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Affairs

Attock Refinery Shuts Down Main Plant

Attock Refinery Limited (PSX: ATRL) has shut down its main crude distillation unit with immediate effect, the company informed the main bourse on Monday.

‘We wish to inform you that due to high stocks of diesel, we are forced to shut down the main c…

Punjab Announces Free Solar System for 50,000 Households

Chief Minister Punjab Maryam Safdar has announced free solar systems for 50,000 households in a bid to promote renewable energy in the province.

Solar systems will be allocated to protected power consumers using less than 100 units per month. Each s…

Foreign Direct Investment Hits 21-Month High in March 2024

The Foreign Direct Investment (FDI) in the country rose to $258 million in March 2024, up 52 percent over the FDI of $170 million in the same month of FY23.

According to Arif Habib Limited (AHL), the net FDI inflows in March 2024 are the highest sin…

PSX Collaborates With London Stock Exchange Group on ESG

In a landmark development, the Pakistan Stock Exchange (PSX) has signed a collaborative understanding with LSEG (London Stock Exchange Group) on Environment, Social and Governance (ESG).

Under this mutual understanding, both companies will work to d…

Engro Polymer Posts Massive Loss in Q1 2024

Engro Polymer and Chemicals Limited (PSX: EPCL) announced its 1QCY24 financial result today where the company posted a loss of Rs. 901 million compared to a profit of Rs. 1.183 billion.

On a quarterly basis, EPCL reported its lowest gross margins in…

PSX Closes Above 71,400 For First Time in History

The Pakistan Stock Exchange (PSX) rallied to a new all-time high on Monday, surpassing its previous high of 70,909 seen on Friday last week.

After opening trade at 70,910 points, the benchmark KSE-100 index went up by 1.34 percent or 951 points at 2…

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