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

MPS Preview: High for Longer

AGTL: Improved gross margin boosted earnings

May 5, 2021 (MLN):  Al-Ghazi Tractors Limited (AGTL) has revealed its financial results for the year ended on December 31, 2020 today, as per which the company's net profits locked in at Rs1.35billion (EPS: Rs23.28),

Record-Breaking Quarter for KSE-100 companies

May 04, 2021 (MLN): In 1QCY21, Oil Marketing Companies (OMCs) contributed the most to KSE-100 profitability on a year-on-year basis. Fertilizers, Cement, Banks and Chemicals rounded out the top five spots in the ranking of

PSX Closing Bell: Disaster Relief

May 04, 2021 (MLN): The capital markets turned positive on Tuesday as optimism gripped the investors, which continued throughout the session owing to series of news-flow, with the benchmark KSE-100 index advancing 487.39 points and

OMCs: In full Swing

May 4, 2021 (MLN): The Oil and Marketing Companies (OMCs) witnessed another money-making month, as the total sales volume of the industry has increased by 57% YoY to stand at 1.67 MTs in the month of

PPL begins commercial production of gas from Benari D&PL

May 04, 2021 (MLN): Pakistan Petroleum Limited (PPL), the operator of Block 2467-16 (Shah Bandar) has announced the commencement of commercial gas production from Benari Development & Production Lease (Benari D&PL) in Shah Bandar Block

PSX will remain closed on Friday

May 3, 2021 (MLN): Pakistan Stock Exchange will remain closed on Friday, May 7, 2021 on an account of Juma-Tul-Wida. The aforesaid information was disseminated via notification by PSX to all TRE Certificate holders and

PSX Closing Bell: Six Degrees of Inner Turbulence

May 3, 2021 (MLN): KSE-100 index concluded the first day of the week on a bearish note, extending its five-day losing streak as deteriorating economic indicators and rising covid-19 cases shattered investors’ confidence. Accordingly, the

KSE-100 Monthly Review: Wave after wave

May 03, 2021 (MLN): The KSE-100 index continued to move downhill as it lost around 325 points during the month of April and closed at 44,262.35 i.e., around 0.73% lower as compared to the closing

Weekly Market Roundup

May 02, 2021 (MLN): Bearish sentiments triumphed at the Pakistan Stock Exchange (PSX) during the departed week, with the indices succumbing to selling pressure, due to a rise in the infection ratio, lockdowns in certain

PSO enters into strategic partnership with PARCO and PAPCO

May 02, 2021: Pakistan State Oil (PSO) has signed multiple infrastructural MoUs of strategic importance with Pak Arab Refinery Limited (PARCO) and Pak Arab Pipeline Company (PAPCO) which aim to safeguard the country’s petroleum product

HUBC: Higher contribution from CPHGC strengthens profitability

April 30, 2021 (MLN): Pakistan’s largest Independent Power Producer (IPP), the Hub Power Company Limited (HUBC) announced financial results for the period of 9MFY2021 today. The company posted consolidated net profits of Rs25.71billion with earning

AGTL: Improved gross margin boosted earnings

May 5, 2021 (MLN):  Al-Ghazi Tractors Limited (AGTL) has revealed its financial results for the year ended on December 31, 2020 today, as per which the company's net profits locked in at Rs1.35billion (EPS: Rs23.28),

Record-Breaking Quarter for KSE-100 companies

May 04, 2021 (MLN): In 1QCY21, Oil Marketing Companies (OMCs) contributed the most to KSE-100 profitability on a year-on-year basis. Fertilizers, Cement, Banks and Chemicals rounded out the top five spots in the ranking of

PSX Closing Bell: Disaster Relief

May 04, 2021 (MLN): The capital markets turned positive on Tuesday as optimism gripped the investors, which continued throughout the session owing to series of news-flow, with the benchmark KSE-100 index advancing 487.39 points and

OMCs: In full Swing

May 4, 2021 (MLN): The Oil and Marketing Companies (OMCs) witnessed another money-making month, as the total sales volume of the industry has increased by 57% YoY to stand at 1.67 MTs in the month of

PPL begins commercial production of gas from Benari D&PL

May 04, 2021 (MLN): Pakistan Petroleum Limited (PPL), the operator of Block 2467-16 (Shah Bandar) has announced the commencement of commercial gas production from Benari Development & Production Lease (Benari D&PL) in Shah Bandar Block

PSX will remain closed on Friday

May 3, 2021 (MLN): Pakistan Stock Exchange will remain closed on Friday, May 7, 2021 on an account of Juma-Tul-Wida. The aforesaid information was disseminated via notification by PSX to all TRE Certificate holders and

PSX Closing Bell: Six Degrees of Inner Turbulence

May 3, 2021 (MLN): KSE-100 index concluded the first day of the week on a bearish note, extending its five-day losing streak as deteriorating economic indicators and rising covid-19 cases shattered investors’ confidence. Accordingly, the

KSE-100 Monthly Review: Wave after wave

May 03, 2021 (MLN): The KSE-100 index continued to move downhill as it lost around 325 points during the month of April and closed at 44,262.35 i.e., around 0.73% lower as compared to the closing

Weekly Market Roundup

May 02, 2021 (MLN): Bearish sentiments triumphed at the Pakistan Stock Exchange (PSX) during the departed week, with the indices succumbing to selling pressure, due to a rise in the infection ratio, lockdowns in certain

PSO enters into strategic partnership with PARCO and PAPCO

May 02, 2021: Pakistan State Oil (PSO) has signed multiple infrastructural MoUs of strategic importance with Pak Arab Refinery Limited (PARCO) and Pak Arab Pipeline Company (PAPCO) which aim to safeguard the country’s petroleum product

HUBC: Higher contribution from CPHGC strengthens profitability

April 30, 2021 (MLN): Pakistan’s largest Independent Power Producer (IPP), the Hub Power Company Limited (HUBC) announced financial results for the period of 9MFY2021 today. The company posted consolidated net profits of Rs25.71billion with earning