Business - DAWN.COM

OGDCL makes significant oil, gas discovery in Sindh’s Sanghar district

Drill stem test yields 2,000 barrels of oil per day and 1.1 million standard cubic feet of gas per day.

Published 03 Jun, 2026 09:20pm

PSX Highlights of the Day

Company	Price	Change	Change %	Volume
WASL	5.91	1	20.37 ▲	7,365,535
GSPMNC	6.18	1	19.31 ▲	239,598
FANM	6.88	1	17.01 ▲	887,839
CLCPS	3.85	0.44	12.90 ▲	1,008,492
CHBL	9.61	0.91	10.46 ▲	918,322

Company	Price	Change	Change %	Volume
KPUS	2	-240.51	-10.00 ▼	706
DIIL	71.48	-7.9	-9.95 ▼	216,947
TSMF	16.88	-1.62	-8.76 ▼	1,579,031
POWERPS	27.79	-2.41	-7.98 ▼	6,093
FPRM	13.9	-1.1	-7.33 ▼	51,023

Source: PSX | Updated Jun 03, 2026

In meeting with business leaders, PM Shehbaz says govt taking measures to bring informal economy into tax net

PM Shehbaz notes that a “strong partnership” with the private sector is a “guarantee of economic growth".

Updated 03 Jun, 2026 06:11pm

Parliamentary affairs minister says budget to be presented on June 10

Tariq Fazal Chaudhry says announcement postponed for "consultations" with coalition allies.

Published 03 Jun, 2026 11:08am

Branded Content

One Homes announces $35m foreign investment in Lahore after success of One Canal Road development

One Homes has acquired a prime site on Raiwind Road, where the developer will launch its next landmark residential project in Lahore.

K&N's SmartCooking Recipes: Lucknowi Kabab Handi

Tender kababs simmered in a rich, creamy Lucknowi-style handi sauce infused with aromatic spices and cashew paste.

'From Collapse to Comeback': The rise of ABHI Bank

The shareholder’s origins have always been rooted in technology and financial innovation.

US proposes new tariffs on 60 economies, including Pakistan, over failure to act on forced labour

The proposed tariffs range from 10 per cent to 12.5pc, according to a government filing, and they will undergo a public comment period before a final decision is made.

Updated 03 Jun, 2026 02:58pm

No extra tax on poultry feed makers, rules FCC

Overturns LHC ruling that manufacturers must pay 4pc tax on sales to unregistered entities.

Published 03 Jun, 2026 07:03am

Electricity prices likely to rise by Rs1.74 per unit

Nepra holds public hearing after CPPA asks for additional fuel cost adjustment due to Iran war disruptions; regulator seeks report from K-Electric over "excessive loadshedding" in Karachi.

Published 03 Jun, 2026 06:59am