Author Name : MG News
Govt reaffirms commitment to business-friendly reforms
The government has reaffirmed its commitment to fostering a business-friendly environment and improving the ease of doing business through the National Industrial Policy, which is focused on strengthening local industries, boosting productivity and encouraging investment-driven growth.
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Sindh govt courts Chinese investment in infrastructure, PPP
Sindh government has invited China's Shandong High-Speed Group Company Limited to explore investment opportunities in the province's infrastructure and public-private partnership (PPP) projects, with Chief Minister Syed Murad Ali Shah reaffirming the provincial government's commitment to facilitating foreign investors.
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Oil falls 3% but remains on track for 10% weekly gain
Oil prices fell nearly 3% in early trading on Friday, although crude remained on course to post a weekly gain of about 10%, as escalating military tensions between the United States and Iran continued to fuel concerns over global energy supplies.
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WAVES plans fresh investment in Waves Home Appliances
The board of directors of Waves Corporation Limited (PSX: WAVES) in its meeting held on July 24, 2026 decided to make further investment in Waves Home Appliances Limited (WAVESAPP), including investment in its upcoming rights issue.
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PM Shehbaz reaffirms commitment to equal development of provinces
Prime Minister Shehbaz Sharif has reaffirmed the federal government's commitment to equal development across all provinces, telling the Balochistan National Workshop in Islamabad that additional funds have been earmarked for the province's development.
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Pakistan PVC appeals benami ruling on Ensena stake
Pakistan PVC Limited (PSX: PPVC) has received a copy of an order dated May 4, 2026, passed by the Benami Transactions Adjudicating Authority, upholding proceedings initiated by the Initiating Officer in relation to shareholding of the company held by Ensena Holding FZC, which had been alleged to be benami property.
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PSX in FY26: Rides Out the Storm
FY26 will be remembered as another landmark year for Pakistan's equity market. Riding on improving macroeconomic fundamentals and renewed investor confidence, the KSE-100 Index surged by 54,674 points, or 43.52%, to settle at a record 180,301.70 points.
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COMMENTARY ON FINANCE ACT 2026-27
The Finance Bill, 2026 was presented in the National Assembly on 12 June 2026 as part of the Federal Budget 2026–27. Following deliberation and approval by Parliament, the President of Pakistan, under Article 75 of the Constitution of the Islamic Republic of Pakistan, assented to the Bill, which has now become the Finance Act, 2026 and is effective from 1 July 2026.
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Street sees June inflation at 11.68%
Pakistan’s headline inflation for June 2026 is set to ease modestly from May’s reading, according to a consensus of seven brokerage house estimates compiled by Mettis Global, even as base effects keep the year-on-year print elevated in double digits for a third consecutive month.
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KAPCO Investment Analysis: 8 Key Catalysts & Strategic Outlook
Kot Addu Power Company Limited (KAPCO) is at an inflection point driven by eight interlocking catalysts: a reinstated hybrid PPA, an imminent switchyard tariff, a transformational entry into cement via ACPL, a fortress balance sheet generating passive income, a recovering dividend profile, a possible FFC/FF group consolidation bid, credible EPS/dividend estimates for FY26–27, and a credible path to Shariah-compliance.
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SELECT IPO: Buy the Story or Buy the Numbers?
Pakistan's first standalone smartphone assembler is about to test the public market's appetite for a story built on a single customer relationship, a tax-sheltered new factory, and a balance sheet that has burned cash for two of the last three years while reporting a profit.
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State Bank’s nod awaited for TSA settlement: PTC
Pakistan Telecommunications Company Limited (PSX: PTC) has disclosed that the final settlement of its Technical Service Assistance (TSA) agreement liability remains entirely contingent upon receiving formal regulatory approval from the State Bank of Pakistan (SBP).
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 171,021.20 228.53M | -0.42% -718.25 |
| ALLSHR | 103,836.39 572.65M | -0.41% -422.85 |
| KSE30 | 50,951.99 89.47M | -0.52% -264.77 |
| KMI30 | 240,633.87 93.99M | -0.31% -756.80 |
| KMIALLSHR | 66,572.75 300.61M | -0.28% -185.59 |
| BKTi | 48,673.23 31.18M | -0.70% -343.86 |
| OGTi | 33,702.25 6.35M | -0.61% -205.57 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 64,150.00 | 64,215.00 64,115.00 | -65.00 -0.10% |
| BRENT CRUDE | 98.70 | 101.19 95.13 | -1.99 -1.98% |
| RICHARDS BAY COAL MONTHLY | 105.75 | 0.00 0.00 | -1.55 -1.44% |
| ROTTERDAM COAL MONTHLY | 121.10 | 121.10 121.10 | 0.70 0.58% |
| USD RBD PALM OLEIN | 1,175.00 | 1,175.00 1,175.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 90.47 | 92.83 87.68 | -1.72 -1.87% |
| SUGAR #11 WORLD | 14.76 | 14.79 14.54 | 0.07 0.48% |
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