Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the Insurer Financial Strength (IFS) rating of Alfalah Insurance Company Limited. This rating reflects the company’s strong affiliation with the Abu Dhabi Group and Bank Alfalah…
KARACHI: The State Bank of Pakistan has issued the latest exchange rates for various currencies against the Pakistani Rupee. This announcement includes buying and selling rates for major currencies, providing essential data for businesses and individu…
KARACHI: K-Electric Limited, the sole vertically integrated power utility in Pakistan, is launching its first Retail Listed Short-Term Utility Sukuk to address short-term liquidity challenges while reinforcing its commitment to Karachi’s energy needs….
Karachi: The KSE-100 Index experienced a significant decline yesterday, shedding 481 points to close at 159,097. A total of 956 million shares were traded, indicating an active day in the market. Notable performers included PSEL, PIBTL, and PKGP in te…
Karachi: The KSE-100 index, after reaching a high of 120,506, saw a decline, closing at 119,649, marking a drop of 313 points from the previous day. Trading volumes decreased to 572 million shares from the 699 million shares traded in the prior sessio…
Karachi: The KSE-100 index demonstrated resilience on a day marked by volatility, closing with a 313-point loss at 119,949 after initially gaining 544 points. Despite a slowdown in trading activity, with a 24% decline in volumes from the previous sess…