The Pakistani SUV market is heating up as Hyundai Pakistan rolls out the locally assembled Hyundai Palisade Hybrid, entering the premium hybrid segment with strong features and a bold design.
(more…)Author: Faisal Shahnawaz
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Hyundai Pakistan Reveals Booking Procedure for Hyundai Palisade Hybrid SUV
Hyundai Pakistan has officially announced the booking procedure for the newly launched Hyundai Palisade Hybrid SUV, marking another major step in the brand’s expansion within the premium SUV segment in Pakistan.
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HUBCO posts 152% surge in net profit for 2QFY26, announces PKR 5/share dividend
Karachi, February 24, 2026 — The Hub Power Company Limited (HUBCO) has reported a robust financial performance for the second quarter of fiscal year 2025-26 (2QFY26), posting a 152% year-on-year (YoY) jump in profit after tax (PAT) to PKR 10.6 billion, translating into earnings per share (EPS) of PKR 8.2, compared with PKR 4.2 billion (EPS: PKR 3.2) in the same period last year.
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PTCL reports Rs9.75 billion CY25 losses despite revenue growth
Karachi, February 24, 2026 – Pakistan Telecommunication Company Limited (PTCL) on Tuesday announced net losses of Rs9.74 billion for the calendar year 2025, narrowing from Rs14.39 billion in the previous year, according to its consolidated profit and loss statement submitted to the Pakistan Stock Exchange (PSX). The company reported a loss per share of Rs1.91, compared to Rs2.82 in 2024.
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SBP releases daily KIBOR rates for February 24, 2026
Karachi, February 24, 2026 – The State Bank of Pakistan (SBP) released the daily Karachi Interbank Offered Rates (KIBOR) for Tuesday, February 24, 2026, providing updated reference rates for banks, financial institutions, and investors. KIBOR serves as a key benchmark for short-term lending and borrowing in Pakistan’s interbank market, guiding pricing for loans, deposits, and other financial instruments.
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PKR vs USD: Rupee strengthens to Rs279.52 against US dollar amid market optimism
Karachi, February 24, 2026 – The Pakistani rupee (PKR) strengthened to Rs279.52 against the US dollar at the close of Tuesday’s interbank foreign exchange market, reflecting growing market confidence and improved foreign currency inflows.
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Daily interbank foreign exchange rates in Pakistan – February 24, 2026
Karachi, February 24, 2026 – The State Bank of Pakistan (SBP) released the daily interbank foreign exchange rates for Tuesday, February 24, 2026, to provide guidance to banking consumers, traders, and businesses involved in foreign currency transactions.
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KSE-100 index dips another 1,432 points amid volatile trading
Karachi, February 24, 2026 – The KSE-100 index at the Pakistan Stock Exchange (PSX) extended its losses on Tuesday, shedding 1,432 points in a session marked by high volatility and cautious investor sentiment. The benchmark index settled at 166,258.54 points, down 0.85% from the previous close of 167,691.08.
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Unilever Pakistan reports 15% decline in CY25 profit amid higher taxes
Karachi, February 24, 2026 – Unilever Pakistan Foods Limited announced a 15% decline in profit after tax for the year ended December 31, 2025, highlighting higher tax payments as a key factor impacting net earnings. The company reported a profit after tax of Rs5.95 billion, down from Rs6.97 billion in 2024.
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Bitcoin in Free-Fall as BTC Slumps Against Dollar on Feb 24, 2026
Updated at 7:03 AM GMT: Bitcoin (BTC) witnessed a sharp sell-off against the US Dollar (USD) on Tuesday, February 24, 2026, extending its recent bearish trend and deepening losses across daily, weekly, monthly, and yearly timeframes.
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