Lahore: Mughal Iron and Steel Industries Limited, a key figure in the steel sector, has received a preliminary rating from the Pakistan Credit Rating Agency (PACRA) for its upcoming funding endeavor. The rating assesses a PKR 1.5 billion debt instrume…
Islamabad: Oil and Gas Development Company Limited (OGDCL) has announced a strategic acquisition and partnership aimed at enhancing offshore exploration in Pakistan. The company has entered into a farm-out agreement to acquire a 20% working interest i…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of the ABL Money Market Fund (ABL MMF), underscoring its commitment to preserving capital while delivering competitive returns. The Fund, characterized by i…
Karachi: The KSE100 index experienced a modest uptick, closing at 165,686.38, marking an increase of 210.36 points or 0.13 percent. In contrast, the KSE30 index saw a slight decline of 111.60 points, settling at 50,923.16, a decrease of 0.22 percent f…
Karachi: The KSE-100 index marked a significant recovery, closing at 165,476 points, reflecting a daily increase of 7,033 points. Trading volumes, however, decreased to 1,180 million shares from the previous 1,366 million.
The index is poised to cha…
Karachi: The KSE-100 Index saw a significant rise yesterday, gaining 7,033 points to close at 165,476, with a trading volume of 1,177 million shares. The most noteworthy performers in terms of price change included SYS, PSEL, and PAEL, while UNITY and…
Karachi: Pak-Qatar Asset Management Company Limited (PQAMC) has been upgraded to an AM2 rating with a Positive Outlook by the Pakistan Credit Rating Agency (PACRA). This recognition highlights the company’s consistent growth and strong performance in …