Karachi: Pakistan Stock Exchange (PSX) indices experienced a decline as the KSE30 and KSE100 ended the day in the red, reflecting a challenging trading session. The KSE100 index fell by 1,778.47 points to close at 171,115.81, marking a 1.03% decrease,…
Karachi: Saif Power Ltd. (SPWL) announced a 14% increase in revenue for the calendar year 2025, reaching PkR9.2 billion, driven by higher utilization rates. However, the company reported a net loss of PkR38 million, primarily due to a super tax provis…
Karachi: The Karachi Stock Exchange (KSE) indices experienced a notable decline on May 8, 2026, with the KSE100 index falling by 1,778.46 points and the KSE30 index decreasing by 641.56 points. This reduction in indices represents a percentage decreas…
Karachi: The KSE-100 index has maintained its upward momentum, closing at 172,894, which marks an increase of 1,190 points from the previous day. Although trading volumes decreased to 987 million shares compared to 1,202 million shares in the prior se…
Karachi: The automobile industry in Pakistan is poised for a noteworthy expansion, with projections indicating a 108% year-on-year increase in sales for April 2026. The anticipated growth is expected to result in approximately 19,800 units sold, repre…
Karachi: Prime Minister Shehbaz Sharif has been urged to facilitate the payment of dues owed to PTCL pensioners, following Supreme Court rulings. This call to action was made by members of the Telecommunication Pioneer Forum, highlighting ongoing fina…
Karachi: Mian Zahid Hussain, a prominent figure in Pakistan’s business community, has expressed satisfaction with the Federal Constitutional Court’s recent judgement declaring Section 7E of the Income Tax Ordinance unconstitutional. This decision addr…