Karachi: In today’s trading session at the Pakistan Stock Exchange (PSX), activity remained range-bound with investors largely on the sidelines, yet the Technology sector witnessed notable buying, leading to a spike in the index.According to JS Global,…
Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Madina Sugar Mills Limited (MSML) at ‘A-/A-2,’ reflecting good credit quality and a stable financial outlook despite prevailing economic variabilities. This decision …
Islamabad: Pakistan’s remittances continued to show robust growth in July 2024, just shy of the US$3 billion threshold, marking a significant 48% increase year-over-year. This performance extends the trend of remittances surpassing US$2.8 billion for t…
Karachi: VIS Credit Rating Company Limited has assigned a preliminary ‘A-1’ rating to At-Tahur Limited’s proposed Short Term Sukuk, indicating a strong likelihood of timely repayment due to excellent liquidity factors and stable financial outlook.Accor…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its ratings for Tufail Chemical Industries Limited (TCIL) while placing the company under a rating watch, following a significant restructuring involving a split of the family bu…
Karachi: VIS Credit Rating Company Limited has assigned initial entity ratings to Trukkr Financial Services Limited, reflecting the company’s robust credit quality and promising financial outlook. The ratings assigned are ‘A-/A-2’, with a stable outloo…