Arif Habib Limited And PSX Warn Investors Against Surge In Online Financial Scams
Arif Habib Limited and Pakistan Stock Exchange issue warnings to retail investors about fraudulent schemes impersonating licensed firms, urging due diligence and verification on official platforms.
Amreli Steels Secures SECP Approval for Rs1 Billion Share Issuance to Support Debt Restructuring
Amreli Steels Limited has received SECP approval to issue 40 million shares valued at Rs1 billion to sponsor Shayan Akberali, marking a major step in its debt restructuring strategy and financial stabilization plan.
SBP Governor Highlights Need for Integrated Capital Markets to Boost Investments Across Asia
SBP Governor Jameel Ahmad calls for regional cooperation and innovation to build integrated capital markets across Asia, boosting investments, financial resilience, and sustainable growth.
OGDCL Receives Rs. 7.72 Billion Fourth Interest Payment Under Government’s Circular Debt Settlement Plan
Oil & Gas Development Company Limited (OGDCL) has received Rs. 7.72 billion as the fourth interest installment from Power Holding (Private) Limited (PHL) under Pakistan’s circular debt settlement plan, marking continued progress in addressing the financial challenges within the country’s energy sector.
PSX Suffers 2,000-Point Drop as Profit-Taking and Weak Bank Earnings Weigh on Sentiment
The Pakistan Stock Exchange (PSX) experienced a turbulent session on Thursday, with the KSE-100 index plunging nearly 2,000 points due to widespread profit-taking ahead of the futures rollover week and lackluster bank earnings that dampened investor confidence.
Habib Metropolitan Bank Records Rs17.76 Billion Profit in 9MFY25 Despite Cost Pressures and Tax Hike
Habib Metropolitan Bank Limited (PSX: HMB) posted a consolidated profit after tax of Rs17.76 billion for 9MFY25, marking a 9.7% decline year-on-year. Despite rising operating expenses and higher taxation, the bank sustained growth in non-mark-up income, driven by strong gains on securities and higher foreign exchange earnings.
Meezan Bank Posts 11% Decline in Q3CY25 Profit Amid Rising Costs and Lower Income
Meezan Bank Limited, Pakistan’s largest Islamic bank, reported an 11% year-on-year decline in profit after tax for the third quarter of CY25, citing higher operating expenses and lower net returns.
PSX to Host International Capital Market Conference & Expo 2025 in Karachi
The Pakistan Stock Exchange (PSX) is set to host the International Capital Market Conference & Expo 2025 in Karachi, bringing together financial regulators, investors, and fintech leaders to discuss market innovation, growth, and regional integration while showcasing the latest developments in Pakistan’s financial ecosystem.
Soneri Bank Profit Falls 31% to Rs3bn in 9MFY25 Despite Higher Total Income
Soneri Bank Limited reports a 31% decline in profit after tax to Rs3.30 billion in 9MFY25 despite a rise in total income. Higher operating costs and taxation impacted profitability, even as gains on securities and non-mark-up income provided some support.
JazzCash and KTrade Securities Partner to Enable Real-Time Stock Trading Through Mobile Wallets
JazzCash and KTrade Securities partner to launch real-time stock trading within the JazzCash app, allowing users to invest directly in PSX-listed stocks and promoting financial inclusion through digital innovation.