Kohat: MOL Pakistan, operating within the TAL Block, has made a noteworthy discovery at the Kawagarh-1 formation through the Razgir-1 exploratory well. This discovery has resulted in a production of 159 barrels per day of condensate and 16.4 million cu…
Karachi: Engro Fertilizer Limited (EFERT) has reported a significant 57% year-over-year increase in its earnings for the second quarter of 2024, with profits reaching PKR 1.7 billion, up from PKR 1.1 billion in the same period last year. The increase i…
Lahore: In a significant move that could impact cement prices regionally, the Punjab government has revised the royalty rates on limestone, a key component in cement production. The new rate has been set at 6% of the ex-factory sales price of cement or…
Karachi: Pak Suzuki Motor Company Limited has maintained its robust entity ratings due to its significant market position and the backing of its foreign sponsor, Suzuki Motor Corporation, Japan, despite facing various challenges in the automotive secto…
Karachi: The KSE-100 Index reached an all-time high of 81,840 in July 2024, a 4.3% increase from June’s close, showcasing a strong market performance. However, increased political noise this month eroded these gains, bringing the index nearly flat mon…
Karachi: The KSE-100 index experienced a sharp decline, closing down by 742 points at 77,887 in a session dominated by bearish trends. Trading volumes rose significantly, with 383 million shares changing hands compared to the previous session’s 313 mi…