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

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Al-Ghazi Tractors to resume plant operations

April 16, 2020 (MLN): Al-Ghazi Tractors Limited, in a notification to the PSX, have announced resumption of operations of their plant located in Dera Ghazi Khan with effect from today. The resumption is in light

Closing Bell: Pffft…

April 15, 2020 (MLN): The KSE-100 index gained only 19 points in today’s session and closed at 31,242 points, i.e. 0.06 percent higher than the closing of the previous session. The trading started on a

Siddiqsons Tin Ltd encashes bank guarantees under CRM plant

April 15, 2020 (MLN): Siddiqsons Tin Ltd (STPL) has successfully encashed Bank Guarantees under Cold Rolled Steel Manufacturing plant against advance payments amounting to CNY 25,997,206/- made to New Metallurgy Hi-Tech Group Co Ltd (Supplier)

HCAR extends plant shutdown till April 30

April 15, 2020 (MLN): Honda Atlas Cars (Pakistan) Limited has informed that its plant operations and regional offices shall further be closed till April 30, 2020, owing to the directives issued by the Punjab Government

Pakistan OMCs: More pain to come?

April 15, 2020 (MLN): Local Oil Marketing Companies (OMCs) are suffering from inventory losses as they have to bring down refinery sources due to reduced demand for fuel after lockdown across the country to contain

Sazgar Engineering resumes production operations

April 15, 2020 (MLN): Sazgar Engineering Works Ltd has partially resumed its production operations, relating to the Tractor Wheels Rims manufacturing with effect from April 15, 2020 i.e. today, in view of exemption from lockdown,

Indus Motor raises car prices by upto Rs 500,000

April 15, 2020 (MLN): Indus Motor Company (IMC) has raised the prices of its vehicles in the range of Rs 110,000-Rs 500,000 to pass on the impact of rupee depreciation on consumers. The price of

Closing Bell: Man Chang Fei

April 14, 2020 (MLN): The domestic markets ended on a buoyant note by gaining 189 points after witnessing the jittery trading yesterday. However, the capital markets remained volatile today as government decided to extend the

FFBL gets a new Chairman

April 14, 2020 (MLN): The Board of Directors of Fauji Fertilizer Bin Qasim (FFBL) has appointed Mr Waqar Ahmed Malik as Director/ Chairman of the company in place of Lt. Gen Syed Tariq Nadeem Gilani,

Pakistan vs COVID-19 – A ‘do or die’ situation?

April 14, 2020 (MLN): The COVID-19 virus, now considered a pandemic, has engulfed economies across the world into its inferno. As a result, several industries have suffered irrecoverable damages whereas others have gone bankrupt. Pakistan’s

Pakistan Synthetic partially suspends plant operations

April 14, 2020 (MLN): Pakistan Synthetic Limited (PSYL) has partially suspended the plant operations in view of the current lockdown by the authorities and prevailing business situation in the country relating to the outbreak of

Al-Ghazi Tractors to resume plant operations

April 16, 2020 (MLN): Al-Ghazi Tractors Limited, in a notification to the PSX, have announced resumption of operations of their plant located in Dera Ghazi Khan with effect from today. The resumption is in light

Closing Bell: Pffft…

April 15, 2020 (MLN): The KSE-100 index gained only 19 points in today’s session and closed at 31,242 points, i.e. 0.06 percent higher than the closing of the previous session. The trading started on a

Siddiqsons Tin Ltd encashes bank guarantees under CRM plant

April 15, 2020 (MLN): Siddiqsons Tin Ltd (STPL) has successfully encashed Bank Guarantees under Cold Rolled Steel Manufacturing plant against advance payments amounting to CNY 25,997,206/- made to New Metallurgy Hi-Tech Group Co Ltd (Supplier)

HCAR extends plant shutdown till April 30

April 15, 2020 (MLN): Honda Atlas Cars (Pakistan) Limited has informed that its plant operations and regional offices shall further be closed till April 30, 2020, owing to the directives issued by the Punjab Government

Pakistan OMCs: More pain to come?

April 15, 2020 (MLN): Local Oil Marketing Companies (OMCs) are suffering from inventory losses as they have to bring down refinery sources due to reduced demand for fuel after lockdown across the country to contain

Sazgar Engineering resumes production operations

April 15, 2020 (MLN): Sazgar Engineering Works Ltd has partially resumed its production operations, relating to the Tractor Wheels Rims manufacturing with effect from April 15, 2020 i.e. today, in view of exemption from lockdown,

Indus Motor raises car prices by upto Rs 500,000

April 15, 2020 (MLN): Indus Motor Company (IMC) has raised the prices of its vehicles in the range of Rs 110,000-Rs 500,000 to pass on the impact of rupee depreciation on consumers. The price of

Closing Bell: Man Chang Fei

April 14, 2020 (MLN): The domestic markets ended on a buoyant note by gaining 189 points after witnessing the jittery trading yesterday. However, the capital markets remained volatile today as government decided to extend the

FFBL gets a new Chairman

April 14, 2020 (MLN): The Board of Directors of Fauji Fertilizer Bin Qasim (FFBL) has appointed Mr Waqar Ahmed Malik as Director/ Chairman of the company in place of Lt. Gen Syed Tariq Nadeem Gilani,

Pakistan vs COVID-19 – A ‘do or die’ situation?

April 14, 2020 (MLN): The COVID-19 virus, now considered a pandemic, has engulfed economies across the world into its inferno. As a result, several industries have suffered irrecoverable damages whereas others have gone bankrupt. Pakistan’s

Pakistan Synthetic partially suspends plant operations

April 14, 2020 (MLN): Pakistan Synthetic Limited (PSYL) has partially suspended the plant operations in view of the current lockdown by the authorities and prevailing business situation in the country relating to the outbreak of