Karachi: The Exchange Companies Association of Pakistan (ECAP) released the open market closing exchange rates for several key currencies, indicating stable trading conditions amidst ongoing economic shifts. The data provided by the State Bank of Paki…
Karachi: The Karachi Interbank Offered Rate (KIBOR) has shown slight variations in its latest update, reflecting a stable economic environment. The data, released by the State Bank of Pakistan and sourced from Refinitiv, indicates minimal changes acro…
Karachi: The State Bank of Pakistan (SBP) provided access to its overnight repo facility to four financial institutions on November 20, 2025, according to a recent announcement from the bank. The total amount accessed by these institutions reached Rs….
LAHORE: Panther Tyres Limited is set to launch its first privately placed short-term Sukuk valued at PKR 2 billion, according to a press release by The Pakistan Credit Rating Agency Limited. The instrument is secured by a ranking charge over the compa…
Karachi: Attock Petroleum Ltd (APL) reported a notable decline in its financial performance for the fiscal year 2025, as revealed in an analyst briefing conducted by the company. The company’s net profit after tax (NPAT) fell by 25% year-on-year to Pk…
Karachi: Mehmood Textile Mills Ltd. (MEHT) hosted its annual analyst briefing today, presenting an overview of its financial performance for FY25 and outlining future projections. The company reported a significant increase in profitability, alongside…