News

PSX Opening Bell: Bulls Storm the Gates

The Pakistan Stock Exchange (PSX) opened the week on a strong note, with the benchmark KSE-100 Index advancing over 2,700 points in early trading as broad-based buying emerged across key sectors, led by commercial banks, cement, oil & gas exploration, and fertilizer stocks. The positive momentum came as investors took cues from easing geopolitical tensions after US President Donald Trump called

PSX keeps banking, oil & gas tradable indices unchanged

The Pakistan Stock Exchange (PSX) has completed the re-composition exercise of its Oil & Gas and Banking Sector Tradable Indices for the review period from January 1, 2026 to June 30, 2026, with no change made to the constituents of either index. The exercise was carried out in accordance with the selection criteria laid out in the exchange's brochure for the two indices, available on the PSX w

Zuma Resources to split shares 5-for-1 after shareholder approval

Zuma Resources Limited (PSX: ZUMA) shareholders have approved sub-dividing the company's ordinary shares from a face value of Rs10 each to Rs2 each, splitting each existing share into five ordinary shares, at an Extraordinary General Meeting held on August 1, 2026, at the company's registered office. The resolution passed under Section 85(1)(c) of the Companies Act, 2017, keeps the company's to

Kohinoor Textile FY26 profit jumps 18% to Rs27bn

Kohinoor Textile Mills Limited (PSX: KTML) recorded an 18% increase in its consolidated net profit for the year ended June 30, 2026, with profit after taxation climbing to Rs26.88bn from Rs22.77bn in the corresponding period last year. Showing this healthy bottom-line growth, the company's earnings per share (EPS) expanded to Rs14.77 from Rs12.24 in FY25. The top-line performance was encoura

COLG declares Rs35 dividend

Colgate-Palmolive (Pakistan) Limited (PSX: COLG) reported a steady 1% increase in its consolidated net profit for the fiscal year ended June 30, 2026, recording Rs18.63bn compared to Rs18.40bn in the preceding year. Alongside the financial results, the company announced a cash dividend of Rs35 per share. Reflecting this bottom-line growth, the company's basic and diluted earnings per share (