Meezan Bank witnessed a massive growth in profitability leaving behind big conventional banks by a wide margin, becoming the most… Read More
Rupee Falls Against Most Currencies As Political Uncertainty Rattles Market
The Pakistani rupee reversed gains against the US Dollar during intraday trade today after opening trade at 283.5 in the… Read More
Engro Polymer Profits Drop by Massive 61% in First Half of 2023
Engro Polymer and Chemicals Limited (PSX: EPCL) has posted a profit after tax (PAT) of Rs. 2.74 billion for the… Read More
Debt-Ridden PIA Likely to Suffer Rs. 112 Billion Loss in 2023
Debt-ridden Pakistan International Airlines (PIA) is projected to lose Rs. 112 billion in 2023 after incurring Rs. 80 billion losses… Read More
Rupee Recovers Against US Dollar, Major Currencies
The Pakistani rupee recovered against the US Dollar during intraday trade today after opening trade at 285 in the interbank… Read More
PSX Reclaims 48,000 Level After Gaining Over 900 Points
The Pakistan Stock Exchange (PSX) crossed the 48,000 mark again on Wednesday as bulls took control of the market with… Read More
Mari Petroleum Posts Highest-Ever Profit of Rs. 56.1 Billion in FY23
Mari Petroleum Company Limited (PSX: MARI) has announced excellent financial results for the fiscal year 2022-23 (FY23) with a net… Read More
Banking Industry Misses Target of Agri-Credit in FY23 Despite Launch of PM’s Kissan Package
The banking industry has missed the agriculture credit target for the third consecutive year in the financial year 2022-33 despite… Read More
Refineries’ Margins Drop to Lowest Level in 2 Years Due to Poor Demand
There is a widening disconnect between forecasts for domestic oil demand growth this year, with Pakistan seeing poor margins for… Read More
Govt Raises Highest Ever Capital of Rs. 371 Billion Against Ijarah Sukuk in a Single Month
The government raised a total of Rs. 371 billion (over $1.29 billion) through GOP Ijarah Sukuk against Islamabad Expressway. This… Read More
Rupee Loses Further Ground Against US Dollar 2nd Day in a Row
The Pakistani rupee slid against the US Dollar during intraday trade today after opening trade at 286 in the interbank… Read More
Summits and Sovereign Funds: Can Pakistan Regain Control of its Minerals?
From Balochistan’s gold-rich rocks to the Thar desert’s coal, minerals critical for energy technologies are increasing in demand from Pakistan’s… Read More
