News

Selling engulfs bourse, KSE-100 down 1,900 points

Selling pressure engulfed the Pakistan Stock Exchange (PSX) amid escalating geopolitical tensions, with the benchmark KSE-100 Index shedding over 1,900 points during the opening minutes of trading on Monday. At 9:30am, the benchmark index was hovering at 168,565.62, down by 1,913.32 or 1.12%. Selling pressure was observed in key sectors, including automobile assemblers, cement, commercial ba

Airlink Communication Limited officially launches Hisense in Pakistan, marking a new era for consumer electronics in the country

Airlink Communication Limited, Pakistan’s leading technology manufacturer and distributor, a public listed company with a market cap of more than 200 million, has formally launched Hisense in Pakistan, a landmark moment for the country’s consumer electronics industry and a vote of confidence in Pakistan’s growing stature as a regional technology manufacturing hub. Hisense is a global technology

SECP slaps Rs3.18m penalties on ‘non-compliant’ SOEs

The Securities and Exchange Commission of Pakistan (SECP) has concluded enforcement proceedings against 36 State-Owned Enterprises (SOEs), imposing monetary penalties totaling Rs 3.18 million through 46 adjudication orders, while issuing warning orders in 12 cases. In March 2026, the SECP issued 66 Show Cause Notices (SCNs) to 41 State-Owned Enterprises (SOEs) for non-compliance with statutory

Global airlines slash 2026 profit forecast on fuel shock from Iran war

The global airline industry nearly halved its 2026 profit forecast on Sunday, citing conflict in the Middle East that has driven up fuel costs, disrupted key air corridors and exposed the fragility of a sector operating on thin margins. The International Air Transport Association, which represents more than 370 airlines accounting for about 85% of global air traffic, said in its annual report t

Weekly Cotton Review: New crop season brings mixed price trends

Pakistan’s cotton sector is navigating a turbulent period as the new crop season brings mixed price trends, tightening supplies, and record-low cultivation figures that have collectively raised alarm across the textile industry. The overall trading activity in seed cotton has once again become restricted due to declining supply, compounding the challenges already facing one of the country’s most v