as noted by Shahid Rasheed Butt, a prominent business leader and former president of the Islamabad Chamber of Commerce. Despite signs of macroeconomic stability, including an improv…