September 12, 2024 - Pakistan Business News

FLASHNEWS:

PPL’s Receivable Collection Surges to 113% in Fourth Quarter of FY24

Foreign Exchange Rates Slightly Adjust on Consecutive Days

KSE-100 Hits Record High Despite Foreign Outflows and Lower Volumes

KSE100 Index Climbs as Interest Rate Cuts and IMF Funds Boost Pakistan’s Stock Market

At-Tahur Ltd Reports Significant Growth in FY24, Despite Margin Challenges

Home » Archives for September 12, 2024

Day: September 12, 2024

World’s Biggest Cocktail Competition Names Keegan McGregor as World Class Global Bartender of the Year

September 12, 2024

Thousands competed in the 15th edition of World Class for the coveted title SHANGHAI, Sept. 12, 2024 (GLOBE NEWSWIRE) — Keegan McGregor from Canada has been awarded the coveted title of World Class Global Bartender of the Year 2024 at the world’s biggest cocktail competition, celebrated in Shanghai this year. Competing against finalists from 44 regions around […]

A Foreign Enterprise Increases Capital and Expands Production in Haicang, Xiamen, China

September 12, 2024

XIAMEN, China, Sept. 12, 2024 /Xinhua-AsiaNet/– A foreign company, Lifetime (Xiamen) Plastic Products Co., Ltd. (“Lifetime”), announced recently to boost its annual capacity by 6.5 million pieces of multifunctional leisure products made with high-tech materials in Haicang District, Xiamen, a decision made by its American headquarters after witnessing steady growth in this promising land over […]

Sindh High Court Orders KMC to Reissue Rent Challans for Hawke’s Bay Huts

September 12, 2024

Karachi: The Sindh High Court (SHC) has mandated the Karachi Metropolitan Corporation (KMC) to reissue rent challans for the huts at Hawke’s Bay, setting a compliance deadline within 15 days.

According to Zameen.Com, the ruling followed deliberation…

Court Adjourns Silk Bank AGM Extension Decision, Ratings Under Review

September 12, 2024

Karachi: Silk Bank Limited’s application for an extension of its Annual General Meeting (AGM) was adjourned until September 12, 2024, by a court order, as the bank awaits further developments on its entity ratings which are currently under negative wa…

VIS Maintains Stable Outlook on Ana and Batla Industries Amid Expanding Product Demand

September 12, 2024

Karachi: Ana and Batla Industries (Private) Limited (ABI), a key player in Pakistan’s hygiene product market, has had its credit ratings reaffirmed by VIS Credit Rating Company Limited (VIS) at ‘BBB/A-2’ for medium to long-term and short-term obliga…

KSE-100 Faces Sharp Decline Amid Increased Volatility

September 12, 2024

Karachi: KSE-100 index experienced a bearish session as it opened positively but remained volatile, concluding with a significant loss. The local bourse recorded a high of 220 points and a low of 675 points before settling down 635 points at 78,652. T…

KSE-100 Slips Below 50-Day Moving Average, Closing at 78,652 Amid Mixed Signals

September 12, 2024

Karachi: The KSE-100 index witnessed a decline, failing to hold onto its intraday high and closing down at 78,652, a decrease of 635 points day-over-day. Trading volumes increased slightly, with 533 million shares exchanged compared to the previous se…

KSE-100 Slips Below 50-Day Moving Average, Closing at 78,652 Amid Mixed Signals

September 12, 2024

KSE-100 Drops 635 Points, Amid Broad Sector Activity and Economic Updates

September 12, 2024

Karachi: The KSE-100 index witnessed a notable decrease of 635 points, closing at 78,652, with a trading volume of 533 million shares. The market’s activity centered predominantly in the technology, cable, and textile spinning sectors, showcasing dive…