The KSE100 declined c.2.3% MoM in July, beginning FY27
IMS Research has released a report on the PSX's performance in July 2026. The KSE100 declined c.2.3% MoM in July, beginning FY27 on a weaker footing as renewed escalation in…
EXIDE declined by 30%YoY to PkR432mn (EPS:PkR55.6) in MY26
Exide Pakistan Ltd. held its analyst briefing today to discuss MY26 results and the future outlook of the company. The following are the key highlights. · To recall, earnings declined by…
Service Industries announces formation of new subsidiary for tyre expansion
Service Industries Limited (SIL) has informed the Securities & Exchange Commission of Pakistan (SECP) that its wholly owned subsidiary, Service Tyres (Private) Limited (STPL), plans to establish another wholly owned…
Supernet Technologies advances with Rs915 million rightsi Issue approved by the Board
Supernet Technologies Limited (PSX: STL) has approved a rights issue of approximately Rs914.77 million to enhance its capital base and support its growing technology projects. The company will issue 91,476,554…
Select Technologies successfully completes IPO, raising PKR 3.02 billion
Select Technologies Limited ("SELECT"), a leading Pakistani technology company engaged in the manufacturing and assembly of smartphones and consumer appliances, has successfully completed its Initial Public Offering ("IPO"), receiving a…
PSO is well-positioned for sustainable earnings growth: AL Habib Capital Markets
AL Habib Capital Markets Pvt Ltd has re-initiated coverage on Pakistan State Oil (PSO) with a BUY rating and a target price of PKR 447/share by June 2027, implying a…
PSX initiates public consultation on its first sustainability index
Pakistan Stock Exchange Limited (PSX) released a Concept Paper on the PSX Sustainability Index (PSI), marking a defining milestone in Pakistan's journey toward mainstream sustainable finance. The PSI is a…
SECP, in collaboration with PSX, conducts a webinar on promoting transparency
The Securities and Exchange Commission of Pakistan (SECP), in collaboration with the Pakistan Stock Exchange Limited (PSX), conducted a webinar on Promoting Transparency and Market Integrity: “Prudential and AML/CFT Compliances”,…
Select IPO oversubscribed by 3.2 times
Select Technologies Limited’s Initial Public Offering book-building process was fully subscribed at Rs34 per share, above the floor price of PKR 28 per share. The Company offered 66.67 million ordinary…
Select Technologies IPO book-building opens at PSX today
Book-building for the Initial Public Offering of Select Technologies Limited, a wholly owned subsidiary of Air Link Communication Limited, opens today at the Pakistan Stock Exchange and will continue on…
Select Technologies IPO registration opens; book building scheduled for June 22-23
Registration of eligible investors for the Initial Public Offering (IPO) of Select Technologies Limited commenced on 17th June and will continue until 3 pm June 23, 2026, ahead of the…
PSX: Heavy trading was seen in Service Long March (189.4M shares) today
The Pakistan Stock Exchange (PSX) ended Wednesday’s session on a mixed note, with the benchmark KSE-100 Index edging up 118 points to close at 180,511.02, supported by strength in energy…
Listing of Service Long March Tyres Limited’s on PSX
In a historic achievement for Pakistan’s Industrial and Manufacturing sector, Service Long March Tyres Limited (“SLM”) has successfully completed its Initial Public Offering (“IPO”), receiving an overwhelming response from investors…
The KSE-100 Index settled at 172,400 points, up 1.13% WoW (1,921 points)
The KSE-100 Index settled at 172,400 points, up 1.13% WoW (1,921 points), as market activity remained measured ahead of the upcoming budget announcement, with US-Iran nuclear talks remaining inconclusive. Auto…
Service Long March Tyres Limited to be Listed on PSX on June 15
The Pakistan Stock Exchange (PSX) will hold a Gong Ceremony on Monday, June 15, 2026, to celebrate the listing of Service Long March Tyres Limited (SLM). Mr. Muhammad Aurangzeb, the…
PSX closed in the red on Wednesday
The Pakistan Stock Exchange (PSX) closed in the red on Wednesday as selling pressure dragged all major indices lower. The benchmark KSE-100 Index fell 831 points to close at 170,190,…
Supernet Technologies Board approves potential rights issue plan
The Board of Directors of Supernet Technologies Limited has approved, in principle, a potential rights issue of ordinary shares. This decision was made during a meeting on June 1, 2026,…
Pakistan Food – Profitability rebounds in 1QCY26 on demand recovery
Food sector’s profitability grew 15%YoY in 1QCY26 on higher sales amid improved margins along with a decline in finance costs. The sector’s gross margins expanded amid improving demand, and easing…
The PSX witnessed bullish momentum during the outgoing week
The market witnessed bullish momentum during the outgoing week, with the benchmark KSE-100 Index gaining 8,122pts or 5.0% WoW to close at 171,116pts on Friday, while ADTV declined by 9.7%…
DLL reported standalone earnings of PkR16.9bn (PkR211.0/sh) in CY25
Dawood Lawrencepur Ltd. (DLL) held its corporate briefing session today to discuss CY25 & 1QCY26 financial results and future outlook. Key takeaways from the call are as follows: · Company reported…
PSX index target has been revised down to 187,000 from 203,000
Topline Pakistan Research has released a significant report on rising oil prices, highlighting their implications for Pakistan's economy. The analysts project that inflation will average 9-10% over the next 12…
KSE-100 Index Profitability – 9MCY26 – Earnings rose 8.8% YoY to PKR 1.2trn
The KSE-100 index's profitability increased by 8.8% YoY in 9MFY26, reaching PKR 1,243bn, driven by gains in several sectors: Banks (3%), Cements (7%), Investment Banks (167%), Leather (165%), Textile Composite…
PSo saw a surge in gross margins amid inventory gains in 3QFY26
IMS Research has published a report on Pakistan State Oil (PSO) covering 3QFY26, which shows that inventory gains drove a surge in gross margins. Pakistan State Oil (PSO) posted 3QFY26…
Service Long March Tyres announced an IPO to raise up to Rs 7.8 billion
Service Long March Tyres Limited has announced an Initial Public Offering (IPO) to raise up to Rs 7.8 billion for its expansion into the passenger car radial tyre segment. The…
ENGROH’s 1QCY26 financial results beat market expectations
AKD Research has published a report on ENGROH's 1QCY26 financial results today. In a nutshell, earnings exceeded expectations, driven by higher other income. Engro Holdings Ltd. (ENGROH) announced its 1QCY26…