Karachi, The Karachi Stock Exchange’s benchmark 100-index (KSE-100) experienced another volatile trading session, closing at 64,515 points, a decrease of 124 points day-over-day. The market’s technical outlook indicates a continuation of its sideways t…

Karachi, Pakistan Aluminium Beverage Cans Ltd (PABC) is set to report a seasonal dip in its earnings per share (EPS) for the fourth quarter of the calendar year 2023 (4QCY23), as per the latest financial forecasts. Despite the expected quarterly declin…

Karachi, Mian Zahid Hussain, a prominent business leader and Chairman of the National Business Group Pakistan, warned of the adverse effects on Pakistan’s economy due to the anticipated shrinkage in global GDP. In a statement on January 8, 2024, Hussai…

Karachi, Rizwan Abdul Sami, Chairman of Jinnah Town, has voiced strong objections to the recent tree cutting activities conducted on Shaheed Millat Road by the Horticulture Department of Karachi Municipality. The incident, which involved the removal of…

Islamabad, The Islamabad Chamber of Commerce and Industry (ICCI) has expressed grave concerns regarding the significant losses incurred by Pakistan’s state-owned entities (SOEs), amounting to approximately Rs.1.4 trillion during the fiscal years 2021 a…

Karachi, VIS Credit Rating Company Limited has announced the immediate suspension of the ‘BBB/A-2’ entity ratings previously assigned to Quality Textile Mills Limited (QTML). The suspension is due to a lack of necessary information needed for a complet…

Lahore, VIS Credit Rating Company Limited has revised the medium to long-term rating of Kot Addu Power Company Limited (KAPCO) from ‘AA’ to ‘A+’, while keeping its short-term rating at ‘A-1’. The downgrade of the long-term rating reflects changes in KA…