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…
Geopolitical tensions impacted the KSE-100 index
AHL Research's weekly report on PSX noted that geopolitical tensions impacted the KSE-100 index, which declined by 2% WoW to 170,672 points amid delays in US–Iran negotiations. Oil prices rose…
NCL – 3QFY26 Result review – Earnings surge on margin expansion
Nishat Chunian Ltd. (NCL) announced its 3QFY26 results, reporting a profit of PkR642mn (EPS: PkR2.7), up 33%YoY compared to PkR481mn (EPS: PkR2.0) in SPLY. The result came in higher than…
SYS continued to gain traction, with its share in Pakistan’s IT exports edging up to 6.9%
IMS Research has released a report on Systems Ltd (SYS), which reported consolidated 4QCY25 NPAT of PKR3.1bn (EPS: PKR2.1), marking a 53% YoY and 11% QoQ increase, bringing CY25 earnings…
A review on the blood path in PSX on Monday
The Pakistan Stock Exchange (PSX) remained under intense selling pressure on Monday, as the benchmark KSE-100 Index extended its losses amid heightened geopolitical uncertainty, rising global oil prices, and concerns…
ENGROH announces share buyback of 45mn shares
ENGROH’s board has approved the buyback of up to 45mn ordinary shares through PSX at spot prices for the purpose of cancellation. This represents 3.7% of total outstanding shares and…
PSX market volatility persisted this week, mainly shaped by Middle-East conflict
Market volatility persisted this week, mainly shaped by Middle-East conflict and resulting fluctuations in int’l oil prices. Benchmark index declined by 1,033pts or 0.68%WoW to close at 151,708pts on Friday.…
PSX remained volatile throughout the week amid persistent military conflict in the Middle East
The market remained volatile throughout the week amid persistent military conflict in the Middle East, driving volatility in international oil prices. The benchmark index declined by 1,126pts or 0.7% during…
The future trend of PSX is likely to be influenced by developments in the ongoing Middle East conflict
Market sentiment remained subdued during the week, due to the escalation of military conflict between the U.S./Israel and Iran, alongside tensions on the Pakistan–Afghanistan border. Consequently, the index declined by…