MCB Bank Reports Rs28.10 Billion H1 Profit, Declares Rs9 Per Share Dividend
MCB Bank reported consolidated profit after taxation of Rs28.10 billion for the six months ended June 30, 2026, down 4.4% year on year, while total income increased 5.5% and the bank declared an interim cash dividend of Rs9 per share.
Moody’s Revises Pakistan Banking Sector Outlook to Stable Amid Gradual Economic Recovery
Moody’s has changed Pakistan’s banking system outlook from positive to stable, citing a slow and uneven recovery, high government securities exposure, and resilient capital buffers, while forecasting steady credit growth and improved macroeconomic conditions in 2026.
Selling Pressure Hits PSX: KSE-100 Dips Over 800 Points in Early Trade
After days of strong gains, the Pakistan Stock Exchange faced renewed selling pressure as the KSE-100 Index dropped over 800 points in early trade, impacted by key sector declines and global market trends.
KSE-100 Index Slides for Fourth Straight Session as Market Sentiment Weakens
The Pakistan Stock Exchange continues its losing streak as the KSE-100 index extends its decline for a fourth consecutive session, driven by institutional selling, foreign outflows, and investor unease despite positive economic indicators.
Early Gains at PSX Reflect Renewed Confidence Amid Global Volatility
The KSE-100 Index gained over 650 points in early trade on Monday, driven by sector-wide buying interest and optimism following the federal budget, despite global market volatility and regional tensions.