Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has awarded the Faysal Islamic Asset Allocation Fund (FIAAF) a prestigious 5-Star ranking, recognizing its superior risk-adjusted returns despite a challenging market environment. The FIAAF ad…
Karachi: The State Bank of Pakistan reported that on November 6, 2025, financial institutions accessed its Overnight Repo Facility amounting to Rs. 65,800 million. No institutions utilized the Overnight Reverse Repo Facility on the same day.
The ann…
Karachi: Urea off-take in October 2025 is projected to experience a slight year-on-year decline of 2%, according to recent data. The cumulative decrease in urea off-take for the first ten months of 2025 is expected to ease to 7.6%. The industry aims t…
Islamabad: The Pakistan Stock Exchange (PSX), in partnership with key financial bodies, has released comprehensive guidelines for opening trading accounts for minors under 18. This initiative, developed alongside the National Clearing Company of Pakis…
Karachi: MSCI has recalibrated its Frontier Market Index, incorporating significant changes for Pakistan’s securities. In its November review, MSCI added eight securities to the Frontier Market Index, with three originating from Pakistan. This adjustm…
Karachi: Mr. Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has reiterated the organization’s commitment to sustainable economic growth by participating in a significant meeting on national water …