Karachi: The State Bank of Pakistan has released the latest weighted average customer exchange rates for a range of currencies, reflecting current market conditions. The rates, effective February 17, 2025, indicate the buying and selling prices for cu…

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Karachi: The State Bank of Pakistan has reported its latest overnight repo and reverse repo transactions, with financial institutions engaging in significant short-term borrowing and lending activities. On February 17, 2025, two institutions accessed …

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Karachi: Authorized dealers in foreign exchange have released the latest exchange rates for mark to market revaluation, with notable changes observed across multiple currencies. The rates are crucial for financial institutions and traders who rely on …

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Karachi: Engro Fertilizers Ltd. (EFERT) recently reported its financial results for the year CY24, showing a robust earnings growth of 8% year-on-year, with total earnings reaching Rs28 billion. The company also announced a cash dividend of Rs8 per sh…

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Karachi: The Union of Small and Medium Enterprises (UNISAME) has expressed appreciation for Prime Minister Shehbaz Sharif’s focus on reforms across various sectors, including those aimed at improving conditions for small and medium enterprises (SMEs)….

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Karachi: Barkat Frisian Agro is set to initiate its initial public offering (IPO) with a book building phase starting on February 17, targeting high net worth individuals and institutional investors. The phase will last until February 18, allowing the…

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Multan: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity ratings of Ahmed Fine Textile Mills Limited (AFTML) at ‘A’ for the long term and ‘A1’ for the short term, with a stable outlook. This rating affirmation underscores AF…

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Karachi: Pakistan State Oil (PSO) delivered a stable performance for the first half of the fiscal year 2025, announcing a net profit of PKR 11.2 billion alongside gross sales totaling PKR 1.74 trillion.

According to a statement by Pakistan State Oi…

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Karachi: VIS Credit Rating Company Limited has finalized a short-term rating of ‘A1’ for the Short-Term Sukuk (STS) issuance of Rs. 1,500 million by Citi Pharma Limited. The rating suggests a strong likelihood of timely repayment of short-term obligat…

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