Karachi: Pakistan’s automotive sector recorded a significant slump, with passenger car sales dropping to the lowest in 15 years. Total industry sales for the fiscal year 2024 fell by 6%, reaching 151,983 units, despite a modest recovery in June.Accordi…
Karachi: The KSE-100 Index took a steep dive today, shedding 831 points to close at 79,842, marking a significant downward movement in a highly volatile session. The day started on a hopeful note with the index initially gaining 300 points, but the mo…
Karachi: The KSE-100 index experienced a significant decline, failing to maintain its intraday high and closing down at 79,842, a decrease of 831 points day-over-day. Trading volumes were recorded at 496 million shares, compared to 610 million shares …
Karachi: In a turbulent day for the stock market, the KSE-100 Index fell sharply by 831 points, closing at 79,842, with a significant trading volume of 495 million shares. The day saw UNITY, PSX, and PKGP leading in price gains, while AKBL, PAKT, and …
Islamabad: The cement sector in Pakistan is projected to witness a modest 2.4% year-over-year growth in FY25, driven predominantly by an uptick in export volumes despite a downturn in domestic sales, which have hit a seven-year low. Total cement dispat…
Karachi: United Bank Limited (UBL) has completed the sale of its 55% stake in United National Bank Limited UK (UNBL UK), resulting in a capital gain of PkR7.2 billion.According to AKD Securities Limited, the transaction was finalized after receiving al…