Friday, December 19, 2025
The Pakistan Stock Exchange (PSX) extended its bullish momentum on Thursday, buoyed by strong institutional buying, renewed interest in blue-chip stocks, and investor optimism. The benchmark KSE-100 Index surged 2,285 points or 1.68 percent to a new all-time closing high of 138,665.50 points as compare to its previous close of...
Pakistan, Afghanistan, and Uzbekistan have signed the Trilateral Framework Agreement on the Joint Feasibility Study for the Naibabad–Kharlachi rail link under the Uzbek–Afghan–Pak (UAP) Railway Corridor in Kabul on Thursday. Deputy Prime and Foreign Minister Ishaq Dar witnessed the signing ceremony of UAP Rail Project along with Afghan and Uzbek...
The Overseas Investors Chamber of Commerce and Industry (OICCI) is deeply saddened by the tragic loss of lives and widespread devastation caused by recent flash floods and torrential rains in various parts of Pakistan. Our thoughts and prayers are with the victims, their families, and the many communities facing...
Honor has officially introduced the X70, a mid-range smartphone built for extended battery life and environmental durability. The device features a high-capacity 8,300 mAh silicon-carbon battery, IP-rated protection, and a high-brightness AMOLED display. The phone is available in China with no word on international availability. Design and Display The X70 is...
The Pakistani rupee (PKR) closed in red 2nd day in a row against the US Dollar (USD) but more gains against the British Pound (GBP) on Thursday. On a day-on-day (DoD) basis, the interbank rate stayed at 285/$ most of the day before closing at the 284 level. Open market...
Security Leasing Corporation Limited (SLCL) said on Thursday that it was currently in the process of concluding some other settlement with regard to restructuring and revival of the SLCL. “We are pleased to share an update on the substantial progress made in the restructuring and revival of SLCL, along with...
Kohinoor Textile Mills Limited (KTML) has informed the exchange that its Board of Directors (BoD) has proposed the sub-division of equity shares subject to shareholder approval. “The board has recommended the sub-division of the company’s ordinary shares by reducing the face value from Rs10/- to Rs2/- per share, in accordance...
Revoo Pakistan, the fastest-growing electric motorcycle brand from Transsion Holdings in Pakistan, hosted its much-anticipated Dealers Conference 2025 at the prestigious PC Hotel, Lahore. The event was graced by Revoo’s strategic partner Transsion Tecno Motors (TTM) — the brand’s official local assembler and national distributor — alongside top dealers from...
BYD Pakistan is about to bring something new and exciting to the local automobile market with the launch of its Shark 6 Plug-in Hybrid Electric Vehicle (PHEV). The official launch is scheduled for July 25, 2025. This new vehicle is not just another pickup truck—it is Pakistan’s very first...
The International Monetary Fund (IMF) has asked the Ministry of Finance and the State Bank of Pakistan (SBP) to sit together and find a way forward for financing the Pakistan Remittances Initiative (PRI) - a scheme for facilitating remittances through formal channels. This was revealed by the finance secretary, while...