Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

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PSX Closing Bell: A Journey in the Dark

PSX Closing Bell: A Journey in the Dark

June 21, 2022 (MLN): Taking cues from the government on resumption hopes of the International Monetary Fund (IMF) program in a day or two, bulls tightened their grip on Pakistan Stock Exchange as KSE-100 Index

DGKC establishes LC for 6.952MW solar power plant

DGKC establishes LC for 6.952MW solar power plant

June 21, 2022 (MLN): D.G. Khan Cement Company Limited (DGKC) has signed an agreement and established a Letter Of Credit (LC) for the supply and installation of the on-grid solar power plant of 6.952MW at

PSX Closing Bell: Subverting Expectations

PSX Closing Bell: Subverting Expectations

June 20, 2022 (MLN): Domestic equities turned negative today as investors remained cautious over constant PKR depreciation and clarity over IMF program. The market opened on a positive note as FATF has indicated that after

PIBTL completes repayment of outstanding loan worth Rs5.49bn

PIBTL completes repayment of outstanding loan worth Rs5.49bn

June 20, 2022 (MLN): Pakistan International Bulk Terminal Limited (PIBTL) has successfully completed the transaction for repayment of outstanding loans from local banks worth Rs5.49 billion and refinancing the same at economical terms, the company

MODAM to acquire 30% shares of HACC to revive company

MODAM to acquire 30% shares of HACC to revive company

June 20, 2022 (MLN): Modaraba Al Mali (PSX Ticker: MODAM) has entered into an arrangement with Hashimi Can Company Limited (PSX: HACC) to acquire 489,900 (29.99% equity capital) shares of HACC. By acquiring stake, MODAM

NBP wins terror financing case in New York court

NBP issues Foreign Exchange Rate

June 20, 2022: Treasury Management Division of the National Bank of Pakistan (NBP) on Friday issued the following exchange rates. Ready Transaction Rates Currency Symbol TT Selling TT Buying US DOLLAR USD 209.20 208.70 EURO

Weekly Market Roundup

Weekly Market Roundup

June 19, 2022 (MLN): This week, KSE-100 index gained 126 points or up by 0.3% WoW to settle at 42,141 points level. However, in terms of USD, the index declined by 2.77% as the dismal

PSX Closing Bell: Walking on Sunshine

PSX Closing Bell: Walking on Sunshine

June 17, 2022 (MLN): The capital market on Friday remained bullish throughout the day as investors cheered news flow wherein the government official hinted at the strong chances for Pakistan to be removed from FATF’s

PSX intends to acquire 1.9mn shares in CDC from IGI

PSX intends to acquire 1.9mn shares in CDC from IGI

June 17, 2022 (MLN): Pakistan Stock Exchange Limited (PSX) intends to acquire 1,949,995 ordinary shares of Rs10/- each in the Central Depository Company of Pakistan Limited (CDC), from IGI Investments (Private) Limited (IGI), a shareholder

MARI’s profitability to soar by over 40% in FY23

MARI’s profitability to soar by over 40% in FY23

June 17, 2022 (MLN): Despite the bleak performance of the E&P sector owing to subdued discoveries, less prospect for growth opportunities, and rising circular debt, the bottom line of Mari Petroleum Company Limited (PSX: MARI)

PSX Closing Bell: A Journey in the Dark

PSX Closing Bell: A Journey in the Dark

June 21, 2022 (MLN): Taking cues from the government on resumption hopes of the International Monetary Fund (IMF) program in a day or two, bulls tightened their grip on Pakistan Stock Exchange as KSE-100 Index

DGKC establishes LC for 6.952MW solar power plant

DGKC establishes LC for 6.952MW solar power plant

June 21, 2022 (MLN): D.G. Khan Cement Company Limited (DGKC) has signed an agreement and established a Letter Of Credit (LC) for the supply and installation of the on-grid solar power plant of 6.952MW at

PSX Closing Bell: Subverting Expectations

PSX Closing Bell: Subverting Expectations

June 20, 2022 (MLN): Domestic equities turned negative today as investors remained cautious over constant PKR depreciation and clarity over IMF program. The market opened on a positive note as FATF has indicated that after

PIBTL completes repayment of outstanding loan worth Rs5.49bn

PIBTL completes repayment of outstanding loan worth Rs5.49bn

June 20, 2022 (MLN): Pakistan International Bulk Terminal Limited (PIBTL) has successfully completed the transaction for repayment of outstanding loans from local banks worth Rs5.49 billion and refinancing the same at economical terms, the company

MODAM to acquire 30% shares of HACC to revive company

MODAM to acquire 30% shares of HACC to revive company

June 20, 2022 (MLN): Modaraba Al Mali (PSX Ticker: MODAM) has entered into an arrangement with Hashimi Can Company Limited (PSX: HACC) to acquire 489,900 (29.99% equity capital) shares of HACC. By acquiring stake, MODAM

NBP wins terror financing case in New York court

NBP issues Foreign Exchange Rate

June 20, 2022: Treasury Management Division of the National Bank of Pakistan (NBP) on Friday issued the following exchange rates. Ready Transaction Rates Currency Symbol TT Selling TT Buying US DOLLAR USD 209.20 208.70 EURO

Weekly Market Roundup

Weekly Market Roundup

June 19, 2022 (MLN): This week, KSE-100 index gained 126 points or up by 0.3% WoW to settle at 42,141 points level. However, in terms of USD, the index declined by 2.77% as the dismal

PSX Closing Bell: Walking on Sunshine

PSX Closing Bell: Walking on Sunshine

June 17, 2022 (MLN): The capital market on Friday remained bullish throughout the day as investors cheered news flow wherein the government official hinted at the strong chances for Pakistan to be removed from FATF’s

PSX intends to acquire 1.9mn shares in CDC from IGI

PSX intends to acquire 1.9mn shares in CDC from IGI

June 17, 2022 (MLN): Pakistan Stock Exchange Limited (PSX) intends to acquire 1,949,995 ordinary shares of Rs10/- each in the Central Depository Company of Pakistan Limited (CDC), from IGI Investments (Private) Limited (IGI), a shareholder

MARI’s profitability to soar by over 40% in FY23

MARI’s profitability to soar by over 40% in FY23

June 17, 2022 (MLN): Despite the bleak performance of the E&P sector owing to subdued discoveries, less prospect for growth opportunities, and rising circular debt, the bottom line of Mari Petroleum Company Limited (PSX: MARI)