Karachi: Pakistan Aluminium Beverages Can Ltd (PABC) has had its stock rating downgraded to “Underperform” following a significant stock price increase. The target price for December 2025 has been set at Rs100, indicating a potential 19% decline.
Ac…
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Karachi: A multi-sectoral exporters’ delegation from Pakistan is set to visit Bangladesh this week, with the aim of enhancing economic, commercial, and trade relations between the two countries. Led by Mr. Atif Ikram Sheikh, President of the Federatio…
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Karachi: Urea sales are projected to experience a significant recovery in December 2024, reaching the highest levels in over four years, Urea off-take is expected to reach 991,000 tons, marking a 58% increase year-on-year and a 52% rise month-on-month…
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Lahore: Zafar Iqbal, Vice President of the Pakistan China Joint Chamber of Commerce and Industry (PCJCCI), has emphasized the need for Pakistan to collaborate with China in order to enhance the country’s chemical industry and shift its focus from bein…
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KARACHI: Imran H Shaikh, the Deputy Chief Executive Officer of Bank Islami Pakistan Limited, recently appeared on a special episode of the podcast ‘Celebrating Sweet Success’ to discuss his professional journey and insights. Shaikh, an alumnus of the …
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Karachi: VIS Credit Rating Company Limited has maintained the entity ratings of Atlas Solar Limited at ‘A/A2’ with a revised outlook from ‘Stable’ to ‘Positive’. This reflects good credit quality and a solid likelihood of timely repayment of short-ter…
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Karachi: Cement dispatches in Pakistan for December 2024 reached 4.2 million tons, marking a 2% year-on-year increase, primarily fueled by a significant 49% year-on-year rise in exports. Conversely, domestic demand witnessed a 5% year-on-year decline….
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Karachi: Bank AL Habib Limited’s long-term rating has been maintained at AA+ by PACRA, reflecting the bank’s ongoing efforts to enhance its market position despite increasing competition.
According to The Pakistan Credit Rating Agency Limited, the …
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Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has confirmed that it is maintaining the AA+ long-term rating for Bank AL Habib Limited’s Tier-I TFC VI, with a stable outlook. The decision reflects the bank’s consistent efforts to strengthe…
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Islamabad:Pakistan Meteorological Department has predicted that dry weather will prevail over most parts of the country, with partly cloudy conditions expected in northern areas, accompanied by cold weather over the next twelve hours.
According to R…
