Karachi: The KSE-100 index concluded the week on a positive note, marking a gain of 435 points or 0.55% week-over-week, buoyed by the Monetary Policy Committee’s unexpected 200 basis points cut in the policy rate to 17.5%. This decision came in respons…
Karachi: The KSE-100 index experienced a momentous yet brief rise above the 80,000-point mark, ultimately facing selling pressure that restrained further gains by week’s end. Notable economic announcements, including a pending IMF program decision and …
Karachi: The latest currency exchange rates reveal minor adjustments in the buying and selling prices of major currencies against the Pakistani Rupee, as recorded over consecutive days. These changes indicate a stabilization trend in the interbank rate…
Karachi: The Karachi Stock Exchange’s KSE-100 index closed higher, ending the day at 79,018, an increase of 366 points. Trading volumes reached a high of 584 million shares, up from 533 million in the previous session. The index remained above its 50-d…
Karachi: The KSE-100 index demonstrated significant volatility in its latest session, ultimately closing with a robust gain of 366 points, ending at 79,018 points. The market saw a slight dip in trading volumes compared to the previous session but main…
Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Almoiz Industries Limited (AMIL) at ‘A/A-2’. The ratings reflect good credit quality and a stable outlook, indicating sound liquidity and a good likelihood of meeting…