Karachi: The KSE-100 Index witnessed a turbulent trading session, marked by significant fluctuations and a decline of 309 points, closing at 114,496. Despite starting positively, the index faced a swing of 506 points on the low end and 969 points on t…
Karachi: The Pakistan Stock Exchange (PSX) experienced a decline on the KSE30 and KSE100 indices, with both indices showing a decrease in value. The KSE30 index fell by 241 points, a 0.67% drop, while the KSE100 index declined by 658.97 points, markin…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of First Paramount Modaraba at ‘BBB/A3’. The ratings reflect adequate credit quality with a stable outlook. The medium to long-term rating of ‘BBB’ signifies reasonable prote…
Karachi: Jubilee Life Insurance Company Limited has retained its prestigious Insurer Financial Strength (IFS) rating of AA++ with a stable outlook, according to recent ratings by The Pakistan Credit Rating Agency Limited (PACRA). Despite a challenging…
Karachi: The President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Atif Ikram Sheikh, has called for the establishment of a free trade agreement (FTA) or a preferential trade agreement (PTA) between Pakistan and Bangladesh…
Karachi: Currency exchange rates in Pakistan experienced slight fluctuations over two consecutive days, with minor changes recorded in the buying and selling rates of major currencies.
According to a statement by Exchange Companies Association of Pa…