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Category: Business

AKD Securities Limited – AKD Daily Technical (12 July 2023)

Karachi, July 12, 2023 (PPI-OT): KSE-100 – Upward ride continuesMarket View – TechnicalThe index opened on a positive note and remained bullish throughout the last trading session. The local bourse posted a high of 665pts and concluded with a gain of 5…

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…

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…