General Business News

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has awarded the Faysal Islamic Asset Allocation Fund (FIAAF) a prestigious 5-Star ranking, recognizing its superior risk-adjusted returns despite a challenging market environment. The FIAAF ad...

Karachi: Malik Muhammad Bostan, Chairman of the Exchange Companies Association of Pakistan, has thrown his support behind a reform initiative led by Federal Minister for Finance and Revenue Senator Mohammad Aurangzeb. Bostan emphasized the importance ...

Karachi: Waves Home Appliances Ltd. (WAVESAPP) presented its financial results for the fiscal year CY24 and the first nine months of CY25 during an analyst briefing, highlighting a mixed performance in revenue and earnings. The briefing outlined key f...

Karachi: Waves Corporation Ltd. (WAVES) conducted an analyst briefing to discuss its financial performance for CY24 and the first nine months of CY25, revealing mixed results and a positive outlook. The company reported a 24% year-on-year decline in n...

Karachi: Spotify released its Q3 2025 earnings report today, showcasing significant growth in user numbers and revenue, reinforcing its status as a leader in the audio streaming industry. The company reported that its Monthly Active Users (MAUs) hav...

Karachi: National Foods Ltd (NATF), a prominent player in Pakistan's food products industry, has been given a Buy rating by analysts at JS Global, highlighting its promising growth trajectory and strategic business decisions. With a newly set target p...

Karachi: Pakistan's stock market experienced a decline on Wednesday as key indices fell, causing a significant drop in market capitalization and traded value. The KSE30 and KSE100 indices both saw decreases, contributing to the bearish sentiment. Th...