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

MPS Preview: High for Longer

PSX Closing Bell: No Excuses

August 17, 2021 (MLN): Contrary to yesterday’s trade, the KSE-100 Index climbed up by 345 points or an increase of 0.74 percent to close at 47,258-level on Tuesday as geopolitical uncertainty surrounding the Afghan situation

KAPCO: Adjustment to CPP drags earnings

August 17, 2021 (MLN): Kot Addu Power Company Limited (KAPCO) has witnessed a significant decline in its net profits by around 57% YoY to stand at Rs10.23billion (EPS: Rs11.62) during the fiscal year 2020-21 when

ABL’s profitability increases at snail’s pace

August 17, 2021 (MLN): Allied Bank Limited (ABL) has announced its half yearly financial results for the period ended on June 30, 2021 today as per which the profitability of the bank has increased by

Privatization of DISCOs: A difficult road to take

August 16, 2021 (MLN): The increasing reliance of today’s lifestyle on the power sector has put it in the limelight as managing the demand and supply has become a most complex phenomenon to deal with

PSX Closing Bell: Over and Out

Aug 16, 2021 (MLN): The local bourse retreated on Monday as investors closely watched geo political implications of Afghan Taliban’s taking over their control in Afghanistan. This situation has pushed the investors’ interest into panic

PRL sees a turnaround in yearly earnings

August 16, 2021 (MLN): Pakistan Refinery Limited (PRL) has reported a net profit of Rs937 million (EPS: Rs1.52) for the year ended on June 30th, 2021, a turnaround from the previous fiscal year when it

ASTL plans to utilize 75% of Dhabeji plant in FY22

August 16, 2021 (MLN): Amreli Steels Limited (ASTL) held a corporate briefing to discuss its latest financial performance and future prospects. To note, the company posted a net profit of Rs1.34billion (EPS: Rs4.61) during FY21,

KTML returns to profitability on healthy margins

August 16, 2021 (MLN): Kohinoor Textile Mills (KTML) has announced its financial results for the fiscal year 2021 whereby it has witnessed a turnaround in its net profit worth Rs11.05 billion (EPS: Rs28.26), against losses

Weekly Market Roundup

August 15, 2021 (MLN): Lack of positive triggers led to another lackluster week for domestic equities as the benchmark KSE-100 index witnessed a loss of 320pts WoW at 47,170 levels. The market commenced the week

PSX Closing Bell: Down in a Hole

August 13, 2021 (MLN): Pakistan Stock Exchange (PSX) on Friday witnessed a range-bound session as investors’ participation remained subdued due to the absence of positive economic triggers while some profit-taking activity was witnessed throughout the

PSX Closing Bell: No Excuses

August 17, 2021 (MLN): Contrary to yesterday’s trade, the KSE-100 Index climbed up by 345 points or an increase of 0.74 percent to close at 47,258-level on Tuesday as geopolitical uncertainty surrounding the Afghan situation

KAPCO: Adjustment to CPP drags earnings

August 17, 2021 (MLN): Kot Addu Power Company Limited (KAPCO) has witnessed a significant decline in its net profits by around 57% YoY to stand at Rs10.23billion (EPS: Rs11.62) during the fiscal year 2020-21 when

ABL’s profitability increases at snail’s pace

August 17, 2021 (MLN): Allied Bank Limited (ABL) has announced its half yearly financial results for the period ended on June 30, 2021 today as per which the profitability of the bank has increased by

Privatization of DISCOs: A difficult road to take

August 16, 2021 (MLN): The increasing reliance of today’s lifestyle on the power sector has put it in the limelight as managing the demand and supply has become a most complex phenomenon to deal with

PSX Closing Bell: Over and Out

Aug 16, 2021 (MLN): The local bourse retreated on Monday as investors closely watched geo political implications of Afghan Taliban’s taking over their control in Afghanistan. This situation has pushed the investors’ interest into panic

PRL sees a turnaround in yearly earnings

August 16, 2021 (MLN): Pakistan Refinery Limited (PRL) has reported a net profit of Rs937 million (EPS: Rs1.52) for the year ended on June 30th, 2021, a turnaround from the previous fiscal year when it

ASTL plans to utilize 75% of Dhabeji plant in FY22

August 16, 2021 (MLN): Amreli Steels Limited (ASTL) held a corporate briefing to discuss its latest financial performance and future prospects. To note, the company posted a net profit of Rs1.34billion (EPS: Rs4.61) during FY21,

KTML returns to profitability on healthy margins

August 16, 2021 (MLN): Kohinoor Textile Mills (KTML) has announced its financial results for the fiscal year 2021 whereby it has witnessed a turnaround in its net profit worth Rs11.05 billion (EPS: Rs28.26), against losses

Weekly Market Roundup

August 15, 2021 (MLN): Lack of positive triggers led to another lackluster week for domestic equities as the benchmark KSE-100 index witnessed a loss of 320pts WoW at 47,170 levels. The market commenced the week

PSX Closing Bell: Down in a Hole

August 13, 2021 (MLN): Pakistan Stock Exchange (PSX) on Friday witnessed a range-bound session as investors’ participation remained subdued due to the absence of positive economic triggers while some profit-taking activity was witnessed throughout the