FLASHNEWS:

Month: April 2023

JS Securities Limited – JS Research (April 28, 2023)

Karachi, April 28, 2023 (PPI-OT): Apr-23: Higher food prices to fuel another record CPIWe preview Apr-2023 CPI, where we expect the data point to clock in at a record-high of 36.9%, as current workings suggest another higher sequential increase of 2.8%…

Taurus Securities Limited – Market Roundup (April 28, 2023)

Karachi, April 28, 2023 (PPI-OT): KSE-100 gained 364 points yesterday, to close at 41,464 with 169Mn shares being traded. Top performance as per price change was witnessed in PSEL, SRVI and POML. Top decliners FCEPL, GLAXO and ATRL. Activity was mainly…

Revolt against US dollar gaining momentum

Islamabad, April 28, 2023 (PPI-OT):Former President of Islamabad Chamber of Commerce and Industry (ICCI) Dr. Shahid Rasheed Butt on Friday said revolt against the US dollar, global reserve currency, is gaining momentum. BRICS, a group of five of the le…

PACRA Maintains Entity Ratings of Jhimpir Power (Private) Limited

Lahore, April 28, 2023 (PPI-OT): Jhimpir Power Private Limited (JPL) is operating a 49.735MW wind power plant, located in Jhimpir, District Thatta, Sindh. The project is established under the Renewable Energy Policy 2006 by the Alternative Energy Devel…

PTCL Group Celebrates the #TayyarHo Anthem!

Islamabad, April 28, 2023 (PPI-OT):Pakistan’s largest telecom and integrated ICT services provider, PTCL Group (PTCL and Ufone 4G) has launched its first-ever Group Anthem #TayyarHo showcasing the employees’ commitment to serve customers with unparalle…

PACRA Maintains Entity Ratings of Hawa Energy Private Limited

Lahore, April 28, 2023 (PPI-OT):Hawa Energy Private Limited (HEPL) is operating a 49.735MW wind power plant, located in Jhimpir, District Thatta, Sindh. The project is established under the Renewable Energy Policy 2006 by the Alternative Energy Develop…

VIS Revises Entity Ratings of NRSP Microfinance Bank Limited

Karachi, April 28, 2023 (PPI-OT):VIS Credit Rating Company Limited (VIS) has revised the entity ratings of NRSP Microfinance Bank Limited (‘NRSPB’ or ‘the Bank’) to ‘BBB+/A-2’ (Triple B Plus/A-Two) from ‘A-/A-1’ (Single A Minus/A-One). The long-term ra…