Markets

Jazz International Holding Limited (JIHL), a subsidiary of global digital operator VEON Ltd., has completed the acquisition of a controlling stake in TPL Insurance Limited, a publicly listed insurer in Pakistan.Following the completion of the transaction, including a mandatory te...

Select Technologies Limited, a Pakistani technology company that manufactures and assembles smartphones and consumer appliances, has raised PKR 3.02 billion through its initial public offering (IPO) after strong demand from institutional and retail investors.The company offered 8...

Pakistan has set an ambitious target to increase cotton production by 72% to 9.64 million bales during the 2026-27 kharif season, aiming to recover from last season's output of 5.6 million bales, according to the government's production plan.The plan targets cotton cultivation on...

Pakistan's cement sector is expected to stage a stronger recovery in FY2027, with dispatches projected to grow by 7% to 9% as lower interest rates, improving macroeconomic conditions and a rebound in construction activity support demand.In this episode of Stock Watch, powered by ...

Pakistan's stock market investor base grew 48% over the past year, with more than 190,000 new investors joining, the Securities and Exchange Commission of Pakistan said Wednesday. The total investor count has now crossed 583,000. Young Pakistanis accounted for most of the new reg...

The Naya Nazimabad Apartment REIT (NNAR) will offer a 15% stake to investors through an Offer for Sale (OFS) ahead of its planned listing on the Pakistan Stock Exchange (PSX), seeking to broaden its investor base and comply with regulatory listing requirements, according to the o...

Pakistan's Multan Electric Power Company (MEPCO) has returned to profitability after reducing accumulated losses by PKR 34.95 billion over the past two years, marking a financial turnaround of more than PKR 37 billion, the Power Division said Tuesday.According to a Power Division...

Pakistan’s Ministry of Finance has completed development of a mobile application to register retailers under the government’s fixed tax scheme, with the final version expected to be launched next week as authorities step up efforts to broaden the tax base, official sources said.A...

Cnergyico PK Ltd. has booked its first cargo of U.S. crude oil for fiscal year 2026-27, with the shipment expected to arrive in July, as Pakistan’s largest refinery by capacity continues efforts to diversify its crude sourcing despite challenging market conditions.The company imp...

The US–Iran deal has finally materialized, triggering a sharp correction in international oil prices and helping boost market sentiment this week.Investor confidence was further supported by the State Bank of Pakistan’s decision to maintain the policy rate, alongside a better-tha...