Business News

Karachi: The stock market faced a downturn as key indices, KSE30 and KSE100, registered significant declines on Wednesday. The KSE30 fell by 524.48 points to close at 48,334.92, while the KSE100 decreased by 1,635.97 points, ending the day at 158,465....

Karachi: In a significant financial turnaround, Mughal Iron and Steel Industries Ltd. (MUGHAL) is expected to report a substantial increase in earnings for the first quarter of fiscal year 2026, according to a preview by JS Global. The company is anti...

Lahore: Nishat Chunian Ltd. (NCL) has reported a significant increase in its financial performance for the first quarter of fiscal year 2026. The company announced earnings of PkR522 million, with earnings per share (EPS) of PkR2.18, a substantial ris...

Karachi: The State Bank of Pakistan has released its latest weighted average customer exchange rates, showing relative stability in the buying and selling rates of major international currencies. The report, published by the Domestic Markets and Monet...

Karachi: The Exchange Companies Association of Pakistan reported fluctuations in currency exchange rates on October 29, 2025, with the USD and EURO experiencing slight increases. The USD was recorded at a buying rate of 281.46 and a selling rate of 28...

Karachi: Fauji Fertilizer Company Ltd. (FFC) announced its financial results for the first nine months of calendar year 2025, revealing an increase in earnings despite a downturn in urea sales. The company reported standalone earnings of PkR57.6 billi...

Karachi: Pakistan Petroleum Limited (PPL) has reported a 15% year-on-year decrease in its earnings per share for the first quarter of fiscal year 2026, attributed mainly to reduced hydrocarbon production. The company's earnings for the quarter amounte...