Engro Buyback: Company Completes Rs9.93bn Share Repurchase, Cancels 36.23m Shares
Engro Holdings acquires more than 36.2 million shares at an average price of Rs274.13 each, with all repurchased shares subsequently cancelled.
PSX
LSE Capital: Company Approves Joint Venture with LABLINK for Sindh Project
The proposed partnership will allow LSE Capital to participate in the pre-qualification and bidding process for a healthcare-related project in Sindh.
Fauji Foundation Acquires 19.70% Stake in Pearl-Continental Hotels Owner PSEL
The foundation purchased more than 6.4 million voting shares for Rs6.55 billion, adding another major hospitality investment to the Fauji Group’s portfolio.
Ningbo Green Light Energy Listing Marks Completion of Pakistan’s First SPAC Transaction
PSX welcomes the solar energy company to its Main Board after the successful merger with LSE SPAC-I, opening a new route for businesses to access Pakistan’s capital market.
Service Global Footwear Profit: Earnings Fall 71% QoQ to Rs570 Million
The footwear manufacturer reports lower quarterly revenue and contracting gross margins, while nine-month profit rises 82% year-on-year to Rs3.04 billion.
Systems Limited Share Price: Stock Falls 25.5% Over One Year
Pakistan’s technology company remains close to its 52-week low as its shares continue to face selling pressure, despite a modest recovery in the latest trading session.
PSX Makes Strong Comeback Of Around 2,600 Points
The Pakistan Stock Exchange (PSX) staged a strong recovery on Tuesday, with the KSE-100 Index
Ittefaq Iron Books Second Straight Year of Losses
Lahore-based steel roller Ittefaq Iron Industries Limited reported a smaller full-year loss for the year
PSX Extends Bullish Run as KSE-100 Surges Over 1,100 Points
Pakistan’s equity market continued its strong upward run as the Pakistan Stock Exchange (PSX) attracted
Sazgar Engineering Produces 4,815 Vehicles, Sales Fall to 3,225 Units in July
Four-Wheeler Production and Sales Decline Sazgar Engineering Works Limited (PSX: SAZEW) produced a combined 4,815