In a strategic move, Dawood Hercules Corporation Limited (PSX: DAWH) has unveiled plans to undergo a demerger, splitting into two distinct legal entities while retaining its investment in Engro Corporation...

Pakistan's secondary market yields have recently garnered considerable attention following a significant drop observed in PKRV yields after a recent auction conducted by the central bank State Bank of Pakistan...

The IMF pressed Pakistan to expand its poverty alleviation efforts during ongoing negotiations for a new loan program. The demand came as negotiations between Pakistan and the IMF review mission...

Oil & Gas Development Company Limited (PSX: OGDC) has announced a further increase in production at Nashpa Well-10 through various optimization initiatives, including Rigless interventions such as perforation washes in...

The gold price (XAU/USD) is trading with a bearish bias on Friday, retreating from the nearly $2,400 barrier. Earlier sessions saw a bullish move in precious metals, driven by softer-than-expected...

Oil prices are on track for a modest weekly gain, with a focus on supply outlooks and inflation trends shaping market sentiment. Brent crude traded near $83.56 per barrel, marking...

The book-building process for Fast Cables’ Initial Public Offer (IPO) has concluded with an impressive oversubscription of 1.57 times, according to AKD Securities Limited, the IPO's book runner. This oversubscription...

Thatta Cement Company Limited (PSX: THCCL) has given the green light to a comprehensive green energy plan aimed at reducing its reliance on grid electricity and cutting operational costs, according...

Gold prices in Pakistan surged on Thursday, with 24-karat gold witnessing a notable increase of Rs1,600 to reach Rs245,600 per tola. Notably, the current price remains Rs3,000 below its actual...

On Thursday, the benchmark KSE-100 index wrapped up its trading session at 74,930.70, marking an increase of 266.72 points or 0.36%. Throughout the day, the index experienced a fluctuation within...