Friday, December 05 2025

Bullish momentum at bourse, KSE-100 gains over 1,100 points in early trade
Bullish momentum was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining over 1,100 points during the opening minutes of trading on Friday. At 9:30am, the benchmark index was hovering at 167,424.92, an increase of 1,141.37 points or 0.69%. Across-the-board buying interest was observed in key sectors, including automobile assemblers, cement, fertilizer, commercial banks, oil and gas exploration companies, OMCs and power generation. Index-heavy stocks, including ARL, HUBCO, MARI, OGDC, POL, PPL, SSGC, NBP and UBL, traded in the green. The positive sentiment came as the Saudi Fund for Development (SFD), on behalf of the Kingdom of Saudi Arabia, extended the term for the deposit of $3 billion maturing on December 8, 2025, for another year.
Related news categories: business economic-indicators psx stock-exchanges

SNGPL says receivables hit alarming level of Rs114.287bn
Sui Northern Gas Pipelines Limited (SNGPL) has revealed that it is facing grievous liquidity issues due to an alarming level of outstanding dues of Rs 114.287 billion against the power sector, official sources told Business Recorder. “Power plants have shown their inability to pay outstanding dues to SNGPL due to non-release of amounts by CPPA-G and requested SNGPL to take up the matter with relevant quarters for early resolution of current situation. Currently, a huge amount is receivable from power sector due to which SNGPL is facing severe financial crisis and unable to full its commitments towards upstream gas suppliers,” said General Manager (Recovery) SNGPL. According to the company, out of Rs 165.256 billion, receivables against Guddu Power stood at Rs 30.485 billion, Nandipur Rs 15.716 billion, TPS Muzaffargarh Rs 1.436 billion, GTPS Faisalabad, Rs 2.267 billion, GTPS ShahdraRs 214 million, SPS Faisalabad Rs 86 million, NGPS Multan Rs 57 million, totaling to Rs 50.261 billion against Wapda’s power plants of which Rs 14.682 billion are on account of gas charges, Rs 3.056 billion RLNG tariff actualization charges, Rs 311 million GIDC (including LPS) and Rs 32. 212 billion are LPS (gas charges).
Related news categories: business economic-indicators oilgas-exploration oilgas-marketing psx stock-exchanges
Related symbols: sngp (news stock)

Saudi firm Najd Gateway seeks majority stake in Samba Bank Pakistan
The Saudi National Bank (SNB), the majority shareholder of Samba Bank Limited, has received an offer from Najd Gateway Holding Company to acquire SNB’s entire shareholding in Samba Bank Pakistan, representing approximately 84.51% of the bank’s issued shares. Samba disclosed the development in a notice to the Pakistan Stock Exchange (PSX) on Friday. “The Saudi National Bank (SNB), as the majority shareholder of Samba Bank Limited, has notified that they have received a non-binding offer from Najd Gateway Holding Company relating to the proposed divestment of SNB’s 100% stake in Samba Bank Limited (Samba Pakistan), representing approximately 84.51% shares in Samba Pakistan,” read the notice. However, SNB has clarified that any decision relating to the potential transaction or process relating thereto, including access to information for purposes of diligence, shall be subject to internal and regulatory approvals and execution of definitive agreements.
Related news categories: business comm-banks economic-indicators psx stock-exchanges
Related symbols: sbl (news stock)

Thursday, December 04 2025

Stocks slip amid consolidation of positions
In yet another volatile session, the Pakistan Stock Exchange (PSX) on Wednesday experienced a broad-based decline as investors remained cautious, which pulled the benchmark KSE-100 index down by nearly 1,500 points. In the morning, the market opened on a positive note, which briefly lifted the index, but early gains evaporated when investors trimmed their positions in the absence of positive triggers. The index moved in a narrow band throughout the session, fluctuating between the intra-day high of 168,161 and the low of 166,115. At close, the KSE-100 settled at 166,145.35, down 1,496.93 points, or 0.89%. KTrade Securities observed that the PSX faced continued selling pressure after its recent strong rally, which fell just short of the all-time high hit in October. The KSE-100 index slipped 1,497 points (-0.89%).
Related news categories: business economic-indicators psx stock-exchanges

Buying returns to bourse, KSE-100 up nearly 300 points in early trade
Positive sentiments returned to the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 index gaining nearly 300 points during the opening minutes of trading on Thursday. At 9:45am, the benchmark index was hovering at 166,416.18, an increase of 270.84 points or 0.16 percent. Across-the-board buying was observed in key sectors, including commercial banks, cement, fertilizer, oil and gas exploration companies, OMCs and power generation. Index-heavy stocks, including HUBCO, HBL, MEBL, NBP, MARI, OGDC and POL, traded in the green. On Wednesday, PSX came under heavy pressure as a wave of institutional selling, triggered by renewed concerns over valuation fatigue and profit-taking after recent gains, pushed the market into a sharp, broad-based decline.
Related news categories: business economic-indicators psx stock-exchanges