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Karachi, AGA Khan Fund for Economic Development (AKFED), a substantial shareholder in Habib Bank Limited, has executed multiple transactions to purchase shares in the bank. The transactions were carried out on May 5, 2023, and the details of each trans...

Karachi, JS Momentum Factor Exchange Traded Fund (JSMFETF) has announced that its portfolio will undergo rebalancing effective May 8, 2023. This move follows the rebalancing of the JS Momentum Factor Index, which serves as the underlying index for the ...

Karachi, Alfalah Asset Management Limited has announced the daily distribution of Alfalah Islamic Rozana Amdani Fund (AIRAF) for unit holders whose names appeared in the unit holder register at the close of May 05, 2023. The Chief Executive on behalf o...

Karachi, May 08, 2023 (PPI-OT): 9MFY23 Primary balance - 44% below IMF targetPakistan's budget deficit contracted to 1.7% of GDP in 3QFY23 (from 1.8% in the 3QFY22). In absolute terms the deficit expanded 17% YoY for 3QFY23 - 20% YoY for 9MFY23 (3.7% o...

Karachi, May 08, 2023 (PPI-OT): KSE-100; Consolidation likelyKSE-100 index witnessed another positive session to close at 42,242, up 148 points DoD. Volumes stood at 178mn shares versus 255mn shares traded previously. The index is likely to face resist...

Islamabad, May 08, 2023 (PPI-OT): Ambassador- designate of Pakistan to the Kingdom of Saudi Arabia Ahmad Farooq called on Minister for Finance and Revenue Senator Muhammad Ishaq Dar in Islamabad on Monday. The Finance Minister greeted the Ambassador-de...

New Delhi, May 08, 2023 (PPI-OT): Amid minorities being targeted in BJP-ruled India, Christians are under growing attack by Hindu extremists in the volatile Indian state of Manipur, where 41 churches have been razed to the ground as the mobs went on a ...