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

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At -Tahur eyes to increase presence in Karachi

December 13, 2021 (MLN): At-Tahur Limited (PREMA) plans to increase its presence in Karachi given the high demand for some products such as the newly launched cream cheese which is a high margin product due

PPL gets mining lease deed

December 13, 2021 (MLN): Pakistan Petroleum Limited (PPL) has been granted a large scale mining lease for Lead and Zinc, in district Khuzdar, by the Government of Balochistan (GoB), the company filing on PSX revealed

G3 Technologies to invest Rs400mn in GCIL

December 13, 2021 (MLN): The board of directors of G3 Technologies Limited (formerly Service Fabrics Limited) has decided to invest Rs400 million in Ghani Chemical Industries Limited (GCIL), an associated company, by way of loan

PSX recomposes KMI-30 index, 3 companies affected

December 13, 2021 (MLN): The Pakistan Stock Exchange (PSX) has replaced 3 companies in the Karachi Meezan-30 Index (KMI-30) as they do not fall in the list of top 30 Shariah Compliant stocks, a notice

Weekly Market Roundup

December 12, 2021 (MLN): This week domestic equities closed up by 0.38% or 163 points WoW to 43,395 level. The optimism was in line with global equities as the Omicron variant considered to be less

PSX Closing Bell: Third of Its Kind

December 10, 2021 (MLN): The capital market buckled under selling pressure for the third straight session on Friday, mainly due to the expectation of an interest rate hike of 100-125bps in the upcoming MPC meeting

Fauji Foods gets new CEO

December 10, 2021 (MLN): Fauji Foods Limited (FFL) has appointed Mr. Ebad Khalid as Chief Executive Officer (CEO) of the company with effect from December 09, 2021, in place of Mr.  Muhammad Haseeb Aslam, the

European stocks drop at open after Asian, US losses

December 10, 2021: European stock markets retreated at the start of trading Friday following losses in Asia and overnight on Wall Street, with traders awaiting key US inflation data, as reported by APP.  London's benchmark

MODAM to spend Rs100mn on DKL revival

December 10, 2021 (MLN): Modaraba Al-Mali (MODAM) is targeting to complete the revival of Drekkar Kingsway Limited (DKL) by the end of April 30, 2022, under the “Revival Business Plan” wherein the financial impact of

PSX Closing Bell: Fear Inoculum

December 9, 2021 (MLN): The domestic equities remained under the cosh for the second day, as the benchmark KSE-100 index concluded the session on a negative note by losing another 328 points today and closed

HC dismisses winding up petition against Drekkar Kingsway

December 9, 2021 (MLN): The honorable Islamabad High Court has dismissed the winding-up petition against the Drekkar Kingsway Limited (DKL) as withdrawn, company filing on bourse said today. In a notice, the company requested the

VIS reaffirms entity ratings of EMCO

December 9, 2021 (MLN): VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of 'A-/A-2' (Single A-minus /A-Two) to EMCO Industries Limited (EMCO), the market leader for manufacturing and supply of high voltage

Image to expand retail network in major cities

December 9, 2021 (MLN): Image Pakistan is looking to expand its retail network in high per capita income cities as a move to increase its market share and sales volume, the management revealed during a

At -Tahur eyes to increase presence in Karachi

December 13, 2021 (MLN): At-Tahur Limited (PREMA) plans to increase its presence in Karachi given the high demand for some products such as the newly launched cream cheese which is a high margin product due

PPL gets mining lease deed

December 13, 2021 (MLN): Pakistan Petroleum Limited (PPL) has been granted a large scale mining lease for Lead and Zinc, in district Khuzdar, by the Government of Balochistan (GoB), the company filing on PSX revealed

G3 Technologies to invest Rs400mn in GCIL

December 13, 2021 (MLN): The board of directors of G3 Technologies Limited (formerly Service Fabrics Limited) has decided to invest Rs400 million in Ghani Chemical Industries Limited (GCIL), an associated company, by way of loan

PSX recomposes KMI-30 index, 3 companies affected

December 13, 2021 (MLN): The Pakistan Stock Exchange (PSX) has replaced 3 companies in the Karachi Meezan-30 Index (KMI-30) as they do not fall in the list of top 30 Shariah Compliant stocks, a notice

Weekly Market Roundup

December 12, 2021 (MLN): This week domestic equities closed up by 0.38% or 163 points WoW to 43,395 level. The optimism was in line with global equities as the Omicron variant considered to be less

PSX Closing Bell: Third of Its Kind

December 10, 2021 (MLN): The capital market buckled under selling pressure for the third straight session on Friday, mainly due to the expectation of an interest rate hike of 100-125bps in the upcoming MPC meeting

Fauji Foods gets new CEO

December 10, 2021 (MLN): Fauji Foods Limited (FFL) has appointed Mr. Ebad Khalid as Chief Executive Officer (CEO) of the company with effect from December 09, 2021, in place of Mr.  Muhammad Haseeb Aslam, the

European stocks drop at open after Asian, US losses

December 10, 2021: European stock markets retreated at the start of trading Friday following losses in Asia and overnight on Wall Street, with traders awaiting key US inflation data, as reported by APP.  London's benchmark

MODAM to spend Rs100mn on DKL revival

December 10, 2021 (MLN): Modaraba Al-Mali (MODAM) is targeting to complete the revival of Drekkar Kingsway Limited (DKL) by the end of April 30, 2022, under the “Revival Business Plan” wherein the financial impact of

PSX Closing Bell: Fear Inoculum

December 9, 2021 (MLN): The domestic equities remained under the cosh for the second day, as the benchmark KSE-100 index concluded the session on a negative note by losing another 328 points today and closed

HC dismisses winding up petition against Drekkar Kingsway

December 9, 2021 (MLN): The honorable Islamabad High Court has dismissed the winding-up petition against the Drekkar Kingsway Limited (DKL) as withdrawn, company filing on bourse said today. In a notice, the company requested the

VIS reaffirms entity ratings of EMCO

December 9, 2021 (MLN): VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of 'A-/A-2' (Single A-minus /A-Two) to EMCO Industries Limited (EMCO), the market leader for manufacturing and supply of high voltage

Image to expand retail network in major cities

December 9, 2021 (MLN): Image Pakistan is looking to expand its retail network in high per capita income cities as a move to increase its market share and sales volume, the management revealed during a