Karachi: VIS Credit Rating Company Limited (VIS) has updated its entity ratings for Naveena Steel Mills (Pvt.) Limited (NSML) to ‘A-/A-2’ for medium to long-term and short-term respectively, reflecting good credit quality with sound liquidity factors. …
Karachi: The Karachi Stock Exchange (KSE-100) experienced a volatile trading day that began on a positive note, only to be interrupted by a fire at the PSX premises which caused trading to halt for approximately two hours. Despite the disruption, the m…
Karachi: VIS Credit Rating Company Limited has assigned a short-term rating of ‘A-1+’ to the Short Term Sukuk IV issued by Pakistan Telecommunication Company Limited (PTCL), indicating the highest certainty of timely payment with exceptional liquidity …
Karachi: Bill Winters, Group CEO of Standard Chartered Bank, visited the Overseas Investors Chamber of Commerce and Industry (OICCI) on July 5, engaging with top executives about Pakistan’s economic opportunities and challenges.According to Standard Ch…
Karachi: Askari Bank Limited (AKBL) has significantly underperformed in the banking sector’s recent rebound, despite trading at 1.2 times its 2024 earnings, raising a multitude of investor questions about its market position and future potential.Accord…
Karachi: JS Global Capital Limited has issued a snapshot of recent activities on the Pakistan Stock Exchange (PSX), noting a continuation of lackluster trading with the KSE-100 index closing slightly down by 70 points at 80,213.According to JS Global, …