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Category: Fund News

PACRA Reaffirms AA(f) Stability Rating for Faysal Money Market Fund

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has once again affirmed the stability rating of the Faysal Money Market Fund (FMMF) at ‘AA(f)’ with a stable outlook as of October 22, 2024. This announcement underscores the fund’s consistent …

PACRA Upholds AA-(f) Stability Rating for JS Islamic Income Fund

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of the JS Islamic Income Fund (JS IIF) at ‘AA-(f)’ with a stable outlook, as of October 22, 2024. This rating confirmation reflects the fund’s consistent per…

Interloop Ltd Maintains Buy Rating Despite Forecast Adjustments

Karachi: Interloop Ltd (ILP) retains its ‘Buy’ rating with a revised target price of Rs106, following the release of its annual report and adjustments to its financial forecasts due to macroeconomic changes and energy supply concerns.According to JS Gl…