Karachi: Fauji Fertilizer Company Ltd. (FFC) has posted significant gains in its 2QCY24 financial results, revealing a substantial increase in earnings and announcing the highest quarterly dividend payout in the company’s history. The results indicate …
Karachi: The Karachi Stock Exchange’s benchmark KSE-100 index saw a significant increase, gaining 798 points to close at 78,828, amid a high volume of trades and notable policy announcements that have resonated across various sectors. The trading sessi…
Karachi: The KSE-100 index demonstrated a robust upward movement, closing at the 78,828 level, marking an increase of 798 points. This positive trend is anticipated to continue with potential to breach recent highs, as the market shows signs of sustain…
Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the credit ratings of Akhtar Textile Industries (Private) Limited (ATIL) at ‘A/A-2’, reflecting the company’s good credit quality and stable financial outlook despite the challenging texti…
Karachi: The Pakistan Stock Exchange (PSX) experienced range-bound activity on Tuesday, reflecting investor neutrality after the State Bank of Pakistan (SBP) cut the policy rate by 100 basis points. Despite the subdued overall market movement, specific…
Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings for Madina (Pvt.) Limited (MPL) at ‘BBB/A-2’, reflecting adequate credit quality with stable outlook, despite ongoing challenges in the edible oil industry. This rating …