Sitara Petroleum Service Limited Achieves Record Subscription and Cap Price in Landmark Pakistan Stock Exchange IPO
Sitara Petroleum Service Limited sets a record on the Pakistan Stock Exchange by reaching its IPO cap price in ten minutes, raising billions for fuel station and logistics expansion.
Pakistan Stock Exchange Braces for Volatile May as IMF Decision and Geopolitical Shifts Shape Investor Sentiment
The KSE-100 index faces a pivotal month in May 2026 with a $1.2 billion IMF tranche approval and shifting global dynamics expected to drive market performance and liquidity.
Dubai Islamic Bank Pakistan Finances FCCL and KAPCO Acquisition of Attock Cement
DIBPL arranges $76 million in Shariah-compliant financing for the FCCL and KAPCO consortium to acquire a majority stake in Attock Cement Pakistan Limited.
Government of Pakistan Raises Rs114 Billion Through Third Hybrid Sukuk Auction
The Ministry of Finance successfully raised Rs114.347 billion via a Hybrid Sukuk auction at PSX, reflecting strong demand for Shariah-compliant instruments.
SECP Grants Approval for Strategic Roadmap to Revitalize Pakistan ETF Market
The Securities and Exchange Commission of Pakistan has approved a phased roadmap to boost the ETF market through digital onboarding, lower costs, and direct AMC sales.
Securities and Exchange Commission of Pakistan Approves Comprehensive Reform Roadmap for Exchange Traded Funds
The SECP grants in-principle approval for a phased ETF reform roadmap to enhance market liquidity and investor access through direct AMC offerings and broker incentives.
Engro Polymer and Chemicals Appoints Ahsan Zafar Syed as Chairman and Abdul Qayoom as CEO
Engro Polymer and Chemicals Limited has officially appointed Ahsan Zafar Syed as Chairman and Abdul Qayoom as CEO following the recent election of directors.
Soneri Bank Reports 16.72 Percent Profit Growth in First Quarter of 2026 Driven by Non Funded Income
Soneri Bank Limited achieves Rs1.34 billion profit in Q1 2026 as surging non-funded income and foreign exchange gains offset a contraction in net mark-up margins.
Sindh High Court Sanctions Merger of Crescent Star Foods into PICIC Insurance Limited
PICIC Insurance Limited to issue 7.9 billion shares as Sindh High Court approves merger with Crescent Star Foods under a modified scheme of arrangement.
State Bank of Pakistan Expected to Maintain Policy Rate at 10.5 Percent Amid Global Uncertainty
Market analysts and financial institutions predict the State Bank of Pakistan will hold the policy rate at 10.5 percent during Monday’s MPC meeting.