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Karachi: The Pakistan Stock Exchange (PSX) witnessed a significant uptick on Thursday as the KSE100 index soared to a new record high of 168,990.06 points, marking a daily increase of 500.43 points, or 0.30%. This surge reflects a robust yearly growth...
Read More »KIBOR Rates Show Marginal Fluctuations Across Tenors
Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rates (KIBOR) for October 3, 2025. The rates indicate slight variations across different tenors, reflecting the ongoing market conditions. According to the data, the o...
Read More »PAJCCI Meeting Calls for Unified Strategy to Boost Trade
Karachi: The Pakistan-Afghanistan Joint Chamber of Commerce and Industry (PAJCCI) convened its 11th Annual General Meeting on September 30, 2025, aiming to address the significant decline in bilateral trade between Pakistan and Afghanistan. The meetin...
Read More »NCCPL and BankIslami Collaborate to Boost Islamic Finance in Pakistan’s Capital Market
Karachi: BankIslami and the National Clearing Company of Pakistan Limited (NCCPL) have entered into a strategic partnership aimed at enhancing the presence of Islamic finance within the country's capital markets. The agreement, formalized through a Me...
Read More »PACRA Affirms AAA Rating for WAPDA’s Consolidated Dasu TFC
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed the "AAA" credit rating for the Water and Power Development Authority's (WAPDA) Dasu Consolidated Term Finance Certificate (TFC), valued at PKR 35.2 billion. This decision follows ...
Read More »Lucky Electric Power Company: Initial Rating Assigned Amid Financial Challenges
Karachi: Lucky Electric Power Company Limited (LEPCL) has received an initial rating for its PKR 6 billion debt instrument, the PPSTS-22, as announced by The Pakistan Credit Rating Agency Limited. The company has set up a 660MW coal-fired power plant ...
Read More »Pakistan Fertilizer Sales Surge 17% Year-Over-Year in September
Karachi: Urea sales in Pakistan for September 2025 are anticipated to rise by 17% compared to the same month last year, reaching 428,000 tons, according to a recent report. This increase is attributed to a low base effect, despite a 48% decline from A...
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