Indus Motor Company Limited (IMC) closed the fiscal year ended June 30, 2026 with an impressive 33 percent growth in unit sales. According to the details, the IMC sold 45,035 units during the year, up 33 percent from FY2024-25, outpacing the broader industry’s recovery. Net sales revenue climbed to PKR 258.75 billion from PKR 215.14 billion a year earlier. Profitability also improved. Profit
The Oil and Gas Regulatory Authority (Ogra) on Monday notified LPG rates for September, raising the price by Rs4.33 per kilogram. According to the notification, the price of an 11.8kg LPG cylinder has increased by Rs51.17, taking its price to Rs3,052, compared to Rs3,000 last month. The revised LPG prices will remain in effect throughout September 2026.
Gold prices remained subdued on Tuesday as traders assessed Middle East tensions and awaited key US labour market data due this week that could shape expectations for Federal Reserve monetary policy. Spot gold was down 0.3% at $4,437.10 per ounce by 0235 GMT, after hitting its lowest level since August 19 in the previous session. US gold futures edged up 0.1% to $4,485.30. Key US data
Oil prices gained on Tuesday as the resumption of fighting between the US and Iran in the Middle East renewed fears of supply disruptions from the world’s key crude-producing region. Brent crude futures were up 56 cents, or 0.6%, to $91.05 a barrel at 0044 GMT, while US West Texas Intermediate crude was up 83 cents, or 1%, to $86.59. In the previous session, Brent closed up 2.7%, at one p
Pakistan’s benchmark KSE-100 Index closed Friday’s trading session higher by 373.73 points or 0.21% at 177,696.50, as buying in commercial banks and technology stocks helped the index finish in positive territory despite broader market weakness. The index traded in a range of 877.51 points, hitting an intraday high of 178,042.78, up 720.01 points, while the low stood at 177,165.27, down 157.50