Lahore, June 12, 2023 (PPI-OT): Orient Power Company (Private) Limited (Orient Power or the Company) has been established to set up and operate, combined cycle dual fuel, 212.7 MW net power generation plant, for generation of electricity and onward sal…
Day: June 12, 2023
VIS Maintains Entity Ratings of At-Tahur Limited
Karachi, June 12, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has maintained the entity ratings of At-Tahur Limited (ATL) at ‘A-/A-2’ (Single A Minus/A-Two). The medium to long-term rating of ‘A-’ denotes good credit quality; protection fact…
Government’s decision to promote agriculture lauded
Karachi, June 12, 2023 (PPI-OT): Former Vice President of the FPCCI, Atif Ikram Sheikh on Monday lauded the measures taken in the budget for the development of the agriculture sector. “The agriculture sector has been continuously falling for a decade, …
Budget seeks to grow the economy by borrowing
Islamabad, June 12, 2023 (PPI-OT): Saifuddin Sheikh, Executive Director of Pakistan Economy Watch (PEW) said on Monday the budget attempts to develop the economy through borrowing which is not a good option. Almost all the tax revenue will be spent on …
Karandaaz and Vizpro Announce Strategic Partnership to Accelerate Digitization of Retailer to Distributor Payments in Pakistan
Islamabad, June 12, 2023 (PPI-OT): Karandaaz, a prominent organization at the forefront of promoting financial inclusion and driving digital transformation in Pakistan, is pleased to announce its strategic partnership with Vizpro, a leading player in t…
JS Securities Limited – Pakistan Market: Technical Outlook (12 June 2023)
Karachi, June 12, 2023 (PPI-OT): KSE-100; Consolidation likelyKSE-100 index showed positive movement on Friday to close at 41,904, up 218 points. Volumes stood at 165mn shares versus 204mn shares traded previously. The index is expected to re-test resi…
Taurus Securities Limited – Market Roundup (12 June 2023)
Karachi, June 12, 2023 (PPI-OT): KSE-100 up 218 points yesterday, to close at 41,904 with 164Mn shares being traded. Top performance as per price change was witnessed in PGLC, COLG and ILP. Top decliners UPFL, SHEL and FHAM. Activity was mainly concent…
AKD Securities Limited – AKD Technical Daily (12 June 2023)
Karachi, June 12, 2023 (PPI-OT): KSE-100 – Trading above middle Bollinger BandThe index opened on a positive note and remained volatile throughout the last trading session. The local bourse posted a low of 9pts, a high of 245pts and concluded with a ga…
Systems Limited and IBM Showcase Cutting-Edge Technology at ‘Go Limitless’
Karachi, June 12, 2023 (PPI-OT): Systems Limited, in collaboration with its partner IBM, hosted Go Limitless, an event focused on business automation, API-led integration, advanced analytics and AI Ops. At Go Limitless, business leaders and technology …