KSE-100 Index Update: January 6, 2025 The Pakistan Stock Exchange (PSX) began the new trading week on a negative note, with the KSE-100 Index falling 1.13% DoD. Market Performance: 27 shares advanced, while 70 shares declined. Top contributors to index gains included: HMB PA: +3.02% AICL PA: +10.0% MCB PA: +0.96% Major drags on the index: OGDC PA: -3.84% …
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PSO Reports Strong Earnings Boosted by LNG Profits and Strategic Resilience
Pakistan State Oil (PSO) Records Impressive Earnings in FY24 The marketing and sales of imported liquefied natural gas (LNG) in Pakistan have turned into a highly profitable venture after the government passed on rising international gas prices to local consumers. This move has enabled state-owned energy companies to avoid further accumulation of circular debt, reduce their reliance on bank borrowing, …
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