Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the instrument rating of ‘Sukuk 2’ issue of OBS Pakistan (Private) Limited at ‘A+’ (‘Single A Plus’). The long-term rating indicates good credit quality with adequate protection factors, …
Karachi: Cherat Cement Company Ltd. (CHCC) recently conducted an analyst briefing to discuss its financial results for FY24 and 1QFY25, along with its future outlook.
According to AKD Securities Limited, the company posted its highest-ever profit o…
Karachi: Pakistan Stock Exchange (PSX) has announced the appointment of Mr. Farrukh H. Sabzwari as its Chief Executive Officer (CEO). This announcement was made earlier today through a Notice issued by PSX. Mr. Sabzwari will assume his office as CEO o…
Karachi: The State Bank of Pakistan (SBP) has announced a significant reduction in the Policy Rate, slashing it by an additional 250 basis points to 15%. This move is part of the central bank’s ongoing monetary easing cycle, driven primarily by declin…
Karachi: Unilever Pakistan has unveiled its new strategy, ‘Sustainability Accelerated’, which aims to intensify the company’s efforts in climate action, plastics circularity, nature regeneration, and improving livelihoods. The strategy marks a signifi…
Karachi: Mutual funds present a convenient and effective method for investing in a diversified portfolio of securities such as stocks, bonds, and money market instruments. These funds, managed by professional fund managers, are designed to generate re…