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

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Waves Singer secures largest corporate order from Coca-Cola

November 16, 2021 (MLN): For the second consecutive year since its approval as a manufacturer for the supply of Coca-Cola branded freezers, Waves Singer Pakistan Limited (WSPL) has secured the largest corporate order worth Rs1.438

NRL reports gas explosion at Korangi Keamari pipeline

November 16, 2021 (MLN): National Refinery Limited (NRL) on Tuesday suffered a gas explosion over the surface due to entrapped gases during maintenance work on sub soil Korangi Keamari pipeline in the early hours today.

HASCOL’ net losses shrink by 28% YoY in CY20

November 16, 2021 (MLN): Hascol Petroleum Limited (HASCOL)’s net losses during CY20 shrank by 28.22% YoY to clock in at Rs25.24 billion (LPS: Rs25.39) compared to Rs35.17bn (LPS: Rs93.15) incurred in the same period last

PSX Closing Bell: Duck and Cover

November 15, 2021 (MLN): Domestic Equities witnessed profit taking on the first day of the week as Pak-IMF talks have not ended yet, thus exerting pressure at the bourse. Moreover, investors’ interest was low during

Flying Cement increases share capital by Rs4bn

November 15, 2021 (MLN): Flying Cement Company Limited has decided to increase the authorized share capital of the Company from Rs4 billion to Rs8bn, the company informed through a notice to exchange. In a meeting

HTL to add 26 fuel stations in punjab

November 15, 2021 (MLN): Hi-Tech Ltd on Monday informed that the Oil and Gas Regulatory Authority (Ogra) has allowed it to increase the number of fuel stations in Punjab from 26 to 52, the company

SMBL to increase Authorized Share capital by Rs62bn

November 15, 2021 (MLN): The shareholders of Summit Bank Limited (SMBL) during the 14th Annual General Meeting (AGM) held on November 11, 2021, resolved to increase the authorized capital by Rs 62 billion. According to

Octopus to offer another 5m shares

November 15, 2021 (MLN): The Board of Directors of Octopus Digital Limited have resolved to further issue a minimum of 5million shares by way of other than right, subject to the approval of the resolution

AVANCEON approves amendment in ESOS 2018, 2019

November 15, 2021 (MLN): The shareholders of Avanceon (AVN) during the Extraordinary General Meeting (EOGM) held on November 10, 2021, approved the amendment in the Employees Stock Option Scheme (ESOS) 2018 in order to accommodate

UNITY to raise Rs5.4bn from right issue

November 15, 2021 (MLN): Unity Foods Ltd on Monday announced that it plans to raise Rs5.4 billion through a right issue of two million shares at a price of Rs27 per share in order to

DEL gets underwriting license

November 15, 2021 (MLN): The Security Exchange Commission of Pakistan (SECP) has granted a license to Dawood Equities Limited (DEL) as an Underwriter to carry out activities under the Public Offering (Regulated Securities Activities Licensing)

Weekly Market Roundup

November 14, 2021 (MLN): This week, the KSE-100 index continued its negative trajectory, closing at 45,749 level i.e., down by 1,546 points or 3.27% WoW. In USD terms, the return of the index nosedived by

PSX Closing Bell: Reality… what a concept

November 12, 2021 (MLN): Following the downward momentum from previous session, the benchmark KSE-100 Index lost 599.03 point or 1.29 percent to close at 45,749.15 level as market participants adopted cautious stance over the delay

Euro-V upgradation without incentives not possible, says NRL

November 12, 2021 (MLN): National Refinery Pakistan Limited (NRL) is considering the installation of a Continuous Catalytic Converter (CCR) plant to produce Euro V Motor gasoline while reducing the production of NAPTHA to zero. However,

Waves Singer secures largest corporate order from Coca-Cola

November 16, 2021 (MLN): For the second consecutive year since its approval as a manufacturer for the supply of Coca-Cola branded freezers, Waves Singer Pakistan Limited (WSPL) has secured the largest corporate order worth Rs1.438

NRL reports gas explosion at Korangi Keamari pipeline

November 16, 2021 (MLN): National Refinery Limited (NRL) on Tuesday suffered a gas explosion over the surface due to entrapped gases during maintenance work on sub soil Korangi Keamari pipeline in the early hours today.

HASCOL’ net losses shrink by 28% YoY in CY20

November 16, 2021 (MLN): Hascol Petroleum Limited (HASCOL)’s net losses during CY20 shrank by 28.22% YoY to clock in at Rs25.24 billion (LPS: Rs25.39) compared to Rs35.17bn (LPS: Rs93.15) incurred in the same period last

PSX Closing Bell: Duck and Cover

November 15, 2021 (MLN): Domestic Equities witnessed profit taking on the first day of the week as Pak-IMF talks have not ended yet, thus exerting pressure at the bourse. Moreover, investors’ interest was low during

Flying Cement increases share capital by Rs4bn

November 15, 2021 (MLN): Flying Cement Company Limited has decided to increase the authorized share capital of the Company from Rs4 billion to Rs8bn, the company informed through a notice to exchange. In a meeting

HTL to add 26 fuel stations in punjab

November 15, 2021 (MLN): Hi-Tech Ltd on Monday informed that the Oil and Gas Regulatory Authority (Ogra) has allowed it to increase the number of fuel stations in Punjab from 26 to 52, the company

SMBL to increase Authorized Share capital by Rs62bn

November 15, 2021 (MLN): The shareholders of Summit Bank Limited (SMBL) during the 14th Annual General Meeting (AGM) held on November 11, 2021, resolved to increase the authorized capital by Rs 62 billion. According to

Octopus to offer another 5m shares

November 15, 2021 (MLN): The Board of Directors of Octopus Digital Limited have resolved to further issue a minimum of 5million shares by way of other than right, subject to the approval of the resolution

AVANCEON approves amendment in ESOS 2018, 2019

November 15, 2021 (MLN): The shareholders of Avanceon (AVN) during the Extraordinary General Meeting (EOGM) held on November 10, 2021, approved the amendment in the Employees Stock Option Scheme (ESOS) 2018 in order to accommodate

UNITY to raise Rs5.4bn from right issue

November 15, 2021 (MLN): Unity Foods Ltd on Monday announced that it plans to raise Rs5.4 billion through a right issue of two million shares at a price of Rs27 per share in order to

DEL gets underwriting license

November 15, 2021 (MLN): The Security Exchange Commission of Pakistan (SECP) has granted a license to Dawood Equities Limited (DEL) as an Underwriter to carry out activities under the Public Offering (Regulated Securities Activities Licensing)

Weekly Market Roundup

November 14, 2021 (MLN): This week, the KSE-100 index continued its negative trajectory, closing at 45,749 level i.e., down by 1,546 points or 3.27% WoW. In USD terms, the return of the index nosedived by

PSX Closing Bell: Reality… what a concept

November 12, 2021 (MLN): Following the downward momentum from previous session, the benchmark KSE-100 Index lost 599.03 point or 1.29 percent to close at 45,749.15 level as market participants adopted cautious stance over the delay

Euro-V upgradation without incentives not possible, says NRL

November 12, 2021 (MLN): National Refinery Pakistan Limited (NRL) is considering the installation of a Continuous Catalytic Converter (CCR) plant to produce Euro V Motor gasoline while reducing the production of NAPTHA to zero. However,