Gold prices in Pakistan continued their downward trend for the second consecutive day on Tuesday, with the domestic market witnessing a sharp decline of nearly Rs. 6,000 per tola. The fall comes as international gold prices also weakened, reflecting changing global market sentiment and easing demand for the precious metal. According to the All Pakistan…
Gold prices declined in Pakistan on Monday, pushing the rate below the Rs. 430,000 mark per tola as international bullion markets also opened the week on a weaker note. According to the All Pakistan Sarafa Gems and Jewellers Association, the price of one tola of gold dropped by Rs. 3,800, bringing the new rate to…
The Government of Pakistan and the Pakistan Stock Exchange (PSX) have described FY2026 as a landmark year for the country’s debt market, highlighting record Sukuk issuance, stronger capital market financing, and improved debt management indicators during a joint investor briefing. The figures were presented at an investor session organized by the Pakistan Stock Exchange (PSX)…
The Competition Commission of Pakistan (CCP) has approved Treet Corporation Limited’s proposal to increase its shareholding in Loads Limited through a rights issue, concluding that the transaction will not negatively impact competition in Pakistan’s automotive components market. According to the CCP, Treet Corporation sought approval under the Competition Act, 2010 to subscribe to additional ordinary…
Pakistan witnessed a record-breaking year for corporate growth during the fiscal year 2025-26, with thousands of new businesses entering the formal economy. According to the Securities and Exchange Commission of Pakistan (SECP), 43,559 new companies were registered during the year, reflecting a 24 percent increase compared to the previous fiscal year. The latest figures bring…
SG Power Limited has officially transformed its business strategy by changing its principal line of business from power generation to the healthcare and pharmaceutical industry. The transition marks a significant milestone for the company as it seeks to capitalize on emerging opportunities in Pakistan’s growing healthcare market. The company announced the development through a notice…
Gold prices witnessed a significant decline in Pakistan on Tuesday, mirroring a sharp downturn in international bullion markets. The sudden drop brought relief to potential buyers while drawing attention from investors closely monitoring precious metal trends. According to the All Pakistan Sarafa Gems and Jewellers Association, the price of gold per tola fell by Rs.…
Imported branded fruit juices and non-alcoholic beverages in Pakistan may soon see price increases following a major revision in customs valuation rules by Pakistan Customs. The update comes after more than a decade of unchanged valuation benchmarks. The Pakistan Customs has revised customs values for imported branded fruit juices and non-alcoholic drinks for the first…
Citi Pharma Limited has announced a major expansion move by planning to acquire 100 percent shareholding of Pakheim International Pharmaceuticals (Private) Limited, a Lahore-based medicine manufacturer. The acquisition is part of the company’s broader strategy to strengthen its position in Pakistan’s growing pharmaceutical sector. According to a notice submitted to the Pakistan Stock Exchange, the…