Karachi: MARI Energies Limited (MARI) held its Analyst Briefing today to discuss its financial performance and outlook. To recall, the company reported standalone earnings of Rs46.3bn for 9MFY25, down 10% YoY, translating into an EPS of Rs38.56. The decline was primarily driven by lower volumes and higher royalty and additional
Lahore: The Pakistan Stock Exchange (PSX) today hosted a prestigious gong ceremony in Lahore to commemorate the official listing of Pakistan Credit Rating Agency Limited (PACRA) on its Growth Enterprise Market (GEM) Board. This landmark event signifies a new chapter for PACRA, reinforcing its commitment to transparency, accountability, and growth
Karachi: The KSE-100 index demonstrated a notable upward trajectory, closing at 124,379 with an increase of 2,333 points day-on-day. The trading volume reached 773 million shares, slightly up from the previous 759 million shares. Market analysts are observing the index as it approaches a critical resistance level at Friday’s high
Karachi: The KSE-100 index opened on a positive note and maintained a bullish stance throughout the trading session. The index reached an intraday high of 3,239 points before closing with a gain of 2,333 points at 124,379. Despite the positive trend, trading activity experienced a slowdown, with volumes declining by
New delhi: Escalating tensions during the recent major conflict that brought India and Pakistan to the brink of war have highlighted the crucial role of the South Asian Association for Regional Cooperation (SAARC) in maintaining peace and stability in the region. The recent escalation between these two nuclear-armed neighbors, involving
Karachi: The Pakistan Business Council (PBC) board is pleased to announce the appointment of Mr. Javed Kureishi as its new Chief Executive Officer. Mr. Kureishi is a seasoned Citibanker with 34 years of leadership experience across Pakistan, Egypt, South Africa, the Czech Republic, the UAE, and Singapore. He has held
Karachi: Ambassador of the Socialist Republic of Vietnam, Mr. Pham Anh Tuan, has expressed Vietnam’s keen interest in strengthening trade and economic relations with Pakistan, as bilateral trade between the two countries approaches the US$1 billion mark. Speaking during his first official visit to the Karachi Chamber of Commerce and
Karachi: The latest figures released show slight changes in the foreign currency exchange rates in Pakistan. The rupee’s value against several major currencies exhibited minor fluctuations, reflecting the ongoing adjustments in the foreign exchange market. According to Exchange Companies Association of Pakistan, the US Dollar was valued at 284.83 for