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

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Khalid Siraj Subhani assumes charge as OGDCL’s MD/CEO

October 20, 2021 (MLN): The newly appointed Managing Director (MD) and Chief Executive Officer (CEO) of Oil & Gas Development Company Limited (OGDCL), Syed Khalid Siraj Subhani has assumed the charge here on Wednesday, in

Telecard successfully restructures its TFC Loan

October 20, 2021 (MLN): Telecard’s outstanding Term Finance Certificates (TFCs) have been successfully restructured after the consent of the majority of TFC holders. That restructuring would pave the way for the regulatory approvals for the

FCEPL remains in the black

October 20, 2021 (MLN): FrieslandCampina Engro Pakistan Limited (FCEPL) (previously Engro Foods Limited) on Wednesday announced its nine-month financial results ended on 30th Sept’21 whereby the company posted net profits of Rs1.96 billion, showing a

FFBL to benefit the most from record high DAP prices

October 18, 2021 (MLN): Covid-19 has proved to be a blessing in disguise for the country’s sole DAP producer Fauji Fertilizer Bin Qasim Limited (FFBL), providing much-needed improvement in the company’s core business profitability and

PSX Closing Bell: The Valley of Fear

Ocotober 18, 2021 (MLN): The stock market turned bearish on Monday, as it surrendered to the profit-taking activity owing to hike in petroleum prices by upto Rs10.95/ litre coupled with a delay in IMF negotiations

VIS reaffirms Entity Ratings of BMA Capital Management

October 18, 2021: VIS Credit Rating Company Limited has reaffirmed entity ratings of BMA Capital Management Limited at single A minus/A-two. Long-term rating of ‘A-’ signifies good credit quality with adequate protection factors. Risk may

European equities slide at open

October 18, 2021: European stock markets declined in opening deals on Monday, after Asian bourses were hit once more by concerns over elevated inflation. In initial trade, London's benchmark FTSE 100 index fell 0.1 percent

EPCL profit leaps by nearly 5-fold in 9MCY21

October 18, 2021 (MLN): Engro Polymer (EPCL) announced its 9MCY21 financial results today, where the company has reported around a fivefold jump in net consolidated profit to Rs10.37 billion (EPS: Rs11.41) compared to Rs2.10bn (EPS:

SSGC incurs Rs4.6bn losses in 1QFY19

October 18, 2021 (MLN): Sui Southern Gas Company Limited (SSGC) has revealed its financial results today for the quarter ended on September 30, 2019, as per which the company posted a loss after tax Rs4.6bn, depicting

SHC announces de-attachment of HASCOL’s properties

October 18, 2021 (MLN): The Hon'ble Sindh High Court (SHC) has announced the de-attachment of the assets and bank accounts of Hascol Petroleum Limited (HASCOL). Pursuant to this order, the company can carry on its

Weekly Market Roundup

October 17, 2021 (MLN): Following four weeks of negative close, the benchmark KSE-100 index closed this week in green as it gained 344 points (0.77%) over last Friday to settle at 44,821 points. During the

Khalid Siraj Subhani assumes charge as OGDCL’s MD/CEO

October 20, 2021 (MLN): The newly appointed Managing Director (MD) and Chief Executive Officer (CEO) of Oil & Gas Development Company Limited (OGDCL), Syed Khalid Siraj Subhani has assumed the charge here on Wednesday, in

Telecard successfully restructures its TFC Loan

October 20, 2021 (MLN): Telecard’s outstanding Term Finance Certificates (TFCs) have been successfully restructured after the consent of the majority of TFC holders. That restructuring would pave the way for the regulatory approvals for the

FCEPL remains in the black

October 20, 2021 (MLN): FrieslandCampina Engro Pakistan Limited (FCEPL) (previously Engro Foods Limited) on Wednesday announced its nine-month financial results ended on 30th Sept’21 whereby the company posted net profits of Rs1.96 billion, showing a

FFBL to benefit the most from record high DAP prices

October 18, 2021 (MLN): Covid-19 has proved to be a blessing in disguise for the country’s sole DAP producer Fauji Fertilizer Bin Qasim Limited (FFBL), providing much-needed improvement in the company’s core business profitability and

PSX Closing Bell: The Valley of Fear

Ocotober 18, 2021 (MLN): The stock market turned bearish on Monday, as it surrendered to the profit-taking activity owing to hike in petroleum prices by upto Rs10.95/ litre coupled with a delay in IMF negotiations

VIS reaffirms Entity Ratings of BMA Capital Management

October 18, 2021: VIS Credit Rating Company Limited has reaffirmed entity ratings of BMA Capital Management Limited at single A minus/A-two. Long-term rating of ‘A-’ signifies good credit quality with adequate protection factors. Risk may

European equities slide at open

October 18, 2021: European stock markets declined in opening deals on Monday, after Asian bourses were hit once more by concerns over elevated inflation. In initial trade, London's benchmark FTSE 100 index fell 0.1 percent

EPCL profit leaps by nearly 5-fold in 9MCY21

October 18, 2021 (MLN): Engro Polymer (EPCL) announced its 9MCY21 financial results today, where the company has reported around a fivefold jump in net consolidated profit to Rs10.37 billion (EPS: Rs11.41) compared to Rs2.10bn (EPS:

SSGC incurs Rs4.6bn losses in 1QFY19

October 18, 2021 (MLN): Sui Southern Gas Company Limited (SSGC) has revealed its financial results today for the quarter ended on September 30, 2019, as per which the company posted a loss after tax Rs4.6bn, depicting

SHC announces de-attachment of HASCOL’s properties

October 18, 2021 (MLN): The Hon'ble Sindh High Court (SHC) has announced the de-attachment of the assets and bank accounts of Hascol Petroleum Limited (HASCOL). Pursuant to this order, the company can carry on its

Weekly Market Roundup

October 17, 2021 (MLN): Following four weeks of negative close, the benchmark KSE-100 index closed this week in green as it gained 344 points (0.77%) over last Friday to settle at 44,821 points. During the