Karachi: The National Bank of Pakistan (NBP) held its Corporate Briefing session today, disclosing a 14% year-over-year growth in assets, driven significantly by increased deposits and borrowing. Despite robust asset growth, the bank reported a substan…
Karachi: Hub Power Company (HUBC) is broadening its business scope by entering into partnerships in the auto industry and initiating mineral exploration ventures, as discussed in their latest analyst briefing where FY24 results were also reviewed.Accor…
Karachi: The Pakistan Stock Exchange (PSX) concluded the week with a rise, marking an increase of 139 points to close at 78,488. Focused buying activity in sectors like fertilizer, oil & gas, and banking contributed to the market’s positive momentum, a…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Darson Securities Limited at ‘BBB+/A-2’, indicating adequate long-term credit quality and a good likelihood of timely repayment of short-term obligations. The ratings refle…
Karachi: MCB Bank continues to be an attractive option for investors looking for dividend returns, maintaining a higher dividend yield compared to the secondary market despite potential earnings headwinds.According to JS Global, despite achieving a rob…
Karachi: The Pakistan Stock Exchange (PSX) exhibited minor fluctuations in a narrowly defined range, despite an upgrade by Moody’s and anticipation surrounding the approval of an IMF program. The indices reflected a subtle yet persistent shift in inves…