The Pakistan Stock Exchange (PSX) closed Wednesday's session higher, with the benchmark KSE-100 Index gaining 465 points as buying interest in oil & gas exploration, cement, power, and selected banking stocks helped lift the market. The positive momentum came as investors accumulated stocks across key sectors, with strength in exploration companies providing the biggest support to the benchmark
Century Paper & Board Mills Limited (PSX: CEPB) reported a dramatic 83% reduction in its net losses for the fiscal year ended June 30, 2026, narrowing its loss after taxation to Rs58.29m compared to a net loss of Rs345.42m in the preceding year. Reflecting this sharp recovery trajectory, the company's loss per share (LPS) dropped to Rs0.15 from a loss per share of Rs0.86 in FY25. The signifi
Secure Logistics-Trax Group Limited (PSX: SLGL) recorded a 25% increase in its net profit for the six months ended June 30, 2026, with profit after tax for the period climbing to Rs546.47m from Rs438.59m in the corresponding period last year. Showing this healthy bottom-line growth, the company's earnings per share (EPS) expanded to Rs1.30 from Rs1.55 in 1HFY25 on a fully diluted basis. The
Pakistan's oil production fell 3.4% week-on-week to 68,194 barrels per day (bopd) during the week of August 1-8, down from 70,625 bopd in the preceding week, primarily on account of lower flows from the Nashpa field. Gas production, meanwhile, rose 4% WoW to 2,939 million cubic feet per day (mmcfd) against 2,825mmcfd a week earlier, led by a revival in output from the Uch field. The data was
Asian stocks rose on Thursday after US inflation data came in as expected, dampening expectations of further near-term Federal Reserve rate hikes, while oil held near $80 a barrel as Washington and Tehran remained deadlocked over efforts to end the Gulf war. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.97%, led by South Korean shares jumping 4.4%. Japan’s Nikkei gained 1.8