Karachi: The first quarter of fiscal year 2026 earnings previews for Fauji Cement Company Ltd (FCCL), Cherat Cement Company Ltd (CHCC), and Attock Cement Pakistan Ltd (ACPL) reveal a varied performance across the sector, according to a report by JS Gl...
Read More »Pakistan’s Currency Market Sees Stable Exchange Rates
Karachi: The Exchange Companies Association of Pakistan (ECAP) announced the closing exchange rates in the open market, showing a stable performance of major currencies against the Pakistani Rupee. According to the data released, the US Dollar was bei...
Read More »Meezan Bank’s Third Quarter Earnings Decline Amid Lower Investment Yields
Karachi: Meezan Bank Ltd reported its third-quarter financial results, revealing a net profit of PkR21.1 billion, marking an 18% decrease from the previous year. Despite the decline, the results are in line with projections, and the bank announced an ...
Read More »KIBOR Rates Update: State Bank of Pakistan Releases New Figures
Karachi: The State Bank of Pakistan has released the latest Karachi Interbank Offered Rate (KIBOR) figures, reflecting current trends in the financial market. The data, updated as of October 24, 2025, indicates stable interest rates across various ten...
Read More »Etihad Alloys Receives Stable Rating Amid Expansion and Economic Zone Status
RAHIM YAR KHAN: The Pakistan Credit Rating Agency Limited has maintained the entity ratings of Etihad Alloys Private Limited, affirming the company's financial stability as it progresses with significant industrial projects. Based in Rahim Yar Khan, P...
Read More »Stock Market Faces Volatility Amid Weaker Corporate Earnings
Karachi: The stock market experienced volatility over the past week, with a notable decline in the benchmark index and reduced market participation, as corporations reported weaker-than-expected earnings. The benchmark index dropped by 502 points, mar...
Read More »Faysal Bank Reports Improved Quarterly Profits Amid Rising Core Income
Karachi: Faysal Bank Ltd (FABL) has reported a modest improvement in its third-quarter profits for the calendar year 2025, driven by an increase in core income. The bank announced a net profit after tax (NPAT) of PkR4.9 billion, equating to an earning...
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