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: The latest currency exchange rates in Pakistan have shown slight variations, with the US Dollar, Euro, and British Pound recording marginal changes. The interbank rates for the US Dollar stood at 277.65 for buying and 277.85 for selling, refl…