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

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PSX Closing Bell: Beyond The Invisible

December 30, 2021 (MLN): The stock market continued positive momentum during the fourth day of the business week as it added another 156 points (0.35%) during the trading session to close at 44,416.11 points on

ARPL’s shareholders approve cash dividend of Rs90/sh

December 30, 2021 (MLN): The shareholders of Archoma Pakistan Limited have approved a cash dividend at the rate of 900% (Rs90 per share) of Rs3,071 million on the paid-up capital as recommended by the directors,

UBDL enters into Candyland’s distribution line

December 30, 2021 (MLN): United Brands Limited (PSX: UBDL) has entered into the distribution of a portfolio of Candyland brand owned by Ismail Industries Limited, company’s filing on PSX showed on Thursday. As per the

PSX proposes amendments in GEM board regulations

December 30, 2021 (MLN): Pakistan Stock Exchange has proposed amendments to regulations pertaining to the definition of accredited individual investor and its eligibility to trade in Growth Enterprise Market (GEM) companies, a notice issued by

PSX Closing Bell: One Big Rush

December 29, 2021 (MLN): The stock market continued positive momentum today as it added another 216 points (0.49%) during the trading session to close at 44,260.11 points. Profit-taking was witnessed in the first trading hour,

Ghani Automobile Industries delisted from PSX

December 29, 2021 (MLN): Pakistan Stock Exchange has delisted Ghani Automobile Industries, as a result of merger with Ghani Value Glass Limited (GVGL), notice issued by bourse showed today. The delisting will stand effective from

BOP intends to acquire stake in NRSP Microfinance Bank

December 29, 2021 (MLN): The board of directors of the Bank of Punjab (BOP) has taken an in-principle decision to explore the possibility of acquiring a strategic stake in NRSP Microfinance Bank Limited (NRSP MF

VIS reaffirms entity ratings of Lucky Textiles

December 29, 2021 (MLN): VIS Credit Rating Company Limited has reaffirmed entity ratings of Lucky Textile Mills Limited (LTML) at ‘AA-/A-1’ (Double-A Minus/A-One), said a press release issued by VIS on Tuesday. Long Term Rating

Mughal enjoys entity ratings of A+/A-1: VIS

December 29, 2021 (MLN): VIS Credit Rating Company Limited (VIS) has upgraded the entity ratings of Mughal Iron & Steel Industries Limited (MISIL) from ‘A/A-2’ (Single A/A-Two) to ‘A+/A-1’ (Single-A Plus/A-One), and reaffirmed the ratings

Azgard Nine requests PSX to delist ANLTFC2

December 28, 2021 (MLN):  The management of Azgard Nine Limited (ANL) has requested the Pakistan Stock Exchange (PSX) to delist the Listed Term Finance Certificates of the Company (PSX: ANLTFC2), company’s filing on PSX showed

PSX Closing Bell: Higher Ground

December 28, 2021 (MLN):  The local bourse observed a dull trading session on Tuesday due to lack of fresh triggers and the concerns over the upcoming mini budget kept investors’ interest subdued. During the initial

Nadeem Power Generation to merge with Nadeem Textile

December 28, 2021 (MLN): The board of directors of Nadeem Textile Mills (NATM) have approved the proposed scheme of arrangement involving the merger of Nadeem Power Generation (Pvt.) Limited (NPGPL) with and into the company

PSX Closing Bell: Beyond The Invisible

December 30, 2021 (MLN): The stock market continued positive momentum during the fourth day of the business week as it added another 156 points (0.35%) during the trading session to close at 44,416.11 points on

ARPL’s shareholders approve cash dividend of Rs90/sh

December 30, 2021 (MLN): The shareholders of Archoma Pakistan Limited have approved a cash dividend at the rate of 900% (Rs90 per share) of Rs3,071 million on the paid-up capital as recommended by the directors,

UBDL enters into Candyland’s distribution line

December 30, 2021 (MLN): United Brands Limited (PSX: UBDL) has entered into the distribution of a portfolio of Candyland brand owned by Ismail Industries Limited, company’s filing on PSX showed on Thursday. As per the

PSX proposes amendments in GEM board regulations

December 30, 2021 (MLN): Pakistan Stock Exchange has proposed amendments to regulations pertaining to the definition of accredited individual investor and its eligibility to trade in Growth Enterprise Market (GEM) companies, a notice issued by

PSX Closing Bell: One Big Rush

December 29, 2021 (MLN): The stock market continued positive momentum today as it added another 216 points (0.49%) during the trading session to close at 44,260.11 points. Profit-taking was witnessed in the first trading hour,

Ghani Automobile Industries delisted from PSX

December 29, 2021 (MLN): Pakistan Stock Exchange has delisted Ghani Automobile Industries, as a result of merger with Ghani Value Glass Limited (GVGL), notice issued by bourse showed today. The delisting will stand effective from

BOP intends to acquire stake in NRSP Microfinance Bank

December 29, 2021 (MLN): The board of directors of the Bank of Punjab (BOP) has taken an in-principle decision to explore the possibility of acquiring a strategic stake in NRSP Microfinance Bank Limited (NRSP MF

VIS reaffirms entity ratings of Lucky Textiles

December 29, 2021 (MLN): VIS Credit Rating Company Limited has reaffirmed entity ratings of Lucky Textile Mills Limited (LTML) at ‘AA-/A-1’ (Double-A Minus/A-One), said a press release issued by VIS on Tuesday. Long Term Rating

Mughal enjoys entity ratings of A+/A-1: VIS

December 29, 2021 (MLN): VIS Credit Rating Company Limited (VIS) has upgraded the entity ratings of Mughal Iron & Steel Industries Limited (MISIL) from ‘A/A-2’ (Single A/A-Two) to ‘A+/A-1’ (Single-A Plus/A-One), and reaffirmed the ratings

Azgard Nine requests PSX to delist ANLTFC2

December 28, 2021 (MLN):  The management of Azgard Nine Limited (ANL) has requested the Pakistan Stock Exchange (PSX) to delist the Listed Term Finance Certificates of the Company (PSX: ANLTFC2), company’s filing on PSX showed

PSX Closing Bell: Higher Ground

December 28, 2021 (MLN):  The local bourse observed a dull trading session on Tuesday due to lack of fresh triggers and the concerns over the upcoming mini budget kept investors’ interest subdued. During the initial

Nadeem Power Generation to merge with Nadeem Textile

December 28, 2021 (MLN): The board of directors of Nadeem Textile Mills (NATM) have approved the proposed scheme of arrangement involving the merger of Nadeem Power Generation (Pvt.) Limited (NPGPL) with and into the company