Karachi: The Pakistan Vanaspati Manufacturers Association (PVMA) has expressed strong support for Prime Minister Shehbaz Sharif's recent visit to Malaysia, highlighting its potential to significantly enhance trade and industrial relations between the ...
Read More »KIBOR Rates Show Stability with Minor Fluctuations Across Tenors
Karachi: The Karachi Interbank Offered Rates (KIBOR) released by the State Bank of Pakistan indicate a stable financial environment with slight fluctuations in borrowing rates across varying tenors. Data for October 8, 2025, shows both bid and offer r...
Read More »Fauji Fertilizer and Engro Fertilizers to Maintain Dividends Amid Sector Challenges
KARACHI: Fauji Fertilizer Company Limited (FFC) and Engro Fertilizers Limited (EFERT) are set to announce quarterly dividends for the third quarter of calendar year 2025, despite facing industry-related headwinds. According to estimates, FFC is expect...
Read More »Exchange Rates Hold Steady Amid Economic Uncertainty
Karachi: The Exchange Companies Association of Pakistan (ECAP) on Tuesday released the latest open market closing exchange rates, revealing slight fluctuations in currency values against the Pakistani Rupee. The United States Dollar was reported at ...
Read More »State Bank of Pakistan Releases Daily Exchange Rates
KARACHI: The State Bank of Pakistan has announced the weighted average customer exchange rates for a range of foreign currencies as part of its daily report from the Domestic Markets and Monetary Management Department. The report provides insights ...
Read More »Pakistan Stock Market Faces Downward Pressure as KSE-100 Declines
Karachi: The KSE-100 index, the benchmark for Pakistan's stock market, experienced a significant decline, closing at 167,752 points, a decrease of 1,238 points from the previous day. Trading volumes also saw a reduction, with 1,274 million shares exch...
Read More »HUBC Explores Strategic Expansion with New Ventures and Growth Opportunities
Karachi: The Hub Power Company (HUBC) is exploring various strategic options to expand its business portfolio and address energy challenges in Pakistan, according to management discussions with CEO Kamran Kamal and CFO Muhammad Saqib. The company is c...
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