News

PSX: Stocks maintain upward momentum, KSE-100 up 500 points

Buying interest was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining over 500 points during the opening minutes of trading on Thursday. At 9:45am, the benchmark index was hovering at 180,864.26, up by 553.05 points or 0.31%. Buying was seen in key sectors, including cement, commercial banks, fertiliser, OMCs and power generation. Index-heavy stocks, inc

PSX Closing Bell: Bulls Triumph

The Pakistan Stock Exchange (PSX) closed Wednesday's session higher, with the benchmark KSE-100 Index gaining 465 points as buying interest in oil & gas exploration, cement, power, and selected banking stocks helped lift the market. The positive momentum came as investors accumulated stocks across key sectors, with strength in exploration companies providing the biggest support to the benchmark

CEPB FY26 loss shrinks 83%

Century Paper & Board Mills Limited (PSX: CEPB) reported a dramatic 83% reduction in its net losses for the fiscal year ended June 30, 2026, narrowing its loss after taxation to Rs58.29m compared to a net loss of Rs345.42m in the preceding year. Reflecting this sharp recovery trajectory, the company's loss per share (LPS) dropped to Rs0.15 from a loss per share of Rs0.86 in FY25. The signifi

SLGL profit surges 25% to Rs546m in 2HFY26

Secure Logistics-Trax Group Limited (PSX: SLGL) recorded a 25% increase in its net profit for the six months ended June 30, 2026, with profit after tax for the period climbing to Rs546.47m from Rs438.59m in the corresponding period last year. Showing this healthy bottom-line growth, the company's earnings per share (EPS) expanded to Rs1.30 from Rs1.55 in 1HFY25 on a fully diluted basis. The

Pakistan\'s oil output slips 3%, gas production climbs 4% WoW

Pakistan's oil production fell 3.4% week-on-week to 68,194 barrels per day (bopd) during the week of August 1-8, down from 70,625 bopd in the preceding week, primarily on account of lower flows from the Nashpa field. Gas production, meanwhile, rose 4% WoW to 2,939 million cubic feet per day (mmcfd) against 2,825mmcfd a week earlier, led by a revival in output from the Uch field. The data was