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

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Higher finance cost drags down ISL profits by 27%

April 17, 2019 (MLN):  International Steels Limited has reported its net profits for nine months ended on March 31st 2019 at Rs 2.36 million, down by 27% YOY. The decline in profits are  mainly attributable

Pakistan’s equity market; A house of cards

April 16, 2019 (MLN): Following a bullish session yesterday, the KSE-100 index ended second day of the week on a lackluster note by landing in  red zone. After shedding 122 points, the index closed today’s

SBP prompts Bank of Punjab to appoint new President

April 16, 2019 (MLN): The State Bank of Pakistan (SBP) has requested the Bank of Punjab (BOP) to appoint a regular President/CEO at the earliest, as the central reminded through an official notification that further

VIS reaffirms entity ratings of Pak-Gulf Leasing Company

April 16, 2019 (MLN): VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Pak-Gulf Leasing Company Limited (PGLC) at ‘A-/A-2’ (Single A Minus/A-Two). The long term rating of ‘A-’ signifies good credit

Benchmark index bags a steady victory

April 15, 2019 (MLN): The benchmark KSE – 100 index gathered steady momentum as today’s intraday trade progressed, having ascended by 166 points and closing the session at 37,504 points. The index was mainly driven

Higher finance cost drags down ISL profits by 27%

April 17, 2019 (MLN):  International Steels Limited has reported its net profits for nine months ended on March 31st 2019 at Rs 2.36 million, down by 27% YOY. The decline in profits are  mainly attributable

Pakistan’s equity market; A house of cards

April 16, 2019 (MLN): Following a bullish session yesterday, the KSE-100 index ended second day of the week on a lackluster note by landing in  red zone. After shedding 122 points, the index closed today’s

SBP prompts Bank of Punjab to appoint new President

April 16, 2019 (MLN): The State Bank of Pakistan (SBP) has requested the Bank of Punjab (BOP) to appoint a regular President/CEO at the earliest, as the central reminded through an official notification that further

VIS reaffirms entity ratings of Pak-Gulf Leasing Company

April 16, 2019 (MLN): VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Pak-Gulf Leasing Company Limited (PGLC) at ‘A-/A-2’ (Single A Minus/A-Two). The long term rating of ‘A-’ signifies good credit

Benchmark index bags a steady victory

April 15, 2019 (MLN): The benchmark KSE – 100 index gathered steady momentum as today’s intraday trade progressed, having ascended by 166 points and closing the session at 37,504 points. The index was mainly driven

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