Cement despatches during the month of April 2026 were registered at 3.890 million tons against 3.500 million tons despatched during the same month of the last fiscal showing an increase of 11.14 percent. Data released by All Pakistan Cement Manufacturers Association (APCMA) on Monday shows local cement despatches by the industry during the month of Apr-26 were 3.217 million tons compared to 2.6
The initial public offering (IPO) of Sitara Petroleum Service Limited witnessed an overwhelming investor response as its book-building process hit the cap price of Rs18.90 within just 10 minutes of opening, setting a new record at the Pakistan Stock Exchange. The issue was fully subscribed in record time, reflecting strong demand from institutional investors and high-net-worth individuals at th
Supernet Technologies Limited (STL) has announced its first financial results following merger with Supernet Limited (SNL), for the nine months ended March 31, 2026, delivering a strong performance. The company reported a topline revenue of Rs 5.72 billion on a consolidated basis, which translated into a gross profit of Rs 1.38 billion and operating profit of Rs 604 million. Profit before taxat
A delegation of the business community, comprising Atif Ikram Sheikh President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), and Mian Zahid Hussain, Chairman Policy Advisory Board of FPCCI, held a highly constructive meeting with the Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb Khan. The crucial meeting, which took place at the Finance Minister’s
The yen was steady on Tuesday amid lingering market nerves after suspected intervention by Tokyo last week sparked sharp gains in recent sessions, while the U.S. dollar firmed on safe-haven demand as the Middle East war weighed on sentiment. The Australian dollar was little changed at $0.7168 ahead of a policy decision from the Reserve Bank of Australia later in the day, where the central ban