kel News
PSX adds OGDC, Attock Refinery in JS Momentum Index
Pakistan Stock Exchange has reconstituted its JS Momentum Factor Index (JSMFI), adding six companies, including Oil & Gas Development Company Ltd. and K-Electric Ltd., while removing names such as Pakistan Telecommunication Company Ltd. and Maple Leaf Cement Factory Ltd., according to a notice issued by the bourse.
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K-Electric CEO cleared, Ombudsman order is set aside
Provincial Ombudsman Sindh’s order against the chief executive officer of K-Electric Limited (PSX: KEL) has been set aside, bringing a decisive close to a high-profile legal chapter that had lingered over Pakistan’s largest power utility for months, according to a filing with the Pakistan Stock Exchange.
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Legal cloud lifts over K-Electric after suit withdrawal
K-Electric Limited (KE) and its majority shareholder, KES Power Limited (KESP), were cleared of legal claims after plaintiffs Al Jomaih Power and Denham Investment withdrew their suit, the company said in a filing to the Pakistan Stock Exchange.
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K-Electric not involved in shareholder arbitration
K-Electric Limited (PSX: KEL) received an arbitration notice from its indirect shareholders to the Government of Pakistan through the Attorney General’s office. K-Electric is not a party to the arbitration, and no claims have been made against the company.
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K-Electric reviewing viability after major tariff cut, Says CEO
Following NEPRA’s extensive revisions to K-Electric’s Multi-Year Tariff (MYT) for FY2024–30, the utility’s Chief Executive Officer, Syed Moonis Abdullah Alvi, has voiced serious concerns over the “large-scale reductions and modifications” made to the framework within just a few months of its original issuance.
Go to article| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 180,512.65 448.22M | -1.39% -2537.16 |
| ALLSHR | 108,400.67 868.95M | -1.31% -1441.30 |
| KSE30 | 55,207.56 114.28M | -1.38% -773.10 |
| KMI30 | 255,372.52 163.47M | -1.65% -4292.29 |
| KMIALLSHR | 69,728.20 559.75M | -1.31% -922.50 |
| BKTi | 52,173.33 27.19M | -1.16% -613.90 |
| OGTi | 35,348.89 25.23M | -2.28% -823.86 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 67,900.00 | 68,520.00 66,735.00 | 185.00 0.27% |
| BRENT CRUDE | 68.95 | 69.85 68.66 | -0.45 -0.65% |
| RICHARDS BAY COAL MONTHLY | 96.00 | 0.00 0.00 | 0.25 0.26% |
| ROTTERDAM COAL MONTHLY | 103.70 | 104.50 103.55 | 0.90 0.88% |
| USD RBD PALM OLEIN | 1,071.50 | 1,071.50 1,071.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 64.25 | 65.10 63.96 | -0.38 -0.59% |
| SUGAR #11 WORLD | 13.80 | 13.92 13.67 | -0.04 -0.29% |
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