Business

Karachi, May 09, 2023 (PPI-OT): KSE-100 rebounded from 200-DMA; 'Buy on dips'KSE-100 index closed the session at 41,374 level, down 456 points DoD. Volumes stood at 203mn shares versus 179mn shares traded previously. A short-term correction seems to be...

Karachi, May 09, 2023 (PPI-OT): A gong ceremony was held at Pakistan Stock Exchange (PSX) to celebrate twenty years of commitment by CFA Society Pakistan (CFASP) to elevate and promote excellence in the investment profession. Mr. Nick Pollard, Managing...

Karachi, May 09, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has assigned initial entity ratings of ‘A/A-1’ (Single A/ A-One) to Mobilink Microfinance Bank Limited (MMBL). The medium to long-term rating of ‘A’ signifies good credit quality; ...

Karachi, May 09, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has assigned preliminary rating of ‘AAA’ (Triple A) to Pakistan Telecommunication Company Limited’s (PTCL) proposed Rs. 5.0b Sukuk. The medium to long-term rating of ‘AAA’ denotes ...

Islamabad, May 09, 2023 (PPI-OT): Al Meezan Investment Management Limited, Pakistan’s largest fund manager with Assets under Management of over PKR 295 Billion including discretionary portfolios has partnered with easypaisa, Pakistan’s leading digital ...

Asian Development Bank (ADB) has expressed its strong commitment to help Pakistan to build the much-needed climate-resilient infrastructure.The assurance was given by the Bank's Director General of Central and West Asia Department Yevgeniy Zhukov whil...

Finance Ministry says the coalition government has averted the default and the economy is now on a course to stability and growth.Regarding a recent news carried by media about 3.7 billion dollars repayment till the end of next month, the Ministry sai...