FLASHNEWS:

Day: February 12, 2025

KSE-100 Index Shows Signs of Recovery as It Closes Above 50-DMA

Karachi: The KSE-100 index demonstrated a continued recovery, closing with a gain of 1,632 points at 113,010, surpassing the 50-day moving average (DMA). Trading volumes also saw an increase, reaching 487 million shares compared to 415 million in the …

Pakistani Fashion Brands Shine at Paris Exhibition

Karachi: The three-day Texworld/Apparel Sourcing Paris exhibition concluded in Paris on February 12, bringing together over 1,259 exhibitors from 25 countries, including a significant presence from Pakistan. Eight Pakistani companies participated in t…

Banks’ Core Income Faces Decline in Fourth Quarter

Karachi: The upcoming fourth-quarter financial results for Pakistan’s banks are anticipated to show a year-over-year decrease in core income, primarily due to a contraction in net interest margins (NIMs) and increased taxation. This is expected to ove…