Islamabad, June 20, 2023 (PPI-OT):President Islamabad Chamber of Commerce Ahsan Zafar Bakhtawari has said that the construction sector in Pakistan has performed excellent services for the last two decades. While this sector has supported the government…
Day: June 20, 2023
Pakistan has no choice except to postpone debt payments
Islamabad, June 20, 2023 (PPI-OT): Former President of Islamabad Chamber of Commerce and Industry (ICCI) Dr. Shahid Rasheed Butt said on Tuesday said that Pakistan has no option but to seek respite from debt repayment. If China, Saudi Arabia and other …
FrieslandCampina Engro Pakistan Limited Partner to Unleash Vast Potential of Dairy Farming in Pakistan
Karachi, June 20, 2023 (PPI-OT): FrieslandCampina Engro Pakistan Limited (FCEPL) and NEDAP, a multinational technology company in the Netherlands, join forces to harness the huge potential of the Pakistani dairy sector with the aim of boosting the oper…
VIS Withdraws Entity Ratings of Askari General Insurance Company Limited
Karachi, June 20, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has withdrawn the entity ratings of ‘AA+ (IFS)’ (Double A plus) with ‘Stable’ outlook assigned to Askari General Insurance Company Limited, with immediate effect, due to non-renew…
Pakistan Stock Exchange Limited Market Position on 20-06-2023
Karachi, June 20, 2023 (PPI-OT): DAILY STOCK MARKET REPORT Market Position Printed On JUN-20-2023COMPANIES KSE KSE-30 …
VIS Withdraws Broker Management Rating of Foundation Securities (Private) Limited
Karachi, June 20, 2023 (PPI-OT): VIS Credit Rating Company Ltd. (VIS) has withdrawn Broker Management Rating assigned to Foundation Securities (Private) Limited (FSPL) with immediate effect due to management’s decision to discontinue rating. Previous r…
With PTI fading, ruling coalition’s differences become more apparent
Islamabad, June 20, 2023 (PPI-OT): Saifuddin Sheikh, Executive Director of Pakistan Economy Watch (PEW) on Tuesday said the ruling coalition has taken a sigh of relief after the threat of PTI has been removed. Now the coalition partners have started pu…
PACRA assigns Preliminary rating to Kashf Foundation | PPTFC | PKR 2.5bln | TBI
Lahore, June 20, 2023 (PPI-OT): Kashf Foundation is in the process to issue Rated, Secured, Privately Placed, DSLR Listed Term Finance Certificates amounting up to PKR 2.5bln to expand the micro-infrastructure finance. PPTFC is the first gender bond be…
Strengthening Ties with PARCO – Descon Engineering Awarded MCR Project
Lahore, June 20, 2023 (PPI-OT): Descon Engineering’s Industrial Services Division has been awarded an extension of the Maintenance Services for MCR by PARCO. This is the 2nd consecutive year that Descon has won the opportunity to continue providing ser…
JS Securities Limited – Pakistan Market: Technical Outlook (20-June-2023)
Karachi, June 20, 2023 (PPI-OT): KSE-100 fall below 50-DMA and 200-DMA; NegativeKSE-100 index witnessed another negative session to close at 40,621, down 680 points DoD. Volumes stood at 180mn shares versus 156mn shares traded previously. The index has…