Stock Market
Maple Leaf Cement Approves Merger with Pioneer Cement, Pending Regulatory and Shareholder Approval
Maple Leaf Cement Factory Limited (PSX: MLCF) has approved a proposed merger with Pioneer Cement Limited (PSX: PIOC), marking a significant development for Pakistan’s cement industry. The merger scheme was approved by Maple Leaf Cement’s board at its meeting on September 2, 2026. The transaction will still require approval from shareholders, the Lahore High Court […]
PSX Maintains Bullish Momentum, Gains Over 600 Points
The Pakistan Stock Exchange (PSX) continued its upward trend on Thursday, extending its bullish momentum for the second consecutive session as investor confidence strengthened following the staff-level agreement between Pakistan and the International Monetary Fund (IMF) for a $1.2 billion loan package. During intraday trading, the KSE-100 Index surged by 685.25 points, reaching 166,371.63 points, […]