The Pakistani rupee (PKR) posted encouraging gains against the US Dollar (USD) today after opening trade at 278 in the… Read More
Price of Gold Falls 2nd Day in a Row
The price of gold in Pakistan declined for the second consecutive day on Friday after a 7-day record-breaking run that… Read More
Fauji Cement Posts Highest Ever Quarterly Profit of Rs. 3.2 Billion in Q1 FY25
Fauji Cement Company Limited (PSX: FCCL) has posted a profit after tax of Rs. 3,247 million for the quarter ended… Read More
Pakistan’s Reform Package Good for FDI, Fiscal Sustainability, SOEs: IMF Director
The reform package that the government of Pakistan has put together has several objectives including achieving fiscal sustainability by addressing… Read More
BankIslami Posts 20.5% Profit Growth in 9 Months of 2024
BankIslami continues its growth trajectory, delivering substantial returns to its shareholders with a remarkable 33.6 percent increase in profit before… Read More
Punjab Misses Cash Surplus Requirement Putting IMF Deal At Risk
Pakistan has fallen short of a critical demand of the International Monetary Fund (IMF) after failing to meet the required… Read More
PSX Makes History After Crossing 90,000 Mark to Hit New All-Time High
The Pakistan Stock Exchange (PSX) continued its record-setting spree for the fifth straight session on Friday, taking the KSE-100 index… Read More
Kohat Cement Posts Highest Ever Quarterly Profit in Q1 FY25
Kohat Cement Company Limited (KOHC) has released its financial results for 1QFY25, reporting a profit after tax of Rs. 3,439… Read More
Finance Minister Hopes to Complete PIA Sale, Outsourcing of Islamabad Airport Next Month
The federal government is trying to complete the sale of Pakistan International Airlines (PIA) and outsourcing of Islamabad International Airport… Read More
Rupee Closes in Red After Depreciating Against US Dollar, Other Currencies
The Pakistani rupee (PKR) posted losses against the US Dollar (USD) today after opening trade at 278 in the interbank… Read More
Maple Leaf Cement Profit Down 17% in Q1 FY25
Maple Leaf Cement Factory Limited (MLCF) announced its financial result for 1QFY25 today, posting a profit after tax of Rs.… Read More
MCB Bank Crosses Rs. 2 Trillion Deposits, Reports Strong 9-Month Profit
MCB Bank Limited (MCB) has announced its financial results for the nine-month period ended September 30, 2024, reflecting a strong… Read More
