About the Karachi Stock Market Blog Daily updates on the Karachi Stock Market, with news, company dividends and KSE-100 index movements.The rollercoaster of a day trader's dream /nightmare riding the KSE-100 index. More than 860 posts and counting ...
Suttabhai is travelling and posting might be sporadic for the next few days.
News : Fitch Ratings-Singapore, has downgraded Pakistan-based United Bank (UBL) individual rating to ‘D/E’ from ‘D’, and affirmed its support rating at ‘5′. Concurrently, the agency has also affirmed the ratings of the following three Pakistani banks. HABIB BANK LIMITED (HBL):Individual rating affirmed at ‘D/E’, Support affirmed at ‘5′; MCB Bank Limited (MCB): Individual rating affirmed at ‘D’, Support affirmed at ‘5′; and National Bank of Pakistan (NBP): Individual rating affirmed at ‘D’, Support affirmed at ‘5′….Aaj News