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...
Read More »Meezan Bank Secures Sixth Consecutive ‘Best Bank of the Year’ Award
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 ...
Read More »KOHC Faces Challenges Amid Border Tensions, But Experts Recommend Buying Stock
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...
Read More »PACRA Affirms Stability Rating for Alfalah GHP Islamic Income Fund
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...
Read More »Stock Market Sees Modest Gains Amid Lower Trading Volume
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...
Read More »Stock Market Sees Modest Gains Amid Broader Regional Trends
Karachi: The Pakistan Stock Exchange (PSX) experienced a steady climb on its benchmark indices as the KSE100 index rose by 313.45 points to close at 158,183.95, marking a 0.20% increase. The KSE30 index also saw a slight uptick of 47.49 points, closin...
Read More »PPL Boosts Gas Processing Capacity in Sindh with Gambat South Upgrade
KARACHI: Pakistan Petroleum Limited (PPL) has successfully increased its gas processing capacity at the Gas Processing Facility (GPF-II) in Gambat South Block, Sindh. This enhancement marks a significant achievement for the company, which holds a 65 p...
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