February 8, 2019 (MLN): Pakistan Credit Rating Agency (PACRA) has assigned initial stability rating of ‘AA-(f)’ to NBP Government Securities Plan – I for long term, while the outlook on the rating is ‘stable’. In
February 8, 2019 (MLN): Pakistan Credit Rating Agency has assigned initial rating to Hub Power Company Limited’s Commercial Paper Sukuk at ‘A1+’, with a stable outlook forecast. The rating reflects Hub Power Company Limited (Hubco)
February 8, 2019 (MLN): Engro Foods Limited (EFOODS) has reported a massive decline in annual profits during the year 2018, primarily due to diminished sales this year as the topline fell by over Rs.2 billion.
February 7, 2019 (MLN): The overseas investors once again indulged in excessive purchasing of securities as during the week ended February 1, 2019, the net purchase of securities via Specially Convertible Rupee Accounts (SCRA) was
February 7, 2019 (MLN): Awwal Modaraba suffered substantial decline in half-yearly profits (-44.6%, YoY) and quarterly profits (-61%) for the respective periods ended on December 31, 2018. The free-fall in advisory fee during last quarter
February 7, 2019 (MLN): The KSE-100 index ended today’s session on a depressing note by shedding 173 points and closed in at 41,332 points. Lack of positive triggers resulted in selling pressure for investors. Major
February 7, 2019: Total passenger cars and light commercial vehicles (LCV) sales are expected to down by 5% YoY to approximately 22,448 units in the month of January 2019, stated a research report by JS
The recent PKR devaluation has spared no sector from its jolt. While some industries may have immediately realized the full impact of the rupee devaluation, others are yet to recognize the effect of it, with
February 7, 2019 (MLN): JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has reaffirmed the Broker Management Rating of Topline Securities Limited (TSPL) at ‘BMR2’ while the outlook on assigned rating is ‘Stable’. According to the rating
February 06: Cement sector posted double digit decline of 10.70 percent in growth in the month of January compared with corresponding month last year raising alarm bells among producers sitting on huge production capacity. Data
February 6, 2019 (MLN): Domestic stock markets took a breather from the three day long winning streak today, as Commercial Banks navigated the benchmark index towards red, stripping it of 107 points altogether. The market
February 6, 2019 (MLN): The shareholders of Unity Foods Limited, in their Extraordinary General Meeting held on February 6, have decided to increase the authorized share capital of the company from Rs. 1,700,000,000 to Rs.
February 6, 2019 (MLN): The majority shareholder of Orix leasing Egypt SAE (OLE), Al Hail LLC (Al Hail), has stated its plans to expand OLE’s equity base. However, Orix Leasing Pakistan’s (OLP) Board of Directors
February 6, 2019 (MLN): Silk Bank Limited has appointed Mr. Syed Liaquat Ali as Group Head Finance/ Chief Financial Officer with effect from February 1, 2019. As per official notification to Pakistan Stock Exchange, this
February 6, 2019: Japanese car giant Toyota slashed its full-year net profit forecast after profit tumbled by nearly 30 percent in the first nine months. The maker of the Camry sedan and Prius hybrid now
February 8, 2019 (MLN): Pakistan Credit Rating Agency (PACRA) has assigned initial stability rating of ‘AA-(f)’ to NBP Government Securities Plan – I for long term, while the outlook on the rating is ‘stable’. In
February 8, 2019 (MLN): Pakistan Credit Rating Agency has assigned initial rating to Hub Power Company Limited’s Commercial Paper Sukuk at ‘A1+’, with a stable outlook forecast. The rating reflects Hub Power Company Limited (Hubco)
February 8, 2019 (MLN): Engro Foods Limited (EFOODS) has reported a massive decline in annual profits during the year 2018, primarily due to diminished sales this year as the topline fell by over Rs.2 billion.
February 7, 2019 (MLN): The overseas investors once again indulged in excessive purchasing of securities as during the week ended February 1, 2019, the net purchase of securities via Specially Convertible Rupee Accounts (SCRA) was
February 7, 2019 (MLN): Awwal Modaraba suffered substantial decline in half-yearly profits (-44.6%, YoY) and quarterly profits (-61%) for the respective periods ended on December 31, 2018. The free-fall in advisory fee during last quarter
February 7, 2019 (MLN): The KSE-100 index ended today’s session on a depressing note by shedding 173 points and closed in at 41,332 points. Lack of positive triggers resulted in selling pressure for investors. Major
February 7, 2019: Total passenger cars and light commercial vehicles (LCV) sales are expected to down by 5% YoY to approximately 22,448 units in the month of January 2019, stated a research report by JS
The recent PKR devaluation has spared no sector from its jolt. While some industries may have immediately realized the full impact of the rupee devaluation, others are yet to recognize the effect of it, with
February 7, 2019 (MLN): JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has reaffirmed the Broker Management Rating of Topline Securities Limited (TSPL) at ‘BMR2’ while the outlook on assigned rating is ‘Stable’. According to the rating
February 06: Cement sector posted double digit decline of 10.70 percent in growth in the month of January compared with corresponding month last year raising alarm bells among producers sitting on huge production capacity. Data
February 6, 2019 (MLN): Domestic stock markets took a breather from the three day long winning streak today, as Commercial Banks navigated the benchmark index towards red, stripping it of 107 points altogether. The market
February 6, 2019 (MLN): The shareholders of Unity Foods Limited, in their Extraordinary General Meeting held on February 6, have decided to increase the authorized share capital of the company from Rs. 1,700,000,000 to Rs.
February 6, 2019 (MLN): The majority shareholder of Orix leasing Egypt SAE (OLE), Al Hail LLC (Al Hail), has stated its plans to expand OLE’s equity base. However, Orix Leasing Pakistan’s (OLP) Board of Directors
February 6, 2019 (MLN): Silk Bank Limited has appointed Mr. Syed Liaquat Ali as Group Head Finance/ Chief Financial Officer with effect from February 1, 2019. As per official notification to Pakistan Stock Exchange, this
February 6, 2019: Japanese car giant Toyota slashed its full-year net profit forecast after profit tumbled by nearly 30 percent in the first nine months. The maker of the Camry sedan and Prius hybrid now
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