Karachi: The State Bank of Pakistan (SBP) reported a modest increase in its liquid foreign exchange reserves by USD 19 million, totaling USD 9.291 billion as of August 16, 2024. This increase contributes to the nation’s cautious yet positive trajectory…
Karachi: Engro Corporation (ENGRO) reported consolidated earnings from continued operations amounting to Rs2.24 billion (EPS: Rs1.6) for the second quarter of the 2024 fiscal year. This performance is part of a broader restructuring and divestment stra…
Karachi: Growth Securities (Pvt) Limited received its initial Broker Fiduciary Rating of BFR3+ from VIS Credit Rating Company Ltd., indicating good fiduciary standards with a stable outlook. This assessment reflects the company’s sound business practic…
Karachi: VIS Credit Rating Company Limited has assigned an initial Fund Stability Rating of A+(f) to Faysal Islamic Financial Growth Plan-I, indicating a moderate degree of stability in its Net Asset Value amidst varying economic conditions. This marks…