Karachi: MSCI has recalibrated its Frontier Market Index, incorporating significant changes for Pakistan's securities. In its November review, MSCI added eight securities to the Frontier Market Index, with three originating from Pakistan. This adjustm...
Read More »Urea Sales to Experience Slight Decline in October 2025
Karachi: Urea off-take in October 2025 is projected to experience a slight year-on-year decline of 2%, according to recent data. The cumulative decrease in urea off-take for the first ten months of 2025 is expected to ease to 7.6%. The industry aims t...
Read More »IMM REIT Management Maintains Strong Rating Amid Expansive Development Plans
Multan: The Pakistan Credit Rating Agency Limited has affirmed the rating of IMM REIT Management Company Limited, reflecting its experienced management team and strategic backing from prominent industry players. IMM RMC, owned by Mascon Private Limite...
Read More »Waves Corporation Projects Positive Outlook Amid Earnings Growth
Karachi: Waves Corporation Ltd. (WAVES) conducted an analyst briefing to discuss its financial performance for CY24 and the first nine months of CY25, revealing mixed results and a positive outlook. The company reported a 24% year-on-year decline in n...
Read More »Spotify Surpasses 700 Million Users Amid Record Q3 Profits
Karachi: Spotify released its Q3 2025 earnings report today, showcasing significant growth in user numbers and revenue, reinforcing its status as a leader in the audio streaming industry. The company reported that its Monthly Active Users (MAUs) hav...
Read More »National Foods Ltd Poised for Growth Amid Strategic Moves
Karachi: National Foods Ltd (NATF), a prominent player in Pakistan's food products industry, has been given a Buy rating by analysts at JS Global, highlighting its promising growth trajectory and strategic business decisions. With a newly set target p...
Read More »Stock Market Decline Drives Losses Across Key Indices
Karachi: Pakistan's stock market experienced a decline on Wednesday as key indices fell, causing a significant drop in market capitalization and traded value. The KSE30 and KSE100 indices both saw decreases, contributing to the bearish sentiment. Th...
Read More »
AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service