Business News

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of the Alfalah GHP Money Market Fund (AGMMF), maintaining its classification under a low-risk profile. The fund aims to deliver competitive returns by inves...

Karachi: LOADS Ltd. presented its FY25 financial outcomes and future strategies at a corporate briefing, revealing a 34% increase in revenue, reaching PkR6.0 billion, up from PkR4.5 billion in FY24. The surge was attributed to a rise in volumetric sal...

Karachi: Meezan Bank, a prominent name in Pakistan's Islamic banking sector, has been awarded the 'Best Bank of the Year - Large Size Banks' title by the CFA Society Pakistan at its 22nd Annual Excellence Awards in Karachi. This recognition marks the ...

KARACHI: Recent tensions along the Pak-Afghan border have led to a 10% drop in the stock price of Kohat Cement Company Limited (KOHC). However, market analysts suggest that the negative impact on the stock has been overestimated. The management of KOH...

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed the stability rating of the Alfalah GHP Islamic Income Fund (AGIIF), maintaining its classification under a medium risk profile. The fund aims to minimize risk by creating a liqui...

Karachi: The stock market witnessed a slight uptick in key indices despite a notable decrease in trading volumes, according to the latest figures released by the Pakistan Stock Exchange. The KSE100 index closed at 158,183.95 points, marking an increas...

Karachi: The Exchange Companies Association of Pakistan has released new data on currency exchange rates, highlighting modest fluctuations in the values of several major currencies against the local currency. The report provides insights into the buyi...