SSGC and SNGP rise 4.98% & 5.00% on the back of new deals

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By MG News | January 08, 2018 at 12:28 PM GMT+05:00

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As reported by MG Link News after the market hours on Friday, Prime Minister Shahid Khaqan Abbasi approved financing plan for 1.2 Billion Cubic Feet per Day (BCFD) capacity RLNG-III pipeline project (Karachi to Lahore) to be undertaken by SSGCL and SNGPL. The ECC directed Petroleum Division to also examine the possibility of Public-Private Partnership for the project.

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Sui Southern Gas Company SSGC gained more than +4.98% reaching its upper lock trading with average volumes of the week.

Sui Northern Gas Company SNGP, the other company that is part of the 39 billion Rupees project, also attracted a lot of interest from investors as it gained +5.00% within the first three hours of trading.  

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KSE30 40,759.14
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KMI30 192,712.51
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KMIALLSHR 55,939.47
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Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,675.00 108,880.00
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0.20%
BRENT CRUDE 69.44 69.50
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0.00
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ROTTERDAM COAL MONTHLY 106.00 106.75
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USD RBD PALM OLEIN 998.50 998.50
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SUGAR #11 WORLD 16.25 16.46
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