July 19, 2024 - Pakistan Business News

ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages NIKE, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – NKE

July 19, 2024

NEW YORK, July 19, 2024 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Class B common stock of NIKE, Inc. (NYSE: NKE) between March 19, 2021 and March 21, 2024, both dates inclusive (the “Class Period”), of the important August 19, 2024 lead plaintiff deadline. SO WHAT: If you purchased […]

Jazz Secures Record PKR 75 Billion Credit Facility to Expand 4G Services and Boost Digital Access

July 19, 2024

Karachi: Jazz, Pakistan’s leading digital service provider, has successfully negotiated the largest private-sector syndicated credit facility in the country, valued at up to PKR 75 billion. This financial boost is aimed at expanding its 4G network and …

VIS Credit Rating Company Maintains Indigo Textile’s Ratings at A and A-1

July 19, 2024

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Indigo Textile (Private) Limited at ‘A’ for medium to long-term and ‘A-1’ for short-term, indicating stable outlook and strong liquidity factors. This confirmation reflects…

VIS Credit Rating Company Withdraws Ratings for Ejaz Spinning Mills

July 19, 2024

Karachi: VIS Credit Rating Company Limited has officially withdrawn the entity ratings previously assigned to Ejaz Spinning Mills Limited, effective immediately. This decision follows the management’s directive to discontinue the ratings service.Accord…

Pakistani Rupee Holds Steady Against Major Currencies in Latest Exchange Rates

July 19, 2024

Karachi: The Pakistani Rupee displayed minor fluctuations against major global currencies this week, latest figures released by the Exchange Companies Association of Pakistan.According to Exchange Companies Association of Pakistan, the buying and selli…

KSE-100 Index Closes the Week with Slight Gain Amid Economic Optimism

July 19, 2024

Karachi: The KSE-100 Index saw a modest weekly gain of 0.2%, touching an all-time high of 81,940, driven by recent positive developments in Pakistan’s financial negotiations with the International Monetary Fund.According to JS Global, the index experie…

KSE-100 Index Edges Higher Amid Economic Optimism and Market Challenges

July 19, 2024

Karachi: The KSE-100 index closed slightly higher this week, gaining 173 points or 0.22%, finishing at 80,117 points as market optimism following a new agreement with the IMF was tempered by ongoing political and economic uncertainties.According to AKD…

KSE-100 Index Suffers Major Drop Amid Political Uncertainty

July 19, 2024

Karachi: The Karachi Stock Exchange closed sharply lower as political uncertainty led to a selloff, with the KSE-100 index losing 1,722 points to end the day at 80,118.According to JS Global, the market started the day on a positive note but quickly lo…

Karachi Chamber of Commerce Demands Reevaluation of Tax and Energy Policies to Support Local Businesses

July 19, 2024

Karachi: The President of the Karachi Chamber of Commerce & Industry (KCCI), Iftikhar Ahmed Sheikh, has called on the government to reconsider its current taxation and energy pricing strategies, which he claims are stifling local businesses and could l…

KSE-100 Sees Significant Gain, Closes at 81,840 Amid Diverse Sector Activities

July 19, 2024

Karachi: The KSE-100 Index experienced a notable increase yesterday, closing up 684 points at 81,840, with trading volume reaching 470 million shares. The day’s trading saw significant activities across technology, cable, and investment sectors, highli…

FLASHNEWS:

KSE-100 Index Shows Positive Momentum with Strong Session Gains

KSE-100 Index Sees Volatile Session, Closes Higher

The Bank of Punjab Maintains Strong Financial Position Amid Market Challenges

K-Electric Hosts Event to Empower Persons with Disabilities

KSE Indices Show Modest Gains Amid Regional Market Fluctuations

Day: July 19, 2024

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