Karachi: The State Bank of Pakistan has announced updated credit limits for financial institutions, effective April 17, 2025. The revised limits set a ceiling of 57,000 for two institutions and a floor of 345,000 for an additional two institutions.
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Karachi: Bank Alfalah Limited (BAFL) disclosed its financial outcomes for the first quarter of the calendar year 2025, revealing a mixed performance with a notable cash payout. The bank reported a profit of PkR7.0 billion, translating to earnings per …
Karachi: The AKD Cement Universe is expected to witness a significant earnings increase of 28% year-over-year in the third quarter of the fiscal year 2025, according to a recent projection. This growth is attributed to higher retention prices and redu…
Karachi: Recent earnings estimates for leading Pakistani fertilizer companies, Fauji Fertilizer Company Limited (FFC) and Engro Fertilizers Limited (EFERT), suggest a challenging first quarter due to a significant decline in sales. Analysts expect a 4…
Karachi: Pakistan’s stock market witnessed a positive trading session as the KSE100 Index rose by 881.02 points, marking a 0.76% increase, reaching a level of 116,901.13. The KSE30 Index also experienced an uptick, closing at 35,932.66 with a gain of …
Karachi: The Karachi Stock Exchange’s KSE-100 index experienced a turbulent trading session, closing at 116,020, a decrease of 755 points from the previous day. Trading volumes reached 482 million shares, slightly up from 479 million shares in the pri…