Karachi: Mughal Iron and Steel Ltd. (MUGHAL) and Amreli Steels Limited (ASTL), two prominent players in the rebar industry, are set to face subdued earnings for the fourth quarter of fiscal year 2024. This outlook aligns with a broader sectoral deceler…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its stability rating for the AKD Aggressive Income Fund (AKD AIF), a medium-risk investment fund aimed at providing investors with a reliable method to invest in a varied portfol…
Karachi: The Pakistan Stock Exchange (PSX) experienced a volatile trading day, with the KSE-100 index initially climbing to a peak of 79,214 before succumbing to profit-taking and closing down by 283 points at 78,615. Despite the positive opening, the …
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of the MCB DCF Income Fund, recognizing its balanced investment approach. The Fund, which seeks to offer superior fixed income returns, has maintained a subst…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its stability rating for the AKD Islamic Daily Dividend Fund (AKD IDDF), affirming the fund’s low-risk profile and its focus on generating competitive returns through daily divid…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings for Soorty Enterprises (Pvt) Limited at ‘AA-/A-1’, indicating high credit quality and strong liquidity, with a stable outlook. The long-term and short-term ratings reflect the…