Faisalabad, July 12, 2023 (PPI-OT): Chairman Faisalabad Electric Supply Company FESCO/WAPDA Malik Tahsin Awan has said that on the special directives of the Prime Minister of Pakistan, the speed of electrical development work is being accelerated in th…
Day: July 12, 2023
PDM differences can result in instability
Karachi, July 12, 2023 (PPI-OT): Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Wednesday that differe…
JS Securities Limited – Pakistan Market: Technical Outlook (12 July 2023)
Karachi, July 12, 2023 (PPI-OT): KSE-100 in an overbought region; stay cautiousKSE-100 index witnessed another positive session to close at 45,156, up 571 points DoD. Volumes stood at 555mn shares versus 440mn shares traded previously. The index is lik…
VIS Assigns Initial Entity Rating to Gamalux Oleochemicals Limited
Karachi, July 12, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has assigned initial entity rating of ‘A-/A-2’ (Single A Minus/ A-Two) to Gamalux Oleochemicals Limited (GOL). The medium to long-term rating of ‘A-’ signifies good credit quality…
Power supply to Karachi remained stable during rains
Karachi, July 12, 2023 (PPI-OT): Power supply to the city remained stable during the first scattered showers of the monsoon spell.KE teams are closely monitoring the situation and remain in touch with key departments including met department. The staff…
Daraz Pakistan Earns Three ISO Certifications, Highlighting Commitment to Excellence
Karachi, July 12, 2023 (PPI-OT): Daraz Pakistan, the country’s leading e-commerce platform, has announced the achievement of receiving three prestigious ISO certifications. This recognition underscores Daraz’s unwavering commitment to delivering top-no…
VIS Reaffirms Entity Ratings of Chiniot Textile Mills Limited
Karachi, July 12, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Chiniot Textile Mills Limited (CTML) at ‘BBB/A-2’ (Triple B/A-Two). Long-term rating of ‘BBB’ signifies adequate credit quality with reasonabl…
Regular bill payment only solution to reduce loadshed
Karachi, July 12, 2023 (PPI-OT): KE today strongly condemned the damage to property during a protest at KE’s head office. The company spokesperson further thanked the law-enforcement agencies who played their role in supporting the company to peacefull…
Pakistan Stock Exchange Limited Market Position on 12-07-2023
Karachi, July 12, 2023 (PPI-OT): DAILY STOCK MARKET REPORT Market Position as of July 12, 2023COMPANIES KSE …
VIS Reaffirms Entity Ratings of Sheikhupura Textile Mills Limited
Karachi, July 12, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Sheikhupura Textile Mills Limited (STML) at ‘BBB/A-2’ (Triple B/A-Two). Long-term rating of ‘BBB’ signifies adequate credit quality with reaso…