Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of the Alfalah GHP Sovereign Fund at AA-(f) with a stable outlook, recognizing the fund’s robust investment in government securities and its strategic manage…
Karachi: Secure Logistics Group Limited (SLG), a key player in integrated logistics, asset tracking, and security services, has maintained its entity ratings at ‘A+’ for long-term and ‘A1’ for short-term, reflecting a stable financial outlook. These ra…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed its stability rating for the Alfalah Islamic Rozana Amdani Fund, maintaining a long-term rating of AA(f) with a stable outlook. This decision reflects the fund’s continued low-ri…
Karachi: Pakistani banks are poised to record their highest quarterly core income in the third quarter of 2024, driven by a notable decrease in funding costs relative to asset yields.According to JS Global, the comprehensive analysis of banks under the…
Karachi: The Karachi Stock Exchange’s KSE-100 index witnessed a decline, closing down 222 points at 85,261 amidst a trading volume of 477 million shares. The downturn was mirrored by notable shifts in various sectors, with technology, power, and refine…
Karachi: The Exchange Companies Association of Pakistan reported minor fluctuations in the exchange rates of major currencies over the past few days, with the U.S. dollar, Euro, and British Pound showing slight variations in buying and selling prices.A…