Karachi: The textile sector in Pakistan is poised for a significant upturn in profitability during the first quarter of fiscal year 2026, driven by enhanced gross margins and a reduction in finance costs, according to an analysis by AKD Securities Lim…
Karachi: Meta has officially launched its artificial intelligence platform, Meta AI, in Urdu for users in Pakistan. The announcement was made during the “Future in Focus: AI and Innovation” event, held in collaboration with the Ministry of Information…
KARACHI: The State Bank of Pakistan (SBP) has decided to maintain its policy rate at 11%, as anticipated by market analysts. This decision follows a meeting of the Monetary Policy Committee (MPC), which highlighted a more optimistic economic outlook t…
Karachi: DG Khan Cement Ltd (DGKC), Kohat Cement Ltd (KOHC), and Pioneer Cement Ltd (PIOC) have announced their earnings projections for the first quarter of the fiscal year 2026, highlighting varied financial outcomes for the companies.
DG Khan Cem…
Karachi: Allied Bank Ltd (ABL) conducted its analyst briefing, revealing a 28% year-on-year decrease in standalone net profit after tax (NPAT) for the first nine months of the calendar year 2025. The bank attributed this reduction to a decline in net …
Karachi: The Pakistan Stock Exchange (PSX) witnessed a downturn today, with both the KSE30 and KSE100 indices closing in the red. The KSE30 index ended the trading session at 49,418.59 points, reflecting a decline of 423.92 points, or 0.85 percent, fr…