Buying interest returned to the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining nearly 2,600 points during the intraday trading on Thursday. At 11:15am, the benchmark index was hovering at 158,346.88, an increase of 2,569.67 points or 1.65%. Buying was observed in key sectors, including automobile assemblers, cement, commercial banks, oil and gas exploration companies
International Packaging Films Limited (IPAK), a listed manufacturer of flexible packaging films, outlined its export resilience and structured sourcing strategy during a corporate briefing with analysts and investors on Tuesday. The company’s management emphasized that IPAK has developed a structured procurement framework designed to mitigate supply-chain disruption risks. While a significant s
The Power Division has reportedly been approached with a proposal to monetise the existing national transmission infrastructure through the issuance of investment units to overseas long-term investors, well-informed sources told Business Recorder. Dominari Securities LLC, a New York-based financial advisory and wealth management firm, has proposed a framework aimed at unlocking capital tied to
The government earned Rs 107.696 billion from 7,850 foreign ships that arrived at Port Qasim in Karachi and Rs 573.92 million from Gwadar Port during the last five years (2021–25). In a written reply to questions by members during the Question Hour session of the National Assembly on Wednesday, Minister for Maritime Affairs Muhammad Junaid Anwar said that the type break-up of ships is: containe
The All Pakistan Textile Mills Association (APTMA) has urged Commerce Minister Jam Kamal to take immediate measures to safeguard the country’s export sector amid regional energy supply disruptions. In a letter addressed to the minister, the APTMA chairman drew attention to the ongoing geopolitical crisis in the region and the disruption of shipping through the Strait of Hormuz. The situation