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Category: Fund News

PACRA Holds ‘AA+(f)’ Stability Rating for ABL Islamic Cash Fund

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has sustained its ‘AA+(f)’ stability rating for the ABL Islamic Cash Fund, emphasizing its consistent performance in maintaining a low-risk and highly liquid investment portfolio.According to T…

National Foods Reports Challenging FY24 Amid Robust Sales Growth

Karachi: National Foods Limited (NATF) held its corporate briefing today, detailing a challenging fiscal year 2024 that saw a significant 40% year-over-year decline in earnings per share to Rs8.19, with no dividend payout announced. Despite the dip in …

Mari Petroleum Advances with Significant Developments in FY24

Karachi: Mari Petroleum Company Limited (MARI) held a corporate briefing today to discuss its FY24 achievements and future plans, where it reported a notable 37% year-over-year increase in earnings per share (EPS) and declared a dividend per share (DPS…

PACRA Retains AA-(f) Stability Rating for Faysal MTS Fund

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of the Faysal MTS Fund at ‘AA-(f)’ with a stable outlook as of October 22, 2024. The rating reflects the fund’s low risk profile and commitment to providing …