Karachi, VIS Credit Rating Company Ltd. has reaffirmed the Broker Management Rating of Taurus Securities Limited at ‘BMR2+’, highlighting its strong compliance, risk management, and stable financial performance. The outlook for the rating remains stabl…
Day: June 28, 2024
StockSmart Weekly Review: Modest Declines Amid Fiscal Close and Policy Changes
Karachi, The KSE-100 index concluded the week with a modest decline, dropping 365 points or 0.46% week-over-week, amid mixed signals from the financial sector and policy adjustments. The trading atmosphere was notably tempered by the fiscal year’s end …
TRG Pakistan Posts PkR16.7 Billion Loss in 9MFY24 Amid Market Volatility
Karachi, TRG Pakistan Ltd (TRG) revealed significant financial challenges in its latest analyst briefing, posting a loss of PkR16.7 billion for the nine months ending FY24, a stark contrast to the PkR5.7 billion profit in the same period last year. The…
VIS Maintains Strong Ratings for Saudi Pak Industrial and Agricultural Investment Company
Lahore, VIS Credit Rating Company Limited has reaffirmed the robust entity ratings of Saudi Pak Industrial and Agricultural Investment Company Limited at ‘AA+/A-1+’, indicating high credit quality and the highest certainty of timely payments.According …