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

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DSML receives Rs575mn as part of restructuring

November 30, 2021 (MLN): The Board of Directors of Dar Es Salaam Textile Mills Limited (DSML) have received the highest offer of Rs575 million against the sale of land and building, the company’s filing on

PVC-Ethylene margins surge to $1,073/ton

November 30, 2021 (MLN): The margins of Polyvinyl chloride (PVC)-Ethylene, the chemical used to produce PVC pipes and other plastic products, have increased by 1% WoW or $8/ton, reaching around $1,073/ton from $1,065/ton in the

KAPCO gets Rs59.4bn from power purchaser

November 30, 2021 (MLN): Kot Addu Power Company Limited (KAPCO) on November 29, 2021, has received Rs59.401 billion from the power purchaser in the form of one-third cash, one-third government Ijara Sukuk, and one-third Pakistan

PSX Closing Bell: What, Me worry??

November 29, 2021 (MLN): Despite the knock of the new variant of Coronavirus- Omicron, Pakistan equities witnessed a strong buying activity as the benchmark KSE-100 index managed to secure 1215.89 points to settle the trade at

MODAM mulling Data Textile’s revival

November 29, 2021 (MLN): Modaraba Al-Mali (MODAM) is making arrangements with Data Textile Limited (DATM) which is a listed Shell company for its revival, the company’s filing on bourse said. MODAM is a specialized Islamic

Midday Report: KSE-100 index up by 846 points

November 29, 2021 (MLN): Maintaining its gaining spree, the KSE-100 index kicked off the week on a positive note as it has managed to secure around 846.49 points so far. The index is currently trading

Zia Chishti resigns from all roles of TRGP

November 29, 2021 (MLN): Mr. Muhammad Ziaullah Khan Chishti has resigned as the Chief Executive Officer and a Director of TRG Pakistan Limited, with immediate effect, company filing on the PSX showed on Monday. Mr.

Weekly Market Roundup

November 28, 2021 (MLN): This week domestic equities closed down by 5.11% or 2,375 points WoW to 44,144 level. However, all share average traded volume during the week stood at a high of 264mn (8%

SSGC decides to curtail gas supply to non-export industries

November 27, 2021 (MLN): Sui Southern Gas Company (SSGC) has decided to curtail gas supplies to all captive power plants (CPPs) for general industries (non-export) across Sindh and Balochistan with immediate effect till further orders,

PSX Closing Bell: Lost for Words

November 26, 2021 (MLN): Bulls regained control of the bourse on Friday, snapped a four-day losing streak to add over 178 points to benchmark. The KSE-100 index traded between high and low of 44,333.71 and

Fauji Foods’ CEO resigns

November 26, 2021(MLN): Fauji Foods Limited (FFL) has announced that Mr. Muhammad Haseeb Aslam has resigned as Chief Executive Officer of the company with effect from November 26, 2021, the company filing on PSX showed

PSX lists first GEM board company

November 26, 2021: In a watershed development at Pakistan Stock Exchange (PSX), Pak Agro Packaging Limited (PAPL) becomes the very first company to be listed on PSX’s Growth Enterprise Market (GEM) board, the exchange announced

Pakistan’s Coeus Solutions plans IPO next quarter

November 26, 2021 (MLN): Pakistan’s Coeus Solutions Ltd., a preeminent software development company, plans to raise $5 million by listing on the Pakistan Stock Exchange’s Growth Enterprise Market Board, Bloomberg reported today. The Lahore based

DSML receives Rs575mn as part of restructuring

November 30, 2021 (MLN): The Board of Directors of Dar Es Salaam Textile Mills Limited (DSML) have received the highest offer of Rs575 million against the sale of land and building, the company’s filing on

PVC-Ethylene margins surge to $1,073/ton

November 30, 2021 (MLN): The margins of Polyvinyl chloride (PVC)-Ethylene, the chemical used to produce PVC pipes and other plastic products, have increased by 1% WoW or $8/ton, reaching around $1,073/ton from $1,065/ton in the

KAPCO gets Rs59.4bn from power purchaser

November 30, 2021 (MLN): Kot Addu Power Company Limited (KAPCO) on November 29, 2021, has received Rs59.401 billion from the power purchaser in the form of one-third cash, one-third government Ijara Sukuk, and one-third Pakistan

PSX Closing Bell: What, Me worry??

November 29, 2021 (MLN): Despite the knock of the new variant of Coronavirus- Omicron, Pakistan equities witnessed a strong buying activity as the benchmark KSE-100 index managed to secure 1215.89 points to settle the trade at

MODAM mulling Data Textile’s revival

November 29, 2021 (MLN): Modaraba Al-Mali (MODAM) is making arrangements with Data Textile Limited (DATM) which is a listed Shell company for its revival, the company’s filing on bourse said. MODAM is a specialized Islamic

Midday Report: KSE-100 index up by 846 points

November 29, 2021 (MLN): Maintaining its gaining spree, the KSE-100 index kicked off the week on a positive note as it has managed to secure around 846.49 points so far. The index is currently trading

Zia Chishti resigns from all roles of TRGP

November 29, 2021 (MLN): Mr. Muhammad Ziaullah Khan Chishti has resigned as the Chief Executive Officer and a Director of TRG Pakistan Limited, with immediate effect, company filing on the PSX showed on Monday. Mr.

Weekly Market Roundup

November 28, 2021 (MLN): This week domestic equities closed down by 5.11% or 2,375 points WoW to 44,144 level. However, all share average traded volume during the week stood at a high of 264mn (8%

SSGC decides to curtail gas supply to non-export industries

November 27, 2021 (MLN): Sui Southern Gas Company (SSGC) has decided to curtail gas supplies to all captive power plants (CPPs) for general industries (non-export) across Sindh and Balochistan with immediate effect till further orders,

PSX Closing Bell: Lost for Words

November 26, 2021 (MLN): Bulls regained control of the bourse on Friday, snapped a four-day losing streak to add over 178 points to benchmark. The KSE-100 index traded between high and low of 44,333.71 and

Fauji Foods’ CEO resigns

November 26, 2021(MLN): Fauji Foods Limited (FFL) has announced that Mr. Muhammad Haseeb Aslam has resigned as Chief Executive Officer of the company with effect from November 26, 2021, the company filing on PSX showed

PSX lists first GEM board company

November 26, 2021: In a watershed development at Pakistan Stock Exchange (PSX), Pak Agro Packaging Limited (PAPL) becomes the very first company to be listed on PSX’s Growth Enterprise Market (GEM) board, the exchange announced

Pakistan’s Coeus Solutions plans IPO next quarter

November 26, 2021 (MLN): Pakistan’s Coeus Solutions Ltd., a preeminent software development company, plans to raise $5 million by listing on the Pakistan Stock Exchange’s Growth Enterprise Market Board, Bloomberg reported today. The Lahore based