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

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TRGI’s SPV buys $34mn worth of TRG Pakistan shares

February 11, 2022 (MLN): SPV, a separate wholly-owned subsidiary of TRGI which was created to capitalize certain proceeds from the sale of e-telequote, has already utilized $34mn to buy 48.9 million shares of TRG Pakistan,

Fire incident to not hurt profitability of Service

February 11, 2022 (MLN): The incidence of fire that broke out at the factory premises of the Service Industries Limited at Muridke and godowns located at Multan Road Lahore on February 9, 2022, and February

PSO posts 3.5x higher net profits in 1HFY22

February 11, 2022 (MLN): Pakistan State Oil (PSO) managed to post a healthy financial statement for the six months ended on December 31, 2021 as per which the bottom line expanded by 3.5x to clock

Has the stock market gone into a coma?

February 11, 2022 (MLN): Pakistan’s capital markets are behaving erratically. Despite record earnings, the KSE100 index has stalled, showing no signs of exuberance. Year-to-date, as of February 11, 2022, the benchmark KSE100 index has gained

No privatization arrangement is in offing: SNGPL clarifies

February 11, 2022 (MLN): Sui Northern Gas Pipelines Limited (SNGPL) has negated news circulated on media on Wednesday, February 09, 2022, regarding the privatization of the transmission function of SNGPL, the company's filing on PSX

EFERT to continue maximum payout to shareholders

February 11, 2022 (MLN): Engro Fertilizers Limited (PSX: EFERT), a wholly-owned subsidiary of Engro Corporation Limited will continue to payout maximum to the shareholders and any CAPEX required for urea plant debottlenecking could easily be

PSX Closing Bell: Serenity now!

February 10, 2022 (MLN): The capital market on Thursday endured bearish sentiments throughout the session owing to the lack of fresh triggers which pushed the trading floor towards selling pressure. As a result, the benchmark KSE-100 index

DSL resolves to increase paid-up share capital by Rs1.29bn

February 10, 2022 (MLN): Dost Steels Limited (DSL) has resolved to increase the paid-up share capital of the company from Rs3,157,338,600 to Rs4,446,955,770 by the issuance of additional 128,961,717 ordinary shares of the face value

PTC: Bottom line shrinks by 21.3% YoY in CY21

February 10, 2022 (MLN): Pakistan Telecommunication Company Limited (PTC) has unveiled its financial results for the year ended December 31, 2021 as per which the profitability of the company drops to Rs2.57 billion, down by

EFERT: Profitability moves up by 16.3% YoY in CY21

February 10, 2022 (MLN): Engro Fertilizers Limited (PSX: EFERT) has settled the year 2021 in the green zone wherein the fertilizer giant witnessed an increase in its profitability by 16.32% YoY to clock in at

TRGI’s SPV buys $34mn worth of TRG Pakistan shares

February 11, 2022 (MLN): SPV, a separate wholly-owned subsidiary of TRGI which was created to capitalize certain proceeds from the sale of e-telequote, has already utilized $34mn to buy 48.9 million shares of TRG Pakistan,

Fire incident to not hurt profitability of Service

February 11, 2022 (MLN): The incidence of fire that broke out at the factory premises of the Service Industries Limited at Muridke and godowns located at Multan Road Lahore on February 9, 2022, and February

PSO posts 3.5x higher net profits in 1HFY22

February 11, 2022 (MLN): Pakistan State Oil (PSO) managed to post a healthy financial statement for the six months ended on December 31, 2021 as per which the bottom line expanded by 3.5x to clock

Has the stock market gone into a coma?

February 11, 2022 (MLN): Pakistan’s capital markets are behaving erratically. Despite record earnings, the KSE100 index has stalled, showing no signs of exuberance. Year-to-date, as of February 11, 2022, the benchmark KSE100 index has gained

No privatization arrangement is in offing: SNGPL clarifies

February 11, 2022 (MLN): Sui Northern Gas Pipelines Limited (SNGPL) has negated news circulated on media on Wednesday, February 09, 2022, regarding the privatization of the transmission function of SNGPL, the company's filing on PSX

EFERT to continue maximum payout to shareholders

February 11, 2022 (MLN): Engro Fertilizers Limited (PSX: EFERT), a wholly-owned subsidiary of Engro Corporation Limited will continue to payout maximum to the shareholders and any CAPEX required for urea plant debottlenecking could easily be

PSX Closing Bell: Serenity now!

February 10, 2022 (MLN): The capital market on Thursday endured bearish sentiments throughout the session owing to the lack of fresh triggers which pushed the trading floor towards selling pressure. As a result, the benchmark KSE-100 index

DSL resolves to increase paid-up share capital by Rs1.29bn

February 10, 2022 (MLN): Dost Steels Limited (DSL) has resolved to increase the paid-up share capital of the company from Rs3,157,338,600 to Rs4,446,955,770 by the issuance of additional 128,961,717 ordinary shares of the face value

PTC: Bottom line shrinks by 21.3% YoY in CY21

February 10, 2022 (MLN): Pakistan Telecommunication Company Limited (PTC) has unveiled its financial results for the year ended December 31, 2021 as per which the profitability of the company drops to Rs2.57 billion, down by

EFERT: Profitability moves up by 16.3% YoY in CY21

February 10, 2022 (MLN): Engro Fertilizers Limited (PSX: EFERT) has settled the year 2021 in the green zone wherein the fertilizer giant witnessed an increase in its profitability by 16.32% YoY to clock in at