MUGHAL bolsters portfolio with Mughal Energy acquisition

14:50
November 30, 2023

November 30, 2023 (MLN): Mughal Iron & Steel Industries Limited (PSX: MUGHAL) has completed the acquisition of Mughal Energy Limited (MEL), marking a significant strategic move in the industry, the company’s filing on PSX showed today.

Accordingly, MEL is now the company's wholly-owned subsidiary with effect from November 30, 2023. This will further enhance the strategic and competitive positioning of the company.

Land and hybrid power plant had already been procured and imported by MEL, whereas, a local contract for the civil work, errection and installation has also been awarded.

The plant is expected to be commissioned within 18 months from the construction start date, which was started recently.

Copyright Mettis Link News

Posted on: 2023-11-30T14:40:18+05:00

FOREX

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COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.45000	278.65000	278.65000	278.45000	01:13 PM
2	EUR	1.08930	1.08960	1.08960	1.08930	05:36 AM
3	GBP	1.27030	1.27050	1.27050	1.27030	05:36 AM
4	CHF	0.91168	0.91216	0.91216	0.91168	05:46 AM
5	JPY	155.66000	155.69000	155.69000	155.66000	05:36 AM
6	CAD	1.36140	1.36190	1.36190	1.36140	05:36 AM
7	AUD	0.66990	0.67030	0.67030	0.66990	05:36 AM
8	INR	83.29860	83.29910	83.29910	83.29860	08:00 PM
9	SAR	3.75030	3.75050	3.75050	3.75030	02:47 PM
10	AED	3.67290	3.67320	3.67320	3.67290	01:59 AM
11	HKD	7.80230	7.80300	7.80300	7.80230	05:36 AM
12	CNH	7.23070	7.23270	7.23270	7.23070	04:10 AM
13	CNY	7.22340	7.22520	7.22520	7.22340	11:48 PM
14	THB	36.29500	36.34500	36.34500	36.29500	04:10 AM
15	MYR	4.68500	4.69000	4.69000	4.68500	08:00 PM
16	IDR	15,920.30000	16,008.70000	16,008.70000	15,920.30000	04:17 AM
17	SGD	1.34550	1.34650	1.34650	1.34550	05:36 AM
18	NZD	0.61320	0.61370	0.61370	0.61320	04:20 AM
19	MXN	16.59460	16.62260	16.62260	16.59460	05:36 AM
20	TRY	32.24140	32.24540	32.24540	32.24140	04:10 AM
21	SEK	10.46910	10.96490	10.96485	10.46912	05:36 AM
22	ZAR	18.15820	18.50100	18.50097	18.15820	05:36 AM
23	NOK	10.57670	10.90460	10.90459	10.57671	05:36 AM
24	DKK	6.86410	6.86510	6.86510	6.86410	04:20 AM
25	ARS	881.53000	881.67700	881.67684	881.52999	05:47 AM
26	BDT	114.83600	118.14100	118.14052	114.83640	04:10 AM
27	BHD	0.37695	0.37700	0.37700	0.37695	09:32 PM
28	BRL	5.10310	5.10610	5.10610	5.10310	04:17 AM
29	KRW	1,353.49000	1,355.29000	1,355.29000	1,353.49000	04:17 AM
30	KWD	0.30696	0.30756	0.30756	0.30696	07:54 PM
31	LKR	294.92900	301.35400	301.35368	294.92901	04:10 AM
32	OMR	0.38471	0.38521	0.38521	0.38471	01:57 AM
33	QAR	3.64400	3.64700	3.64700	3.64400	01:59 AM
34	RUB	90.87000	90.91000	90.91000	90.87000	08:00 PM
35	AFN	70.56120	72.39690	72.39686	70.56124	04:10 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:12 AM
37	TMT	3.35000	3.65000	3.65000	3.35000	08:00 PM
38	MVR	15.26000	15.66000	15.66000	15.26000	08:00 PM
39	UZS	12,620.80000	12,685.10000	12,685.05346	12,620.80676	04:10 AM
40	PHP	57.65700	58.04300	58.04300	57.65700	08:00 PM
42	NGN	1,469.50000	1,470.50000	1,470.50000	1,469.50000	08:00 PM
43	KES	128.43800	131.19200	131.19178	128.43835	04:10 AM
44	AMD	358.49700	413.56500	413.56523	358.49663	04:10 AM
45	TWD	32.16480	32.19480	32.19480	32.16480	04:17 AM
46	XAU	2,413.06000	2,414.81000	2,414.81000	2,413.06000	04:19 AM
47	XAG	31.39720	31.46080	31.46080	31.39720	04:19 AM
48	XPT	1,080.80000	1,089.80000	1,089.80000	1,080.80000	02:00 AM
49	XPD	1,008.57000	1,014.22000	1,014.22000	1,008.57000	02:00 AM
2,120	VES	36.53490	36.62660	36.62656	36.53493	08:00 PM
2,212	UGX	3,708.87000	3,791.47000	3,791.47354	3,708.87063	04:10 AM
2,213	TZS	2,535.54000	2,627.32000	2,627.32321	2,535.54220	04:10 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	75,401.12	75,342.346	74,947.71	411.647	0.549	188,724,737.0	10,794,119,010.980	17/05/2024 05:12 PM
ALLSHR	48,807.14	48,769.459	48,569.78	232.516	0.479	496,551,417.0	17,628,388,996.920	17/05/2024 05:12 PM
KSE30	24,250.19	24,214.289	24,115.01	68.600	0.284	83,749,804.0	7,299,349,871.180	17/05/2024 05:12 PM
KMI30	124,499.58	124,073.598	123,588.39	577.661	0.468	115,584,298.0	6,628,115,990.660	17/05/2024 05:12 PM
KMIALLSHR	34,853.66	34,803.012	34,601.31	229.583	0.664	301,521,687.0	13,083,340,734.470	17/05/2024 05:12 PM
BKTi	18,640.08	18,555.775	18,385.35	-28.304	-0.152	10,145,516.0	1,626,001,821.630	17/05/2024 05:12 PM
OGTi	17,931.76	17,849.852	17,747.27	38.860	0.218	7,146,222.0	1,031,531,203.480	17/05/2024 05:12 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	67,260.0	67,865.0	65,345.0	1,815.00
BRENT CRUDE	EB	84.0	84.0	83.1	0.73
RICHARDS BAY COAL MONTHLY	EF	101.9	0.0	0.0	-4.60
ROTTERDAM COAL MONTHLY	ET	105.0	106.5	105.0	-1.45
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	78.2	80.0	78.1	-1.06
SUGAR #11 WORLD	SB	18.1	18.5	18.1	-0.23

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