In its ‘strategy report’, AHL says KSE-100 to hit 120,000 by December 2025 Brokerage house Arif Habib Limited (AHL) expects the KSE-100 Index – largely seen as a benchmark for stock market... Published 16 Nov, 2024 11:13am
Business & Finance UBL submits merger offer to Silkbank KARACHI: The United Bank Limited (UBL) has formally submitted an offer to Silkbank Limited for the amalgamation of... Published 02 Nov, 2024 06:15am
Markets Pakistan’s cotton import bill set to hit $1.9bn as local production plummets In a concerning development for Pakistan, the country’s cotton import bill is projected to reach $1.9 billion in the... Updated 19 Oct, 2024 09:47pm
Pakistan Electric vehicles will account for up to half of auto sales by 2030, BYD Pakistan says BYD has plans to open an assembly plant in early 2026, but will introduce vehicles for sale later this year, after launching three models in August Updated 06 Sep, 2024 09:17pm
Markets Sale of petroleum products plunges 14% in August amid smuggling from Iran Sale of total petroleum products in Pakistan clocked in at 1.22 million tons in August, a decrease of 14%... Updated 03 Sep, 2024 09:43pm
Business & Finance Analysts explain significance of ratings upgrade KARACHI: Following Fitch’s upgrade last month, Moody’s has followed suit by elevating Pakistan’s credit rating from... Updated 29 Aug, 2024 10:23am
Markets Pakistan’s pharma company BF Biosciences looks to raise at least Rs1.38bn through IPO Pakistan’s pharmaceutical company BF Biosciences Limited (BFBL) is planning an initial public offering (IPO) at the... Updated 07 Aug, 2024 09:09pm
Business & Finance July petroleum sales dip 11pc to 1.2m tons yoy KARACHI: The total sales of petroleum products in the country have declined by 11 percent on year-on-year basis to... Updated 03 Aug, 2024 08:58am
Business & Finance Wafi acquiring stake: AHL gives public offer notice to Shell KARACHI: Arif Habib Limited (Manager to the Offer) on behalf of its client Wafi Energy Holding Limited (Acquirer)... Published 26 Jul, 2024 05:49am
Markets Arif Habib Limited now expects KSE-100 to hit 109,000 by June 2025 Propelled by optimism over inking a “new longer and larger” programme with the International Monetary Fund (IMF) and... Updated 04 Jul, 2024 08:53pm
Business & Finance AHL joins SLIC as key distribution partner for insurance solutions KARACHI: State Life Insurance Corporation of Pakistan (SLIC) and Arif Habib Limited (AHL) have teamed up in a... Published 04 Jul, 2024 05:47am
Markets KSE-100’s record run: PSX world’s best-performing market in FY24, outlook stays positive The Pakistan Stock Exchange (PSX) emerged as the best performing equity market in the world during fiscal year... Updated 29 Jun, 2024 02:35pm
Markets First cut in 4 years: SBP reduces key policy rate by 150 basis points, takes it to 20.5% Says significant decline in inflation since February broadly in line with expectations, but May outturn was better than anticipated Updated 10 Jun, 2024 11:01pm
Markets Reversal in stance: SBP might opt for rate cut in upcoming MPC meeting, brokerage house says The State Bank of Pakistan (SBP), scheduled to announce the key policy rate on June 10 (Monday), might opt for... Updated 31 May, 2024 11:40pm
Business & Finance Majority stake in PIA: not yet bidders, clarifies Arif Habib Corp in PSX notice Arif Habib Corporation Limited (AHCL), one of Pakistan’s leading business groups, clarified that submitting an... Updated 09 May, 2024 09:19pm
Business & Finance SBP expected to hold rates on Monday ahead of IMF deal, Reuters poll finds KARACHI: A Reuters poll found that the State Bank of Pakistan (SBP) is expected to hold its key interest rate at a... Updated 26 Apr, 2024 09:49pm
Markets PSX to delist voluntary Pak Suzuki Motor tomorrow KARACHI: Pakistan Stock Exchange (PSX) has accepted the request for voluntary delisting of Pak Suzuki Motor Company... Published 25 Apr, 2024 03:05am
Markets Pakistan’s power generation falls over 8% year-on-year Power generation in Pakistan clocked in at 8,023 GWh (10,784 MW) in March 2024, down 8.2% as compared to the same... Published 18 Apr, 2024 03:23pm
Business & Finance BAFL’s intention to buy 84.51pc Samba stake: AHL appointed manager KARACHI: Arif Habib Limited (AHL) has been appointed as manager to the offer by Bank Alfalah Limited; (acquirer)... Published 10 Apr, 2024 02:16am
Business & Finance LHC’s decision to help boost Pakistan’s pharma sector: brokerage house The Lahore High Court’s (LHC) decision to nullify the stayorder against the deregulation of Maximum Retail Prices... Updated 04 Apr, 2024 07:40pm
Pakistan Logistics’ platform for third-party vehicles: SLG plans to raise Rs1.19bn in equity capital KARACHI: Backed by strategic investors such as Saudi Bugshan and Karandaaz, the Secure Logistics Group (SLG) has... Published 26 Mar, 2024 04:20am
Markets Secure Logistics Group eyes raising at least Rs600mn through IPO Pakistan’s Secure Logistics Group Ltd (SLG) is planning an initial public offering (IPO) at the Pakistan Stock... Published 23 Mar, 2024 11:40pm
Business & Finance Wilmar unit to make further investment in Unity Foods KARACHI: Wilmar Pakistan Holdings Pte. Ltd. (“WPH”, a wholly owned direct subsidiary of Wilmar International... Published 20 Mar, 2024 03:00am
Markets Brokerage house sees ‘strong possibility’ of policy rate cut of 100bps in upcoming MPC A brokerage house sees “strong possibility” that the State Bank of Pakistan (SBP) may cut the key policy rate by 100... Updated 12 Mar, 2024 10:38pm
Print Feb oil sales decline 8pc YoY KARACHI: Total sales of petroleum products in the country declined by 8.0 percent on a year-on-year basis to 5-month... Updated 03 Mar, 2024 09:25am
Pakistan Inflation to decline in February, could clock in at 23.5%: brokerage house Consumer Price Index (CPI)-based inflation in Pakistan is expected to decline and could clock in at 23.5% on a... Updated 27 Feb, 2024 10:40pm
Business & Finance Arif Habib Corporation’s board authoritizes subsidiary deal The Board of Directors (BoD) of Arif Habib Corporation Limited (AHCL), a Pakistani business conglomerate, has... Published 17 Nov, 2023 04:53pm
Supplements AHL maintains its dominance at the CFA Society Annual Awards TEXT: Arif Habib Limited (AHL), Pakistan's leading Brokerage and Investment Banking Firm, has been recognized in 6... Published 27 Oct, 2023 05:16am
Business & Finance AHL maintains its dominance at CFA Society Annual Awards KARACHI: Arif Habib Limited (AHL), Pakistan’s leading brokerage and investment banking firm, has been recognised ... Published 12 Oct, 2023 05:57am
Markets Open-market: rupee strengthens against US dollar Closes at 291 and 288 on Tuesday Updated 26 Sep, 2023 09:45pm