Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of the AKD Cash Fund, citing its robust investment in highly secure, short-term debt instruments that ensure both liquidity and minimal exposure to credit and…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of the AKD Islamic Income Fund (AKDISIF), which is recognized for its low-risk profile and commitment to providing halal income through Shariah-compliant inv…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its stability rating for the AKD Islamic Daily Dividend Fund (AKD IDDF), affirming the fund’s low-risk profile and its focus on generating competitive returns through daily divid…
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of the MCB DCF Income Fund, recognizing its balanced investment approach. The Fund, which seeks to offer superior fixed income returns, has maintained a subst…
Karachi: The Pakistan Stock Exchange (PSX) experienced a volatile trading day, with the KSE-100 index initially climbing to a peak of 79,214 before succumbing to profit-taking and closing down by 283 points at 78,615. Despite the positive opening, the …
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its stability rating for the AKD Aggressive Income Fund (AKD AIF), a medium-risk investment fund aimed at providing investors with a reliable method to invest in a varied portfol…
Karachi: Mughal Iron and Steel Ltd. (MUGHAL) and Amreli Steels Limited (ASTL), two prominent players in the rebar industry, are set to face subdued earnings for the fourth quarter of fiscal year 2024. This outlook aligns with a broader sectoral deceler…