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

MPS Preview: High for Longer

PSX Closing Bell: Acrobat

February 28, 2022 (MLN): The capital market witnessed a volatile trading session as investors swayed both sides in search of direction. However, in the later hours buying activity was observed which led the benchmark KSE-100 index

PIBTL’s bottom line turns red

February 28, 2022 (MLN): Pakistan International Bulk Terminal (PIBTL), the country’s first terminal for handling Coal, Clinker and Cement, has incurred a net loss of Rs2.63 million (LPS: Rs0.001) in its financial results for the

SEARL’s EPS slightly declines to Rs4.54

February 28, 2022 (MLN): The Searl Company Limited (SEARL) has posted a 4% YoY decline in net profits to Rs1.45 billion (EPS: Rs4.54) compared to the profits of Rs1.52 billion (EPS: Rs4.78) earned in the

Engro Corporation sets up a trading subsidiary in UAE

February 28, 2022: Engro Corporation, Pakistan’s premier business conglomerate, has commenced office operations of its wholly-owned subsidiary, Engro Eximp FZE, in the Jebel Ali Free Zone, Emirate of Dubai. Engro Eximp FZE will explore potential

Ghani Glass’s profits jump 53% in 1HFY22

February 28, 2022 (MLN): Ghani Glass Limited (PSX: GHGL), a bigger Ghani Group of Companies, has recorded a net profit of Rs2.8 billion (EPS: Rs3.34) during 1HFY22, showing an upsurge of 53% YoY in contrast

TPLP approves sale of three SPVs to TPL REIT FUND-I

February 28, 2022 (MLN): The board of directors of TPL Properties Limited (TPLP) has approved the sale of three Special Purpose Vehicles (SPVs) i.e., HKC Private Limited, TPL Technology Zone Phase – I (Private) Limited

FCCL increases authorize share capital to Rs25bn

February 28, 2022 (MLN): The board members of Fauji Cement Company Limited (PSX: FCCL), in their Extraordinary General Meeting (EOGM) have resolved to increased to Rs25 billion by the creation of Rs1bn ordinary shared of Rs10

Weekly Market Roundup

February 27, 2022 (MLN): A turbulent week at PSX ended with a loss of 1,692 points or 3.7%, WoW to settle at 43,984 level as tensions between Russia and Ukraine weighed heavily on investors’ sentiment

PSX Closing Bell: Target Practice

February 25, 2022 (MLN): Following global markets, the domestic equities opened on a positive note on the last trading session of the week. The benchmark KSE-100 Index traded in the green for the most part

PPL declares 19% higher profits, payouts of Rs1.5/sh

February 25, 2022 (MLN): Pakistan Petroleum Limited (PPL), has disclosed its financial performance for 1HFY22 today where the company reported a profit after tax of Rs31bn (EPS: Rs11.44) which was 19% YoY higher than the

PSX Closing Bell: Acrobat

February 28, 2022 (MLN): The capital market witnessed a volatile trading session as investors swayed both sides in search of direction. However, in the later hours buying activity was observed which led the benchmark KSE-100 index

PIBTL’s bottom line turns red

February 28, 2022 (MLN): Pakistan International Bulk Terminal (PIBTL), the country’s first terminal for handling Coal, Clinker and Cement, has incurred a net loss of Rs2.63 million (LPS: Rs0.001) in its financial results for the

SEARL’s EPS slightly declines to Rs4.54

February 28, 2022 (MLN): The Searl Company Limited (SEARL) has posted a 4% YoY decline in net profits to Rs1.45 billion (EPS: Rs4.54) compared to the profits of Rs1.52 billion (EPS: Rs4.78) earned in the

Engro Corporation sets up a trading subsidiary in UAE

February 28, 2022: Engro Corporation, Pakistan’s premier business conglomerate, has commenced office operations of its wholly-owned subsidiary, Engro Eximp FZE, in the Jebel Ali Free Zone, Emirate of Dubai. Engro Eximp FZE will explore potential

Ghani Glass’s profits jump 53% in 1HFY22

February 28, 2022 (MLN): Ghani Glass Limited (PSX: GHGL), a bigger Ghani Group of Companies, has recorded a net profit of Rs2.8 billion (EPS: Rs3.34) during 1HFY22, showing an upsurge of 53% YoY in contrast

TPLP approves sale of three SPVs to TPL REIT FUND-I

February 28, 2022 (MLN): The board of directors of TPL Properties Limited (TPLP) has approved the sale of three Special Purpose Vehicles (SPVs) i.e., HKC Private Limited, TPL Technology Zone Phase – I (Private) Limited

FCCL increases authorize share capital to Rs25bn

February 28, 2022 (MLN): The board members of Fauji Cement Company Limited (PSX: FCCL), in their Extraordinary General Meeting (EOGM) have resolved to increased to Rs25 billion by the creation of Rs1bn ordinary shared of Rs10

Weekly Market Roundup

February 27, 2022 (MLN): A turbulent week at PSX ended with a loss of 1,692 points or 3.7%, WoW to settle at 43,984 level as tensions between Russia and Ukraine weighed heavily on investors’ sentiment

PSX Closing Bell: Target Practice

February 25, 2022 (MLN): Following global markets, the domestic equities opened on a positive note on the last trading session of the week. The benchmark KSE-100 Index traded in the green for the most part

PPL declares 19% higher profits, payouts of Rs1.5/sh

February 25, 2022 (MLN): Pakistan Petroleum Limited (PPL), has disclosed its financial performance for 1HFY22 today where the company reported a profit after tax of Rs31bn (EPS: Rs11.44) which was 19% YoY higher than the