Karachi: Pakistani banks are poised to record their highest quarterly core income in the third quarter of 2024, driven by a notable decrease in funding costs relative to asset yields.According to JS Global, the comprehensive analysis of banks under the…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed its stability rating for the Alfalah Islamic Rozana Amdani Fund, maintaining a long-term rating of AA(f) with a stable outlook. This decision reflects the fund’s continued low-ri…
Karachi: The Pakistan Stock Exchange experienced modest gains and losses in key indices with some notable trading activities in its latest session, showcasing a mixed market sentiment.According to JS Global, the Research Department that prepared the sn…
Islamabad: The International Monetary Fund (IMF) has approved a new Extended Fund Facility (EFF) for Pakistan, marking a significant financial engagement that promises to propel the country’s economic reform efforts. This recent development follows the…
Karachi: Fauji Fertilizer Company Limited (FFC) is anticipated to continue its robust performance among its peers in the fertilizer industry for the third quarter of fiscal year 2024, driven by higher profit margins. The company is expected to report e…
Islamabad: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of the Alfalah GHP Income Multiplier Fund at A+(f) with a stable outlook, as per its latest assessment conducted on October 9, 2024. The fund, recognized f…