The last day of the week showcased movement with significant activity seen in Cement and Steel scrips. The infection ratio seven-day moving average has declined by 10% WoW to 7.1%.…

Pakistan Footwear Manufacturer Association (PFMA) plans to enhance the training facility of the Italy-Pakistan Footwear Technological centre and Pakistan shoe design Hub (IPFTC) in Quaid-e-Azam Business Park in Lahore. The…

· Market added another 341pts during the session today, after gaining traction earlier in the week. Relatively stability in Afghanistan helped investors gain confidence, especially the decision to drop custom…

To celebrate 100 million smartphones sold around the world, the fastest growing smartphone brand realme today announced it is expanding into the affordable high-end segment with the release of two…

The total liquid foreign reserves held by the country stood at US$ 24,668.1 million on 13-Aug-2021. The break-up of the foreign reserves position is as under: - Foreign reserves held…

Continuing its streak of unbeatable International Roaming (IR) offers to cover the majority of the globe, Pakistan's cellular and digital services leader, Zong 4G, has now come up with attractive…

Power generation is up by 6.6% YoY to 15,680 GWh (21,076 MW) during Jul'21, compared to 14,711 GWh (19,773 MW) during Jul'20. The rise in generation is witnessed due to…

Lotte Chemical Pakistan Limited (LOTCHEM) announced its 2QCY21 result today whereby the company posted below-expected earnings of PKR 1.0Bn (EPS: PKR 0.64), up by 48x YoY, taking 1HCY21 profitability to…

Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday said the world should…

Indus Motor Company Limited (INDU) is scheduled to announce its 3QFY21 financial result on August 26th'21. We expect the profitability to increase by 135% YoY to PKR 11,932mn (EPS: PKR…

During FY21, experts expect the company to report a PAT of PKR 23.7bn (EPS: PKR 50.58) compared to loss after tax of PKR 6.5bn (LPS: PKR 13.77) in FY20. This…

Huawei Consumer Business Group (BG) has announced that its game-changing entry-level fitness tracker, HUAWEI Band 6, has been awarded two accolades from top Global media outlets for its outstanding value…

Bank Alfalah, Pakistan's premier financial institution providing both Sharia compliant and conventional banking services, has recently signed a Memorandum of Understanding with Indus Motor Company Limited (IMC) for a joint…

Frieslandcampina Engro Pakistan has informed Pakistan Stock Exchange (PSX) about its Financial Result for 2QCY21, today. It posted 2QCY21 NPAT of PKR867mn (EPS: PKR1.13), double the earnings reported SPLY. This…

DP World Limited has announced strong financial results for the six months to 30 June 2021 with EBITDA growing 18.2% year-on-year. Results Highlights Revenue of $4,945 million (Revenue growth of…

Haleeb Foods has announced the appointment of seasoned marketing professional Muhammad Atif Zubair as the new Head of Marketing in its leadership fold effective from July 2021. In his new…

Airlift Technologies, a pioneer in the recent wave of technology businesses, was started in Pakistan, and built by local entrepreneurs and for local populations. Today, Airlift is announcing an $85…

Foreign Direct Investment in Pakistan increased by US$ 88.8 million in July of 2021 compared $ 55.5 million in same month last fiscal year of 2020, says a monthly report…

The honorable President of Islamic Republic of Pakistan – Dr. Arif Alvi recently made an official visit to Turkey, where he also held a meeting with the Chief Executive Officer…

The Karachi Port Trust handled 186,584 tons of cargo comprising 121,048 Tones of import cargo and 65,536 Tons of export cargo during last 24 Hrs ending at 0700 Hours. TOTAL…

Pakistan Petroleum Limited (PPL) recently kicked-off a COVID-19 vaccination drive for local communities around the company's field locations at Gambat South, Kandhkot, Mazarani, Dhok Sultan and Adhi in districts Sanghar,…

Kot Addu Power Company Limited (KAPCO) announced its FY21 financial result today where the company posted a profit after tax (PAT) of PKR 10,229mn (EPS: PKR 11.62), down by 57%…

Emirates Skywards, the award-winning loyalty programme of Emirates and flydubai, has launched an online subscription platform "Skywards+" to offer its 27 million members easy access to customized rewards and privileges throughout the…

· Market traded in the positive zone after dissipation of the after effects of the situation in Afghanistan. Uptick was observed across the board, with major impact from Power, Cement,…

Huawei Pakistan filed for arbitration in District Courts (West), Islamabad against Business Efficiency Solutions (BES) over ongoing contract disputes. This arbitration resulted in an interim relief order in Huawei's favor.…