Karachi: The State Bank of Pakistan (SBP) has announced a significant reduction in the Policy Rate, slashing it by an additional 250 basis points to 15%. This move is part of the central bank’s ongoing monetary easing cycle, driven primarily by declin…
Karachi: Pakistan Stock Exchange (PSX) has announced the appointment of Mr. Farrukh H. Sabzwari as its Chief Executive Officer (CEO). This announcement was made earlier today through a Notice issued by PSX. Mr. Sabzwari will assume his office as CEO o…
Karachi: Unilever Pakistan has launched an ambitious strategy, ‘Sustainability Accelerated’, to drive sustainability efforts focused on climate action, plastics circularity, nature regeneration, and enhancing livelihoods. This new approach is part of …
Karachi: Cherat Cement Company Ltd. (CHCC) recently conducted an analyst briefing to discuss its financial results for FY24 and 1QFY25, along with its future outlook.
According to AKD Securities Limited, the company posted its highest-ever profit o…
karachi: JS Global, a leading financial services firm, has released its daily highlights, providing a comprehensive overview of the market trends and financial updates.
According to JS Global, the report covers significant movements in the stock mar…
Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the instrument rating of ‘Sukuk 2’ issue of OBS Pakistan (Private) Limited at ‘A+’ (‘Single A Plus’). The long-term rating indicates good credit quality with adequate protection factors, …