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: 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, …
Islamabad: The Pakistan Credit Rating Agency Limited (PACRA) has upheld the stability rating of the MCB Pakistan Fixed Return Fund (MCB PFRP), recognizing its consistent investment in high-quality, low-risk avenues and robust credit quality.According t…
Islamabad: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of the Alhamra Wada Fund (ALH WF), a low-risk profile fund focused on Shariah-compliant fixed-income securities.According to The Pakistan Credit Rating Age…