FLASHNEWS:

Day: January 23, 2025

Pakistan Stock Exchange Sees Modest Gains as KSE100 Climbs

Karachi: The Pakistan Stock Exchange (PSX) experienced a moderate uptick in trading activity, with the KSE100 index climbing by 594.36 points, or 0.52%, closing at 114,037.79. The KSE30 index also recorded a rise of 159.04 points, reflecting a 0.45% i…

K-Electric’s Ratings Reaffirmed by VIS Credit Rating Company

Karachi: The VIS Credit Rating Company Limited has reaffirmed the entity ratings of K-Electric Limited at AA/A1+, signifying a stable outlook and high credit quality. The reaffirmation reflects strong protection factors and a modest risk that may vary…

VIS Reaffirms High Credit Ratings for K-Electric Sukuk 5

Karachi: K-Electric Limited’s Sukuk 5 has maintained its high credit rating of AA+ by VIS Credit Rating Company Limited, reflecting strong protection factors and modest risk, according to a recent announcement. The outlook on these instrument ratings …

VIS Reaffirms K-Electric’s Sukuk 6 Ratings at AA+

Karachi: VIS Credit Rating Company Limited has reaffirmed the instrument ratings of K-Electric Limited’s Sukuk 6 at AA+ (Double A Plus), maintaining a stable outlook. This rating indicates high credit quality with strong protection factors, though ris…

Allied Bank Unveils Enhanced Facilities at Multan Emigrant Office

Multan: Allied Bank Limited has inaugurated upgraded facilities at the Protectorate of Emigrant Office in Multan, aiming to strengthen public-private partnerships. The event, held on December 10, 2024, was attended by notable officials from the State …

OGDCL Adds Electric Buses to Fleet for Cleaner Commute

Islamabad: The Oil and Gas Development Company Limited (OGDCL) has integrated three electric buses into its transportation fleet, underscoring its commitment to reducing its carbon footprint and promoting environmental sustainability.

According to a…