Lahore, July 04, 2023 (PPI-OT): Alhamra Wada Plan (the ‘Fund’) is a very low risk-profile open ended fund. The duration of the Fund is perpetual; however, allocation plan(s) launched by the Management Company (MCB-AH) under this Fund may be perpetual o…
Day: July 4, 2023
Bank Alfalah partners with Aga Khan Foundation to Provide Health Services worth PKR 200 million in Flood-Impacted Areas
Karachi, July 04, 2023 (PPI-OT): Bank Alfalah, one of Pakistan’s leading commercial banks, has partnered with Aga Khan Foundation (AKF) through a donation of PKR 200 million. The funds will be utilised by AKF (Pak), and it’s implementing partners to pr…
Taurus Securities Limited – Market Roundup (04-07-2023)
Karachi, July 04, 2023 (PPI-OT): KSE-100 lost 342 points yesterday, to close at 43,557 with 419Mn shares being traded. Top performance as per price change was witnessed in HGFA, ATRL and UNITY. Top decliners PGLC, GADT and YOUW. Activity was mainly con…
BankIslami Pakistan Achieves AA- Rating, Solidifying Its Position as a Leading Financial Institution
Karachi, July 04, 2023 (PPI-OT): BankIslami, Pakistan’s leading Islamic bank, is delighted to announce that it has been upgraded to an AA- rating. This prestigious rating reaffirms the bank’s commitment to excellence, sound financial management, and it…
AKD Securities Limited – AKD Daily Technical (04 July 2023)
Karachi, July 04, 2023 (PPI-OT): KSE-100 – Winning streak recordedThe index opened with a runaway gap and remained bullish throughout the last trading session. The local bourse posted a high of 2,481pts and concluded with a gain of 2,446pts to settle a…
JS Bank partners with Adal Fintech to launch a digital lending platform for seamless loan management solutions
Karachi, July 04, 2023 (PPI-OT): With the aim to digitize the loan application process for small and medium-sized enterprises (SMEs) in Pakistan, JS Bank has joined forces with Adal Fintech to introduce a digital lending solution to provide credit faci…
VIS Maintained Preference Share Ratings of PGP Consortium Limited
Karachi, July 04, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has maintained the preference share ratings of PGP Consortium Limited (PGPC) at ‘BBB’ (Triple B). Outlook on the assigned ratings has been revised from ‘Rating Watch – Developing’…
ICCI Tourism Summit will be a milestone for the promotion of tourism in northern Regions: Ahsan Zafar Bakhtawari
Islamabad, July 04, 2023 (PPI-OT): President Islamabad Chamber of Commerce and Industry Ahsan Zafar Bakhtawari has said that tourism is among the fastest growing industries in the world. Many countries are earning billions of dollars annually only thro…
JS Securities Limited – Pakistan Market: Technical Outlook (04 July 2023)
Karachi, July 04, 2023 (PPI-OT): KSE-100; Upside to continueBulls continued to dominate the session as KSE-100 index gained 2,446 points to close at 43,899. Volumes improved to 382mn shares from 235mn shares traded previously. The index is expected to …
Jubilee Life Insurance Felicitates Pakistan Contingent for Remarkable Performance at the Special Olympics World Games, Berlin 2023
Karachi, July 04, 2023 (PPI-OT): Jubilee Life Insurance proudly congratulated the Pakistani squad for their outstanding achievements at the Special Olympics World Games 2023 held in Berlin. The athletes showcased their extraordinary talents and determi…