Karachi: The KSE-100 index demonstrated a notable positive trajectory, closing at 80,566 with an increase of 353 points. The trading volume registered at 262 million shares, a decline from the previous 449 million shares.According to JS Global, the upw…
Karachi: As the city experienced its initial monsoon showers on Tuesday, K-Electric (KE) reported that power supply remained stable across the majority of the city. KE’s utility staff effectively managed the network to ensure continuous electricity thr…
Karachi: The Karachi Chamber of Commerce and Industry (KCCI) has officially requested the Federal Board of Revenue (FBR) to urgently revisit and discuss SRO 350 (I)/2004. The President of KCCI, Iftikhar Ahmed Sheikh, expressed significant concern over …
Karachi: The Karachi Stock Exchange (KSE-100) index rose by 106 points yesterday, closing at 80,672, with significant trading volume reaching 610 million shares. Key sectors such as technology, banks, and power saw the most activity, indicating a vibra…
Karachi: VIS Credit Rating Company Limited (VIS) has updated its entity ratings for Naveena Steel Mills (Pvt.) Limited (NSML) to ‘A-/A-2’ for medium to long-term and short-term respectively, reflecting good credit quality with sound liquidity factors. …
Karachi: Despite an expected sharp recovery in June sales for major auto assemblers like PSMC, INDU, and HCAR, FY24 total auto sales are anticipated to drop to a 21-year low. This comes amid sustained negative trends in auto financing and increasing ma…