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Asif Khaliq drives blue-eyed Chaiwala Arshad Khan’s London success Munir and Naqvi Join Makkah Pact Talks in Tehran Iran Says the Border Is Open as Pakistan Ships LPG by Sea Six Militants and Two Soldiers Killed in DI Khan Imran Khan’s Sisters Held for Another 30 Days Rights Commission Calls for the KP Emergency to End Makkah Pact Officials Head to Tehran for Security Talks Riyadh Airport Partly Reopens Two Weeks After Attack Indian Duty-Free Access Threatens Pakistan’s Textile Edge Peshawar Begins Polio Drive for 1.11 Million Children KSE-100 Loses 4,045 Points Over the Week Task Force Asks Industry for Export Proposals PTI Weighs Talks Against Protest Over KP Seven of One Family Killed in Murree Road Accident Mir Raza’s Father Asks for a JIT Member to Be Replaced Pakistan Rejects a $490m Loan as Too Expensive Minister Seeks Loan Rescheduling as Rates Bite at 25pc 31,000 Consumers Denied the Petrol Subsidy Portal Glitch Blocks Returning Pakistanis From Filing LPG Cargoes Down to Two as Senate Presses on Winter Fuel

Articles for tag: business, criticism, draws, Gas, Latest, losses, natural, performance, profit, rise, Utilities

January 10, 2026

News Desk

21% profit rise for natural gas utilities draws criticism over performance losses

Industry stakeholders say fixed yields limit gas sector profitability amid rising cyclical debt Natural gas services. Photo: file Islamabad: Pricing natural gas based on a guaranteed rate of return on assets is killing the efficiency of public utilities, whose profits have grown to 21 percent despite the country’s energy shortages, industry stakeholders said at a public hearing Friday. The Oil and Gas Regulatory Authority (Ogra) held the hearing to review the existing gas pricing formula for state-owned transmission and distribution companies, which was based on a guaranteed and fixed rate of return on assets. On the back of solid performance,

December 12, 2025

News Desk

PSX stalls as profit taking dominates

Shares of 345 companies were traded. At the end of the day, 75 stocks closed higher, 254 declined and 16 remained unchanged. PHOTO: FILE KARACHI: Profit-taking continued on the Pakistan Stock Exchange (PSX) for a second straight day on Thursday, putting major sectors under selling pressure, dragging the benchmark KSE-100 down nearly 900 points. After an initial rise to an intraday high of 170,301, the market sank early in the morning and recorded a notable decline before noon. The stock then held steady for a significant period, but fell again, hitting an intraday low of 168,548 just before the close.

December 10, 2025

News Desk

ECC approves increase in profit margins of oil marketers, OMCs

Workers at a gas station attend to customers in Islamabad, Pakistan, on February 16, 2022. — AFP/File Diesel petrol prices likely to rise by up to Rs 2.56 per litre: sources. The committee approves amendments to the vehicle import procedure. The ECC OK’d the brief seeking restrictions on chloroform imports. The Economic Coordination Committee (ECC) of the cabinet on Tuesday approved a proposal to revise the profit margins of oil marketing companies (OMCs) and oil marketers on high-speed petrol and diesel. The ECC meeting was chaired by Finance Minister Senator Muhammad Aurangzeb. The adjustments were made in line with the

October 15, 2025

News Desk

PSX is evolving in the midst of volatility and winning profit

KSE-100 closes 210.36 points higher as investors weigh the IMF agreement, profit signals The Pakistan Stock Exchange (PSX) attended a volatile trading meeting on Wednesday with the KSE-100 index closing slightly higher by 210.36 points or 0.13% to 165,686.38. The index traded in a wide range, hitting an intra -ended high of 167,561.69 and a low 165,357.21. The negotiation began with a strong feeling on Wednesday morning, after news broke out in the Pakistani staff agreement with the International Monetary Fund (IMF) for the Extended Fund Facility (EFF) and the first review in the context of the RESUS and Sustainability

October 14, 2025

News Desk

PSX RECORDS 2nd highest one -day profit, increases 4.44%

The Pakistan’s Stock Exchange (PSX) recorded a historic rally on Tuesday, with the KSE-100 index jumping 7,032.60 points or 4.44%, marking the second highest one-day profit in its history. The index closed on 165,476.02, covering a session dominated by aggressive market and a sharp reversal of emotion. This dramatic increase follows a day of heavy sale, stressing how quickly the investor feeling has shifted. Investors’ confidence also went up to the back of the relaxation of geopolitical tensions, a calmer political environment and a basic development on the financial front after news that Finance Minister Muhammad Aurangzeb met with Jihad

October 3, 2025

News Desk

PSX destroys record, profit emerges large

The Pakistani KSE-100 index increased to a fresh high of all time on Friday, closing at 168,990 points after 500 points, or 0.30% day to day. The strong liquidity of the market has led to the excitement of investors, although the mild profits in the last hour was slightly mitigated by the rally. Commercial activity took over the pace, as the tumors rose to 831 million shares, from 776 million at the previous session, marking the renewed confidence between retail and institutional investors. The index has increased by 46.79%, reflecting analysts who call a bullish macroeconomic scene. Read: The PSX

September 22, 2025

News Desk

PSX succumbs to profit as the index loses 483 points

Karachi: The Pakistan’s Stock Exchange (PSX) started the new negotiation week on Monday with a volatile performance, as the KSE-100 reference ended in Red. Following the sale pressure with a delayed meeting due to the overthrow of future fulfillment and future fulfillment contracts, the KSE-100 report closed by 482.71 points or 0.31%, at 157.554.66. Bourse opened the day to a positive note, climbing the intra -group high of 158,850.34 points around noon, as optimistic investors bought attractive stocks. However, the momentum faded as the session went on, with investors choosing profits, especially in key areas such as banking, cement and

September 16, 2025

News Desk

PIA publishes Rs11.5B profit before half -year taxes

A representation of the PIA plane image. – AFP/file The net profit for the current half year is Rs6.8B. It is the first such gain since 2004 since 2004. The PIA privatization key under the IMF’s rescue. Karachi: Pakistani International Airlines (PIA) published a pre -tax profit in the first half of 2025, which a company source said it was the first for the period in about two decades, before the scheduled sale of the National Carrier later this year. PIA, part of the Pia Holding Company, recorded a $ 11.5 billion pre -tax profit between six months to June,

August 15, 2025

News Desk

‘Dead to Rights’ breaks the profit file in China

Beijing: Dead to Rights, a Chinese film depicting the Nanjing massacre committed by Japanese troops in China during World War II, has seen ticket sales exceeding $ 2.2 billion or $ 308 million during the summer Box Office Run. The Chinese historical drama broke the record for previous historical films that were screened during the country’s busy summer film, which runs from early June to the end of August of each year. Since Monday, the total revenue from China’s summer box office-including ticket prerequisitions had exceeded 8.7 billion ¥, pushing this year’s annual box office beyond ¥ 36 billion milestone.

August 14, 2025

News Desk

Rupia extends rally with 20 paisa profits

Pakistani Rupia expanded its profits against the US dollar on Wednesday, increasing 20 paisa or 0.07%on the market among banks. The currency closed on 282.22 compared to the closing level of the previous day 282.42. It was the fifth consecutive day of Rupia’s appreciation, led by the improved market feeling in the midst of an ongoing repression of illegal coins and smugglers. Last week, a court handed over five years in prison to three illegal coins and imposed a fine of 1 million Rs to participate in illegal currency work. In the world trade, the US dollar slipped after soft

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