Karachi: The Karachi Stock Exchange continued its upward momentum for the third consecutive day, as the KSE-100 index surged by 681 points to close at 80,234, as per the latest report from JS Global Capital Limited. This positive trend was observed acr…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of the Alfalah Islamic Sovereign Fund (AISF), acknowledging its low-risk profile and robust investment strategy. The fund focuses on generating competitive r…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of the Alfalah Financial Sector Income Fund (AFSIF), classifying it as a moderate risk investment. The fund aims to enhance income and preserve capital, focu…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its stability rating for the Alfalah Islamic Money Market Fund, a low-risk investment fund focused on generating regular and stable returns through Shariah-compliant financial in…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of the Al Ameen Islamic Income Fund (AIIF), a medium-risk profile, Shariah-compliant income fund. AIIF aims to deliver competitive returns through investment…
Karachi: Pakistan’s Consumer Price Index (CPI) registered at 12.6% for June 2024, marking a notable decrease from 29% a year earlier and bringing the FY24 average CPI to 23.9%. Despite a monthly uptick in June, the annual inflation rate has softened si…