Karachi: The banking sector is set to maintain robust dividend payouts in the second quarter of 2024, with AKD Securities projecting a significant 26% year-over-year jump in net profit after tax (NPAT) for its banking universe. The anticipated NPAT for…
Islamabad: Pakistan’s fiscal landscape has shown significant improvement as the country recorded a primary budget surplus of 0.9% of GDP in FY24, the first in 20 years, despite a fourth-quarter deficit of 0.6%. The annual fiscal deficit for FY24 improv…
Karachi: The KSE-100 index saw a significant upturn yesterday, gaining 798 points to close at 78,828, with 370 million shares traded. This surge in the stock market was led by notable performances in various sectors, particularly in technology, cable, …
Karachi: The KSE-100 index endured a volatile trading session, opening on a positive note but ultimately concluding with a loss. The index posted a high of 499 points and a low of 310 points before settling at 78,629 points, marking a decline of 199 po…
Karachi: The Pakistani Rupee showed minimal fluctuations against major currencies in the foreign exchange markets on July 30 and 31, 2024, as detailed by the latest figures from the Exchange Companies Association of Pakistan.According to Exchange Compa…
Karachi: The KSE-100 index concluded its trading session at 78,629, unable to hold on to its earlier high of 79,327, resulting in a decline of 199 points day-over-day. Trading volumes stood at 313 million shares, reflecting a decrease from the previous…