Karachi: The KSE-100 index closed sharply higher in a bullish trading session, registering a significant gain of 1,751 points to settle at 88,946. Trading volumes also increased, with 758 million shares changing hands, up from 699 million in the previo…
Karachi: The first quarter of fiscal year 2025 is expected to bring mixed financial results for three major players in the cement industry. Cherat Cement Company Ltd (CHCC) and Lucky Cement Limited (LUCK) are anticipated to experience a drop in earning…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its ‘A’ long-term and ‘A1’ short-term ratings for Stylers International Limited, reflecting consistent performance and a stable outlook despite some shifts in product mix and pri…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Kohinoor Textile Mills Limited at ‘A+/A-1’. The long-term rating of ‘A+’ indicates a solid credit quality with adequate protection factors, though subject to variation from…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its ‘AA+(f)’ stability rating for the ABL Money Market Fund, citing its continued low-risk profile and solid investment strategy aimed at preserving capital and generating compet…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has once again affirmed the ‘AA+(f)’ stability rating of the ABL Islamic Money Market Fund, recognizing its low-risk investment strategy and commitment to Shariah-compliant financial instrument…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the ‘A+(f)’ stability rating for the ABL Financial Sector Fund, citing its moderate-risk profile and diversified investment approach focused on fixed income and debt instruments….