Karachi: President of the United Business Group (UBG) and former head of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Zubair Tufail, has voiced significant concern over the State Bank of Pakistan’s decision to maintain the int…
Karachi: Sazgar Engineering Works Limited (SAZEW) announced its financial results for the second quarter of fiscal year 2026, reporting an earnings per share (EPS) of Rs66.55. Despite showing a year-on-year increase of 67 percent, the quarterly earnin…
Karachi: AL Habib Capital Markets (Pvt.) Limited, a key player in the equity brokerage sector, has received favorable broker entity ratings from PACRA, reflecting its robust performance in Pakistan’s stock market. The company has experienced significa…
Karachi: In an unexpected move, the State Bank of Pakistan (SBP) announced that it would keep the policy rate steady at 10.5%, despite widespread expectations of a reduction between 50 to 100 basis points. The decision comes amid concerns over persist…
Karachi: The Exchange Companies Association of Pakistan (ECAP) has announced the closing exchange rates in the open market for January 27, 2026. The rates indicate that the U.S. dollar was being bought at 280.28 PKR and sold at 280.90 PKR. The Euro, B…
Karachi: Pakistan’s inflation rate is projected to increase in January 2026, with the Consumer Price Index (CPI) expected to range between 5.75% and 6.25% year-on-year, compared to 5.61% in December 2025 and 2.40% in January 2025. The month-on-month i…