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PKR holds steady against USD
The Pakistani rupee (PKR) increased by 1.17 paisa against the US dollar in Monday’s interbank session to settle the trade at PKR 279.85 per USD, compared to previous closing of 279.86. Throughout the day, the currency saw an intraday high (bid) of 280.3 and a low (ask) of 280.9. In the open market, exchange companies […]
PSX Closing Bell: Red Takes the Lead
The benchmark KSE-100 Index concluded Monday’s trading session at 188,587.66, showing a decrease of 579.16 points or 0.31%. The index traded in a range of 2,764.35 points showing an intraday high of 191,032.73 (+1,865.91) and a low of 188,268.38 (-898.44) points. The Pakistan Stock Exchange surged past a new milestone, with the KSE-100 Index crossing […]
State Bank Announce New Monetary Policy Today Decides To Maintain Interest Rates
The State Bank has announced the monetary policy, it has been decided to maintain the interest rate.Talking to the media in Karachi, Governor State Bank Jamil Ahmed said that the interest rate will remain at 10.5 for 2 months.Jamil Ahmed says that exports are decreasing and imports are increasingBREAKING: The State Bank of Pakistan’s (SBP) […]
QTECH nears start of operations in new line of business
Quantum Data Technologies Limited’s (PSX:QTECH) Board of Directors has expressed satisfaction over the progress and developments related to the Company’s newly adopted line of business, while noting optimism that operations under the new line are expected to commence in the near future. The Board has further reviewed in detail the steps taken toward the new […]
Pakistan, Myanmar reaffirm commitment to enhanced bilateral relations
Pakistan and Myanmar have committed to strengthening their bilateral ties through sustained engagement across multiple sectors for the mutual benefit of both nations. During an official meeting at Pakistan’s Ministry of Foreign Affairs, Deputy Prime Minister and Foreign Minister Senator Ishaq Dar and Myanmar’s Foreign Minister Than Swe discussed ways to enhance collaboration. The Myanmar […]
President Zardari to undertake official visit to UAE
President Asif Ali Zardari will embark on a four-day official visit to the United Arab Emirates from January 26-29, 2026, according to the Press Statement issued by the Ministry of Foreign Affairs (MOFA). This marked a significant step in deepening the strategic partnership between Pakistan and the UAE. The President, accompanied by a high-level delegation, […]
Mari Energies profit declines 6%, keeps dividend intact at Rs8
Mari Energies Limited (PSX: MARI) reported a profit after taxation of Rs28.44bn for the six months ended December 31, 2025, down 6.4% from Rs30.4bn in the corresponding period last year. Earnings per share declined to Rs23.69 compared to Rs25.32. Dividend by the company is declared at Rs8.3 per share. Gross sales increased 4.5% YoY to […]
OGRA extends Clover Pakistan’s Licence till 2036
The Oil & Gas Regulatory Authority (OGRA) has granted a 15-year extension to the lubricant marketing licence of Clover Pakistan Limited, allowing the company to continue operations until September 26, 2036. The information was disseminated through the company’s filing on the Pakistan Stock Exchange (PSX). According to OGRA’s letter, the extension applies to Licence No. OGRA-Oil-19-2-2(233)/2018, originally […]
Auto demand rebounds, earnings on the fast lane
Auto Sector companies including Indus Motor (INDU), Honda Atlas Cars (HCAR), Sazgar Engineering Works (SAZEW) and Millat Tractors (MTL) are set to report strong profitability in 2QFY26, with aggregate earnings projected at Rs14.7 billion, up 35% YoY from Rs10.9bn in 2QFY25. On a quarterly basis, profits are also expected to rise 19%, supported by improving economic […]
Gold price in Pakistan rises Rs10,900 per tola
Gold price in Pakistan increased on Monday, with 24-karat gold being sold at Rs532,062 per tola, up Rs10,900. Similarly, 24-karat gold per 10-gram was sold at Rs456,157 after a gain of Rs9,345, according to rates shared by the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA). The price of 22-karat gold was also quoted higher at […]
