MCB Bank has crossed the mark of Rs. 1 trillion deposits, becoming the fourth bank in Pakistan to reach the… Read More
UBL Posts Earnings Well Below Market Expectations for Q2 FY 2018
United Bank Limited (UBL) posted earnings of Rs 3.62 billion in April-June 2018, down by 40% from Rs 5.98 billion… Read More
Lucky Cement Posts a Profit of Rs. 14.8 Billion in FY 2018
Lucky Cement recorded a consolidated net profit of Rs 14.82 billion after taking out Rs. 1.35 billion attributable to non-controlling… Read More
Al-Ghazi Tractors Announces Another Profitable Quarter in 2018
Al-Ghazi Tractors Limited (AGTL) reported earnings of Rs 718 million in the second quarter that ended on June 30, up… Read More
Pakistan’s Current Account Deficit Reaches an All-Time High of $18.9 Billion
Pakistan’s Current Account Deficit (CAD) has swelled to reach an all-time high of $18.9 billion in the outgoing financial year… Read More
Pakistan’s Net FDI Grows By 99% in FY18
Pakistan’s net Foreign Direct Investment (FDI) showed a growth of 99 percent in the financial year 2017-18 when compared with… Read More
Daily Stock Report: Market Suffers Biggest Drop in a Day in 2018 So Far
A bloodbath was seen at the Pakistan Stock Exchange (PSX) today, with the benchmark KSE-100 index suffering the biggest intra-day… Read More
Peshawar Zalmi Ranked as the Most Valuable PSL Franchise for 2nd Time
Peshawar Zalmi has been ranked as the most valuable brand that competed in the PSL 3.… Read More
Pakistan Steel Mills Losses Grow to Over Rs. 200 Billion
Pakistan Steel Mills’ losses have reached an overwhelming figure of Rs 200 billion.… Read More
Foreign Exchange Reserves Fall by $602 Million: SBP
The State Bank has used $602 million in just one week for debt servicing and other payments.… Read More
Moody’s Downgrades Pakistan’s Rating Outlook to Negative from Stable
Moody’s Investors Service on Wednesday changed the outlook on Pakistan’s rating to negative from stable and affirmed the B3 local… Read More
SECP Registers 1,094 Companies During May 2018
In May, the Securities and Exchange Commission of Pakistan (SECP) registered 1,094 new companies. As compared to the corresponding month… Read More
