Karachi: Pakistan State Oil (PSO) and Attock Petroleum Limited (APL) are poised to release their financial results for the first quarter of FY25, revealing substantial declines in profit due to adverse market conditions. PSO is expected to report a pro…
Karachi: The Karachi Stock Exchange’s benchmark KSE-100 index experienced a notable decline, failing to maintain its intraday high and closing down at 85,585, a drop of 620 points from the previous day. Trading volume increased, with 513 million shares…
Karachi: Habib Bank Limited (HBL) disclosed a modest year-over-year profit increase of 3% for the first nine months of 2024, totaling PkR 44.1 billion, driven by gains in both Net Interest Income and Non-Interest Income. The performance was tempered by…
Karachi: The currency exchange rates in Pakistan have seen modest fluctuations over the past two days, as per the latest data provided by the Exchange Companies Association of Pakistan. The rates for major currencies such as the US dollar, Euro, and Br…
Karachi: The KSE-100 index witnessed a volatile trading week, closing down by 233 points or 0.3% at 85,250 points. The downward trend was primarily influenced by the commercial banks and power sectors, which experienced significant losses due to regula…
Karachi: The KSE-100 index closed the week with a minor decline of 0.3%, ending at 85,250.09 points, amid fluctuating trading volumes and significant political and economic developments. The market’s performance reflected cautious investor sentiment, i…
Karachi: In a recent assessment of the Pakistan Stock Exchange (PSX), JS Global Capital Limited reported a downturn, with the KSE-100 index closing 335 points lower at 85,250. This decline occurred despite a positive market opening, influenced by a bro…