Friday, March 13 2026

Buying at bourse, KSE-100 up nearly 500 points in early trade
Buying returned to the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining nearly 500 points during the opening minutes of trading on Friday. At 9:25am, the benchmark index was hovering at 154,899.81, up by 478.38 points or 0.31%. Buying interest was observed in key sectors, including automobile assemblers, chemical, commercial banks, oil and gas exploration companies, and OMCs traded in the green. Index-heavy stocks, including HBL, MCB, MEBL, NBP, MARI, POL, PPL, PSO, SNGPL and SSGC, traded in the green. On Thursday, PSX extended its volatile streak as investor sentiment remained fragile amid persistent geopolitical tensions in the Middle East and uncertainty in global energy markets, prompting cautious trading across most sectors.
Related news categories: business economic-indicators psx stock-exchanges

Air Link unit Select Technologies plans IPO
Air Link Communication Limited, a Pakistani technology firm, said on Friday that its wholly owned subsidiary, Select Technologies Limited, intends to launch an Initial Public Offering (IPO) and seek listing on the Pakistan Stock Exchange (PSX). The technology firm shared the development in a notice to the Pakistan Stock Exchange (PSX) on Friday. “The Board of Directors of Air Link Communication Limited is pleased to announce that its wholly owned subsidiary, Select Technologies Limited, has decided to raise capital through an IPO and to seek listing of its securities on the PSX,” read the notice.
Related news categories: business economic-indicators psx stock-exchanges tech-comm
Related symbols: airlink (news stock)

Weekly SPI inflation up 1.89pc
The Sensitive Price Index-based inflation for the week ending March 11, 2026, increased by 1.89 percent, mainly due to a 20.60 percent rise in petrol prices and a 19.54 percent increase in diesel prices. According to the Pakistan Bureau of Statistic (PBS), on a Week on Week (WoW) basis, Liquefied Petroleum Gas (LPG) price went up by 12.13 percent, onions 9.63 percent, bananas 1.44 percent, wheat flour 1.28 percent, chicken 0.66 percent, Pulse Mash 0.55 percent, firewood 0.38 percent, pulse gram 0.10 percent, fresh milk 0.08 percent, and cooked beef 0.02 percent. On WoW basis, a decline is witnessed in the prices of tomatoes3.66percent, potatoes 2.86 percent, garlic 0.42 percent, Rice IRRI-6/9 and pulse masoor0.19 percent each, mustard oil 0.16 percent, pulse moong 0.12 percent, and sugar 0.09 percent.
Related news categories: business economic-indicators misc

Shareholders of Soneri Bank approve 2025 annual results
The annual audited financial statements of Soneri Bank Limited for the year ended 31 December 2025 were approved by the shareholders of the Bank in their 34th AGM held in Lahore and through video-link via Zoom on Thursday. The meeting was chaired by Amin A. Feerasta - Chairman of the Board, with Muhtashim Ahmad Ashai - President and Chief Executive Officer and other members of the Board of Directors and Senior Management also in attendance. The results demonstrate stable and persistent performance in all areas despite declining interest rates. The Bank posted profit before tax (PBT) of Rs 11.606 billion and profit after tax (PAT) of Rs 4.558 billion for the year ended 31 December 2025, compared to Rs 12.638 billion and Rs 5.901 billion respectively in the last year.
Related news categories: business comm-banks economic-indicators psx stock-exchanges
Related symbols: snbl (news stock)

Engro Corp gets Lotte Chemical non-binding offer for majority stake in EPCL
Engro Holdings Limited said on Friday that its subsidiary, Engro Corporation Limited, received a non-binding offer from Lotte Chemical to buy about 56.19% shareholding of Engro Polymer & Chemicals Limited (EPCL). The company disclosed in a notice to the Pakistan Stock Exchange (PSX) today. “At its meeting held on March 12, 2026, the Board of Engro Corp considered the offer and authorised the management to negotiate and finalise the terms and conditions, as well as the related transaction documentation, and to present the same to the Board for its approval,” the company said. The company shall keep its shareholders informed of further developments through subsequent announcements as the matter progresses, the notice concluded.
Related news categories: business chemical economic-indicators fertilizers psx stock-exchanges
Related symbols: engro (news stock) engroh (news stock) epcl (news stock) lotchem (news stock)