Karachi: In an unexpected development, the State Bank of Pakistan (SBP) reported that for the second consecutive trading session, there was no utilization of its overnight repo and reverse repo facilities. This rare occurrence, documented in the centr…
Karachi: The Karachi Stock Exchange (KSE-100) index soared to unprecedented heights, closing at a remarkable 162,257 points, marking a significant leap of 2,977 points day-over-day. This bullish trend signals a robust market performance, with trading …
Karachi: In a surprising turn of events, the Karachi Stock Exchange (KSE) indices soared to unprecedented levels on Friday, amidst a notable dip in market turnover. The KSE100 index surged by 1,590.68 points, closing at 163,847.69, while the KSE30 ind…
Karachi: The food sector’s latest financial performance reveals a mixed bag of growth and challenges, with a notable shift in product mix driving earnings up despite broader market underperformance.
Analyzing the profitability for the June 2025 quar…
Karachi: Aik, the pioneering Islamic digital banking platform in Pakistan, has embarked on a transformative alliance with Pakistan Telecommunication Company Limited (PTCL) to enhance its infrastructure through PTCL Smart Cloud’s secure and dependable …
Karachi: In a groundbreaking move set to transform Pakistan’s technological landscape, Zong has launched an innovative suite of Internet of Things (IoT) solutions targeting industrial, agricultural, and urban infrastructure. This strategic initiative …