Karachi: The Hub Power Company (HUBC) has released its financial results for the fiscal year 2024, reporting consolidated earnings of PKR 70 billion, which is a 22% increase from the previous year. This performance has slightly exceeded market expectat…
Karachi: Habib Bank Limited (HBL) has maintained a steady interim dividend payout of PKR 4.0 per share for the second quarter of 2024, reflecting a stable financial posture despite a modest decrease in quarterly profit. The bank reported a net profit a…
Karachi: The latest report from JS Global Capital Limited offers insights into the current trends and future outlook of the Pakistan Stock Exchange (PSX), highlighting a cautious trading environment as investors await significant economic triggers. The…
Karachi: The latest foreign exchange rates provided by the Exchange Companies Association of Pakistan show minor fluctuations in major currencies against the Pakistani Rupee between August 24 and August 26, 2024. The US Dollar, Euro, British Pound, Jap…
Karachi: In the latest trading session, the KSE-100 Index witnessed marginal gains, closing up by 8 points at 78,801 points. The session was marked by volatility, albeit lower than the average of the past 10 sessions, with the index oscillating between…
Karachi: The Karachi Stock Exchange (KSE) 100 Index has delivered a significant 26% return since the beginning of the year, marking a re-rating of its forward price-to-earnings ratio from approximately 3.1x to 3.7x. This adjustment in valuation metrics…
Karachi: The KSE-100 index, a benchmark for market performance in Pakistan, is poised for potential gains after closing marginally higher at 78,801 points, reflecting a modest increase of 8 points day-on-day. The market showed a decrease in trading vol…