Wednesday, February 25 2026

Selling continues at bourse, KSE-100 loses nearly 1%
Selling pressure continued unabated at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 shedding nearly 1% on Tuesday. The market opened on a positive note and briefly surged in early trade, but selling pressure quickly emerged, dragging the benchmark sharply lower by mid-morning, hitting an intra-day low of 163,907.59. Following the steep dip, the market staged a steady recovery through late morning and midday, with the index climbing back towards an intra-day high of 169,237.51. However, the rebound proved short-lived, pushing the KSE-100 back into negative territory by the end. At close, the benchmark index settled at 166,258.54, a decrease of 1,432.54 points or 0.85%. “Even though some geopolitical tensions have eased, risk appetite remains fragile,” Waqas Ghani, Head of Research at JS Global, told Business Recorder.
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OGDC continues funding in Reko Diq with $25m quarterly investment
The management of Oil and Gas Development Company Limited (OGDC), Pakistan’s largest E&P, said it continued to ramp up investment in the Reko Diq project, with around $75 million injected during the quarter, of which $25 million represents OGDC’s share, as development work at the mine progresses without delay. This was shared during a corporate briefing session held on February 23, 2026, which was attended by brokerage house Topline Securities, as noted in a report. “Management remains positive on the Reko Diq project, noting that no delays are expected so far as work at the mine is still ongoing,” read the report. Barrick corporate changes won’t affect Reko Diq, says OGDC According to management, approximately $75 million was invested by Pakistan Minerals Private Limited (PMPL) during this quarter, translating into $25 million as OGDC’s share.
Related news categories: business economic-indicators oilgas-exploration oilgas-marketing psx stock-exchanges
Related symbols: ogdc (news stock)

Pakistan’s sugar maker to set up subsidiary in UAE
JDW Sugar Mills Limited, a manufacturer of crystalline sugar, has announced plans to set up a subsidiary in the United Arab Emirates (UAE). The listed company disclosed the development in a notice to the Pakistan Stock Exchange (PSX) on Tuesday. “The Board of JDW Sugar Mills Limited has approved the establishment /setting up of a wholly owned subsidiary company in the United Arab Emirates,” read the notice, adding that the establishment is subject to the applicable laws. “The establishment of the subsidiary company will open new business opportunities and will also enable JDW Sugar to achieve its goals in more effective and efficient manner,” it added. UAE’s appeal as the preferred destination for Pakistan’s companies has a lot to do with the streamlined payment process, a favourable business environment, and better enforcement of contracts, among other factors.
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Related symbols: jdws (news stock)

PM approves NLC’s 30% stake in Pakistan National Shipping Corporation
Pakistan National Shipping Corporation (PNSC) said it had received official communication from the Ministry of Maritime Affairs confirming that Prime Minister Shehbaz Sharif has approved the National Logistic Corporation’s acquisition of a 30% shareholding in PNSC. The company shared the development in a notice to the Pakistan Stock Exchange (PSX) today. The PM has also approved the transfer of management control and consolidation rights, in accordance with applicable laws and by-laws. “In pursuance of the above directions, vide its aforesaid letter, NLC formally conveyed its intent to proceed with the proposed acquisition of shareholding and management control in PNSC,” the notice read. PNSC is a national carrier of Pakistan. It is engaged in the transportation of dry bulk and liquid cargoes across the globe. PNSC operates under the control ofthe Ministry of Maritime Affairs, Government of Pakistan.
Related news categories: business economic-indicators psx stock-exchanges transport
Related symbols: pnsc (news stock)

Asia markets rise on better AI sentiment, Trump speech awaited
Asia’s financial markets were higher on Wednesday with Korean chipmakers leading gains, as investors double down on what they see as the safest bet on artificial intelligence (AI), while the yen remained in focus. Investors rocked by volatility in recent months were also awaiting U.S. President Donald Trump’s State of the Union speech on Tuesday evening in Washington. Market participants are bracing for comments that could touch on policies from trade to affordability to Iran. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 1% higher in early trading.Japan’s Nikkei set a record high. It was up 1.1% at 57,956.92 in early trade after touching an intraday peak of 58,047.89. The broader Topix edged up 0.07% to 3,818.73. Korea’s KOSPI was nearly 1.7%, trading above 6,000 for the first time. The index is up 44% so far this year. A global memory chip shortage has seen Samsung Electronics and SK Hynix stock prices double since October, as cash has surged up the AI supply chain to the enormously popular chipmakers.
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