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…
Karachi: VIS Credit Rating Company Limited (VIS) has assigned a preliminary rating of ‘A-1’ to the proposed Short Term Sukuk (STS) of Al Karam Textile Mills (Private) Limited (AKTM), indicating a strong likelihood of timely repayment given the company’…
Faisalabad: Interloop Limited (ILP) is set to announce its financial results for FY24, projecting a significant year-over-year decline in earnings due to increased operational costs, despite achieving record annual exports.According to JS Global, ILP e…
Karachi: VIS Credit Rating Company Limited (VIS) has assigned a final rating of ‘A’ to the Medium Term Sukuk (MTS) issued by Al-Karam Textile Mills (Private) Limited (AKTM), affirming good credit quality with a stable outlook and a financial close of R…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Al-Noor Sugar Mills Limited at ‘A-/A-2’, indicating good credit quality and a strong likelihood of timely debt repayments. The medium to long-term rating remains at ‘A-‘, s…