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Lahore, The Pakistan Credit Rating Agency Limited (PACRA) has opted to maintain the stability rating of the Atlas Income Fund ("AIF" or the "Fund"), highlighting the fund's moderate risk profile. With an investment objective centered on securing compet...

The post PACRA Retains Stability Rating for Atlas Income Fund Amidst Moderate Risk Profile appeared first on Pakistan Business News.

Islamabad, Paving the way for modernized payment methods for freelancers in Pakistan, SadaPay, a prominent fintech firm, has unveiled that its business account, SadaBiz, will now support invoicing via Apple Pay. The revelation came during the inaugural...

The post SadaPay Introduces Apple Pay Invoicing for Pakistani Freelancers appeared first on Pakistan Business News.

Karachi, In a display of significant market vitality, the KSE-100 index soared past the 50,000 mark, recording a substantial gain of 934 points to conclude at 50,365. According to a research report by JS Securities Limited, the rally witnessed widespre...

The post KSE-100 Surpasses 50,000 Mark, Boosted by Oil and Gas and Auto Sectors appeared first on Pakistan Business News.

Karachi, Punjab Modaraba 1st NC (FPJM) reported a today's rate of Rs. 1.33 with a paid-up capital of Rs. 340.20 million as of December. The company declared no distributions for par value Rs. 10 and a market lot of 500. The previous book closure was o...

Karachi, EFG Hermes Pakistan NC (EFGH) reported a today's rate of Rs. 11.00 with a paid-up capital of Rs. 200.16 million as of December. No distributions were reported for the year ending December with par value Rs. 10 and market lot of 500. The compa...

Karachi, Popular Islamic Modaraba XD NC (PIM) closed at Rs. 8.31 with a paid-up capital of Rs. 140 million as of June. Distributions for the year ending June were reported at 4.034%, 3.744%, and 4.557% with par value Rs. 10 and market lot of 500. The ...

Karachi, UBL Income Opportunity Fund disclosed its offer price of 118.02 and a redemption price of 116.05 for the fiscal year ending in June 2023. The fund reported distributions of 5.00% for the current year and 4.74% for the previous year. It was li...