Islamabad: The International Monetary Fund (IMF) has released its projections for Pakistan’s economy, anticipating a GDP growth rate of 3.2% for the fiscal year 2025. This marks an improvement from the 2.4% growth recorded in FY24, as detailed in the I…
Karachi: The Exchange Companies Association of Pakistan (ECAP) has released the latest currency exchange rates, showing slight fluctuations across major currencies. The data provides a snapshot of buying and selling rates for key currencies such as the…
Karachi: The KSE-100 index experienced a positive shift, gaining 409 points to close at 86,467. Trading volumes surged to 722 million shares, significantly higher than the previous session’s 475 million shares. Analysts predict potential resistance bet…
Karachi: In a robust display of market strength, the KSE-100 index not only opened strong but also maintained its bullish momentum throughout the last trading session, ultimately gaining 409 points to close at 86,467. The session saw a significant incr…
Karachi: Fauji Fertilizer Bin Qasim Ltd. (FFBL) announced a substantial increase in its third-quarter earnings for CY24, registering a 51% year-over-year rise in profits, significantly surpassing market expectations. The robust earnings come despite a …
Karachi: The Pakistani cement industry faces mixed financial outcomes for the first quarter of fiscal year 2025, as reported by AKD Securities Limited. While some companies like Pioneer Cement Ltd. (PIOC) and Kohat Cement Company Ltd. (KOHC) are expect…