Muhammad Farrukh Moves to Acquire Majority Stake and Absolute Corporate Control of Al Shaheer Corporation
Business tycoon Muhammad Farrukh announces a public intention to acquire over 53 percent stake in Al Shaheer Corporation Limited through a structured share purchase agreement.
OGDC Stock Price Achieves New Historical Milestone Amid Strong Production Recovery
Oil and Gas Development Company Limited hits a record high share price of 337.20 rupees on the Pakistan Stock Exchange as exploration production rebounds.
KSE One Hundred Index Jumps Over Four Thousand Points After US Iran Truce Eases Global Oil Pressures
The Pakistan Stock Exchange KSE-100 index posted a historic single day surge of 4,639.92 points on Monday as a preliminary peace agreement between the United States and Iran restored global investor sentiment.
Foreign Enterprises Repatriate One Hundred and Seventy Two Million Dollars in Profits and Dividends During April
Central bank data shows foreign companies operating in Pakistan increased profit and dividend repatriation by forty two percent in April led by the financial sector.
AKD Securities Withdraws PAI for 6.02% Stake in Escorts Investment Bank
AKD Securities has withdrawn its public announcement to acquire up to 6.02% of Escorts Investment Bank after the statutory deadline expired, citing pending conditions under the share purchase agreement.
AKD Securities Triples Revenue Amid Pakistan’s Bullish Stock Market
AKD Securities Ltd. has reported a threefold increase in revenue for FY25, driven by soaring trading volumes, bullish valuations, and strong performance of its own investment portfolio, reflecting renewed confidence in Pakistan’s equity markets.
Banking sector expected to deliver strong double-digit returns through 2026 amid easing rates and digital expansion
Pakistan’s banking sector is set to maintain strong performance through 2026 as easing monetary conditions, deposit growth, and digital transformation drive earnings momentum, with major banks projected to deliver double-digit returns.
PSX Surges by Over 1,500 Points Following Federal Budget Approval and Geopolitical Relief
The Pakistan Stock Exchange witnessed a surge of nearly 1,600 points following the federal budget’s approval and easing geopolitical tensions, reflecting strong investor confidence and hopes of economic stability.