Business - DAWN.COM

ECC allows NLC to take over Pakistan National Shipping Corporation

The national carrier handles around 12pc of Pakistan’s sea-route cargo requirements, resulting in foreign exchange outflows on freight payments.

Published 20 May, 2026 07:35am

PSX Highlights of the Day

Company	Price	Change	Change %	Volume
GSPMNC	4.24	0.51	13.67 ▲	5,533
STPL	7.73	0.9	13.18 ▲	7,254,975
CTM	8.49	0.89	11.71 ▲	5,942,241
PASMNC	6.51	0.68	11.66 ▲	17,503
OBOY	11.62	1.06	10.04 ▲	5,165,076

Company	Price	Change	Change %	Volume
HIRATNC	8.17	-1	-10.90 ▼	9,330,629
SGPL	49.55	-5.5	-9.99 ▼	2,552,900
SPAC1	17.2	-1.91	-9.99 ▼	959,957
TPLL	18.79	-2.07	-9.92 ▼	10,551
JDMT	95.08	-10.38	-9.84 ▼	42,601

Source: PSX | Updated May 19, 2026

Govt set to approve Rs3.5tr development plan

Schedules Annual Plan Coordination Committee and National Economic Council meetings early next month to clear a consolidated national development programme.

Published 20 May, 2026 07:02am

Foreign investment plunges to $1.409bn

China remains top investor despite overall decline in inflows.

Published 20 May, 2026 07:02am

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History made at Giga Boutique Mall: Hussain Rehar sells out within two hours on opening day

The launch of Giga Boutique Mall on May 15 marked a defining moment for Pakistan’s luxury retail industry.

Buying returns, volume stays thin as tensions ease

Index snaps seven-session losing streak; benchmark index maintains its upward momentum throughout the session.

Updated 20 May, 2026 07:33am

Pakistan can buy Russian oil as US offers relief to energy-vulnerable countries

The US has introduced a 30-day general licence issued by the US Department of the Treasury to ease immediate supply pressures in global crude markets.

Updated 20 May, 2026 09:50am