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 …
Karachi: Mian Zahid Hussain, a prominent figure in Pakistan’s business community, has praised the diplomatic endeavors of Prime Minister Mian Shehbaz Sharif and Chief of Army Staff Field Marshal Asim Munir, attributing recent economic advancements to …
Karachi: Banks in Pakistan are bracing for a challenging third quarter of the calendar year 2025, with forecasts indicating a year-over-year decline in core income. This is attributed to the contraction in net interest margins (NIMs) amid declining yi…
Islamabad: Pakistan and the International Monetary Fund have reached a staff level agreement for the second review under the Extended Fund Facility, alongside the first review of the Resilience and Sustainability Facility. The agreement, finalized on …