Karachi: Engro Fertilizers Ltd. (EFERT) reported a decline in its earnings for the third quarter of 2024, with earnings and dividends falling short of expectations due to lower sales volumes and increased financial charges.According to AKD Securities L…
Karachi: The Karachi Stock Exchange’s KSE-100 index witnessed a decline, closing down 222 points at 85,261 amidst a trading volume of 477 million shares. The downturn was mirrored by notable shifts in various sectors, with technology, power, and refine…
Karachi: Pakistan’s auto sector experienced a significant downturn in September 2024, with overall sales falling by 16% year-on-year to 11,692 units. The sharp decline was primarily due to an 80% drop in tractor sales, underscoring challenges within th…
Karachi: In a recent development, HUBC has resolved to initiate a ‘Negotiated Settlement Agreement’ with relevant authorities following an emergency board meeting. This decision emerges amidst ongoing financial discussions involving overdue payments an…
Karachi: Citi Pharma Ltd. (CPHL) has announced a strategic joint venture with the All Care Group of Investment to establish a state-of-the-art API (Active Pharmaceutical Ingredient) and formulation facility in Saudi Arabia.According to AKD Securities L…
Karachi: The Karachi Stock Exchange (KSE-100) index fell by 216 points yesterday, closing at 85,453, on a day that saw a trading volume of 504 million shares. The market’s top performers included PTC, BNWM, and PPL, while MEHT, KOSM, and LCI were the …