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

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PSX Closing Bell: The Turn Of A Friendly Card

January 10, 2022 (MLN): Domestic equities extended gains today as they closed up by 542 points or 1.2% DoD to settle at 45,887 level. Market opened on a negative note on the back of news

Attock Cement receives $2mn dividend from Saqr Al Keetan

January 10, 2022 (MLN): Attock Cement Pakistan Limited (PSX: ACPL) has received $2 million as dividend from accumulated profits of its 60% owned subsidiary i.e. Saqr Al Keetan for Cement Production Company Limited (SAKCPCL). The

Panther tyres to purchase machinery from Dalian Rubber

January 10, 2022 (MLN): The shareholders of Panther Tyres Limited (PSX: PTL) have approved to acquire the Banbury Tangential Mixer along with parts and accessories from Dalian Rubber & Plastics Machinery Co. LTD. (Dalian / DXS), China

National Foods establishes subsidiary in USA

January 10, 2022 (MLN): National Foods Limited (NATF)'s wholly-owned subsidiary, National Foods DMCC based in Dubai has established a subsidiary namely National Epicure USA Inc., in the USA, the company informed through a notice to

Imperial Ltd to sell major assets of company

January 10, 2022 (MLN): The board of directors of Imperial Limited, in a meeting held on January 7, 2022, has discussed to approve the sale of freehold land, buildings on freehold land, plant and machinery,

Weekly Market Roundup

January 9, 2022 (MLN): This week, KSE-100 index closed up by 1.68% or 749 points WoW to settle at 45,345 level. The market kicked-off new year with renewed optimism, led by easing in the trade

PSX Closing Bell: The Tide Is Turning

January 07, 2022 (MLN): The capital market turned positive on Friday on the news of IMF’s Executive Board meeting which is finally going to be held on January 12, 2022. However, the index declined to

NPL, SPWL get first installment from power purchaser

January 7, 2022 (MLN): Nishat Power Limited (NPL) and Saif Power Limited (SPWL) have received Rs5.701 billion and Rs3.802bn from the power purchaser in the form of one-third cash, one-third government Ijara Sukuk, and one-third

Adamjee Life Assurance sets to raise Rs700mn in 1QCY22

January 7, 2022 (MLN): Adamjee Life Assurance Company Ltd (ALACL), a wholly-owned subsidiary company of Adamjee Insurance Company Ltd (AICL), has announced its listing plans at PSX to raise Rs700 million through an offer for

PACRA maintains entity ratings of CPHGC

January 7, 2022: The Pakistan Credit Rating Agency Limited (PACRA) has maintained ratings of China Power Hub Generation Company Private Limited (CPHGC) at ‘AA+’ for the long term and ‘A1+’ for the short term with

PSX Closing Bell: The Turn Of A Friendly Card

January 10, 2022 (MLN): Domestic equities extended gains today as they closed up by 542 points or 1.2% DoD to settle at 45,887 level. Market opened on a negative note on the back of news

Attock Cement receives $2mn dividend from Saqr Al Keetan

January 10, 2022 (MLN): Attock Cement Pakistan Limited (PSX: ACPL) has received $2 million as dividend from accumulated profits of its 60% owned subsidiary i.e. Saqr Al Keetan for Cement Production Company Limited (SAKCPCL). The

Panther tyres to purchase machinery from Dalian Rubber

January 10, 2022 (MLN): The shareholders of Panther Tyres Limited (PSX: PTL) have approved to acquire the Banbury Tangential Mixer along with parts and accessories from Dalian Rubber & Plastics Machinery Co. LTD. (Dalian / DXS), China

National Foods establishes subsidiary in USA

January 10, 2022 (MLN): National Foods Limited (NATF)'s wholly-owned subsidiary, National Foods DMCC based in Dubai has established a subsidiary namely National Epicure USA Inc., in the USA, the company informed through a notice to

Imperial Ltd to sell major assets of company

January 10, 2022 (MLN): The board of directors of Imperial Limited, in a meeting held on January 7, 2022, has discussed to approve the sale of freehold land, buildings on freehold land, plant and machinery,

Weekly Market Roundup

January 9, 2022 (MLN): This week, KSE-100 index closed up by 1.68% or 749 points WoW to settle at 45,345 level. The market kicked-off new year with renewed optimism, led by easing in the trade

PSX Closing Bell: The Tide Is Turning

January 07, 2022 (MLN): The capital market turned positive on Friday on the news of IMF’s Executive Board meeting which is finally going to be held on January 12, 2022. However, the index declined to

NPL, SPWL get first installment from power purchaser

January 7, 2022 (MLN): Nishat Power Limited (NPL) and Saif Power Limited (SPWL) have received Rs5.701 billion and Rs3.802bn from the power purchaser in the form of one-third cash, one-third government Ijara Sukuk, and one-third

Adamjee Life Assurance sets to raise Rs700mn in 1QCY22

January 7, 2022 (MLN): Adamjee Life Assurance Company Ltd (ALACL), a wholly-owned subsidiary company of Adamjee Insurance Company Ltd (AICL), has announced its listing plans at PSX to raise Rs700 million through an offer for

PACRA maintains entity ratings of CPHGC

January 7, 2022: The Pakistan Credit Rating Agency Limited (PACRA) has maintained ratings of China Power Hub Generation Company Private Limited (CPHGC) at ‘AA+’ for the long term and ‘A1+’ for the short term with