The Pakistan Stock Exchange (PSX) closed Monday's trading session on a strong note, with the benchmark KSE-100 Index gaining over 2,100 points as broad-based buying interest prevailed across key sectors, particularly commercial banks, cement, fertilizer, and oil & gas exploration companies. The positive sentiment was supported by easing geopolitical concerns after US President Donald Trump said
Pakistan's cement dispatches increased by 6.02% year-on-year (YoY) to 4.476 million tons in July 2026, supported by a strong recovery in domestic demand despite a sharp decline in exports. According to data released by the All Pakistan Cement Manufacturers Association (APCMA), total cement dispatches stood at 4.476m tons during the month, compared to 4.222m tons in July 2025. Domestic cement
Independent oversight of Pakistan’s largest telecom merger will continue uninterrupted despite a reported decision by KPMG to exit Pakistan, with the Competition Commission of Pakistan (CCP) confirming that compliance monitoring under the PTCL–Telenor merger remains fully intact, official sources told Business Recorder. The official sources said the five-year monitoring framework—covering compl
Oil & Gas Development Company Limited (OGDC) has signed a contract with Canada’s Synergetic Oil Tools Inc. to deploy advanced Passive Energy Tool technology aimed at enhancing production from Pakistan’s heavy crude oil fields. The contract signing ceremony was held at OGDC Headquarters in Islamabad. Canadian High Commissioner to Pakistan, Ambassador Tarik Ali Khan, attended ceremony as the chie
Cement despatches in the month of July 2026 registered an increase of 6.02 percent as total despatches during it recorded at 4.476 million tons against 4.222 million tons despatched during the same month of last fiscal year. Data released by the All Pakistan Cement Manufacturers Association (APCMA) on Monday shows that the local cement despatches by the industry during the month of Jul-26 were