Thursday, October 02 2025

KSE-100 nears 166,000 in early trade amid positive momentum
Positive momentum persisted at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index hovering near the 166,000 level during the opening hours of trading on Thursday. At 10:20am, the benchmark index was hovering at 165,912.81, an increase of 272.48 points or 0.16%. Buying interest was observed in key sectors, including automobile assemblers, commercial banks, oil and gas exploration companies and OMCs. Index-heavy stock,s including MARI, POL, SNGPL, SSGC, HBL and UBL, traded in the green. In a major corporate development, Gillette Pakistan Limited announced that its parent company, Procter & Gamble (P&G), will discontinue its business operations in Pakistan as part of a global restructuring plan.
Related news categories: business economic-indicators psx stock-exchanges

PSX extends winning streak despite volatility
The Pakis­tan Stock Exchange (PSX) closed at a record high on Wednesday, settling above 165,500 points despite significant volatility. The benchmark index reached a new intraday high of 166,522 before experiencing a sharp fluctuation. Following a strong rally, the market experienced heavy selling pressure, causing the index to decline by as much as 1,338 points. However, the market ended with a modest gain of 146 points, or 0.09 per cent, marking its fifth consecutive record-setting session. According to Topline Securities, the day saw a tug-of-war between bulls and bears, with the index briefly surging 1,029 points before the late sell-off. Sector-wise, Mari Energies, Meezan Bank, Fatima Fertiliser, and Bank of Punjab contributed a combined 694 points to the index, while Engro Holdings, Hub Power, Habib Bank, Pakistan Petroleum, and Bank Al-Habib collectively pulled it down by 481 points.
Related news categories: business economic-indicators psx stock-exchanges

Suzuki raises price of discontinued Ravi
Pak Suzu­­ki Motor Company Ltd (PSMCL) has increased the price of its discontinued Suzuki Ravi model by Rs100,000, taking the new ex-factory rate to Rs2.075 million, up from Rs1.975m. According to a circular issued to authorised dealers on Wednesday, the revised price applies despite the vehicle’s production already being halted. Data from the PAMA shows zero production of the Ravi in July and August 2025, while sales during the same period stood at 930 units — fulfilled against previous orders.
Related news categories: auto-assembler business economic-indicators psx stock-exchanges
Related symbols: psmc (news stock)

Gillette Pakistan to consider delisting as part of P&G restructuring
Gillette Pakistan said on Thursday it would evaluate a potential delisting following a decision by its parent Procter & Gamble to discontinue its business in Pakistan as part of the consumer product group’s global restructuring programme. Gillette Pakistan plans to convene a board meeting shortly to evaluate the actions required for this business discontinuation, including the potential de-listing from the Pakistan Stock Exchange, the company said in a filing. P&G said in a separate statement that the company would wind down its manufacturing and commercial activities in Pakistan and rely on third-party distributors to continue to serve customers in the country.
Related news categories: business economic-indicators misc personal-care psx stock-exchanges
Related symbols: glpl (news stock)

Ghani Value Glass installs new screen printing glass project
Ghani Value Glass Limited announced on Thursday that it had successfully installed its new screen printing glass project. The development was shared in a notice to the Pakistan Stock Exchange (PSX) today The new project will be fully operational within this year. “This strategic expansion is expected to drive revenue growth and enhance overall profitability,” the notice to the bourse read. Ghani Value Glass Limited was incorporated in Pakistan as a public limited company in 1967. The company is engaged in the manufacturing and sale of mirrors, laminated glass, and tempered glass.
Related news categories: business economic-indicators glass-ceramics psx stock-exchanges
Related symbols: gvgl (news stock)