Karachi: The Pakistan Stock Exchange (PSX) experienced a notable decline on Thursday, with both the KSE100 and KSE30 indices closing lower. The KSE100 index fell by 1,703.62 points, a decrease of 0.97%, settling at 174,429.94, while the KSE30 index dr…
Karachi: The Pakistan Stock Exchange (PSX) experienced a notable decline on Thursday, with both the KSE100 and KSE30 indices closing lower. The KSE100 index fell by 1,703.62 points, a decrease of 0.97%, settling at 174,429.94, while the KSE30 index dr…
Karachi: United Bank Limited (UBL) has reported a notable 31% year-on-year increase in its consolidated earnings for the second quarter of 2026, reaching Rs37.5 billion with earnings per share (EPS) of Rs14.97. However, this marks a 23% decrease compa…
Karachi: Pakistani banks are anticipated to report a decline in core income for the second quarter of calendar year 2026, with both year-on-year and quarter-on-quarter decreases expected. This downturn is primarily attributed to the contraction in net…
Karachi: United Bank Ltd. (UBL) has reported its second quarter financial results for the calendar year 2026, revealing a net profit after tax of PKR 37.5 billion, which translates to an earnings per share of PKR 15.0. This marks a 31% increase compar…
Karachi: The State Bank of Pakistan’s recent revision of the definition for micro, small, and medium enterprises has been described as a timely and strategic move by Mian Zahid Hussain, President of the Pakistan Businessmen and Intellectuals Forum. Th…