Karachi: The Karachi Stock Exchange (KSE) faced another bearish day as investors continued to show a preference for selling due to tensions in the Middle East and a lack of immediate market triggers. The KSE-100 index closed at 77,887, down by 742 poin…
Karachi: The VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Ghotki Kandhkot Road and Bridge Company (Private) Limited (GRBC) at ‘A/A-2’, reflecting good credit quality and a stable outlook. This rating assessment comes a…
Karachi: VIS Credit Rating Company Limited (VIS) has assigned a preliminary bank loan rating of ‘AA’ to Ghotki Kandhkot Road and Bridge Company (Pvt.) Limited (GRBC) for a secured bank loan intended for a significant infrastructure project involving …
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has assigned entity ratings to Jazaa Global (Private) Limited, reflecting the company’s robust financial profile and effective market strategies. Jazaa Global, known for its diverse portfolio o…
Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings for Madina (Pvt.) Limited (MPL) at ‘BBB/A-2’, reflecting adequate credit quality with stable outlook, despite ongoing challenges in the edible oil industry. This rating …
Karachi: The Pakistan Stock Exchange (PSX) experienced range-bound activity on Tuesday, reflecting investor neutrality after the State Bank of Pakistan (SBP) cut the policy rate by 100 basis points. Despite the subdued overall market movement, specific…