Islamabad: Minister for Climate Change Musadik Malik has announced that an effective plan will be developed under Prime Minister Shehbaz Sharif's Climate Emergency initiative for the upcoming year. This plan aims to mitigate the adverse effects of mon...
Read More »Pakistan Lifts Ban on New Gas Connections, Offers Relief and Challenges
Islamabad: The federal cabinet of Pakistan has lifted the ban on new gas connections, a move that could provide a boost to domestic exploration and production (E and P) companies but at a higher cost to consumers. New connections will be offered at th...
Read More »Stocks Tumble as KSE Indices Show Decline
Karachi: The Pakistan Stock Exchange witnessed a decline in key indices, as reported in the daily stock market update. The KSE30 index closed at 47,720.53, reflecting a decrease of 359.88 points, while the KSE100 index dropped by 879.55 points to fini...
Read More »BNL Sees Earnings Surge Amid Decline in Input Costs
Karachi: Bunny's Limited (BNL) announced a significant recovery in its financial performance during a recent corporate briefing, reporting earnings of Rs150 million in the first nine months of fiscal year 2025. This marks a stark contrast to the Rs106...
Read More »Pakistan Stock Exchange Sees Decline Amid Mixed Performance of Key Stocks
Karachi: The Pakistan Stock Exchange (PSX) experienced a decline in its key indices on the latest trading day, with the KSE100 index dropping by 879.55 points, closing at 156,141.25, and the KSE30 index decreasing by 359.88 points to settle at 47,720....
Read More »Textile Sector Poised For 14% Profit Jump In Fourth Quarter
Islamabad: The Pakistani textile industry is expected to witness a 14% year-on-year increase in profitability during the fourth quarter of fiscal year 2025, primarily driven by a surge in exports, according to AKD Securities. AKD's analysis of the t...
Read More »Interloop Profit Plunges 66% Despite Beating Expectations
Islamabad: Interloop Limited (ILP) reported a significant 66% year-on-year drop in its earnings per share (EPS) to Rs3.96 for the fiscal year 2025, despite exceeding industry forecasts. The textile manufacturer announced a consolidated profit of Rs5.6...
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