Karachi: Allied Bank Limited (ABL) has reported a substantial increase in its profits for the first half of the calendar year 2024, during an analyst briefing held earlier today. The bank’s profit surged by 36% year-on-year to PKR 23.6 billion, driven …
Karachi: Crescent Steel and Allied Products Limited (CSAP), a key player in the production of coated steel line pipes and cotton yarn, has witnessed substantial growth, reporting a net profit after tax (NPAT) of PkR1.6 billion for FY24, a significant i…
Karachi: The Pakistan Stock Exchange (PSX) concluded the week on a positive note, with the KSE-100 index marking a gain of 756 points or 1.0%, closing at 78,801 points. This upswing was propelled by a combination of favorable t-bill yield declines and …
Karachi: Hub Power Company Limited (HUBC) and Nishat Power Limited (NPL) have released their financial results for the fourth quarter of FY24, revealing different trajectories in their operational and financial performances.According to AKD Securities …
Karachi: The KSE-100 Index demonstrated significant strength during the last trading session, opening positively and maintaining bullish momentum throughout the day. The index recorded a substantial increase, closing up 515 points at 78,261. Trading v…
Karachi: The KSE-100 index is expected to continue its range-bound trading pattern, as it has recently posted gains, closing at 78,261 points—an increase of 515 points. The trading volume has also seen a significant rise, with figures reaching 553 mil…