⚠️ Petrol Pump Strike Alert
Following unsuccessful talks with the government, petrol pump owners have announced an indefinite nationwide strike starting 12:00 AM on July 23, 2026.
Company-operated (COCO) petrol pumps will remain operational.
#Pakistan#KSE100
📈 Interloop (ILP) is set for an earnings turnaround on the back of capacity expansion across its Apparels, Denim, and Hosiery segments, according to JS Global Research.
JS has reiterated a ‘Buy’ rating with a target price of Rs137.
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⛽ Fuel Prices Increased in Pakistan
The government has increased petrol by Rs. 4.93/litre and high-speed diesel by Rs. 7.15/litre.
The revised prices will come into effect from July 22, 2026.
#Pakistan#Fuelprices
🚨After the failure of talks between petrol pump owners and the government, an announcement has been made by pump owners to shut down pumps nationwide for an indefinite period starting tomorrow at midnight, instead of today.
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🚨 SECP has approved the prospectus of Tasdeeq Information Services Ltd., marking the first IPO of FY27.
The company will offer 219 million shares through book building, with 75% allocated to institutional & HNW investors and the remaining 25% for retail investors.
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🔴 BREAKING: President Trump warns that any attack resulting in the death of an American soldier by Iran will be met with an overwhelming response, saying Iran would “pay many times over.”
🇵🇰 PSX investor participation hit a record high in FY26.
Unique Identification Numbers (UINs) reached 583,000, up 48% YoY, marking the highest level in the exchange’s history as the KSE-100 delivered one of its strongest years on record.
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🔴 ⚠️ BREAKING: Reports suggest mediators have proposed a 10-day pause in hostilities to create an opportunity for reviving an interim nuclear agreement between Iran and the United States.
🇵🇰 Pakistan is set to move toward daily fuel price revisions amid ongoing global oil market volatility, Petroleum Minister Ali Pervaiz Malik confirmed.
The shift comes as geopolitical tensions continue to impact international crude prices.
-Dawn Reported
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⛽ Fuel Price Update (Expected)
Petrol is expected to increase by Rs7.78/litre, while High-Speed Diesel (HSD) could see a sharp hike of Rs47.81/litre in the upcoming fortnightly price revision, driven by higher international oil prices.
#Pakistan#Petrol#Diesel