Lahore, September 04, 2023 (PPI-OT): AL Habib Islamic Savings Fund (or the “Fund”) is an open-ended medium risk profile Fund. The objective of the Fund is to provide competitive risk adjusted returns to its investors by investing in a diversified portf…
Lahore, September 04, 2023 (PPI-OT): MCB Islamic Bank’s profit before tax has soared from Rs. 595 million in June 2022 to an impressive Rs. 4.013 billion for the half-year ended June 30, 2023. This achievement reflects the bank’s commitment to low-cost…
Islamabad, September 04, 2023 (PPI-OT): Bank Alfalah, one of the leading commercial banks in Pakistan, strengthens its longstanding partnership with ACE Money Transfer, a leading fintech platform to enable overseas Pakistanis to remit money back home s…
Karachi, September 04, 2023 (PPI-OT): KSE-100 – Pullback inside the band is likelyThe index opened on a flat note and faced a volatile session. The local bourse posted a low of 207pts, a high of 356pts and concluded with a gain of 310pts to settle at 4…
Karachi, September 04, 2023 (PPI-OT): KSE-100; Consolidation expected below the 50-DMAKSE-100 index witnessed a volatile session to close at 45,313, up 310 points. Volumes stood at 162mn shares versus 287mn shares traded previously. The index is expect…
Karachi, September 04, 2023 (PPI-OT): Fuel price hikes and falling PKR imply burden on prospective CPIAug-2023 CPI clocked in at 27.4% YoY, lower than street estimates as MoM increase came in at 1.7% vs estimate of 2.83% MoM. This was in contrast to tr…
Karachi, September 04, 2023 (PPI-OT): KSE-100 lost 526-point yesterday, to close at 46,245 with 200Mn shares being traded. Top performance as per price change was witnessed in INIL, MUREB and THALL. Top decliners KAPCO, HCAR and AVN. Activity was mainl…