FLASHNEWS:

Day: May 19, 2023

Taurus Securities Limited – Market Roundup (19 May 2023)

Karachi, May 19, 2023 (PPI-OT): KSE-100 lost 392 points yesterday, to close at 41,442 with 101Mn shares being traded. Top performance as per price change was witnessed in PSEL, NESTLE and FHAM. Top decliners HGFA, BNWM and TRG. Activity was mainly conc…

AKD Securities Limited – Stock Smart (19 May 2023)

Karachi, May 19, 2023 (PPI-OT): Weekly ReviewMarket remained volatile throughout the week. The week started off on a positive note, as the unrest in the country seemed to have subsided after the release of Imran Khan. While as the week progressed, news…

VIS Maintains Entity Ratings of The Searle Company Limited

Karachi, May 19, 2023 (PPI-OT): VIS Credit Rating Company Ltd. (VIS) has maintained the entity ratings of The Searle Company Limited at ‘AA-/A-1’. The long-term rating of ‘AA-‘ reflects high credit quality. Protection factors are strong. Risk is modest…

VIS Maintains Entity Ratings of J.K Spinning Mills Limited

Karachi, May 19, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has maintained entity ratings of J.K Spinning Mills Limited (JKSM) at ‘A-/A-1’ (Single A Minus/A-One). Medium to long-term rating of ‘A-’ reflects good credit quality, with adequat…

PEACE Cable Intl. Calls on Jazz

Lahore, May 19, 2023 (PPI-OT): A high-level delegation from PEACE Cable International Network CO., LTD. (the parent company of PEACE submarine cable system) visited Jazz digital headquarters. Aamir Ibrahim, CEO Jazz, and Ma Yanfeng, VP Hengtong Group, …

K-Electric organized facilitation camp in Malir

Karachi, May 19, 2023 (PPI-OT): As part of its effort to offer maximum convenience to its consumers and ensure uninterrupted power supply to the city, K-Electric continues to take various measures, including setting up facilitation camps, conducting an…