Karachi, April 2, 2026 – Unilever Pakistan Foods Limited has officially disclosed material information to the Pakistan Stock Exchange (PSX) following a major global development involving its parent company.
(more…)Author: Faisal Shahnawaz
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Bitcoin price falls to $66,584 – weekly and yearly trends
The price of Bitcoin (BTC) has shown notable volatility against the United States Dollar in recent days, reflecting ongoing fluctuations in the global cryptocurrency market.
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CCP penalizes Unilever, FrieslandCampina Engro over misleading ice cream ads
Islamabad, April 2, 2026 – The Competition Commission of Pakistan (CCP) has successfully enforced penalties against Unilever Pakistan and FrieslandCampina Engro Pakistan for deceptive marketing practices, recovering Rs35 million for misleading consumers by advertising frozen desserts as “ice cream.”
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KSE-100 Index jumps 6,768 points as PSX tracks global rally
Karachi, April 1, 2026 – The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) staged a powerful rebound on Wednesday, surging by 6,768 points in line with strong gains across global equity markets. The rally reflects renewed investor confidence driven by improving external cues and easing commodity prices.
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Pakistan allows teen bank accounts: SBP new framework
Karachi, April 1, 2026 – In a major step towards financial inclusion, the State Bank of Pakistan (SBP) has introduced a new framework allowing teenagers aged 13 to 18 years to open and operate bank accounts in their own names. The initiative aims to promote savings habits and provide early exposure to financial services among young Pakistanis.
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Rupee gains 3 paisa against USD after IMF approval
Karachi, April 1, 2026 – The Pakistani rupee recorded a modest gain of 3 paisa against the US dollar on Wednesday, supported by positive market sentiment following the approval of a Staff-Level Agreement with the International Monetary Fund (IMF). The development has paved the way for Pakistan to potentially access $1.21 billion in external funding.
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OGDCL begins major oil and gas production at Spinwarm-1 in Waziristan
Karachi, April 1, 2026 – Oil and Gas Development Company Limited (OGDCL) has announced the commencement of oil and gas production from the Spinwarm-1 discovery in Waziristan, marking a significant development in Pakistan’s energy sector.
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KSE-100 Index Hits Upper Lock After 7,500-Point Surge
Karachi, April 1, 2026 – The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) witnessed a sharp rally on Wednesday, triggering an upper circuit breaker after gaining nearly 7,500 points in intraday trading.
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PSX records worst March as KSE-100 falls 11.5%
Karachi, April 1, 2026 – The Pakistan Stock Exchange (PSX) witnessed a sharp downturn in March 2026, with the benchmark KSE-100 Index posting its worst monthly performance in years. The index plunged by 19,319 points on a month-on-month basis, translating into a negative return of 11.5%—the steepest decline since March 2020 in percentage terms.
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FIFA stands firm as Iran World Cup matches stay unchanged
Gianni Infantino has dismissed all safety concerns and rejected calls to relocate Iran’s World Cup matches, confirming that the team will compete as originally scheduled despite ongoing geopolitical tensions.
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