Karachi: In a volatile trading session, the KSE-100 index closed significantly higher at 87,195, marking an increase of 728 points from the previous day’s trading. The total volume of shares traded was 699 million, slightly down from 722 million in th…
Karachi: The KSE-100 index has continued its record-breaking run, closing above the crucial 87,000 level, driven by robust gains in cement and steel stocks. The market’s upward trajectory appears set to persist, with analysts forecasting further incre…
Karachi: Worldcall Telecom Ltd. (WTL) outlined a significant shift towards becoming a solutions-centric firm in its latest analyst briefing, which also covered its financial performance for the first half of CY24 and a strategic outlook for the future….
Karachi: United Bank Limited (UBL) today announced a significant increase in its third-quarter profits for CY24, alongside a steady dividend payout. The bank reported a net profit after tax of PKR 18.3 billion, marking a substantial year-on-year and qu…
Karachi: The Pakistani cement industry faces mixed financial outcomes for the first quarter of fiscal year 2025, as reported by AKD Securities Limited. While some companies like Pioneer Cement Ltd. (PIOC) and Kohat Cement Company Ltd. (KOHC) are expect…
Karachi: Fauji Fertilizer Bin Qasim Ltd. (FFBL) announced a substantial increase in its third-quarter earnings for CY24, registering a 51% year-over-year rise in profits, significantly surpassing market expectations. The robust earnings come despite a …