Karachi, The UBL Income Opportunity Fund has announced its financial performance for the period ending in June, with notable distributions and adjustments in its offer and redemption prices, according to the latest data from the Pakistan Stock Exchang...
Read More »Crescent Steel Announces Interest Distribution Amidst Stable Pricing
Karachi, Crescent Steel and Allied Products disclosed a stock price of Rs. 72.73 against a slightly higher daily average of Rs. 73.41. With a notable paid-up capital of Rs. 776.32 million, the company declared a 20% interest distribution, indicating a...
Read More »NBP Pakistan Growth ETF Records Modest Activity
Karachi, The NBP Pakistan Growth ETF (NBPGETF) noted a daily weighted average rate of 15.76 with a fund size of Rs. 80.310 million. Operational since 2020, NBPGETF saw its trading figures reach a high of 14.73 and a low of 13.53 during the first three...
Read More »VIS Maintains ‘AAA/A-1+’ Rating for Pakistan Mortgage Refinance Company
Lahore, VIS Credit Rating Company Limited (VIS) has reaffirmed the ‘AAA/A-1+’ credit rating for Pakistan Mortgage Refinance Company Limited (PMRC), indicating a stable outlook and high credit quality similar to government securities.
According to VI...
The post VIS Maintains ‘AAA/A-1+’ Rating for Pakistan Mortgage Refinance Company appeared first on Pakistan Business News.
Read More »Madina Oil Refinery Limited’s Ratings Upgraded by VIS
Karachi, VIS Credit Rating Company Limited (VIS) has raised the entity ratings of Madina Oil Refinery Limited (MORL) from 'BBB-/A-2' to 'BBB/A-2', reflecting improvements in profitability and capitalization. The medium to long-term rating upgrade sign...
The post Madina Oil Refinery Limited’s Ratings Upgraded by VIS appeared first on Pakistan Business News.
Read More »Madina Oil Refinery Limited’s Ratings Upgraded by VIS
Karachi, VIS Credit Rating Company Limited (VIS) has raised the entity ratings of Madina Oil Refinery Limited (MORL) from 'BBB-/A-2' to 'BBB/A-2', reflecting improvements in profitability and capitalization. The medium to long-term rating upgrade sign...
The post Madina Oil Refinery Limited’s Ratings Upgraded by VIS appeared first on Pakistan Business News.
Read More »NTDC ensures nonstop power supply on Eid
In compliance with the instructions of Ministry of Energy, National Transmission and Despatch Company Limited has completed all necessary preparations to ensure uninterrupted power supply throughout the country on the occasion of Eid-ul-Fitr. In a st...
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