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

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OCTOPUS secures 5-year IAAS contract

January 17, 2022 (MLN): Octopus Digital Limited (PSX: OCTOPUS) has secured a high-value five-year Infrastructure as a Service (IAAS) contract on Build, Train to Operate, Maintain & Improve (BTMI) basis, the company filing on PSX

Weekly Market Roundup

January 16, 2022 (MLN):  This week, the benchmark KSE100 index closed up by 417 points on a cumulative basis or 0.91% WoW to settle at 45,763 points. The market kicked off the week on a

PSX to launch Alfalah Consumer Index ETF on January 17

January 14, 2022 (MLN): Pakistan Stock Exchange on Friday informed that a new ETF namely; Alfalah Consumer Index Exchange Traded Fund (ACIETF) by Alfalah GHP Investment Management Limited shall be launched on January 17, 2022.

PSX Closing Bell: Absolute Zero

January 14, 2022 (MLN): After experiencing the range-bound session, the capital market closed flat on Friday amid a lack of positive triggers as the benchmark KSE-100 merely gained 0.25 points to settle at 45,763.45. The

Fertilizers to enjoy improved bottom line in CY21

January 14, 2022 (MLN): The year 2021 remained comparatively fair for the fertilizer sector. All the credit goes to government concerns which tilted towards providing the cushion to the said sector in order to improve

Alto to bring excitement in PSMC

January 14, 2022 (MLN): Amid higher than anticipated demand for Alto coupled with a declining trend in its price, Pak Suzuki Motor Company (PSMC), the largest auto manufacturer in Pakistan, is expected to continue its strong

PSX Closing Bell: The Wanderer

January 13, 2022 (MLN): Domestic equities remained under pressure throughout the day today as the country reported the highest ever Covid-19 infections in the last 4 months.  The market opened on a bleak note as

Banks: Back in the limelight

January 13, 2022 (MLN): Last year, Pakistan’s banking sector did not perform well despite stellar balance sheet growth, as foreigners sold around $167mn worth of shares in CY21 against $168mn in CY20 on account of

PIBTL: No time to lose

January 13, 2022 (MLN): The adverse impact of rising commodity prices has badly hit the cargo handling companies across the globe and now making its way to plague the local companies. Pakistan International Bulk Terminal

NICL reappoints Zafar Mahmood as CEO

January 13, 2022 (MLN): The board of directors (BoD) of Nimir Industrial Chemicals Limited (PSX: NICL) has re-appointed Mr Zafar Mahmood as Chief Executive Officer (CEO) of the company, the company filing on PSX showed

CNERGY approves 57.37% stake acquisition in Puma Energy

January 13, 2022 (MLN): The Board of Directors of Cnergyico Pk Limited (PSX: CNERGY) (formerly Byco Petroleum Pakistan Limited) has approved the acquisition of a 57.37% stake in Puma Energy Pakistan Private Limited (Puma), the

OCTOPUS secures 5-year IAAS contract

January 17, 2022 (MLN): Octopus Digital Limited (PSX: OCTOPUS) has secured a high-value five-year Infrastructure as a Service (IAAS) contract on Build, Train to Operate, Maintain & Improve (BTMI) basis, the company filing on PSX

Weekly Market Roundup

January 16, 2022 (MLN):  This week, the benchmark KSE100 index closed up by 417 points on a cumulative basis or 0.91% WoW to settle at 45,763 points. The market kicked off the week on a

PSX to launch Alfalah Consumer Index ETF on January 17

January 14, 2022 (MLN): Pakistan Stock Exchange on Friday informed that a new ETF namely; Alfalah Consumer Index Exchange Traded Fund (ACIETF) by Alfalah GHP Investment Management Limited shall be launched on January 17, 2022.

PSX Closing Bell: Absolute Zero

January 14, 2022 (MLN): After experiencing the range-bound session, the capital market closed flat on Friday amid a lack of positive triggers as the benchmark KSE-100 merely gained 0.25 points to settle at 45,763.45. The

Fertilizers to enjoy improved bottom line in CY21

January 14, 2022 (MLN): The year 2021 remained comparatively fair for the fertilizer sector. All the credit goes to government concerns which tilted towards providing the cushion to the said sector in order to improve

Alto to bring excitement in PSMC

January 14, 2022 (MLN): Amid higher than anticipated demand for Alto coupled with a declining trend in its price, Pak Suzuki Motor Company (PSMC), the largest auto manufacturer in Pakistan, is expected to continue its strong

PSX Closing Bell: The Wanderer

January 13, 2022 (MLN): Domestic equities remained under pressure throughout the day today as the country reported the highest ever Covid-19 infections in the last 4 months.  The market opened on a bleak note as

Banks: Back in the limelight

January 13, 2022 (MLN): Last year, Pakistan’s banking sector did not perform well despite stellar balance sheet growth, as foreigners sold around $167mn worth of shares in CY21 against $168mn in CY20 on account of

PIBTL: No time to lose

January 13, 2022 (MLN): The adverse impact of rising commodity prices has badly hit the cargo handling companies across the globe and now making its way to plague the local companies. Pakistan International Bulk Terminal

NICL reappoints Zafar Mahmood as CEO

January 13, 2022 (MLN): The board of directors (BoD) of Nimir Industrial Chemicals Limited (PSX: NICL) has re-appointed Mr Zafar Mahmood as Chief Executive Officer (CEO) of the company, the company filing on PSX showed

CNERGY approves 57.37% stake acquisition in Puma Energy

January 13, 2022 (MLN): The Board of Directors of Cnergyico Pk Limited (PSX: CNERGY) (formerly Byco Petroleum Pakistan Limited) has approved the acquisition of a 57.37% stake in Puma Energy Pakistan Private Limited (Puma), the