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…
Karachi: The KSE-100 Index closed down 230 points yesterday, settling at 78,571, with significant trading activity involving 509 million shares. The market witnessed fluctuations across various sectors, with notable performances in both gains and decli…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Gamalux Oleochemicals Limited at ‘A-/A-2’ with a stable outlook. The ratings reflect the company’s good credit quality and sound liquidity factors, indicating a strong like…
Karachi: VIS Credit Rating Company Limited (VIS) has maintained the entity ratings of Shahmurad Sugar Mills Limited (SSML) at ‘A/A-2’. The medium to long-term rating stands at ‘A’ and the short-term at ‘A-2’, indicating a stable credit quality with goo…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Al-Noor Sugar Mills Limited at ‘A-/A-2’, indicating good credit quality and a strong likelihood of timely debt repayments. The medium to long-term rating remains at ‘A-‘, s…