Indus Motor closes production plant due to shortage of components
Indus Motor Company Limited(INDU) announced that it was closing its production plant.
TREET Corporation to sell stake in TBL
Treet Corporation Limited (TREET) is ready to sell some of its stake in its subsidiary Treet Battery Limited (TBL).
Do stocks really fall in rollover week?
In the Pakistan Stock Exchange, there is often an understanding that stocks will fall in a rollover week. Everyone is advised to be cautious because...
HUBCO to acquire another 9.5% stake in SECMC
HUBCO has formally entered into an agreement to buy shares of SECMC which counts to approximately 9.5% of Sindh Engro Coal Mining Company ("SECMC")'s shares...
OGDC discovers gas and condendate at Kharo Well 1
OGDCL has discovered fresh reserves at Kharo-1, in the Khewari block, district Khairpur, Sindh. The company holds a 95% working interest in the Khewari block...
30% surge in Pakistan’s automobile sales
Pakistan's automobile sales surge 30% in January.
MCB Director buys Rs. 149 million worth of stock
MCB Bank Limited (MCB) announced that a non-executive director of the company bought 814623 shares of the company. Mr. Tariq Rafi, a non-executive director of the...
PSMC buyout price determined at Rs. 609 by PSX
The Voluntary Delisting Committee of the PSX announced that it had determined the minimum PSMC buyback price to be Rs. 609. Pakistan Suzuki Motors Company...