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Karachi: Bank Alfalah Limited, known as BAFL, concluded trading at PKR 40.57. The company announced a 40% dividend for December, followed by a 50% and an additional 30%(I) distribution. The bank, listed in 2004, saw a high of PKR 43.58 and a low of PK...

Karachi: Imperial Ltd, trading with the symbol IML, finished the day at PKR 14.96. It has not announced any dividends for the year ending in June. The firm, which entered the market in 2008, saw its shares reach a high of PKR 18.74 and a low of PKR 10...

ISLAMABAD , The cost of the Bhara Kahu bypass construction project has risen to PKR 8 billion, a significant increase from the originally approved budget of PKR 6.5 billion. This escalation in the project's financial requirements is attributed to an ex...

The post Bhara Kahu Bypass Project Budget Rises to PKR 8 Billion Due to Expanded Scope appeared first on Pakistan Business News.

KARACHI, Auto sales in Pakistan are expected to remain low in October 2023, as the three listed Original Equipment Manufacturers (OEMs) are likely to report a combined sales volume of just 5,300 units. This figure represents a steep 59% year-over-year ...

The post Pakistan’s Auto Sales Face Sharp Decline Amid Economic Challenges appeared first on Pakistan Business News.

ISLAMABAD, In a recent development, JS Investments Limited (JSIL) has broadened its portfolio with the launch of the JS Islamic Premium Fund (JSIPF), offering investors a medium-risk avenue for Shariah-compliant income.According to JS Investments, the ...

The post JS Investments Introduces JS Islamic Premium Fund for Shariah-Compliant Investments appeared first on Pakistan Business News.

SIALKOT, The Pakistan Credit Rating Agency (PACRA) has assigned a preliminary long-term rating of 'AA+' and a short-term rating of 'A1+' to The Hub Power Company Limited (HUBCO) for its proposed Pakistan Power Sector Term Finance Certificates (PPSTS) o...

The post Hub Power Company Receives AA+ Rating with Stable Outlook from PACRA appeared first on Pakistan Business News.

SIALKOT, Mughal Iron & Steel Industries Limited has retained its 'A+' long-term and 'A1' short-term credit ratings, with a stable outlook for its PKR 2 billion Pakistan Power Sector Term Finance Certificates (PPCP), as per the latest re...

The post PACRA Maintains A+ Rating for Mughal Iron & Steel Industries Amid Diverse Product Strength and Export Achievements appeared first on Pakistan Business News.