The intended acquisition was approximately for 52 per cent of the 60m paid-up shares of the company.
The fall in Brent crude prices to an almost five-year low of $63 per barrel has sent shivers among energy investors.
The significant drop of 35pc in global oil prices from the recent peak has unnerved investors.
KSL was back in business on Wednesday after the SECP lifted its suspension of trading facilities imposed on Nov 18.
The market is watching the company’s efforts to seek greener pastures in foreign markets, besides penetrating...
Pharmaceutical company Ferozsons Laboratories has grabbed the spotlight with its stock hitting three 'upper locks'
Transactions at the country’s stock market are mostly taking place in hard cash.
KARACHI: The Fauji Fertiliser Bin Qasim Limited (FFBL), the only fertiliser complex in the country producing DAP...
The stock market on Thursday was a picture of complete chaos and confusion.
KARACHI: Investors at the stock market seemed to take in stride the suspension of KASB Securities Limited (KSL) as...
With consumerism thriving, stock prices of listed consumer goods companies have provided investors a juicy return.
Small savers have been saddled with the 10pc at-source withholding tax deduction on profit since 2004.
Questions will be raised on the scrapping of the transaction that was meant to sell 10 per cent shares in OGDCL.
The market is excited about the 10pc sale, slated to be the biggest offering by a Pakistan-based company since the
Some stock strategists attribute the recent outflows mainly to speculators in the Gulf, while others say foreign hedge
Trade is twice as profitable as manufacturing. Just look at industrial estates. Industries are being replaced by ...
KARACHI: Siemens (Pakistan) Engineering Company was contemplating to sell its immovable properties located at Sector...
Growth in cumulative corporate profit was primarily driven by oil and gas (E&P) companies and banks
KARACHI: Habib Bank Limited (HBL) on Thursday disclosed its interest to acquire Barclays Bank PLC’s Pakistan...
Masood Textile resolves to make an equity investment of Rs200m in an associate company to set up a 12MW plant.