Tuesday, September 15 2026

PSX slides 2,541 points as oil dents interest
Pakistan Stock Exchange (PSX) began the week on a sharply negative note on Monday as escalating Middle East tensions and concerns over oil supply triggered a broad-based sell-off, wiping out more than 2,500 points from the benchmark KSE-100 index by the close. The plunge came as crude prices surged, raising fears about the impact of higher energy costs on oil-dependent economies and corporate profits. The KSE-100 fell 2,541.20 points, or 1.49%, to settle at 167,970.66. It remained under pressure throughout the session, hitting the intra-day low of 167,441.64. The day's high was 170,437.73.
Related news categories: business economic-indicators psx stock-exchanges

Monday, September 14 2026

PSX: KSE-100 sheds nearly 1,500 points as situation remains tense in ME
Selling pressure was observed at the Pakistan Stock Exchange (PSX) after new Houthi strikes on Saudi Arabia and Iranian attacks on ships in the Gulf, with the benchmark KSE-100 Index shedding nearly 1,500 points during the trading session on Monday. At 1pm, the benchmark index was hovering at 169,032.17, down by 1,479.68 points or 0.87%. Selling was observed in key sectors, including automobile assemblers, cement, commercial banks, oil and gas exploration companies, OMCs and power generation. Index-heavy stocks, including HUBCO, MARI, OGDC, PPL, HBL, MEBL, MCB and NBP, traded in the red.
Related news categories: business economic-indicators psx stock-exchanges

Supernet Technologies’ Rs915mn rights issue attracts 98.16% subscription
Supernet Technologies Limited (PSX: STL) has received subscriptions of nearly Rs898 million against its rights issue of approximately Rs914.77 million, reflecting a subscription rate of 98.16%. According to a notice submitted to the Pakistan Stock Exchange (PSX) on Monday, only 1.84% of the rights issue remained unsubscribed following the completion of the subscription process. The company had announced an 85% rights issue at Rs10 per share to raise approximately Rs915 million.
Related news categories: business economic-indicators psx stock-exchanges tech-comm
Related symbols: stl (news stock)

Friday, September 11 2026

PSX Closing Bell: The Long Goodbye
Pakistan’s benchmark KSE-100 Index tumbled 3,078.55 points or 1.79% on Thursday to close at 168,865.04, as a sharp rise in oil prices and intensifying tensions in the Middle East triggered broad-based selling at the Pakistan Stock Exchange. Oil prices extended their gains above $101 a barrel on Thursday as escalating tensions in the Middle East heightened concerns over further disruptions to global crude supplies, adding to pressure on investor sentiment and risk appetite. The index remained highly volatile during the session, trading in a range of 3,474.05 points. It hit an intraday high of 171,945.83, gaining 2.24 points, while the low stood at 168,471.78, down 3,471.81 points. The total volume of the KSE-100 Index stood at 261.33 million shares. Of the 100 index companies, only 3 closed up, 96 closed down, while 1 remained unchanged.
Related news categories: business economic-indicators psx stock-exchanges

KOHC FY26 profit softens 8%
Kohat Cement Company Limited (PSX: KOHC) reported an 8% dip in its consolidated net profit for the fiscal year ended June 30, 2026, recording Rs10.70bn compared to Rs11.58bn in the preceding year. Reflecting this slight bottom-line compression, basic and diluted earnings per share (EPS) for the year stood at Rs11.64, down from Rs11.97 in FY25. The primary factor weighing on profitability was gross margin squeeze driven by higher direct manufacturing costs. Net revenue from contracts with customers grew modestly by 3% year-on-year to Rs38.53bn, up from Rs37.54bn in FY25. However, cost of sales expanded 10% to Rs24.88bn, causing gross profit to contract by 8% to Rs13.65bn compared to Rs14.89bn in the prior year.
Related news categories: business cement economic-indicators psx stock-exchanges
Related symbols: kohc (news stock)