Faysal Bank Reports 23% Decline in Half-Year Profit as Expenses Rise
Faysal Bank Limited reported a 23% drop in profit after tax to Rs10.42 billion for the first half of 2025, as rising operating expenses and weaker returns weighed on earnings despite growth in fee and forex income.
Soneri Bank Earnings Slip 22% in H1 2025 Despite Income Growth
Soneri Bank reported a 22% drop in profit after tax to Rs 2.49 billion for H1 2025, despite 14% growth in income. Rising expenses, tax pressures, and weaker forex earnings weighed on results.
SECP Launches Infrastructure Mutual Funds to Bridge Pakistan’s $15 Billion Financing Gap
The Securities and Exchange Commission of Pakistan (SECP) has introduced a new category of mutual funds, Infrastructure Schemes, to mobilize domestic savings and bridge the $15 billion annual infrastructure financing gap. The initiative aims to enhance capital markets, provide structured investment opportunities, and align with national development priorities.
Banking and Fertiliser Sectors Drive Gains as PSX Closes Higher Amid Volatile Session
The Pakistan Stock Exchange closed higher with the KSE-100 index gaining 258 points, led by strength in banking and fertiliser sectors. Despite the positive finish, trading volumes declined as investor sentiment remained cautious amid sectoral divergence and macroeconomic uncertainties.
KSE-100 Crosses 150,000 Milestone in Intraday Trade as Market Sentiment Improves
The KSE-100 Index at the Pakistan Stock Exchange crossed 150,000 points in intraday trade for the first time, driven by investor optimism, government reform measures, and strong sectoral performance across banking, cement, and pharmaceuticals.
BankIslami Rejects Claims of Unusual Share Price Movement, Attributes Gains to Market Interest
BankIslami Pakistan Limited has dismissed speculation over unusual changes in its stock price and volume, stating recent movements are likely tied to general investor interest and market dynamics, not undisclosed developments.
Pakistan Stock Exchange Crosses 133,000 Points Mark Amid Optimism Over Budget and Economic Indicators
The Pakistan Stock Exchange surged beyond 133,000 points in intraday trade, fueled by a supportive tax environment for equities, easing inflation, and improving investor sentiment.
PSX Shines with OGDC, UBL, MARI, MEBL and FFC Each Topping $2 Billion Market Cap
The Pakistan Stock Exchange continues its bullish run with five companies now valued above $2 billion, led by OGDC and UBL, highlighting investor optimism amid strong macro trends.
PSX Soars Past 131,000 Amid Institutional Buying and Economic Resurgence
Pakistan’s stock market continued its record-breaking momentum as the KSE-100 index surged past 131,000, fueled by a stronger rupee, rising reserves, and robust institutional buying. Market experts highlight optimism around macroeconomic stability and upcoming earnings as key drivers of this extended rally.
SECP Proposes Faster Approvals for Right and Bonus Shares to Boost Corporate Efficiency
The SECP has proposed sweeping changes to speed up approvals for right and bonus share issuances in Pakistan, aiming to streamline corporate processes and strengthen market transparency.