Recent Financial News in the 'psx' category
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Wednesday, January 28 2026
PSX falls after surprise no change in rate
Macroeconomic uncertainty continued to weigh on the Pakistan Stock Exchange (PSX) on Tuesday as the market remained volatile after the State Bank of Pakistan (SBP), contrary to expectations, left its policy rate unchanged at 10.5%.
In the morning, trading commenced on a positive note and following a brief dip the benchmark index touched the intra-day peak at 189,521 in the first hour of trading. However, the optimism proved short-lived as selling pressure pulled the market down, wiping out all the early gains. The KSE-100 index slid to the intra-day low of 187,538 towards the close of trading. It recouped some of the losses and eventually settled at 188,203, down 384.80 points, or 0.20%.
Arif Habib Limited Deputy Head of Trading Ali Najib noted that the PSX experienced a largely uneventful session as the KSE-100 traded sideways and closed at 188,203, down 385 points.
Related news categories:
business
economic-indicators
psx
stock-exchanges
Positive momentum at bourse, KSE-100 up nearly 700 points
Stocks kicked off trading on a positive note, with the benchmark KSE-100 Index gaining nearly 700 points during the opening minutes of trading on Wednesday.
At 9:40am, the benchmark index was hovering at 188,895.12, an increase of 692.27 points or 0.37%.
Buying interest was observed in key sectors, including automobile assemblers, commercial banks, fertiliser, oil and gas exploration companies and power generation. Index-heavy stocks, including HUBCO, MARI, OGDC, POL, PPL, HBL, MCB, MEBL and NBP, traded in the green.
In a key development, total foreign investment into Pakistan dropped substantially to $207 million in July–December 2025-26, down from $1.343 billion a year earlier.
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business
economic-indicators
psx
stock-exchanges
Packages Limited approves redemption of 2mn IFC preference shares
Packages Limited (PKGS), Pakistan’s largest paper and board producer, said on Wednesday that it had approved the redemption of 2,000,000 preference shares/convertible stock held by the International Finance Corporation (IFC), based in Washington D.C., as requested by IFC.
The listed company disclosed development in a notice to the Pakistan Stock Exchange (PSX) on Wednesday.
A redemption notice is a notification informing investors that an issuer is exercising its right to redeem preferred shares before their maturity date.
“The Board has also authorised the Chief Executive Officer and the Chief Financial Officer of the company to negotiate such redemption price with IFC and to fix the same with mutual consent,” the listed company shared.
It said that currently, there were 8,186,842 preference shares/convertible stock outstanding, which were issued to IFC under the Subscription Agreement dated 25 March 2009.
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business
economic-indicators
misc
paper-bond
psx
stock-exchanges
Related symbols:
pkgs
(news
stock)
Tuesday, January 27 2026
Selling engulfs bourse, KSE-100 sheds nearly 600 points after SBP keeps policy rate unchanged
After a positive start, selling pressure was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index shedding nearly 600 points during the intra-day trading on Tuesday.
At 12pm, the benchmark index was hovering at 188,001.04, a decrease of 586.62 points or 0.31%.
Selling was observed in key sectors, including automobile assemblers, cement, fertiliser, oil and gas exploration companies, OMCs, power generation and refinery. Index-heavy stocks, including ARL, HUBCO, OGDC, PPL, POL, MARI, PSO and WAFI, traded in the red.
The SBP, contrary to market expectations, on Monday decided to keep its benchmark policy rate unchanged at 10.5% in its first Monetary Policy Committee (MPC) meeting of 2026.
Related news categories:
business
economic-indicators
psx
stock-exchanges
Haleon Pakistan to invest $4.9mn in Panadol Liquid packaging expansion
Haleon Pakistan Limited, formerly known as GlaxoSmithKline, has approved an investment of £3.58 million (USD 4.9 million) to expand and modernise its Panadol Liquid packaging line, as part of efforts to boost production capacity and improve operational efficiency amid rising demand.
The pharmaceutical disclosed the development in a notice to the Pakistan Stock Exchange (PSX) on Tuesday.
“Haleon Pakistan Limited is pleased to announce its decision to invest £3.58 million in the expansion and modernisation of its Panadol Liquid packaging line,” read the notice.
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business
economic-indicators
pharma
psx
stock-exchanges
Related symbols:
HALEON
(news
stock)
