SBP starts monetary easing on receding inflationary pressures

3 months ago

State Bank of Pakistan (SBP) has started the monetary easing cycle with its first rate cut in almost four years.…

MLCF allocates Rs 26 billion to undistributable capital reserves

3 months ago

Maple Leaf Cement Factory Limited (MLCF) adjusts capital Reserves for capacity expansion and investments.

HPL plans long-term benefits for shareholders with new acquisition

3 months ago

Hoechst Pakistan Limited (HPL) announced the acquisition of products from Sanofi affiliates.

RCML reports insider transaction worth over Rs 30 million

3 months ago

Reliance Cotton Spinning Mills Limited (RCML) announced an insider transaction carried out by multiple substantial shareholders.

SBP Cuts Policy Rate by 150bps: Implications for Pakistan’s Economy

3 months ago

The State Bank of Pakistan (SBP) has announced a significant policy rate cut of 150 basis points (bps), bringing the…

SUV May Sales to Improve – Which stocks will benefit?

3 months ago

The auto sales figures for May 2024 reveal a mixed performance among Pakistan's leading car assemblers. Overall, the sales of…

Steady growth in remittances supports Pakistan’s current account

3 months ago

Pakistan saw a significant boost in remittances, reaching an all-time high of $3.2 billion. This represents a 15% increase from…

SAPT announces the transfer of shares under High Court directives

3 months ago

Sapphire Textile Mills Limited (SAPT) announced that the 169,607 shares were transferred under a new sapphire textile arrangement.

Historical Impact of Capital Gain and Dividend Tax changes on PSX

3 months ago

The changes in CGT and dividend taxes have shown varied impacts on the market.

A 100bps cut expected in Jun’24 MPC as inflation gives breathing room

3 months ago

It is anticipated that the MPC will opt for a dovish rate cut of 100 basis points (bps), reducing the…