FLASHNEWS:

Day: April 23, 2025

Bitget Upgrades Liquidity Incentive Program with Top-Tier Maker Rebate for Institutional Traders

Bitget Upgrades Liquidity Incentive Program with Top-Tier Maker Rebate for Institutional Traders VICTORIA, Seychelles, April 23, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has announced a major upgrade to its Liquidity Incentive Program, set to take effect on May 1, 2025. The revamped program introduces a more competitive fee structure, enhanced […]

Pakistani Stock Market Sees Decline Amid Global Fluctuations

Karachi: The Pakistan Stock Exchange (PSX) witnessed a decline on Tuesday as major indices fell, reflecting broader trends in regional markets. The KSE100 index decreased by 1,204.20 points, a 1.02% drop, closing at 117,226.15. The KSE30 index also sa…

PACRA Downgrades Alfalah Securities Amid Governance Concerns

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has downgraded the Broker Fiduciary Rating (BFR) of Alfalah Securities (Pvt.) Limited, noting significant challenges related to governance and financial stability. The brokerage firm, primaril…

Earnings Decline Expected in E and P Sector Amid Lower Production

KARACHI: The exploration and production (E and P) sector is projected to experience a 14% year-over-year decline in earnings for the third quarter of fiscal year 2025, according to a recent analysis by AKD Securities Limited. This anticipated downturn…

PACRA Maintains Stability Rating for AL Habib Income Fund

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) announced that it has maintained the stability rating of the AL Habib Income Fund (AHIF), recognizing its low-risk investment strategy. The fund aims to deliver competitive risk-adjusted retur…