September 16, 2020 (MLN): The capital market opened on a positive note as ADB projected Pakistan’s GDP to grow by 2% in FY21 along with improved LSM output. However, profit-taking kicked in which brought the
September 16, 2020: Meezan Bank has been conferred with ‘Shariah Authenticity Award’ among multiple accolades at the 10th Global Islamic Finance Awards (GIFA) held in Islamabad. The Bank has also been recognized as ‘Shariah Auditor
September 16, 2020 (MLN): Most of the businesses’ rapid growth slowed to a crawl in the last two quarters owing to an ongoing pandemic. However, 1HCY20 seemed impressive for System Limited as it had posted
September 16, 2020 (MNL): Millat Tractors Limited has disclosed the financial results for the year ended June 30, 2020, which show a Profit of Rs. 1.96 billion (EPS: 39.42), which is 44% lower as compared to
September 15, 2020 (MNL): The KSE-100 index ended the trading session on Tuesday with a 184.89 point or 0.43 percent decline to close at 42,346.42. The market opened on a good note with Cement sector mostly
September 15, 2020 (MLN): Avanceon Group announced its financial results for the half-year ended June 30, 2020, on Tuesday, which showed profits of Rs. 427 million (EPS: 2.02), i.e. 17% lower as compared to the
September 15, 2020 (MLN): Mari Petroleum Company Limited will be holding an emergency meeting of the Board of Directors on September 17, 2020 (Thursday), to consider the Company's proposal for submission of non-binding indicative offer
September 15, 2020 (MLN): Faysal Bank on Tuesday announced that Ithmaar Holding, i.e. the parent of Ithmaar Bank, has signed a Memorandum of Understanding with Bank of Bahrain and Kuwait (BBK), for exploring a potential
September 15, 2020 (MLN): Pakistan Credit Rating Agency has maintained the entity ratings of Bestway Cement Limited at ‘AA-’ for long-term and ‘A1+’ for short-term, along with a stable outlook forecast. According to PACRA’s press
September 14, 2020: BMA Capital Management (BMA Capital) has joined hands with Pakistan Mortgage Refinance Corporation (PMRC) in raising funds for the housing market of Pakistan. PMRC is one of its kind in the country,
September 14, 2020 (MLN): After showing a directionless session throughout the day, the benchmark KSE-100 index closed flat with marginal gain of 0.64 points to settle at 42,531 level. The choppy behavior of the market
September 14, 2020 (MLN): Bawany Air Products Limited has received Withdrawal of Public Announcement of Intention from Fossil Energy (Private) Limited to acquire more than 50% of its voting shares, the company informed PSX on
September 14, 2020 (MLN): Feroze1888 Mills Limited has earned a profit of Rs. 2.94 billion (EPS: 7.8) during the year ended June 30, 2020, i.e. almost 51% lower than the amount earned in the previous
September 14, 2020 (MLN): Kohinoor Textile Mills (KTML) has reported net losses of Rs 2.595 billion in FY20 against the net profits of Rs 4.376 billion in FY19. The loss per share of the company
SEPTEMBER 14, 2020: As part of an ongoing enquiry into the possible anti-competitive activities in the sugar industry, the Competition Commission of Pakistan (CCP) carried out a search and inspection of the Pakistan Sugar Mills
September 16, 2020 (MLN): The capital market opened on a positive note as ADB projected Pakistan’s GDP to grow by 2% in FY21 along with improved LSM output. However, profit-taking kicked in which brought the
September 16, 2020: Meezan Bank has been conferred with ‘Shariah Authenticity Award’ among multiple accolades at the 10th Global Islamic Finance Awards (GIFA) held in Islamabad. The Bank has also been recognized as ‘Shariah Auditor
September 16, 2020 (MLN): Most of the businesses’ rapid growth slowed to a crawl in the last two quarters owing to an ongoing pandemic. However, 1HCY20 seemed impressive for System Limited as it had posted
September 16, 2020 (MNL): Millat Tractors Limited has disclosed the financial results for the year ended June 30, 2020, which show a Profit of Rs. 1.96 billion (EPS: 39.42), which is 44% lower as compared to
September 15, 2020 (MNL): The KSE-100 index ended the trading session on Tuesday with a 184.89 point or 0.43 percent decline to close at 42,346.42. The market opened on a good note with Cement sector mostly
September 15, 2020 (MLN): Avanceon Group announced its financial results for the half-year ended June 30, 2020, on Tuesday, which showed profits of Rs. 427 million (EPS: 2.02), i.e. 17% lower as compared to the
September 15, 2020 (MLN): Mari Petroleum Company Limited will be holding an emergency meeting of the Board of Directors on September 17, 2020 (Thursday), to consider the Company's proposal for submission of non-binding indicative offer
September 15, 2020 (MLN): Faysal Bank on Tuesday announced that Ithmaar Holding, i.e. the parent of Ithmaar Bank, has signed a Memorandum of Understanding with Bank of Bahrain and Kuwait (BBK), for exploring a potential
September 15, 2020 (MLN): Pakistan Credit Rating Agency has maintained the entity ratings of Bestway Cement Limited at ‘AA-’ for long-term and ‘A1+’ for short-term, along with a stable outlook forecast. According to PACRA’s press
September 14, 2020: BMA Capital Management (BMA Capital) has joined hands with Pakistan Mortgage Refinance Corporation (PMRC) in raising funds for the housing market of Pakistan. PMRC is one of its kind in the country,
September 14, 2020 (MLN): After showing a directionless session throughout the day, the benchmark KSE-100 index closed flat with marginal gain of 0.64 points to settle at 42,531 level. The choppy behavior of the market
September 14, 2020 (MLN): Bawany Air Products Limited has received Withdrawal of Public Announcement of Intention from Fossil Energy (Private) Limited to acquire more than 50% of its voting shares, the company informed PSX on
September 14, 2020 (MLN): Feroze1888 Mills Limited has earned a profit of Rs. 2.94 billion (EPS: 7.8) during the year ended June 30, 2020, i.e. almost 51% lower than the amount earned in the previous
September 14, 2020 (MLN): Kohinoor Textile Mills (KTML) has reported net losses of Rs 2.595 billion in FY20 against the net profits of Rs 4.376 billion in FY19. The loss per share of the company
SEPTEMBER 14, 2020: As part of an ongoing enquiry into the possible anti-competitive activities in the sugar industry, the Competition Commission of Pakistan (CCP) carried out a search and inspection of the Pakistan Sugar Mills
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