Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its entity ratings for Engro Elengy Terminal (Private) Limited (EETPL), citing its pioneering role in the LNG industry and strong backing from its parent companies.According to T…
Islamabad: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of the Alhamra Wada Fund (ALH WF), a low-risk profile fund focused on Shariah-compliant fixed-income securities.According to The Pakistan Credit Rating Age…
Islamabad: The Pakistan Credit Rating Agency Limited (PACRA) has upheld the stability rating of the MCB Pakistan Fixed Return Fund (MCB PFRP), recognizing its consistent investment in high-quality, low-risk avenues and robust credit quality.According t…
Karachi: United Bank Limited (UBL) has completed the sale of its 55% stake in United National Bank Limited UK (UNBL UK), resulting in a capital gain of PkR7.2 billion.According to AKD Securities Limited, the transaction was finalized after receiving al…
Karachi: Mr. Farrukh H Khan has resigned as the Chief Executive Officer of the Pakistan Stock Exchange Limited (PSX), effective July 4, 2024. His departure marks the end of a significant era of leadership that saw substantial advancements in Pakistan’s…
Karachi: The KSE-100 index surpassed the 80,000 milestone this week, marking a significant 2.3% increase, as reported by JS Global Capital Limited. This rise is accompanied by a 2% increase in market capitalization and significant growth in trading vol…