Investor confidence dipped at the Pakistan Stock Exchange (PSX) on Wednesday as the KSE-100 index opened in the red and remained in the same zone, with selling pressure spreading across major sectors amid elevated oil prices and Middle East supply disruptions. The benchmark index lost 1,370.52 points, or 0.81%, to close at 168,021.80. During the day, it traded between the high of 169,382.01 and
Pakistan’s benchmark KSE-100 Index reversed Tuesday’s gains on Wednesday, falling 1,370.52 points or 0.81% to close at 168,021.80, as profit-taking and renewed selling across banks, fertilizer and cement stocks weighed on the market. The decline came after the previous session’s strong rebound, with investors booking gains and trimming positions in key index-heavy stocks. Selling pressure remai
he cement sector showed stable performance in the fiscal year 2026, as it continued to transition from stabilization towards growth. The KSE-100 listed sector recorded a 13% YoY growth in net profits, which clocked in at Rs143bn as against Rs126bn in the previous fiscal year. LUCK, BWCL, and FCCL collectively represented 62% of the cement sector’s total profitability in FY26. LUCK stood o
Millat Tractors Limited (PSX: MTL) recorded a 28% increase in its consolidated net profit for the year ended June 30, 2026, with profit after tax for the year climbing to Rs8.07bn from Rs6.32bn in the corresponding period last year. Showing this healthy bottom-line growth, the company's basic and diluted earnings per share (EPS) expanded to Rs20.23 from Rs15.85 (restated) in FY25. The Board
Naya Nazimabad Apartment REIT has commenced trading on the Main Board of the Pakistan Stock Exchange from today, Thursday, September 17, 2026, with settlement on a T+1 basis and the first settlement date falling on Friday, September 18, 2026. The exchange has assigned NNAR as the REIT Scheme's market symbol, with a market lot of one unit of Rs10 each, while the opening price has been fixed at R