Business

This category covers all news related Business & Finance

KSE-100 Index Surpasses 49,000 Amidst Persistent Bull Dominance, Advises JS Securities Limited

Karachi, 13 Oct 2023: The bullish trend steadfastly maintained its grip on the Pakistan Stock Exchange, propelling the KSE-100 index past the significant 49,000 mark to eventually close at 49,493, a notable ascension by 722 points, as per the daily hig...

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KSE-100 Index Skyrockets to a 6-Year Peak, Closing at 49,493 Amid Positive Macroeconomic Indicators

Karachi, 13 Oct 2023: The KSE-100 index vaulted to its most elevated level in six years, culminating at a week-closing of 49,493, which translates to an uplifting surge of 4.2% week-on-week, according to the weekly review by JS Securities Limited. A 29...

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PTCL to Monetize 12 Non-core Assets Across Nine Cities to Fund Network Expansion

Islamabad, 12 Oct 2023:Pakistan Telecommunication Company Limited (PTCL) has resolved to monetize twelve of its non-core assets dispersed across nine cities in a strategy to amplify its financial robustness and enhance service capability. This decision...

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Zong 4G CEO and PTA Chairman Confer on Enhancing Pakistan’s Telecommunication and Digitalization

Islamabad, 12 Oct 2023:Mr. Huo Junli, CEO and Chairman of Zong 4G (CMPak), engaged in a constructive dialogue with the Chairman of Pakistan Telecommunication Authority (PTA), Major General (Retd.) Hafeez ur Rehman, on 9th October, focusing on the expan...

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Bank of Azad Jammu and Kashmir Achieves Rs 2.54 Billion Profit in Less Than Four Years

Muzaffarabad, 12 Oct 2023:In under four years, Bank of Azad Jammu and Kashmir has achieved a profit of Rs 2.54 billion, a notable feat considering that prior to 2019, it took 13 years for the bank to realize a cumulative profit of Rs 1.78 billion, acco...

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HBL Commits to Innovate and Transform Cross-Border Payments at IAMTN Summit

Karachi, 12 Oct 2023:Habib Bank Limited (HBL), a major participant in Pakistan's remittance flows, prominently featured in the International Association of Money Transfer Networks (IAMTN) Summit held in Dubai on 11 and 12 October 2023, demonstrating it...

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BankIslami Secures Second Position in Best Islamic Bank at 20th Annual Excellence Awards

Islamabad, 12 Oct 2023:BankIslami Pakistan Limited has earned the runner-up spot in the Best Islamic Bank category at the 20th Annual Excellence Awards, as per the information divulged in a recent press release by the financial institution. The awards,...

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