Stock Market Pakistan
Pearl Continental Owner Clarifies Hotel Business Split Rumors
Pakistan Services Limited, the owner and operator of Pearl Continental Hotels, has addressed reports circulating on social media about a possible split of its hotel business. The company has denied having any knowledge of the reported development, saying it had not received information regarding an alleged breakup of the business. In a clarification submitted to […]
Hub Power FY26 Profit Rises to Rs. 48.6 Billion on Stronger BYD Contribution
Hub Power Company Limited (PSX: HUBC) has reported a strong financial performance for fiscal year 2026, with its profit after tax (PAT) reaching Rs. 48.6 billion. The result represents an 8 percent increase from the Rs. 46 billion recorded in the previous fiscal year. The improved annual earnings were supported by stronger contributions from the […]
SECP Approves Rs. 1.16 Billion Capital Raise for Apna Microfinance Bank
Apna Microfinance Bank Limited has received approval from the Securities and Exchange Commission of Pakistan (SECP) to raise Rs. 1.16 billion through the issuance of new ordinary shares, marking a significant development for the bank’s capital strengthening efforts. The approval allows the microfinance institution to issue approximately 116.06 million ordinary shares against share deposit money. […]
Bulls Rally Pushes Pakistan Stock Exchange Past 172,000 Milestone
The Pakistan Stock Exchange (PSX) witnessed a strong bullish turnaround on Friday as investor optimism surged, propelling the benchmark KSE-100 Index beyond the historic 172,000-point level. The rally reflected renewed confidence in Pakistan’s economic outlook, supported by positive macroeconomic signals and strong sectoral participation. During intraday trading, the KSE-100 Index climbed sharply by 1,295.19 points […]