Lahore: The Central Business District Punjab (CBD) unveiled plans for the imminent launch of the Lahore Global Village (LGV), poised to revitalize the city’s commercial, dining, and leisure sectors. The announcement, made on September 30, positions LGV…
Islamabad: Bestway Cement Limited (BWCL) disclosed its financial outcomes for the fiscal year 2024, showing a significant profit rise and a boost in market share during its analyst briefing today.According to AKD Securities Limited, BWCL’s profits clim…
Karachi: International Industries Limited (INIL) reported a 35% decline in profit for the fiscal year 2024, posting earnings of PkR1.5 billion (EPS: PkR11.17) compared to PkR2.3 billion (EPS: PkR17.23) in the same period last year. The decrease is attr…
Islamabad: The International Monetary Fund (IMF) has approved a new 37-month Extended Fund Facility for Pakistan worth SDR 5,320 million (approximately US$7 billion), with an initial disbursement of SDR 760 million (US$1 billion). This financial suppor…
Karachi: The KSE-100 index lost 590 points, closing at 81,658, with 423 million shares traded in a day marked by declines across several sectors. The market saw notable activity in the Technology, Investment Companies, and Cement sectors, with mixed pe…
Karachi: The Exchange Companies Association of Pakistan has reported slight changes in the exchange rates for major currencies including the US Dollar, Euro, and British Pound as of the end of September 2024. The local currency saw varied movement agai…