Business

Karachi, a prominent player in the auto components industry, held an analyst briefing to discuss its financial results for the fiscal year 2023 (FY23) and its future outlook. The company reported a significant loss of PkR5.23 per share in FY23, compare...

The post LOADS Faces Financial Challenges in FY23 Amid Auto Sector Decline appeared first on Pakistan Business News.

Karachi, The KSE-100 index, a key benchmark for the Pakistan stock market, experienced a volatile trading session, closing marginally higher by 15 points at 57,078. Trading volumes were recorded at 718 million shares, a decrease from the 902 million sh...

The post Pakistan Market: KSE-100 Index Shows Volatility, Expected to Consolidate appeared first on Pakistan Business News.

Lahore, The Lahore Development Authority (LDA) has announced the early completion of the Shahdara Flyover project, finishing four months ahead of schedule and promising significant relief from traffic congestion for city commuters.According to Zameen.c...

The post Shahdara Flyover in Lahore Opens Early, Promising Traffic Relief appeared first on Pakistan Business News.

Karachi, The KSE-100 Index, a key benchmark for the Pakistan stock market, showed range-bound activity in its latest trading session. The index opened positively and maintained a narrow range throughout the day. It posted a high of 246 points and a low...

The post KSE-100 Index Exhibits Range-Bound Activity in Recent Trading Session appeared first on Pakistan Business News.

Islamabad, Pakistan's current account balance for October 2023 nearly reached a break-even point with a deficit of just US$74 million. This figure is part of the cumulative US$1.1 billion current account deficit (CAD) recorded in the first four months ...

The post Elevated Income Deficit Challenges Pakistan’s Efforts Despite Higher Remittances and Exports appeared first on Pakistan Business News.

Karachi, The Karachi Chamber of Commerce & Industry (KCCI), led by its President Iftikhar Ahmed Sheikh, will be conducting a significant press conference. This conference, involving the presidents and representatives of all seven Industrial...

The post Karachi Chamber of Commerce to Hold Press Conference on Gas Tariff Hikes appeared first on Pakistan Business News.

Karachi, VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Asher Imran Spinning Mills (Private) Limited (AISML) at 'A-/A-2', reflecting its sound credit quality and stable outlook despite the spinning sector facing significan...

The post VIS Maintains Stable Ratings for Asher Imran Spinning Mills Amid Industry Challenges appeared first on Pakistan Business News.