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: 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: 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 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…