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August 17, 2021

ABL Posts Modest Profit Growth in H1 2021

Allied Bank Limited made a modest profit growth of 4 percent in the first half of 2021, which stood at Rs. 8.76 billion as compared to last half year’s profit of Rs. 8.41 billion. This is the highest ever profit

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Pakistan’s Dollar Denominated Bonds Are Under Selling Pressure

Pakistan’s dollar-denominated bonds came under selling pressure because of the political disorder unfolding in neighboring Afghanistan, reported Dawn News. A Bloomberg Barclays index showed that Pakistan’s bonds were the worst performers among the emerging-market peers. The prices of five-year maturity

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