Karachi: The KSE-100 Index experienced a significant boost yesterday, gaining 1,104 points to close at 167,347 with a trading volume of 1,817 million shares. This uptick reflects a positive market response amid improved economic projections and ongoin…
Karachi: The State Bank of Pakistan has released the latest exchange rates for major currencies, providing the financial sector with updated figures for both buying and selling transactions.
According to the figures released, the buying rate for the…
Karachi: The Pakistani auto industry is poised for a surge in profitability during the first quarter of fiscal year 2026, according to a report by AKD Securities Limited. The report forecasts a 25 percent year-on-year increase in earnings, amounting t…
Lahore: MCB Bank Limited has announced a Profit Before Tax of Rs. 87.48 billion for the first nine months of 2025, alongside a third interim dividend of 90%, as reported by the Board of Directors under the leadership of Chairman Mian Mohammad Mansha. …
Karachi: Interloop Ltd (ILP) is poised for a significant earnings recovery as it prepares to announce its first quarter results for the fiscal year 2026 on October 27, 2025. According to projections, the company is expected to report net earnings of R…
Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rate (KIBOR) data, indicating stability across the majority of tenors. The data highlights consistent rates with minor fluctuations in the longer-term offerings.
The o…
Karachi: The State Bank of Pakistan has announced a new regulatory floor for financial institutions, setting a minimum amount of 115,000 units across three institutions, according to a recent press release from the bank.
This decision marks a shift …