Profit-taking was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index shedding over 1,200 points during the intra-day of trading on Monday. At 12:15pm, the benchmark index was hovering at 167,788.69, a decrease of 1,201.38 points or 0.71%. Selling was observed in key segments including automobile assemblers, cement, commercial banks, oil and gas exploration compan
The Board of Directors of Amreli Steels Limited has approved the issuance of up to 40 million ordinary shares for cash consideration at Rs25 per share, aggregating to Rs1 billion. The issuance, to be made other than by way of a rights issue, was approved during the company’s board meeting held on October 3, 2025, read a notice to the Pakistan Stock Exchange (PSX) on Monday. As per the notice
Australian shares rose to a six-week high on Monday, driven by gains in index heavyweight financials and gold stocks, while Wall Street’s strong rally at the end of last week also lifted investor sentiment. The S&P/ASX 200 index climbed 0.3% to 9,017.20 by 2338 GMT, crossing the 9,000 key psychological level for the first time since August 25.Financials rose 0.5%, with top lender Commonwealth B
The Khyber Pakhtunkhwa government has decided to challenge the imposition of federal taxes on the transfer of immovable property in the province in the Supreme Court of Pakistan. Approval in this regard was granted in 39th meeting of the Khyber Pakhtunkhwa cabinet held here with Chief Minister Ali Amin Khan Gandapur. Besides, members of the cabinet, chief secretary, additional chief secretar
Prices of essential food commodities remained firm in the retail market. Most of the daily kitchen items, essentially sugar, cooking oil, flour, pulses, vegetables, live chicken/meat and other sky-high in the retail market, said in a weekly market survey carried out by Business Recorder here on Sunday. Live chicken/meat and products prices remained unchanged whereas farm eggs were being sold