The National Bank of Pakistan (NBP) has officially announced the successful divestment of its entire shareholding in Agritech Limited (PSX: AGL), according to a notification issued today. The divested holdings...

The VIS Credit Rating Company Limited has reaffirmed the long-term entity rating of Maple Leaf Cement Factory Limited (PSX: MLCF) at ‘A’ and the short-term rating at ‘A-1,’ maintaining a...

Pakistan Telecommunication Company Limited (PSX: PTC) has reported a net loss of Rs137.08 million (LPS: Rs0.03) for the third quarter ending September 30, 2024, marking a stark contrast from the...

Engro Fertilizers Ltd. (EFERT) announced its 3QCY24 financial results, posting consolidated earnings of PKR 6.8 billion (EPS: PKR 6.41), down 11% YoY compared to PKR 9.6 billion (EPS: PKR 7.21)...

Pakistan's stock market opened the week sluggishly, with the benchmark KSE-100 Index declining by 222.02 points or 0.26% to close at 85,261.38. The downward sentiment was largely driven by the...

In Monday's interbank session, the Pakistani rupee (PKR) depreciated by 2.27 paisa or 0.01% against the US dollar, settling at PKR 277.66 per USD, compared to the previous closing of...

On Monday, the price of 24-karat gold per tola in Pakistan increased by Rs. 200, reaching Rs. 275,700, up from Rs. 275,500 the previous trading day, according to the All...

Telecard Limited (PSX: TELE) reported a dramatic 89.3% drop in its net profit for the year ended June 30, 2024, with earnings falling to Rs34.64 million (EPS: Rs0.03) from Rs324.44...

In a significant development, AlBaik Food Systems Company, a beloved Saudi fast-food chain, is gearing up to launch its operations in Pakistan. A memorandum of understanding (MoU) has been signed...

Leaders from the Shanghai Cooperation Organisation (SCO) member states are set to gather in Islamabad on October 15-16 for the 23rd meeting of the Council of Heads of Government (CHG)....