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

MPS Preview: High for Longer

JSMFETF resumes iNAV dissemination from today

JSMFETF resumes iNAV dissemination from today

July 13, 2022 (MLN): JS Momentum Factor Exchange Traded Fund (JSMFETF) has informed through a notice to exchange that the rebalancing activity of the JSMFETF portfolio has been concluded. Accordingly, the iNAV dissemination has been

Airlift shuts down operations in Pakistan

Airlift shuts down operations in Pakistan

July 13, 2022 (MLN): Airlift, Pakistan’s top startup, is shutting down its operations from today (Wednesday) amid the global recession. The company announced the decision in a meeting yesterday, where the company informed their employees

Weekly Market Roundup

Weekly Market Roundup

July 09, 2022 (MLN): This week, the local bourse lost 286 points or down by 0.69% WoW to settle at 41,344 points amid concerns over the resumption of the IMF program. The uncertainty with the

PSX Closing Bell: Permanent Waves

July 7, 2022 (MLN): The local equity witnessed a positive session today in an another range bound trading and the KSE-100 index gained 184 points. Investors adopted a wait-and-see strategy in the consequence of expected

Novatex to purchase 75% stake of LOTCHEM

Novatex to purchase 75% stake of LOTCHEM

July 07, 2022 (MLN): Novatex Limited has submitted a Public Announcement of Intention (PAI) to acquire 75.01% shares of Lotte Chemical Pakistan Limited (LOTCHEM) wherein Arif Habib Limited has been appointed as the Manager to

NITL declares dividends for funds for FY22

NITL declares dividends for funds for FY22

July 06, 2022: National Investment Trust Limited (NITL) has declared its annual results for its funds under management for the year ended June 30, 2022. NITL has distributed a total dividend of over Rs4.77 billion

PSX Closing Bell: Move Along

PSX Closing Bell: Move Along

July 06, 2022 (MLN): Owing to the lack of fresh triggers, the local bourse witnessed a dull trading session as the benchmark KSE-100 index managed to add only 57.22 points to close the session at 41,159.79. Market

DSML in process to recover balance amount from buyer

DSML in process to recover balance amount from buyer

July 06, 2022 (MLN): Dar es Salaam Textile Mills Limited (PSX: DSML) informed on Wednesday that the management is concentrating on the recovery of the balance amount of the sale price regarding the successful disposal

JSMFETF resumes iNAV dissemination from today

JSMFETF resumes iNAV dissemination from today

July 13, 2022 (MLN): JS Momentum Factor Exchange Traded Fund (JSMFETF) has informed through a notice to exchange that the rebalancing activity of the JSMFETF portfolio has been concluded. Accordingly, the iNAV dissemination has been

Airlift shuts down operations in Pakistan

Airlift shuts down operations in Pakistan

July 13, 2022 (MLN): Airlift, Pakistan’s top startup, is shutting down its operations from today (Wednesday) amid the global recession. The company announced the decision in a meeting yesterday, where the company informed their employees

Weekly Market Roundup

Weekly Market Roundup

July 09, 2022 (MLN): This week, the local bourse lost 286 points or down by 0.69% WoW to settle at 41,344 points amid concerns over the resumption of the IMF program. The uncertainty with the

PSX Closing Bell: Permanent Waves

July 7, 2022 (MLN): The local equity witnessed a positive session today in an another range bound trading and the KSE-100 index gained 184 points. Investors adopted a wait-and-see strategy in the consequence of expected

Novatex to purchase 75% stake of LOTCHEM

Novatex to purchase 75% stake of LOTCHEM

July 07, 2022 (MLN): Novatex Limited has submitted a Public Announcement of Intention (PAI) to acquire 75.01% shares of Lotte Chemical Pakistan Limited (LOTCHEM) wherein Arif Habib Limited has been appointed as the Manager to

NITL declares dividends for funds for FY22

NITL declares dividends for funds for FY22

July 06, 2022: National Investment Trust Limited (NITL) has declared its annual results for its funds under management for the year ended June 30, 2022. NITL has distributed a total dividend of over Rs4.77 billion

PSX Closing Bell: Move Along

PSX Closing Bell: Move Along

July 06, 2022 (MLN): Owing to the lack of fresh triggers, the local bourse witnessed a dull trading session as the benchmark KSE-100 index managed to add only 57.22 points to close the session at 41,159.79. Market

DSML in process to recover balance amount from buyer

DSML in process to recover balance amount from buyer

July 06, 2022 (MLN): Dar es Salaam Textile Mills Limited (PSX: DSML) informed on Wednesday that the management is concentrating on the recovery of the balance amount of the sale price regarding the successful disposal