Karachi: Pakistan’s currency market exhibited stability on October 9, 2026, with minor fluctuations in the exchange rates for several major currencies. The Exchange Companies Association of Pakistan (ECAP) reported the open market closing rates, highl…
Karachi: The Karachi Interbank Offered Rate (KIBOR) demonstrated stability across most of its tenors, as shown by the latest figures released. The rates, which are pivotal for determining the cost of borrowing between banks, showed minimal fluctuation…
Lahore: Maple Leaf Cement Factory Limited (MLCF) held its fiscal year 2026 analyst briefing, highlighting anticipated growth in the local cement industry and addressing challenges related to rising fuel costs. The company expects industry sales to inc…
Lahore: Kohinoor Textile Mills Ltd (KTML) reported an 18% increase in earnings for the fiscal year 2026, largely driven by reductions in power and finance costs, according to a recent corporate briefing. The company’s consolidated earnings rose to Rs1…
Karachi: The KSE-100 Index saw a decline of 0.6% over the past week, closing at 167,089 points, as geopolitical tensions involving the United States, Iran, Saudi Arabia, and Yemen affected market sentiment. The Makkah Defence Alliance’s agreement on r…
Karachi: The Pakistan Stock Exchange (PSX) saw a decrease in its key indices, KSE30 and KSE100, with both experiencing significant drops. The KSE30 index fell by 142.15 points to settle at 49,841.71, while the KSE100 index dropped by 352.63 points, cl…