Author Name : MG News
One jobs number crashed everything
A far stronger-than-expected US labour market reading on Friday set off a sweeping risk-off move across global asset classes, sending stocks, gold, oil, and cryptocurrencies lower simultaneously as investors rapidly repriced the Federal Reserve's rate path.
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ECC approves Rs40bn+ in TSGs, unlocks key development spending
The Economic Coordination Committee (ECC) on Friday approved a series of technical supplementary grants (TSGs), development allocations, and policy measures involving more than Rs40 billion, while also clearing key proposals related to Pakistan State Oil (PSO), refinery sector reforms, and infrastructure development.
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SECP fines 36 SOEs Rs3.2m for governance, reporting failures
The Securities and Exchange Commission of Pakistan (SECP) has concluded enforcement proceedings against 36 State-Owned Enterprises (SOEs), imposing monetary penalties totaling Rs3.175 million through 46 adjudication orders, with warning orders issued in 12 additional cases.
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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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Sitara Petroleum: The IPO That Glitters, But Does It Hold?
Sitara Petroleum Services Limited (SPSL) is pitching a transformation story that feels almost too good to ignore. Revenue tripled in a year. Net profit surged an eye-catching 1,370%. Shares are being offered at a floor price of PKR 13.50, marketed as a steep discount to a ‘fair value’ of PKR 22.83. On the surface, it reads like a rare bargain in Pakistan’s energy space.
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PSX rebounds in April after brutal slide
After enduring back-to-back double-digit monthly losses, the sharpest in years, Pakistan's equity market staged its most decisive single-month rebound of FY26 in April, fuelled first by geopolitical hope and then by the resilient conviction of local investors who refused to let the market fall further.
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The Exit That Keeps Giving — But Not to You
When Pak Suzuki Motor Company (PSMC) delisted from the Pakistan Stock Exchange in April 2024 at Rs609 per share, a price its own management proposed at Rs406 before a belated 50% bump, minority shareholders were told they were being offered a "fair exit."
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 170,478.94 174.95M | -0.41% -696.57 |
| ALLSHR | 102,885.54 725.60M | -0.29% -297.60 |
| KSE30 | 50,877.61 79.52M | -0.67% -344.88 |
| KMI30 | 243,917.86 73.26M | -0.62% -1524.88 |
| KMIALLSHR | 66,743.35 311.96M | -0.35% -234.16 |
| BKTi | 46,317.47 21.24M | -0.81% -377.00 |
| OGTi | 35,218.63 5.39M | -1.33% -473.03 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 62,490.00 | 62,490.00 59,600.00 | 1975.00 3.26% |
| BRENT CRUDE | 92.78 | 95.90 92.67 | -2.25 -2.37% |
| RICHARDS BAY COAL MONTHLY | 122.00 | 122.00 121.00 | -0.75 -0.61% |
| ROTTERDAM COAL MONTHLY | 134.35 | 138.25 134.00 | 0.30 0.22% |
| USD RBD PALM OLEIN | 1,157.50 | 1,157.50 1,157.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 90.25 | 93.63 89.68 | -2.79 -3.00% |
| SUGAR #11 WORLD | 14.12 | 14.50 14.09 | -0.15 -1.05% |
Chart of the Day
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Pakistan Stock Movers
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