PSX

All time high interest rates in Pakistan at 21% (now 19.5%) have immensely improved banking income. As money has become expensive it has lowered demand for loans by businesses and people which has allowed banks to invest in lucrative government bonds. Meezan Bank (PSX:MEBL) normally gave out Rs 2 dividend or 10% bonus shares or […]

Lucky Cement (PSX:LUCK) announced a very good result thanks mostly to the stable USD/PKR rate for the past ten months and global oil prices. Richard Bay Coal prices has also come down to settle just above 100 USD price and that has been stable. Gross profit has increased by nearly 35% after a very quiet […]