Friday, June 05 2026

PSX extends gains, KSE-100 up over 200 points
Buying continued at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining over 200 points during the first half of the trading session on Friday. At 12pm, the benchmark index was hovering at 171,436.00, up by 260.50 points or 0.15%. Buying activity 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, POL, PPL, PSO, HBL and NBP, traded in the green. On Thursday, PSX extended its gains as cautious optimism surrounding a potential diplomatic breakthrough between the United States and Iran encouraged selective buying in heavyweight stocks, helping the benchmark index close firmly in positive territory.
Related news categories: business economic-indicators psx stock-exchanges

Thursday, June 04 2026

Buying observed at PSX, benchmark index up nearly 1,000 points
Buying returned to the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining nearly 1,000 points during the opening minutes of trading on Thursday. At 9:45am, the benchmark index was hovering at 171,181.56, up by 990.92 points or 0.58%. Buying was observed in key sectors, including automobile assemblers, cement, commercial banks, fertilizer, oil and gas exploration companies, OMCs and power generation. Index-heavy stocks, including MARI, OGDC, POL, PPL, PSO, HUBCO, MCB, MEBL and NBP, traded in the green. Pakistan’s federal budget for fiscal year 2026-2027 would be presented on June 10, Deputy Prime Minister Ishaq Dar said on Wednesday.
Related news categories: business economic-indicators psx stock-exchanges

Bobi Deep-1 in Sindh: OGDC makes significant oil and gas discovery
Oil and Gas Development Company Limited (OGDC), the country’s leading upstream energy company, has made a significant oil and gas discovery from its exploratory well Bobi Deep-1, located in Sanghar district of Sindh province. The well successfully tested the Massive Sand interval of the Lower Goru Formation and produced 2,000 barrels of oil per day (BOPD) along with 1.1 million standard cubic feet of gas per day (MMSCFD) of gas through a cased-hole Drill Stem Test (DST), confirming the hydrocarbon potential of the reservoir. The achievement marks a major milestone for OGDC as the first hydrocarbon discovery from the Massive Sand play within the Bobi and Dhamraki Mining Lease.
Related news categories: business misc oilgas-exploration oilgas-marketing stock-exchanges
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Wednesday, June 03 2026

Selling at bourse, KSE-100 sheds over 500 points in early trade
Selling pressure was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index shedding over 500 points during the opening minutes of trading on Wednesday. At 9:40am, the benchmark index was hovering at 170,499.45, down by 522.32 points or 0.31%. Selling was observed in key sectors, including automobile assemblers, cement, commercial banks, fertilizer, oil and gas exploration companies, OMCs, power generation and refinery. Index-heavy stocks, including MARI, PSO, HUBCO, POL, MCB, MEBL and NBP, traded in the red. In a key development, it was learnt on Tuesday that the federal government will present its budget for the financial year 2026-27 on June 10. This was stated by senior Pakistan Muslim League-Nawaz (PML-N) leader and Member of the National Assembly (MNA), Tahira Aurangzeb.
Related news categories: business economic-indicators psx stock-exchanges

May cement dispatches decline 21.02pc to 3.837m tonnes YoY
The Pakistan’s cement industry witnessed a sharp downturn in May 2026, with total cement despatches falling by 21.02 percent year-on-year to 3.837 million tonnes compared to 4.858 million tonnes dispatched during the corresponding month of the previous fiscal year, reflecting subdued construction activity and continued challenges facing the sector. Data released by the All Pakistan Cement Manufacturers Association (APCMA) shows local cement despatches by the industry during the month of May-26 were 3.205 million tons compared to 3.869 million tons in May-25, showing a decline of 17.17 percent. Exports despatches also decreased by 36.06 percent as the volumes fell from 989,434 tons in May-25 to 632,648 tons in May-26.
Related news categories: business cement economic-indicators psx stock-exchanges