Karachi, August 19, 2019: The Board of Directors of Bank Alfalah Limited in its meeting held on August 18, 2019, in Abu Dhabi, approved the Bank’s unaudited interim financial statements for the half year ended June 30, 2019. The Bank’s first half 2019 pre-tax profits grew by 14 percent from a year ago, helped by…
Karachi, July 27, 2019: The domestic equity bourse remained lackluster throughout the outgoing week. While PM Khan’s successful visit to the US could not generate a sustainable rally at the index, foreign policy appears to be in-check. Albeit, AHL research pin commencement of the result season as the key reason behind the aforementioned index performance,…
Karachi, June 3, 2019: Last trading session before Eid and Budget ended negative for the course. Although clarity on EMOF and SEF was given by ECC last week, investors’ seemed concerned over Budget, which is likely to adopt tough budgetary measures to bring fiscal discipline. Besides, rapidly falling international crude prices brought selling pressure in the…