FLASHNEWS:

Category: Business

KIBOR Rates Show Slight Increase Across All Tenors

Karachi: The Karachi Interbank Offered Rate (KIBOR) has experienced a modest rise across all tenors, according to the latest figures released by the State Bank of Pakistan on November 5, 2025. The KIBOR rates, which serve as a benchmark for lending be…

National Foods Ltd Poised for Growth Amid Strategic Moves

Karachi: National Foods Ltd (NATF), a prominent player in Pakistan’s food products industry, has been given a Buy rating by analysts at JS Global, highlighting its promising growth trajectory and strategic business decisions. With a newly set target p…

Waves Corporation Projects Positive Outlook Amid Earnings Growth

Karachi: Waves Corporation Ltd. (WAVES) conducted an analyst briefing to discuss its financial performance for CY24 and the first nine months of CY25, revealing mixed results and a positive outlook. The company reported a 24% year-on-year decline in n…

Spotify Surpasses 700 Million Users Amid Record Q3 Profits

Karachi: Spotify released its Q3 2025 earnings report today, showcasing significant growth in user numbers and revenue, reinforcing its status as a leader in the audio streaming industry.

The company reported that its Monthly Active Users (MAUs) hav…

Stock Market Decline Drives Losses Across Key Indices

Karachi: Pakistan’s stock market experienced a decline on Wednesday as key indices fell, causing a significant drop in market capitalization and traded value. The KSE30 and KSE100 indices both saw decreases, contributing to the bearish sentiment.

Th…