Karachi: The KSE-100 index experienced a significant rise on Friday, gaining 2,787 points to close at the 114,114 level, according to a technical outlook report from JS Global. However, market analysts caution that moving averages may limit further up…
Karachi: The KSE-100 Index ended the trading session on a positive note, closing with a gain of 2,787 points at 114,114. Despite a decline in trading volumes by 24% compared to the previous session, the index maintained a bullish trend, driven by a st…
Karachi: The State Bank of Pakistan has released the latest weighted average customer exchange rates, providing updated figures for buying and selling various foreign currencies against the Pakistani Rupee. The data, which reflects rates as of May 5, …
Karachi: VIS Credit Rating Company Limited (VIS) has assigned an ‘A1 (plim)’ preliminary rating to At-Tahur Limited’s proposed Short Term Sukuk (STS). This rating underscores a strong likelihood of timely repayment of short-term obligations, backed by…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of NRSP Microfinance Bank Limited at ‘A-/A2’. The medium to long-term rating of ‘A-‘ signifies good credit quality with adequate protection factors, although risk factors cou…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Mobilink Microfinance Bank Limited (MMBL) at ‘A/A1’, indicating good credit quality and a strong likelihood of timely repayment of short-term obligations. The outlook for …