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Select Technologies Limited IPO Pakistan 2026 book building Xiaomi Hisense smartphones air conditioners smart TVs Karachi stock market

Select Technologies IPO registration opens; book building scheduled for June 22-23

Nayab Fatima2026-06-18

Wholly-owned subsidiary of Air Link Communication, producer of Xiaomi and Hisense devices, is entering the capital markets of Pakistan in its historic Initial Public Offering Investor registration for the Select Technologies Limited IPO will begin on June 17, 2026, and close at 3pm on June 23, 2026. Book building itself will be carried out on ... Read more

Engro Vopak Terminal Agreement renewed at Port Qasim to support Pakistan LPG Terminal operations and future investment plans

Port Qasim Authority Renews Engro Vopak Terminal Implementation Agreement

Nayab Fatima2026-06-18

KARACHI: Engro Vopak Terminal Limited (EVTL) – joint venture of Engro Corporation and Royal Vopak – has succeeded in renewing the Implementation Agreement of its terminal, ensuring that the company continues to fulfill its role of operating the only integrated bulk liquid chemicals and LPG terminal of Pakistan. The renewal represents the continuation of a ... Read more

KSE-100 Iran US peace deal rally on June 19 2026 showing the index at 181594.40 after gaining over 1,083 points

KSE-100 Tops 181,500 as Iran-US Peace Deal Reopens Strait of Hormuz

Nayab Fatima2026-06-18

KARACHI: The Karachi Stock Exchange index climbs up by around 1,100 points, following the signing of an interim memorandum by both Tehran and Washington that calls for lifting of the naval blockade and Hormuz closure, despite President Donald Trump threatening to bomb again if Iran reneges on its promises. The Pakistani stock market maintained its ... Read more

demand for petrol price reduction in Pakistan.

Petrol Prices in Pakistan May Crash Soon, Hafiz Naeem Demands Rs225 Per Litre

Nayab Fatima2026-06-17

LAHORE: As part of a larger preliminary pact that saw the reopening of the vital Strait of Hormuz after negotiations with Iran, international benchmarks for crude oil have fallen to their lowest level in three months. While the government has made some slow progress in reducing the cost of fuel in line with these revised ... Read more

Pakistan's textile export values by category for July-May fiscal year 2025-26.

Pakistan’s Textile Exports Climb to $16.67 Billion Over 11 Months

Nayab Fatima2026-06-17

ISLAMABAD: Resilience within the domestic manufacturing industry is clearly visible from a worldwide perspective. The Pakistani textile exports have shown steady 1.83% increase in year-on-year terms and have reached a level of $16.665 billion within the first 11 months of fiscal year 2025-26. This can be clearly witnessed from the data released by the Pakistan ... Read more

Pakistani Scientist Battery Startup founder Professor Muhammad Yousaf receives a business license in Xiaoshan, Hangzhou, China.

Pakistani Scientist Secures Business License in China’s Innovation Hub

Nayab Fatima2026-06-17

HANGZHOU: A scientist from Pakistan has become one of the newest businessmen in China’s vibrant entrepreneurship environment, after obtaining his business license in a historic occasion that marked the 300,000 mark in market entities registered in Xiaoshan District. This achievement is indicative of the quick growth of entrepreneurship in the economically important Xiaoshan District of ... Read more

Select Technologies Limited Announces IPO to Raise PKR 2.489 Billion for Expansion in Technology Manufacturing

Nayab Fatima2026-06-16

KARACHI: Select Technologies Limited, which is a subsidiary company of Air Link Communication Limited, will make an Initial Public Offer worth PKR 2.489 billion. This decision is aimed at increasing the manufacturing of hi-tech products for customers in the country. Prospectus to offer the issue of 88,888,889 shares constituting 10% of paid-up capital after the ... Read more

Iranian rial Pakistan market surge US Iran agreement 2026 exchange companies rupee currency demand

Iranian Rial Explodes in Pakistan as 25 Billion Worth Sold in Single Day

Nayab Fatima2026-06-16

KARACHI: The country’s open currency exchange market experienced an exceptional buying frenzy of the Iranian rial on Monday when information about the new deal between the US and Iran came out from trading markets in Karachi, Lahore, and Quetta. The Exchange Companies Association of Pakistan informed that on one single day, Rs25 billion of the ... Read more

SBP interest rate unchanged June 2026 monetary policy committee MPC holds policy rate 11.5 percent

SBP Freezes Interest Rate at 11.5% to End FY26

Nayab Fatima2026-06-16

KARACHI: The State Bank of Pakistan kept its key interest rate steady at 11.5 percent, bringing the curtains down on fiscal year 2025-26 with a status quo as opposed to a rate hike. It is the first time since April 2026 when the central bank had increased SBP interest rate by 100 basis points that ... Read more

SLM Tyre PSX Listing drives Servis Group into the $1bn club after shares surged on debut trading at the Pakistan Stock Exchange

SLM Shares Surge on Debut, Servis Group Joins $1bn Club

Faraz Ali Ansari2026-06-15

KARACHI: Service Long March Tyres Limited (SLM) shares surged to the maximum allowable daily gain on their first trading day at the Pakistan Stock Exchange (PSX) on Monday, pushing the combined market capitalisation of Servis Group past the $1 billion mark. SLM shares opened at Rs21.95, a 10.03% jump from the issue price and held ... Read more

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Business

Select Technologies IPO registration opens; book building scheduled for June 22-23

Port Qasim Authority Renews Engro Vopak Terminal Implementation Agreement

KSE-100 Tops 181,500 as Iran-US Peace Deal Reopens Strait of Hormuz

Petrol Prices in Pakistan May Crash Soon, Hafiz Naeem Demands Rs225 Per Litre

Pakistan’s Textile Exports Climb to $16.67 Billion Over 11 Months

Pakistani Scientist Secures Business License in China’s Innovation Hub

Select Technologies Limited Announces IPO to Raise PKR 2.489 Billion for Expansion in Technology Manufacturing

Iranian Rial Explodes in Pakistan as 25 Billion Worth Sold in Single Day

SBP Freezes Interest Rate at 11.5% to End FY26

SLM Shares Surge on Debut, Servis Group Joins $1bn Club

FBR Warns Jewelers of Bank Account Freeze Over Non-Compliance

Maker of Soya Supreme Cooking Oil Plans Pakistan IPO This Month to Fund Plant Expansion

Momentum Logistics Delivers 112 Electric Buses Across 12 Punjab Cities

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