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…
Karachi: VIS Credit Rating Company Limited has officially withdrawn the entity ratings previously assigned to Ejaz Spinning Mills Limited, effective immediately.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…
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…
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…
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…
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…