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Jan 22, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Markets » Mutual Funds

Yields spike after weak seven-year auction
Mutual Funds

Yields spike after weak seven-year auction

  • A short burst of selling on Thursday morning was also seen with a brief spike in trading volumes in long-dated Treasury futures, while the five-year, 30-year Treasury yield curve steepened relatively sharply.
Published 26 Mar, 2021 11:19am
Yields ease on expectations for lower debt supply
Mutual Funds

Yields ease on expectations for lower debt supply

  • The 10-year Treasury Inflation-Protected Securities' breakeven inflation rate, which briefly slipped below 2% last week, was last at 2.024%, indicating the market expects inflation to average more than 2% a year for the next decade, above the current pace of inflation.
Published 02 Feb, 2021 11:30am
Tesla market value crosses $500bn in meteoric rally
Mutual Funds

Tesla market value crosses $500bn in meteoric rally

  • The California electric carmaker's stock rose nearly 5%, putting its market capitalization at $519 billion.
  • Tesla has become by far the world's most valuable automaker, despite production that is a fraction of Toyota Motor Corp , Volkswagen or General Motors Co.
Published 25 Nov, 2020 12:30am
Atlas Battery Limited
Mutual Funds

Atlas Battery Limited

Atlas Battery Limited (PSX: ATBA) was established in 1966 as a public limited company. It manufactures and sells...
Published 18 Nov, 2020 07:45am
China stocks decline
Stocks

China stocks decline

SHANGHAI: China stocks ended lower on Tuesday, weighed by losses in healthcare stocks on concerns over lofty...
Published 18 Nov, 2020 02:48am
Exide Pakistan Limited
Mutual Funds

Exide Pakistan Limited

Exide Pakistan Limited (PSX: EXIDE) was set up as a private limited company in 1953. It was later listed on the...
Published 11 Nov, 2020 07:25am
Buxly Paints Limited
Mutual Funds

Buxly Paints Limited

Buxly Paints Limited (PSX: BUXL) was established back in 1993, before the partition of the subcontinent. In 1948, ...
Published 13 Oct, 2020 07:30am
The Rise of Mutual Funds
Mutual Funds

The Rise of Mutual Funds

Stock market is an interesting beast with so many variables and forces at play impacting the poor old KSE 100 index....
Published 06 Oct, 2020 03:48pm
Analysing the Roshan Digital Accounts
Mutual Funds

Analysing the Roshan Digital Accounts

The launching of the Roshan Digital Accounts is a very good initiative and the State Bank must ensure that this turns out to be a success. In order to resolve the issues that are being faced by the NPRs, State Bank needs to improve their communication strategy so that all the concerns are addressed.
Updated 05 Oct, 2020 03:39pm
China stocks rise
Stocks

China stocks rise

SHANGHAI: Chinese stocks closed higher on Tuesday with tech shares leading the gains, buoyed by hopes of a sustained...
Published 30 Sep, 2020 02:42am
Nikkei surges
Stocks

Nikkei surges

TOKYO: Japanese shares closed higher on Monday following bigger appetite for stocks that were set to go ex-dividend...
Published 29 Sep, 2020 02:57am
Security Papers Limited
Mutual Funds

Security Papers Limited

Security Papers Limited (PSX: SEPL) was established in 1965 as a private company. It was converted into a public...
Published 23 Sep, 2020 07:36am
Retail investors
Mutual Funds

Retail investors

Quoting Hugo, who famously said ‘no army can stop an idea whose time has come’, Ali Farid Khwaja, Director at...
Published 24 Jun, 2020 08:17am
Kohat Cement Limited (KOHC)
Mutual Funds

Kohat Cement Limited (KOHC)

Kohat Cement (PSX: KOHC) is by far one of the strongest cement players in the industry and its consistent growth, strong demand in the market and good management has given the company a leg up.
Published 08 Oct, 2019 12:00am
Kohat Cement Limited (KOHC)
Mutual Funds

Kohat Cement Limited (KOHC)

Kohat Cement (PSX: KOHC) is by far one of the strongest cement players in the industry and its consistent growth, strong demand in the market and good management has given the company a leg up.
Published 08 Oct, 2019 12:00am
PSX remains under pressure in Q1FY20
Mutual Funds

PSX remains under pressure in Q1FY20

Pakistan Stock Exchange remained under pressure during the first quarter of FY20 as it declined by 5.4 percent on quarter-on-quarter basis. During the start of quarter, IMF approved $6.6 billion EFF arrangement which led index to gain 3.0 percent in first
Published 01 Oct, 2019 12:00am
PSX remains under pressure in Q1FY20
Mutual Funds

PSX remains under pressure in Q1FY20

Pakistan Stock Exchange remained under pressure during the first quarter of FY20 as it declined by 5.4 percent on quarter-on-quarter basis. During the start of quarter, IMF approved $6.6 billion EFF arrangement which led index to gain 3.0 percent in first
Published 01 Oct, 2019 12:00am
Hascol Petroleum Limited
Mutual Funds

Hascol Petroleum Limited

Hascol Petroleum Limited (PSX: HASCOL) was incorporated as a private limited company on March 28, 2001 and was converted into a public unlisted company in 2007, while in 2014 Hascol was listed on Pakistan Stock Exchange Limited. The firm was granted an Oi
Published 01 Oct, 2019 12:00am
MapleLeaf Cement Factory Limited
Mutual Funds

MapleLeaf Cement Factory Limited

In 1956, the West Pakistan Industrial Development Corporation (WPIDC) established MapleLeaf Cement (PSX: MLCF) with an initial production capacity of 300,000 tons per annum. Later it was merged by the State Cement Corporation of Pakistan (SCCP) with White
Published 26 Sep, 2019 12:00am
MapleLeaf Cement Factory Limited
Mutual Funds

MapleLeaf Cement Factory Limited

In 1956, the West Pakistan Industrial Development Corporation (WPIDC) established MapleLeaf Cement (PSX: MLCF) with an initial production capacity of 300,000 tons per annum. Later it was merged by the State Cement Corporation of Pakistan (SCCP) with White
Updated 26 Sep, 2019 09:50am
Interloop Limited
Mutual Funds

Interloop Limited

Interloop (PSX: ILP) commenced operations in 1992 as a private limited company and subsequently it was converted into public limited company on 18th July, 2008. The company through an Initial public offering (free float of 12.5 percent) was later listed o
Published 25 Sep, 2019 12:00am
Interloop Limited
Mutual Funds

Interloop Limited

Interloop (PSX: ILP) commenced operations in 1992 as a private limited company and subsequently it was converted into public limited company on 18th July, 2008. The company through an Initial public offering (free float of 12.5 percent) was later listed o
Updated 26 Sep, 2019 09:58am
SECP approves revision in NCCPL, CDC tariff structures
Mutual Funds

SECP approves revision in NCCPL, CDC tariff structures

The Securities and Exchange Commission of Pakistan (SECP), in view to foster capital market development and broadening investor base, has approved revision in tariff structures of National Clearing Company of Pakistan Limited (NCCPL) and Central Depositor
Published 24 Sep, 2019 12:00am
Investors move back into US stock funds
Mutual Funds

Investors move back into US stock funds

Investors ended a 3-week retreat from Wall Street last week by sending nearly $8.6 billion into mutual funds and exchange-traded funds that hold US stocks, according to data released Wednesday by the Investment Company Institute.
Published 22 Sep, 2019 12:00am
Investors move back into US stock funds
Mutual Funds

Investors move back into US stock funds

Investors ended a 3-week retreat from Wall Street last week by sending nearly $8.6 billion into mutual funds and exchange-traded funds that hold US stocks, according to data released Wednesday by the Investment Company Institute.
Published 22 Sep, 2019 12:00am
All NIT branches go online
Mutual Funds

All NIT branches go online

Pakistan's first and largest asset management company, National Investment Trust Ltd (NITL) has announced that all branches of NIT are now online, with the objective of expanding its outreach to the investors and providing convenience to their unit holder
Published 21 Sep, 2019 12:00am
Bestway Cement Limited
Mutual Funds

Bestway Cement Limited

Bestway Cement Limited (PSX: BWCL) is a market leader in the cement industry, not only in terms of capacity but also in terms of sales. In FY18, the company had 18.6 percent share in the market, which dropped slightly to 18.1 percent in FY19 but still com
Published 17 Sep, 2019 12:00am
KSE-100 Index keeps rising: BRIndex100 extends rally
Mutual Funds

KSE-100 Index keeps rising: BRIndex100 extends rally

A bullish trend continued on the Pakistan Stock Exchange Thursday. The KSE-100 Index closed on a strong positive note with healthy gains on the back of fresh buying in almost all sectors. BRIndex100 gained 75.08 points or 2.33 percent to close at 3,302.79
Updated 13 Sep, 2019 04:38am
KSE-100 Index keeps rising: BRIndex100 extends rally
Mutual Funds

KSE-100 Index keeps rising: BRIndex100 extends rally

A bullish trend continued on the Pakistan Stock Exchange Thursday. The KSE-100 Index closed on a strong positive note with healthy gains on the back of fresh buying in almost all sectors. BRIndex100 gained 75.08 points or 2.33 percent to close at 3,302.79
Published 13 Sep, 2019 12:00am
KSE-100 Index keeps rising: BRIndex100 extends rally
Mutual Funds

KSE-100 Index keeps rising: BRIndex100 extends rally

A bullish trend continued on the Pakistan Stock Exchange Thursday. The KSE-100 Index closed on a strong positive note with healthy gains on the back of fresh buying in almost all sectors. BRIndex100 gained 75.08 points or 2.33 percent to close at 3,302.79
Published 13 Sep, 2019 12:00am
KSE-100 Index down 11 percent YTD
Mutual Funds

KSE-100 Index down 11 percent YTD

Despite some brief flashes of characteristic brilliance (in mid-August), the KSE-100 Index has declined by 11 percent during year-to-date (YTD) FY20, analysts said. Among the major sectors, oil and gas upstream and downstream were the worst performers, wi
Published 08 Sep, 2019 12:00am
KSE-100 Index down 11 percent YTD
Mutual Funds

KSE-100 Index down 11 percent YTD

Despite some brief flashes of characteristic brilliance (in mid-August), the KSE-100 Index has declined by 11 percent during year-to-date (YTD) FY20, analysts said. Among the major sectors, oil and gas upstream and downstream were the worst performers, wi
Published 08 Sep, 2019 12:00am
KSE-100 Index down 11 percent YTD
Mutual Funds

KSE-100 Index down 11 percent YTD

Despite some brief flashes of characteristic brilliance (in mid-August), the KSE-100 Index has declined by 11 percent during year-to-date (YTD) FY20, analysts said. Among the major sectors, oil and gas upstream and downstream were the worst performers, wi
Published 08 Sep, 2019 12:00am
Years of forex market calm sends currency funds to the wall
Mutual Funds

Years of forex market calm sends currency funds to the wall

The Chinese yuan's tumble is stirring hopes of a long-awaited volatility boost for forex markets but any rise will be too late for the currency funds that have shut down this year, and it may be too small to hold out much hope for those that remain. Curre
Published 07 Sep, 2019 12:00am
SBP fears further economic slowdown
Mutual Funds

SBP fears further economic slowdown

The State Bank of Pakistan (SBP) on Thursday said that the necessary stabilization measures may further slow down the pace of economic activity and the external account imbalances and related uncertainties are likely to have repercussions for the financia
Published 06 Sep, 2019 12:00am
SBP fears further economic slowdown
Mutual Funds

SBP fears further economic slowdown

The State Bank of Pakistan (SBP) on Thursday said that the necessary stabilization measures may further slow down the pace of economic activity and the external account imbalances and related uncertainties are likely to have repercussions for the financia
Published 06 Sep, 2019 12:00am
Pakgen Power Limited
Mutual Funds

Pakgen Power Limited

Pakgen Power Limited (PSX: PKGP) is an IPP with principal activity to own, operate and maintain a 365MW oil fired power station in Muzaffargarh, Punjab. It was incorporated in 1995 with head office in Lahore. Its commercial operations started in early 199
Published 05 Sep, 2019 12:00am
Pakgen Power Limited
Mutual Funds

Pakgen Power Limited

Pakgen Power Limited (PSX: PKGP) is an IPP with principal activity to own, operate and maintain a 365MW oil fired power station in Muzaffargarh, Punjab. It was incorporated in 1995 with head office in Lahore. Its commercial operations started in early 199
Updated 05 Sep, 2019 06:09am
Matco Foods Limited
Mutual Funds

Matco Foods Limited

Matco Foods Limited (PSX: MFL) was incorporated as a private limited company under the repealed Companies Ordinance, 1984 (now Companies Act, 2017), on April 14, 1990. It was converted into a public limited company in July 2017, finally applying for listi
Published 04 Sep, 2019 12:00am
Gadoon Textiles Mills Limited
Mutual Funds

Gadoon Textiles Mills Limited

Gadoon textile Mills Limited (PSX: GADT) was incorporated in 1988 by Yunus Brothers Group (YBG) as a yarn producing spinning mill. YBG is a conglomerate with domestic presence, formed in 1962 as a trading house, which over the course of four decades ventu
Published 03 Sep, 2019 12:00am
EFU General Insurance Limited
Mutual Funds

EFU General Insurance Limited

Being among the pioneering and leading insurance companies, EFU General Insurance Limited (PSX: EFUG) has come out well amid increased competition in the general insurance segment. The firm was incorporated in 1932 and is part of the largest insurer group
Published 29 Aug, 2019 12:00am
The Premier Sugar Mills & Distillery Company Limited
Mutual Funds

The Premier Sugar Mills & Distillery Company Limited

Premier Sugar Mills & Distillery Company Limited (PSX: PMRS) was incorporated as a public company is the second sugar mill to be incorporated in the region that came to be known as West Pakistan. The sugar factory and registered offices are located in dis
Published 27 Aug, 2019 12:00am
The Premier Sugar Mills & Distillery Company Limited
Mutual Funds

The Premier Sugar Mills & Distillery Company Limited

Premier Sugar Mills & Distillery Company Limited (PSX: PMRS) was incorporated as a public company is the second sugar mill to be incorporated in the region that came to be known as West Pakistan. The sugar factory and registered offices are located in dis
Published 27 Aug, 2019 12:00am
Cherat Cement Company Limited
Mutual Funds

Cherat Cement Company Limited

CHCC) started as a small cement firm with a production capacity of 1100 tons per day (about 300,000 tons annually). After going through a series of expansions with the line-II and line-III added during FY17 and FY19-the third production line has 2 million
Published 21 Aug, 2019 12:00am
Dewan Sugar Mills Limited
Mutual Funds

Dewan Sugar Mills Limited

Introduction Dewan Sugar Mills Limited (PSX: DWSM) was incorporated as a public limited company in 1982 and commenced commercial operations in 1987 after listing on the then Karachi and Lahore Stock Exchanges. Its registered offices are located in
Published 20 Aug, 2019 12:00am
Dewan Sugar Mills Limited
Mutual Funds

Dewan Sugar Mills Limited

Introduction Dewan Sugar Mills Limited (PSX: DWSM) was incorporated as a public limited company in 1982 and commenced commercial operations in 1987 after listing on the then Karachi and Lahore Stock Exchanges. Its registered offices are located in
Published 20 Aug, 2019 12:00am
KSE-100 Index dips: BRIndex100 tumbles
Mutual Funds

KSE-100 Index dips: BRIndex100 tumbles

Bearish trend continued on Pakistan Stock Exchange due to panic selling on investors concerns over geopolitical situation. BRIndex100 lost 64.88 points or 2.06 percent to close at 3,084.61 points on Thursday. During the session, the BRIndex-100 touched an
Published 09 Aug, 2019 12:00am
KSE-100 Index dips: BRIndex100 tumbles
Mutual Funds

KSE-100 Index dips: BRIndex100 tumbles

Bearish trend continued on Pakistan Stock Exchange due to panic selling on investors concerns over geopolitical situation. BRIndex100 lost 64.88 points or 2.06 percent to close at 3,084.61 points on Thursday. During the session, the BRIndex-100 touched an
Updated 09 Aug, 2019 04:55am
KSE-100 Index dips: BRIndex100 tumbles
Mutual Funds

KSE-100 Index dips: BRIndex100 tumbles

Bearish trend continued on Pakistan Stock Exchange due to panic selling on investors concerns over geopolitical situation. BRIndex100 lost 64.88 points or 2.06 percent to close at 3,084.61 points on Thursday. During the session, the BRIndex-100 touched an
Published 09 Aug, 2019 12:00am
Lalpir Power Limited
Mutual Funds

Lalpir Power Limited

Lalpir Power Limited (PSX: LPL) It is part of the reputable Mansha Group, which also has power companies like Pakgen Power Limited, Nishat Power Limited and Engen Private Limited as part of its portfolio. It is a power producer with the principal activiti
Published 08 Aug, 2019 12:00am
Lalpir Power Limited
Mutual Funds

Lalpir Power Limited

Lalpir Power Limited (PSX: LPL) It is part of the reputable Mansha Group, which also has power companies like Pakgen Power Limited, Nishat Power Limited and Engen Private Limited as part of its portfolio. It is a power producer with the principal activiti
Published 08 Aug, 2019 12:00am
NBFIs' assets stand at Rs 1.13 trillion
Mutual Funds

NBFIs' assets stand at Rs 1.13 trillion

Total assets of 327 entities operating under Non-Banking Finance Institutions (NBFIs) stood at Rs 1,137.85 billion as on July 1, 2019. According to the latest document of the NBFI industry issued by the SECP here on Tuesday, 23 Asset Management Companies
Published 07 Aug, 2019 12:00am
Exide Pakistan Limited
Mutual Funds

Exide Pakistan Limited

Battery manufacturer, Exide Pakistan (PSX: EXIDE) was incorporated in 1953 in association with Chloride Group PLC of the United Kingdom. The Chloride group had associates worldwide across 35 destinations and was supported by Chloride Technical. Exide Paki
Published 07 Aug, 2019 12:00am
Exide Pakistan Limited
Mutual Funds

Exide Pakistan Limited

Battery manufacturer, Exide Pakistan (PSX: EXIDE) was incorporated in 1953 in association with Chloride Group PLC of the United Kingdom. The Chloride group had associates worldwide across 35 destinations and was supported by Chloride Technical. Exide Paki
Published 07 Aug, 2019 12:00am
Sakrand Sugar Mills Limited
Mutual Funds

Sakrand Sugar Mills Limited

Sakrand Sugar Mills Limited (PSX:SKRS) was the third sugar mill to be established in district Shaheed Benazirabad (formerly Nawabshah) of Sindh province. Incorporated in 1989, it is a mid-sized unit with installed crushing capacity close to 865,000 metric
Published 06 Aug, 2019 12:00am
Sakrand Sugar Mills Limited
Mutual Funds

Sakrand Sugar Mills Limited

Sakrand Sugar Mills Limited (PSX:SKRS) was the third sugar mill to be established in district Shaheed Benazirabad (formerly Nawabshah) of Sindh province. Incorporated in 1989, it is a mid-sized unit with installed crushing capacity close to 865,000 metric
Published 06 Aug, 2019 12:00am
Attock Cement Pakistan Limited
Mutual Funds

Attock Cement Pakistan Limited

Located in Hub, Balochistan, Attock Cement (PSX: ACPL) is one of a mid-range manufacturers of cement with operations established in 1981 and commercial production starting in 1988 with a capacity of 0.6 million tons per annum. Attock's cement is popularly
Updated 01 Aug, 2019 06:40am
Attock Cement Pakistan Limited
Mutual Funds

Attock Cement Pakistan Limited

Located in Hub, Balochistan, Attock Cement (PSX: ACPL) is one of a mid-range manufacturers of cement with operations established in 1981 and commercial production starting in 1988 with a capacity of 0.6 million tons per annum. Attock's cement is popularly
Published 31 Jul, 2019 12:00am
Agriauto Industries Limited
Mutual Funds

Agriauto Industries Limited

A leading automotive parts manufacturer, Agriauto Industries Limited (PSX: AGIL) was incorporated in 1981 and supplies components for automotive vehicles, motorcycles and agricultural tractors to both the original equipment manufacturers (OEM) and the rep
Published 24 Jul, 2019 12:00am
Mutual Funds' investment in money market proliferates
Mutual Funds

Mutual Funds' investment in money market proliferates

The investment of mutual funds industry in the money market is gradually increasing due to attractive margins followed by higher interest rate. Industry sources said that currently, money market not only offering a lucrative profit to Asset Management Com
Published 24 Jul, 2019 12:00am
Mutual Funds' investment in money market proliferates
Mutual Funds

Mutual Funds' investment in money market proliferates

The investment of mutual funds industry in the money market is gradually increasing due to attractive margins followed by higher interest rate. Industry sources said that currently, money market not only offering a lucrative profit to Asset Management Com
Published 24 Jul, 2019 12:00am
Mutual Funds'' investment in money market proliferates
Mutual Funds

Mutual Funds'' investment in money market proliferates

The investment of mutual funds industry in the money market is gradually increasing due to attractive margins followed by higher interest rate. Industry sources said that currently, money market not only offering a lucrative profit to Asset Management Com
Published 24 Jul, 2019 12:00am
Mutual Funds'''' investment in money market proliferates
Mutual Funds

Mutual Funds'''' investment in money market proliferates

The investment of mutual funds industry in the money market is gradually increasing due to attractive margins followed by higher interest rate. Industry sources said that currently, money market not only offering a lucrative profit to Asset Management Com
Published 24 Jul, 2019 12:00am
Hi-Tech Lubricants Limited
Mutual Funds

Hi-Tech Lubricants Limited

Hi-Tech Lubricants Limited (PSX: HTL) is one of the leading synthetic engine and machinery lubricant marketing company of Pakistan with a sizeable market share in lubricants market. Its product portfolio under brand name "ZIC" includes a wide range of spe
Published 23 Jul, 2019 12:00am
Pakistan Refinery Limited
Mutual Funds

Pakistan Refinery Limited

Pakistan Refinery Limited (PSX: PRL) was incorporated as a public limited company in 1960. Located on the coastal belt of Karachi, the refinery is operating at two locations; the main processing unit is located at Korangi Creek with supporting crude berth
Published 22 Jul, 2019 12:00am
Pakistan Refinery Limited
Mutual Funds

Pakistan Refinery Limited

Pakistan Refinery Limited (PSX: PRL) was incorporated as a public limited company in 1960. Located on the coastal belt of Karachi, the refinery is operating at two locations; the main processing unit is located at Korangi Creek with supporting crude berth
Published 22 Jul, 2019 12:00am
Investors wade back into US stocks as S&P 500 hits records
Mutual Funds

Investors wade back into US stocks as S&P 500 hits records

Investors waded back into the US stock market by buying mutual funds and exchange-traded funds that hold domestic stocks last week after pulling out the largest amount of net assets since 2014 the week before, according to data released on Wednesday by th
Published 21 Jul, 2019 12:00am
KSE-100 Index inches up: BRIndex100 ekes out gains
Mutual Funds

KSE-100 Index inches up: BRIndex100 ekes out gains

Pakistan Stock Exchange Tuesday remained under pressure for most of the time, however it managed to close on a positive note due to select buying at the fag end. BRIndex100 gained 5.62 points or 0.16 percent to close at 3,444.63 points. BRIndex100 touched
Published 17 Jul, 2019 12:00am
KSE-100 Index inches up: BRIndex100 ekes out gains
Mutual Funds

KSE-100 Index inches up: BRIndex100 ekes out gains

Pakistan Stock Exchange Tuesday remained under pressure for most of the time, however it managed to close on a positive note due to select buying at the fag end. BRIndex100 gained 5.62 points or 0.16 percent to close at 3,444.63 points. BRIndex100 touched
Published 17 Jul, 2019 12:00am
Loads Limited
Mutual Funds

Loads Limited

Among major autoparts manufacturers, Loads Limited (PSX: LOADS) is a prominent name. Established in 1979, the company started commercial production in 1985. The company manufacturers exhaust systems, mufflers, radiators and sheet metal components for the
Published 17 Jul, 2019 12:00am
KSE-100 Index inches up: BRIndex100 ekes out gains
Mutual Funds

KSE-100 Index inches up: BRIndex100 ekes out gains

Pakistan Stock Exchange Tuesday remained under pressure for most of the time, however it managed to close on a positive note due to select buying at the fag end. BRIndex100 gained 5.62 points or 0.16 percent to close at 3,444.63 points. BRIndex100 touched
Updated 17 Jul, 2019 04:37am
K-Electric Limited
Mutual Funds

K-Electric Limited

K-Electric Limited (PSX: KEL) is the only vertically-integrated power utility in Pakistan having generation, distribution and transmission functions. Formerly known as the Karachi Electric Supply Corporation, KEL was established in 1913, to meet the power
Published 11 Jul, 2019 12:00am
K-Electric Limited
Mutual Funds

K-Electric Limited

K-Electric Limited (PSX: KEL) is the only vertically-integrated power utility in Pakistan having generation, distribution and transmission functions. Formerly known as the Karachi Electric Supply Corporation, KEL was established in 1913, to meet the power
Published 11 Jul, 2019 12:00am
Atlas Battery Limited
Mutual Funds

Atlas Battery Limited

Part of the Atlas group, Atlas Battery (PSX: ATBA) started out as Shirazi Investments and is today a leading player in the auto parts and accessories sector specialising in the manufacturing of batteries for cars, motorcycles, heavy vehicles (tractors, bu
Published 10 Jul, 2019 12:00am
Pakgen Power Limited
Mutual Funds

Pakgen Power Limited

With head office in Lahore, Pakgen Power Limited (PSX: PKGP) was incorporated in 1995, while the company started commercial operations in early 1998. The principal activity of the power company is to own, operate and maintain a 365MW oil fired power stati
Published 04 Jul, 2019 12:00am
Pakgen Power Limited
Mutual Funds

Pakgen Power Limited

With head office in Lahore, Pakgen Power Limited (PSX: PKGP) was incorporated in 1995, while the company started commercial operations in early 1998. The principal activity of the power company is to own, operate and maintain a 365MW oil fired power stati
Published 04 Jul, 2019 12:00am
Sazgar Engineering Works Limited
Mutual Funds

Sazgar Engineering Works Limited

Sazgar Engineering Works Limited (PSX: SAZEW) is the leading three-wheeler manufacturer in Pakistan manufacturing auto rickshaws, automotive wheel rims used in tractors and household electric appliances. The company was incorporated in 1991 and only a few
Published 03 Jul, 2019 12:00am
Sazgar Engineering Works Limited
Mutual Funds

Sazgar Engineering Works Limited

Sazgar Engineering Works Limited (PSX: SAZEW) is the leading three-wheeler manufacturer in Pakistan manufacturing auto rickshaws, automotive wheel rims used in tractors and household electric appliances. The company was incorporated in 1991 and only a few
Published 03 Jul, 2019 12:00am
Major amendments made in finance bill
Mutual Funds

Major amendments made in finance bill

The government has introduced some major amendments in the Finance Bill 2019 including changes in Assets Declaration Act 2019, applicability of condition of CNIC from un-registered buyers from August 1, 2019, enactment of the Public Finance Management Act
Published 29 Jun, 2019 12:00am
Major amendments made in finance bill
Mutual Funds

Major amendments made in finance bill

The government has introduced some major amendments in the Finance Bill 2019 including changes in Assets Declaration Act 2019, applicability of condition of CNIC from un-registered buyers from August 1, 2019, enactment of the Public Finance Management Act
Published 29 Jun, 2019 12:00am
Major amendments made in finance bill
Mutual Funds

Major amendments made in finance bill

The government has introduced some major amendments in the Finance Bill 2019 including changes in Assets Declaration Act 2019, applicability of condition of CNIC from un-registered buyers from August 1, 2019, enactment of the Public Finance Management Act
Published 29 Jun, 2019 12:00am
Pakistan Cables Limited
Mutual Funds

Pakistan Cables Limited

Pakistan Cables Limited (PCAL) is part of the renowned Chinoy Group of Companies, which owns International Industries Limited (INIL) as well as International Steel Limited (ISL). It has become one of the leading cable manufacturers in Pakistan and was set
Published 27 Jun, 2019 12:00am
Pakistan Cables Limited
Mutual Funds

Pakistan Cables Limited

Pakistan Cables Limited (PCAL) is part of the renowned Chinoy Group of Companies, which owns International Industries Limited (INIL) as well as International Steel Limited (ISL). It has become one of the leading cable manufacturers in Pakistan and was set
Published 27 Jun, 2019 12:00am
SECP revamps regulatory framework for mutual funds industry
Mutual Funds

SECP revamps regulatory framework for mutual funds industry

The Securities and Exchange Commission of Pakistan (SECP) has revamped the regulatory framework for the mutual funds industry with the aim of meeting the changing industry dynamics, implementing international best practices, safeguarding investors' intere
Published 26 Jun, 2019 12:00am
Amreli Steels Limited
Mutual Funds

Amreli Steels Limited

Amreli Steels Limited (PSX: ASTL) is a major long steel manufacturer in Pakistan operating in the country for over 50 years. The company has gone from manufacturing hardware items (nails, screws and wire rods) to ship breaking to setting up hot rolling mi
Published 25 Jun, 2019 12:00am
Amreli Steels Limited
Mutual Funds

Amreli Steels Limited

Amreli Steels Limited (PSX: ASTL) is a major long steel manufacturer in Pakistan operating in the country for over 50 years. The company has gone from manufacturing hardware items (nails, screws and wire rods) to ship breaking to setting up hot rolling mi
Updated 26 Jun, 2019 05:51am
Pakistan Petroleum Limited
Mutual Funds

Pakistan Petroleum Limited

Pakistan Petroleum Limited (PSX: PPL) has been an aggressive player in the oil and gas exploration and production sector, responsible for over 22 percent of the country's gas production. In 1997, BOC disinvested from the E&P sector worldwide and sold its
Published 18 Jun, 2019 12:00am
General Tyre and Rubber Company
Mutual Funds

General Tyre and Rubber Company

General Tyre and Rubber Company of Pakistan Limited (PSX: GTYR) is one of the popular tyre brands in the Pakistani industry and remains a prominent player in the auto parts sector. It is part of the Bibojee group which has stakes in textile, insurance, au
Published 13 Jun, 2019 12:00am
Overview of the Economy
Mutual Funds

Overview of the Economy

The macroeconomic stability is a fundamental pre-requisite for sustained economic growth. Pakistan's economy has experienced frequent boom and bust cycles. Typically, each cycle comprised of 3-4 years of relatively higher growth followed by a macroeconomi
Published 11 Jun, 2019 12:00am
Overview of the Economy
Mutual Funds

Overview of the Economy

The macroeconomic stability is a fundamental pre-requisite for sustained economic growth. Pakistan's economy has experienced frequent boom and bust cycles. Typically, each cycle comprised of 3-4 years of relatively higher growth followed by a macroeconomi
Published 11 Jun, 2019 12:00am
Overview of the Economy
Mutual Funds

Overview of the Economy

The macroeconomic stability is a fundamental pre-requisite for sustained economic growth. Pakistan''s economy has experienced frequent boom and bust cycles. Typically, each cycle comprised of 3-4 years of relatively higher growth followed by a macroeconom
Published 11 Jun, 2019 12:00am
Treasury yields tumble on trade fears
Mutual Funds

Treasury yields tumble on trade fears

Benchmark US Treasury yields dropped to 20-month lows on Wednesday as Chinese newspapers warned of retaliation against the United States in a trade war that investors are increasingly concerned will drag down global economic growth. Bonds pared price gain
Published 31 May, 2019 12:00am
Treasury yields tumble on trade fears
Mutual Funds

Treasury yields tumble on trade fears

Benchmark US Treasury yields dropped to 20-month lows on Wednesday as Chinese newspapers warned of retaliation against the United States in a trade war that investors are increasingly concerned will drag down global economic growth. Bonds pared price gain
Published 31 May, 2019 12:00am
Hascol Petroleum Limited
Mutual Funds

Hascol Petroleum Limited

Hascol Petroleum Limited (PSX: HASCOL) has come a long way in a very short time in the downstream oil and gas marketing sector. It has built quite a presence in just a decade and is the second largest OMC after PSO today in terms of storage.
Published 30 May, 2019 12:00am
Atlas Honda Limited
Mutual Funds

Atlas Honda Limited

Atlas Honda Limited (PSX: ATLH) is a top motorcycle manufacturer in the country leading the two-wheeler marker with over 60 percent market share. The company has immense brand recognition and being a Japanese player has carved a unique space in the market
Published 29 May, 2019 12:00am
ABL, APPS collaborate to revamp online transactions
Mutual Funds

ABL, APPS collaborate to revamp online transactions

Allied Bank Limited (ABL) and Avanza Premier Payment Services (APPS) have collaborated to revamp online transactions through Payfast; APPS' payment gateway. Payfast will allow the customers of ABL to shop on APPS' vast ecosystem of merchants which ranges
Published 28 May, 2019 12:00am
Gadoon Textiles Mills Limited
Mutual Funds

Gadoon Textiles Mills Limited

Gadoon Textiles Mills Limited (PSX: GADT) is part of the renowned Yunus Brothers Group (YBG) and is one of the largest spinning units of Pakistan. The group is one of the largest conglomerates in Pakistan with its presence spanning across textiles, buildi
Published 23 May, 2019 12:00am
Pakistan State Oil
Mutual Funds

Pakistan State Oil

The downstream OMC sector in the country is led by Pakistan State Oil (PSX: PSO), engaged in marketing and distribution of all petroleum products: Motor Gasoline (Mogas), High Speed Diesel (HSD), Furnace Oil (FO), Jet Fuel (JP-1), Kerosene, CNG, LPG, Petr
Published 22 May, 2019 12:00am
Pakistan State Oil
Mutual Funds

Pakistan State Oil

The downstream OMC sector in the country is led by Pakistan State Oil (PSX: PSO), engaged in marketing and distribution of all petroleum products: Motor Gasoline (Mogas), High Speed Diesel (HSD), Furnace Oil (FO), Jet Fuel (JP-1), Kerosene, CNG, LPG, Petr
Published 22 May, 2019 12:00am
SECP launches awareness video series
Mutual Funds

SECP launches awareness video series

The Securities and Exchange Commission of Pakistan (SECP) has launched its first investor awareness video series, based on seven themes: capital market, commodities market, Islamic finance, insurance, mutual funds, anti-money laundering/CFT and company in
Published 21 May, 2019 12:00am
Aisha Steel Mills Limited
Mutual Funds

Aisha Steel Mills Limited

Steel is the mother of all industries. The two categories of steel being manufactured in Pakistan are long and flat rolled steel products. Whereas long products are primarily used in construction and infrastructural development, flat products have wide ra
Published 21 May, 2019 12:00am
Aisha Steel Mills Limited
Mutual Funds

Aisha Steel Mills Limited

Steel is the mother of all industries. The two categories of steel being manufactured in Pakistan are long and flat rolled steel products. Whereas long products are primarily used in construction and infrastructural development, flat products have wide ra
Published 21 May, 2019 12:00am
SECP chief meets stakeholders
Mutual Funds

SECP chief meets stakeholders

The SECP Chairman and Commissioner (Securities Market Division) along with his team, met with capital market stakeholders, including the senior management of Pakistan Stock Exchange (PSX), National Clearing Company of Pakistan Limited (NCCPL), Central Dep
Published 18 May, 2019 12:00am
SECP chief meets stakeholders
Mutual Funds

SECP chief meets stakeholders

The SECP Chairman and Commissioner (Securities Market Division) along with his team, met with capital market stakeholders, including the senior management of Pakistan Stock Exchange (PSX), National Clearing Company of Pakistan Limited (NCCPL), Central Dep
Published 18 May, 2019 12:00am
SECP chief meets stakeholders
Mutual Funds

SECP chief meets stakeholders

The SECP Chairman and Commissioner (Securities Market Division) along with his team, met with capital market stakeholders, including the senior management of Pakistan Stock Exchange (PSX), National Clearing Company of Pakistan Limited (NCCPL), Central Dep
Published 18 May, 2019 12:00am
BRIndex100 plummets
Mutual Funds

BRIndex100 plummets

Pakistan Stock Exchange Monday witnessed a highly volatile session. BRIndex100 lost 90.06 points or 2.48 percent to close at 3,537.11 points. BRIndex100 touched intraday high of 3,693.26 and intraday low of 3,526.71 points. Volumes stood at 107.716 millio
Published 14 May, 2019 12:00am
BRIndex100 plummets
Mutual Funds

BRIndex100 plummets

Pakistan Stock Exchange Monday witnessed a highly volatile session. BRIndex100 lost 90.06 points or 2.48 percent to close at 3,537.11 points. BRIndex100 touched intraday high of 3,693.26 and intraday low of 3,526.71 points. Volumes stood at 107.716 millio
Published 14 May, 2019 12:00am
BRIndex100 plummets
Mutual Funds

BRIndex100 plummets

Pakistan Stock Exchange Monday witnessed a highly volatile session. BRIndex100 lost 90.06 points or 2.48 percent to close at 3,537.11 points. BRIndex100 touched intraday high of 3,693.26 and intraday low of 3,526.71 points. Volumes stood at 107.716 millio
Published 14 May, 2019 12:00am
Kot Addu Power Company Limited
Mutual Funds

Kot Addu Power Company Limited

Kot Addu Power Company Limited (PSX: KAPCO) is the country's one of the oldest independent power producers and the second largest combined cycle power plant. It was built by the Pakistan Water and Power Development Authority in five phases between 1985 an
Published 14 May, 2019 12:00am
BRIndex100 retreats
Mutual Funds

BRIndex100 retreats

Despite foreign buying, Pakistan Stock Exchange Wednesday fell in deep red due to panic selling by local investors. BRIndex100 lost 64.88 points or 1.74 percent to close at 3,655.81 points. BRIndex100 touched intraday high of 3,727.91 and intraday low of
Published 09 May, 2019 12:00am
BRIndex100 retreats
Mutual Funds

BRIndex100 retreats

Despite foreign buying, Pakistan Stock Exchange Wednesday fell in deep red due to panic selling by local investors. BRIndex100 lost 64.88 points or 1.74 percent to close at 3,655.81 points. BRIndex100 touched intraday high of 3,727.91 and intraday low of
Published 09 May, 2019 12:00am
BRIndex100 retreats
Mutual Funds

BRIndex100 retreats

Despite foreign buying, Pakistan Stock Exchange Wednesday fell in deep red due to panic selling by local investors. BRIndex100 lost 64.88 points or 1.74 percent to close at 3,655.81 points. BRIndex100 touched intraday high of 3,727.91 and intraday low of
Published 09 May, 2019 12:00am
Gharibwal Cement
Mutual Funds

Gharibwal Cement

Gharibwal Cement (PSX: GWCL) is a cement manufacturer located in district Chakwal of Punjab supplying to northern domestic markets in Pakistan. Incorporated in 1961, the company started its operations in 1965 with an annual capacity of 360,000 tons. A dec
Published 09 May, 2019 12:00am
Gharibwal Cement
Mutual Funds

Gharibwal Cement

Gharibwal Cement (PSX: GWCL) is a cement manufacturer located in district Chakwal of Punjab supplying to northern domestic markets in Pakistan. Incorporated in 1961, the company started its operations in 1965 with an annual capacity of 360,000 tons. A dec
Updated 09 May, 2019 05:17am
Noon Sugar Mills Limited
Mutual Funds

Noon Sugar Mills Limited

Noon Sugar Mills (PSX: NONS) was incorporated in 1964 as a public limited company and is listed on all stock exchanges of Pakistan. The principal activity of the company is manufacturing and sale of white sugar. The sugar mill is located in Bhalwal tehsil
Published 08 May, 2019 12:00am
Noon Sugar Mills Limited
Mutual Funds

Noon Sugar Mills Limited

Noon Sugar Mills (PSX: NONS) was incorporated in 1964 as a public limited company and is listed on all stock exchanges of Pakistan. The principal activity of the company is manufacturing and sale of white sugar. The sugar mill is located in Bhalwal tehsil
Published 08 May, 2019 12:00am
Bearish sentiments prevail
Mutual Funds

Bearish sentiments prevail

Pakistan Stock Exchange remained under pressure during the outgoing week ended on May 3, 2019 due to selling in various sectors. BRIndex100 lost 156.48 points on week-on-week basis to close at 3,756.95 points. Average daily volumes stood at 96.072 million
Published 06 May, 2019 12:00am
Bearish sentiments prevail
Mutual Funds

Bearish sentiments prevail

Pakistan Stock Exchange remained under pressure during the outgoing week ended on May 3, 2019 due to selling in various sectors. BRIndex100 lost 156.48 points on week-on-week basis to close at 3,756.95 points. Average daily volumes stood at 96.072 million
Published 06 May, 2019 12:00am
Bearish sentiments prevail
Mutual Funds

Bearish sentiments prevail

Pakistan Stock Exchange remained under pressure during the outgoing week ended on May 3, 2019 due to selling in various sectors. BRIndex100 lost 156.48 points on week-on-week basis to close at 3,756.95 points. Average daily volumes stood at 96.072 million
Published 06 May, 2019 12:00am
Financial literacy a must to boost capital market: Shafqat
Mutual Funds

Financial literacy a must to boost capital market: Shafqat

Federal Education Minister Shafqat Mahmood Thursday conveyed to the financial sector and the Securities and Exchange Commission of Pakistan (SECP) that corporate regulatory body has to play a major role in creating financial literacy among masses to attra
Published 03 May, 2019 12:00am
Pakistan Oilfields Limited (POL)
Mutual Funds

Pakistan Oilfields Limited (POL)

A key player in the local E&P oil and gas sector, Pakistan Oilfields Limited (PSX: POL) is primarily engaged in the exploration, drilling and production of crude oil and gas in the country. It is a subsidiary of the Attock Oil Company Limited (AOC). After
Published 02 May, 2019 12:00am
Cherat Cement Company Limited
Mutual Funds

Cherat Cement Company Limited

Cherat Cement (PSX: CHCC) has been in the business of cement manufacturing since the 1980s like many of its current peers. It has remained one of the smaller cement firms until very recently when new expansion brought its capacity at par with some of the
Published 30 Apr, 2019 12:00am
Mehran Sugar Mills Limited
Mutual Funds

Mehran Sugar Mills Limited

Mehran Sugar Mills Limited (PSX: MRNS) is the flagship company of the Hasham group, and one of the oldest sugar mills in the country. Established in 1965, the company is mainly concentrated in sucrose production, with diversification into ethanol, power g
Published 25 Apr, 2019 12:00am
Mehran Sugar Mills Limited
Mutual Funds

Mehran Sugar Mills Limited

Mehran Sugar Mills Limited (PSX: MRNS) is the flagship company of the Hasham group, and one of the oldest sugar mills in the country. Established in 1965, the company is mainly concentrated in sucrose production, with diversification into ethanol, power g
Published 25 Apr, 2019 12:00am
National Refinery Limited
Mutual Funds

National Refinery Limited

Pakistan has only one lube refinery, National Refinery Limited (PSX: NRL). The refinery was incorporated in 1963 and was privatised in the year 2005. National Refinery is part of the Attock group, which has another refinery, Attock Refinery Limited (PSX:
Published 23 Apr, 2019 12:00am
Stability rating of NIT Money Market Fund upgraded to "AAA"
Mutual Funds

Stability rating of NIT Money Market Fund upgraded to "AAA"

Pakistan Credit Rating Agency Limited (PACRA) has upgraded stability rating of NIT Money Market Fund from previous "AA+" to "AAA" which is the hhighest fund stability rating The objective of the fund is to generate competitive returns with minimum risk fo
Published 18 Apr, 2019 12:00am
Stability rating of NIT Money Market Fund upgraded to "AAA"
Mutual Funds

Stability rating of NIT Money Market Fund upgraded to "AAA"

Pakistan Credit Rating Agency Limited (PACRA) has upgraded stability rating of NIT Money Market Fund from previous "AA+" to "AAA" which is the hhighest fund stability rating The objective of the fund is to generate competitive returns with minimum risk fo
Published 18 Apr, 2019 12:00am
Attock Cement Pakistan Limited
Mutual Funds

Attock Cement Pakistan Limited

Attock Cement (PSX: ACPL) is one of the cement manufacturers catering primarily to the south zone of the cement market and has been established since 1981. Commercial production started in 1988 with a capacity of 0.6 million tons annually. Through expansi
Published 18 Apr, 2019 12:00am
Attock Cement Pakistan Limited
Mutual Funds

Attock Cement Pakistan Limited

Attock Cement (PSX: ACPL) is one of the cement manufacturers catering primarily to the south zone of the cement market and has been established since 1981. Commercial production started in 1988 with a capacity of 0.6 million tons annually. Through expansi
Published 18 Apr, 2019 12:00am
FHM bags Corporate Excellence Award
Mutual Funds

FHM bags Corporate Excellence Award

The Management Association of Pakistan has awarded Corporate Excellence Certificate Award to First Habib Modaraba (FHM) in their ceremony held at Karachi. This award was given within the "Financial Category". The said category consisting on Leasing, Inves
Published 17 Apr, 2019 12:00am
Pakistan Tobacco Company Limited
Mutual Funds

Pakistan Tobacco Company Limited

The Pakistan Tobacco Company (PSX: PAKT) is the leading cigarette maker in Pakistan. It is an affiliate of the British American Tobacco Company and a successor to the Imperial Tobacco Company of British India, which had been operating in South Asia since
Published 16 Apr, 2019 12:00am
Pakistan Tobacco Company Limited
Mutual Funds

Pakistan Tobacco Company Limited

The Pakistan Tobacco Company (PSX: PAKT) is the leading cigarette maker in Pakistan. It is an affiliate of the British American Tobacco Company and a successor to the Imperial Tobacco Company of British India, which had been operating in South Asia since
Updated 16 Apr, 2019 07:20am
How can we help promote culture of saving?
Mutual Funds

How can we help promote culture of saving?

In the rigmarole of our daily lives, we usually forget the importance of savings and investing for the future. We are busy paying the due installments against our car, house, annual kitty, and bills, amongst other expenses. At the same time, we have to sa
Published 16 Apr, 2019 12:00am
SECP takes steps to boost ease of doing business: Mirza
Mutual Funds

SECP takes steps to boost ease of doing business: Mirza

Head of the Securities and Exchange Policy Board, Prof Khalid Mirza Friday that the latest decisions taken by the policy board would increase ease of doing business in capital market, reduce fee on mutual funds assets and facilitate the stock brokers.
Published 13 Apr, 2019 12:00am
SECP takes steps to boost ease of doing business: Mirza
Mutual Funds

SECP takes steps to boost ease of doing business: Mirza

Head of the Securities and Exchange Policy Board, Prof Khalid Mirza Friday that the latest decisions taken by the policy board would increase ease of doing business in capital market, reduce fee on mutual funds assets and facilitate the stock brokers.
Published 13 Apr, 2019 12:00am
SECP takes steps to boost ease of doing business: Mirza
Mutual Funds

SECP takes steps to boost ease of doing business: Mirza

Head of the Securities and Exchange Policy Board, Prof Khalid Mirza Friday that the latest decisions taken by the policy board would increase ease of doing business in capital market, reduce fee on mutual funds assets and facilitate the stock brokers.
Published 13 Apr, 2019 12:00am
SECP policy board eases regulatory requirements
Mutual Funds

SECP policy board eases regulatory requirements

The Securities and Exchange (SECP) Policy Board met in Islamabad at the SECP Headquarters under the Chairmanship of Professor Khalid Mirza. The Board gave its approval to significant measures in simplifying the regulatory requirements for ease of doing bu
Published 13 Apr, 2019 12:00am
Attock Petroleum Limited
Mutual Funds

Attock Petroleum Limited

Attock Petroleum Limited (PSX: APL) is an oil marketing company involved in the downstream petroleum sector; it is part of the Attock Oil Group. APL was incorporated in 1998, and its portfolio consists of lubricants, commercial and industrial fuels. The c
Published 09 Apr, 2019 12:00am
Attock Petroleum Limited
Mutual Funds

Attock Petroleum Limited

Attock Petroleum Limited (PSX: APL) is an oil marketing company involved in the downstream petroleum sector; it is part of the Attock Oil Group. APL was incorporated in 1998, and its portfolio consists of lubricants, commercial and industrial fuels. The c
Published 09 Apr, 2019 12:00am
Formal trading in Interloop begins at PSX
Mutual Funds

Formal trading in Interloop begins at PSX

The formal trading of the shares of newly-listed Interloop Limited began on Pakistan Stock Exchange (PSX) from Friday. A gong ceremony was held at the main trading hall of PSX to mark the occasion. Interloop Limited is one of the world's largest hosiery m
Published 06 Apr, 2019 12:00am
Kohat Cement Limited (KOHC)
Mutual Funds

Kohat Cement Limited (KOHC)

Among mid-tier cement manufacturers, Kohat Cement (PSX: KOHC) is the one to beat in fundamentals with consistent capacity utilisation and better management of costs that have resulted in flourishing margins at times when the industry demand was up, and le
Published 04 Apr, 2019 12:00am
Kohat Cement Limited (KOHC)
Mutual Funds

Kohat Cement Limited (KOHC)

Among mid-tier cement manufacturers, Kohat Cement (PSX: KOHC) is the one to beat in fundamentals with consistent capacity utilisation and better management of costs that have resulted in flourishing margins at times when the industry demand was up, and le
Published 04 Apr, 2019 12:00am
Amnesty scheme
Mutual Funds

Amnesty scheme

Federal Finance Minister Asad Umer in an interactive session with economic reporters arranged by his office announced that yet another tax amnesty scheme was under consideration to in his words "allow public office holders, including politicians and burea
Updated 04 Apr, 2019 07:33am
Lyft shares soar on Nasdaq debut, setting stage for Uber
Mutual Funds

Lyft shares soar on Nasdaq debut, setting stage for Uber

Lyft Inc's shares rose as much as 23 percent in their market debut on Friday, amid strong investor demand for the ride-hailing service that bodes well for larger rival Uber Technologies Inc . Lyft's IPO, which is the year's biggest thus far, sets the stag
Published 31 Mar, 2019 12:00am
International Steels Limited (ISL)
Mutual Funds

International Steels Limited (ISL)

International Steels Limited (PSX: ISL) is a leading flat steel manufacturer in Pakistan commencing production in 2010. It is a subsidiary of International Industries Limited (IIL). The company was established with a $165 million investment, with equity c
Published 27 Mar, 2019 12:00am
International Steels Limited (ISL)
Mutual Funds

International Steels Limited (ISL)

International Steels Limited (PSX: ISL) is a leading flat steel manufacturer in Pakistan commencing production in 2010. It is a subsidiary of International Industries Limited (IIL). The company was established with a $165 million investment, with equity c
Published 27 Mar, 2019 12:00am
Thal Industries Corporation Limited
Mutual Funds

Thal Industries Corporation Limited

Thal Industries Corporation Limited (PSX: TICL) is a listed public limited entity incorporated in 1953. TICL is a manufacturing concern, which is principally engaged in production and sale of refined sugar and its byproducts.
Published 26 Mar, 2019 12:00am
Thal Industries Corporation Limited
Mutual Funds

Thal Industries Corporation Limited

Thal Industries Corporation Limited (PSX: TICL) is a listed public limited entity incorporated in 1953. TICL is a manufacturing concern, which is principally engaged in production and sale of refined sugar and its byproducts.
Published 26 Mar, 2019 12:00am
MapleLeaf Cement Factory Limited
Mutual Funds

MapleLeaf Cement Factory Limited

MapleLeaf Cement (PSX: MLCF) was established in 1956 by the West Pakistan Industrial Development Corporation (WPIDC) with an initial production capacity of 300,000 tons annually. Another company called White Cement Industries Limited (WCIL) was formed wit
Published 19 Mar, 2019 12:00am
MapleLeaf Cement Factory Limited
Mutual Funds

MapleLeaf Cement Factory Limited

MapleLeaf Cement (PSX: MLCF) was established in 1956 by the West Pakistan Industrial Development Corporation (WPIDC) with an initial production capacity of 300,000 tons annually. Another company called White Cement Industries Limited (WCIL) was formed wit
Published 19 Mar, 2019 12:00am
Mutual funds start to put their mouth where their money is
Mutual Funds

Mutual funds start to put their mouth where their money is

Corporate America's biggest shareholders have traditionally been content with sharing their views on a company's strategy privately with management. But now some mutual funds are beginning to rethink their stance, amid pressure from investors for them to
Published 16 Mar, 2019 12:00am
Packages Limited
Mutual Funds

Packages Limited

Packages Limited is involved in the production and sale of packaging materials and tissue products. The company's history dates back to 1957 when Packages Limited started out as a joint venture between the Ali Group of Pakistan and Akerlund & Rausing of S
Updated 14 Mar, 2019 06:50am
Packages Limited
Mutual Funds

Packages Limited

Packages Limited is involved in the production and sale of packaging materials and tissue products. The company's history dates back to 1957 when Packages Limited started out as a joint venture between the Ali Group of Pakistan and Akerlund & Rausing of S
Published 14 Mar, 2019 12:00am
Bestway Cement Limited (BWCL)
Mutual Funds

Bestway Cement Limited (BWCL)

Bestway Cement Limited (PSX: BWCL) is a market leader in terms of clinker capacity with nearly 18 percent of the share in the market. It is a subsidiary of Bestway Holdings incorporated in the UK founded in the early 80s. The company has plants in four lo
Published 12 Mar, 2019 12:00am
Bestway Cement Limited (BWCL)
Mutual Funds

Bestway Cement Limited (BWCL)

Bestway Cement Limited (PSX: BWCL) is a market leader in terms of clinker capacity with nearly 18 percent of the share in the market. It is a subsidiary of Bestway Holdings incorporated in the UK founded in the early 80s. The company has plants in four lo
Updated 12 Mar, 2019 06:20am
Equities remain under pressure
Mutual Funds

Equities remain under pressure

Pakistan Stock Exchange remained under pressure during the outgoing week ended on March 08, 2019 due to selling in various sectors. BRIndex100 lost 78.94 points on week-on-week basis to close at 4,107.91 points. Average daily volumes stood at 106.012 mill
Published 11 Mar, 2019 12:00am
Equities remain under pressure
Mutual Funds

Equities remain under pressure

Pakistan Stock Exchange remained under pressure during the outgoing week ended on March 08, 2019 due to selling in various sectors. BRIndex100 lost 78.94 points on week-on-week basis to close at 4,107.91 points. Average daily volumes stood at 106.012 mill
Published 11 Mar, 2019 12:00am
Equities remain under pressure
Mutual Funds

Equities remain under pressure

Pakistan Stock Exchange remained under pressure during the outgoing week ended on March 08, 2019 due to selling in various sectors. BRIndex100 lost 78.94 points on week-on-week basis to close at 4,107.91 points. Average daily volumes stood at 106.012 mill
Published 11 Mar, 2019 12:00am
MUFAP to launch Yearbook soon
Mutual Funds

MUFAP to launch Yearbook soon

Mutual Funds Association of Pakistan (MUFAP) will hold its 2018 Yearbook launch soon in Karachi. MUFAP is the trade association representing Pakistan's asset management industry which comprises of 19 Asset Management Companies managing 281 Funds (in conve
Published 10 Mar, 2019 12:00am
MUFAP to launch Yearbook soon
Mutual Funds

MUFAP to launch Yearbook soon

Mutual Funds Association of Pakistan (MUFAP) will hold its 2018 Yearbook launch soon in Karachi. MUFAP is the trade association representing Pakistan's asset management industry which comprises of 19 Asset Management Companies managing 281 Funds (in conve
Published 10 Mar, 2019 12:00am
Pakistan Refinery Limited
Mutual Funds

Pakistan Refinery Limited

Pakistan Refinery Limited (PSX: PRL) was incorporated in Pakistan as a public limited company in 1960. It is a hydro skimming refinery designed to process imported and local crude oil, located on the coastal belt of Karachi, Pakistan. The refinery's curre
Published 07 Mar, 2019 12:00am
Shahtaj Sugar Mills Limited
Mutual Funds

Shahtaj Sugar Mills Limited

Shahtaj Sugar Mills Limited (SHJS: KAR) was incorporated in Pakistan on March 27, 1965 as a public limited company under the Companies Ordinance with a registered office situated in Karachi. The company is listed on Karachi and Lahore Stock Exchanges sinc
Published 06 Mar, 2019 12:00am
Shahtaj Sugar Mills Limited
Mutual Funds

Shahtaj Sugar Mills Limited

Shahtaj Sugar Mills Limited (SHJS: KAR) was incorporated in Pakistan on March 27, 1965 as a public limited company under the Companies Ordinance with a registered office situated in Karachi. The company is listed on Karachi and Lahore Stock Exchanges sinc
Published 06 Mar, 2019 12:00am
Nishat Chunian Limited
Mutual Funds

Nishat Chunian Limited

Nishat Chunian Limited (PSX: NCL) is one of the largest textile composites in Pakistan and has had quite the journey. The company was set up in as a spinning mill of 14,000 spindles and now boasts of a vertically integrated unit with approximate annual pr
Published 05 Mar, 2019 12:00am
Nishat Chunian Limited
Mutual Funds

Nishat Chunian Limited

Nishat Chunian Limited (PSX: NCL) is one of the largest textile composites in Pakistan and has had quite the journey. The company was set up in as a spinning mill of 14,000 spindles and now boasts of a vertically integrated unit with approximate annual pr
Updated 05 Mar, 2019 10:21am
Mirpurkhas Sugar Mills Limited
Mutual Funds

Mirpurkhas Sugar Mills Limited

Mirpurkhas Sugar Mills Limited (PSX: MIRKS) was incorporated in Pakistan on May 27, 1964 as a public limited company and its shares are quoted on Pakistan Stock Exchange. Principal activity of the company is manufacturing and selling of sugar. The registe
Published 27 Feb, 2019 12:00am
Mirpurkhas Sugar Mills Limited
Mutual Funds

Mirpurkhas Sugar Mills Limited

Mirpurkhas Sugar Mills Limited (PSX: MIRKS) was incorporated in Pakistan on May 27, 1964 as a public limited company and its shares are quoted on Pakistan Stock Exchange. Principal activity of the company is manufacturing and selling of sugar. The registe
Published 27 Feb, 2019 12:00am
Security Papers Limited
Mutual Funds

Security Papers Limited

Security Papers Limited (PSX: SPL) is a manufacturer of banknote paper and other security papers including prize bonds, saving certificates, non-judicial stamp paper, certificate paper for educational boards and degree paper for universities. SPL was esta
Published 26 Feb, 2019 12:00am
Security Papers Limited
Mutual Funds

Security Papers Limited

Security Papers Limited (PSX: SPL) is a manufacturer of banknote paper and other security papers including prize bonds, saving certificates, non-judicial stamp paper, certificate paper for educational boards and degree paper for universities. SPL was esta
Updated 26 Feb, 2019 06:41am
Pakistan State Oil Company Limited
Mutual Funds

Pakistan State Oil Company Limited

Oil marketing companies have seen a significant change in their revenue mix in the last three to four years. Where rising furnace oil volumes were seen shrinking, retail fuels like diesel and petrol took the centre stage along with LNG. Pakistan State Oil
Published 21 Feb, 2019 12:00am
Pakistan State Oil Company Limited
Mutual Funds

Pakistan State Oil Company Limited

Oil marketing companies have seen a significant change in their revenue mix in the last three to four years. Where rising furnace oil volumes were seen shrinking, retail fuels like diesel and petrol took the centre stage along with LNG. Pakistan State Oil
Updated 22 Feb, 2019 05:48am
Fauji Cement Company Limited (FCCL)
Mutual Funds

Fauji Cement Company Limited (FCCL)

Fauji Cement Company Limited (PSX: FCCL) is operating in the north zone of the cement industry, supplying cement to domestic markets in the north as well as exporting markets including Sri Lanka, India, Afghanistan, South Africa, and the MENA region. The
Published 20 Feb, 2019 12:00am
Fauji Cement Company Limited (FCCL)
Mutual Funds

Fauji Cement Company Limited (FCCL)

Fauji Cement Company Limited (PSX: FCCL) is operating in the north zone of the cement industry, supplying cement to domestic markets in the north as well as exporting markets including Sri Lanka, India, Afghanistan, South Africa, and the MENA region. The
Updated 26 Feb, 2019 06:43am
Al-Noor Sugar Mills Limited
Mutual Funds

Al-Noor Sugar Mills Limited

Al-Noor Sugar Mills Limited (ALNRS) was incorporated in Pakistan on August 08, 1969 as a public limited company under the Companies Act, 1913. The company is listed on Pakistan Stock Exchange. The principal activities of the company include manufacturing
Published 19 Feb, 2019 12:00am
Al-Noor Sugar Mills Limited
Mutual Funds

Al-Noor Sugar Mills Limited

Al-Noor Sugar Mills Limited (ALNRS) was incorporated in Pakistan on August 08, 1969 as a public limited company under the Companies Act, 1913. The company is listed on Pakistan Stock Exchange. The principal activities of the company include manufacturing
Published 19 Feb, 2019 12:00am
Biafo Industries Limited
Mutual Funds

Biafo Industries Limited

Biafo Industries Limited is engaged in the production and sale of commercial explosives and blasting accessories including detonators and other materials. The company produces Tovex Water Gel (TWG) explosive at its plant in the Hattar Industrial Estate in
Published 14 Feb, 2019 12:00am
Biafo Industries Limited
Mutual Funds

Biafo Industries Limited

Biafo Industries Limited is engaged in the production and sale of commercial explosives and blasting accessories including detonators and other materials. The company produces Tovex Water Gel (TWG) explosive at its plant in the Hattar Industrial Estate in
Updated 14 Feb, 2019 05:32am
Kot Addu Power Company Limited
Mutual Funds

Kot Addu Power Company Limited

Kot Addu Power Company Limited (PSX: KAPCO) is the country's largest combined cycle power plant and one of the oldest independent power producers. The IPP is involved in the ownership, operation and maintenance of a 1,600 MW nameplate capacity power plant
Published 13 Feb, 2019 12:00am
Hinopak Motors Limited
Mutual Funds

Hinopak Motors Limited

HINO) is a popular name in the commercial vehicle segment of the automotive industry and a market leader in light and heavy commercial vehicles assembling buses, trucks, prime movers and special purpose vehicles. The latter is used for hauling a variety o
Published 12 Feb, 2019 12:00am
Hinopak Motors Limited
Mutual Funds

Hinopak Motors Limited

HINO) is a popular name in the commercial vehicle segment of the automotive industry and a market leader in light and heavy commercial vehicles assembling buses, trucks, prime movers and special purpose vehicles. The latter is used for hauling a variety o
Updated 13 Feb, 2019 05:53am
Nishat Mills Limited
Mutual Funds

Nishat Mills Limited

Nishat Mills Limited (PSX: NML) needs no introduction. The company is the foundation stone upon which the Nishat Group was built and is one of the biggest textile composite juggernauts in Pakistan. Established in 1951, NML now boasts of 238,032 spindles a
Published 06 Feb, 2019 12:00am
Nishat Mills Limited
Mutual Funds

Nishat Mills Limited

Nishat Mills Limited (PSX: NML) needs no introduction. The company is the foundation stone upon which the Nishat Group was built and is one of the biggest textile composite juggernauts in Pakistan. Established in 1951, NML now boasts of 238,032 spindles a
Updated 06 Feb, 2019 06:52am
Election worries muddy waters for bond investors in India
Mutual Funds

Election worries muddy waters for bond investors in India

Doubts over how India will vote in a coming election and fears that the government will overspend persuading people to extend its mandate is keeping investors wary of buying bonds despite the lure of low inflation and possible interest rate cuts. "There i
Published 04 Feb, 2019 12:00am
Election worries muddy waters for bond investors in India
Mutual Funds

Election worries muddy waters for bond investors in India

Doubts over how India will vote in a coming election and fears that the government will overspend persuading people to extend its mandate is keeping investors wary of buying bonds despite the lure of low inflation and possible interest rate cuts. "There i
Published 04 Feb, 2019 12:00am
Bulls maintain grip
Mutual Funds

Bulls maintain grip

Pakistan Stock Exchange witnessed bullish trend during the outgoing week ended on February 1, 2019 on the back of both local and foreign investors support. BRIndex100 gained 96.01 points on week-on-week basis to close at 4,379.03 points. Average daily vol
Published 04 Feb, 2019 12:00am
Bulls maintain grip
Mutual Funds

Bulls maintain grip

Pakistan Stock Exchange witnessed bullish trend during the outgoing week ended on February 1, 2019 on the back of both local and foreign investors support. BRIndex100 gained 96.01 points on week-on-week basis to close at 4,379.03 points. Average daily vol
Published 04 Feb, 2019 12:00am
Bulls maintain grip
Mutual Funds

Bulls maintain grip

Pakistan Stock Exchange witnessed bullish trend during the outgoing week ended on February 1, 2019 on the back of both local and foreign investors support. BRIndex100 gained 96.01 points on week-on-week basis to close at 4,379.03 points. Average daily vol
Published 04 Feb, 2019 12:00am
National Refinery Limited
Mutual Funds

National Refinery Limited

National Refinery Limited (PSX: NRL) was incorporated in 1963 as a public limited company. The company was privatised in the year 2005. As per its latest shareholding pattern, 50 percent of the shares are held by the associate companies that include Attoc
Published 31 Jan, 2019 12:00am
Attock Cement Pakistan Limited
Mutual Funds

Attock Cement Pakistan Limited

Established in 1981 as a joint venture, Attock Cement (PSX: ACPL) is one of the smaller cement manufacturers mainly supplying cement to markets in the south. The company started with an initial capital outlay of Rs1.5 billion with a foreign exchange compo
Published 30 Jan, 2019 12:00am
Attock Cement Pakistan Limited
Mutual Funds

Attock Cement Pakistan Limited

Established in 1981 as a joint venture, Attock Cement (PSX: ACPL) is one of the smaller cement manufacturers mainly supplying cement to markets in the south. The company started with an initial capital outlay of Rs1.5 billion with a foreign exchange compo
Updated 30 Jan, 2019 05:32am
Indian shares lower
Mutual Funds

Indian shares lower

Indian shares ended lower on Tuesday, but eased off early lows as IT stocks such as Tata Consultancy Services Ltd reversed losses. "There seems to be a relief, we saw a good pullback in the last half hour," said Siddhartha Khemka, head of retail research
Published 30 Jan, 2019 12:00am
Siemens Pakistan Engineering Company Limited
Mutual Funds

Siemens Pakistan Engineering Company Limited

Siemens Pakistan Engineering Company Limited (PSX: SIEM) dates its history from the pre-partition era. Its first office was set up in Lahore in 1922. Post partition, it was incorporated as a public limited company in 1963.
Published 29 Jan, 2019 12:00am
Siemens Pakistan Engineering Company Limited
Mutual Funds

Siemens Pakistan Engineering Company Limited

Siemens Pakistan Engineering Company Limited (PSX: SIEM) dates its history from the pre-partition era. Its first office was set up in Lahore in 1922. Post partition, it was incorporated as a public limited company in 1963.
Updated 30 Jan, 2019 05:15am
JDW Sugar Mills Limited
Mutual Funds

JDW Sugar Mills Limited

Founded in 1990 as a private limited company in Rahim Yar Khan, Jehangir Tareen's JDW Sugar Mills Limited (PSX: JDWS) is by far the largest white sugar producer in the country, three times larger than the second largest mill by output (2017).
Published 24 Jan, 2019 12:00am
JDW Sugar Mills Limited
Mutual Funds

JDW Sugar Mills Limited

Founded in 1990 as a private limited company in Rahim Yar Khan, Jehangir Tareen's JDW Sugar Mills Limited (PSX: JDWS) is by far the largest white sugar producer in the country, three times larger than the second largest mill by output (2017).
Published 24 Jan, 2019 12:00am
Pakistan Oilfields Limited (POL)
Mutual Funds

Pakistan Oilfields Limited (POL)

Pakistan Oilfields Limited (PSX: POL) is Pakistan's third largest oil and gas exploration and production company. The company is primarily engaged in the exploration, drilling and production of crude oil and gas in the country. It is a subsidiary of the A
Published 22 Jan, 2019 12:00am
Pakistan Oilfields Limited (POL)
Mutual Funds

Pakistan Oilfields Limited (POL)

Pakistan Oilfields Limited (PSX: POL) is Pakistan's third largest oil and gas exploration and production company. The company is primarily engaged in the exploration, drilling and production of crude oil and gas in the country. It is a subsidiary of the A
Updated 23 Jan, 2019 05:07am
Gharibwal Cement
Mutual Funds

Gharibwal Cement

Located in district Chakwal of Punjab, Gharibwal Cement (PSX: GWCL) is one of the mid-tier cement manufacturers supplying cement mainly to the northern side of the domestic market. The company was incorporated in 1961, started its operations in 1965 (with
Published 17 Jan, 2019 12:00am
Gharibwal Cement
Mutual Funds

Gharibwal Cement

Located in district Chakwal of Punjab, Gharibwal Cement (PSX: GWCL) is one of the mid-tier cement manufacturers supplying cement mainly to the northern side of the domestic market. The company was incorporated in 1961, started its operations in 1965 (with
Updated 17 Jan, 2019 06:56am
Engro Polymers & Chemicals Limited
Mutual Funds

Engro Polymers & Chemicals Limited

Incorporated in 1997, Engro Polymers & Chemicals Limited (PSX: EPCL) is a subsidiary of Engro Corporation Limited. It operates mainly within the chlor-vinyl segment with offerings that include Polyvinyl Chloride (PVC), Vinyl Chloride Monomer (VCM), Causti
Published 16 Jan, 2019 12:00am
Engro Polymers & Chemicals Limited
Mutual Funds

Engro Polymers & Chemicals Limited

Incorporated in 1997, Engro Polymers & Chemicals Limited (PSX: EPCL) is a subsidiary of Engro Corporation Limited. It operates mainly within the chlor-vinyl segment with offerings that include Polyvinyl Chloride (PVC), Vinyl Chloride Monomer (VCM), Causti
Published 16 Jan, 2019 12:00am
Sindh Abadgar's Sugar Mills Limited
Mutual Funds

Sindh Abadgar's Sugar Mills Limited

Sindh Abadgar's Sugar Mills Limited (SASML: KAR) is a public limited company incorporated in 1984. Principle activities of the company include manufacture and sale of sugar. The manufacturing facilities of the company are located at Deh Deenpur of distric
Published 15 Jan, 2019 12:00am
Sindh Abadgar's Sugar Mills Limited
Mutual Funds

Sindh Abadgar's Sugar Mills Limited

Sindh Abadgar's Sugar Mills Limited (SASML: KAR) is a public limited company incorporated in 1984. Principle activities of the company include manufacture and sale of sugar. The manufacturing facilities of the company are located at Deh Deenpur of distric
Published 15 Jan, 2019 12:00am
Hi-Tech Lubricants Limited
Mutual Funds

Hi-Tech Lubricants Limited

Hi-Tech Lubricants Limited (PSX: HTL) is a public limited company and is one of the leading synthetic engine and machinery lubricant marketing company of Pakistan which boasts a sizeable market share in lubricants market. HTL product portfolio under brand
Published 08 Jan, 2019 12:00am
Hi-Tech Lubricants Limited
Mutual Funds

Hi-Tech Lubricants Limited

Hi-Tech Lubricants Limited (PSX: HTL) is a public limited company and is one of the leading synthetic engine and machinery lubricant marketing company of Pakistan which boasts a sizeable market share in lubricants market. HTL product portfolio under brand
Updated 09 Jan, 2019 07:47am
Positive trend witnessed
Mutual Funds

Positive trend witnessed

Pakistan Stock Exchange witnessed positive trend during the first week of new calendar year due to selective buying in various sectors. BRIndex100 gained 58.13 points on week-on-week basis to close at 3,909.61 points. Average daily volumes stood at 107.09
Published 07 Jan, 2019 12:00am
Positive trend witnessed
Mutual Funds

Positive trend witnessed

Pakistan Stock Exchange witnessed positive trend during the first week of new calendar year due to selective buying in various sectors. BRIndex100 gained 58.13 points on week-on-week basis to close at 3,909.61 points. Average daily volumes stood at 107.09
Published 07 Jan, 2019 12:00am
Positive trend witnessed
Mutual Funds

Positive trend witnessed

Pakistan Stock Exchange witnessed positive trend during the first week of new calendar year due to selective buying in various sectors. BRIndex100 gained 58.13 points on week-on-week basis to close at 3,909.61 points. Average daily volumes stood at 107.09
Published 07 Jan, 2019 12:00am
Kohat Cement Limited (KOHC)
Mutual Funds

Kohat Cement Limited (KOHC)

As a mid-tier cement manufacturer, Kohat Cement has been one to watch out since 2016 when its margins reached 46 percent, at par with the industry leader Lucky Cement, except the latter enjoys the benefit of being in the south. The company was incorporate
Published 03 Jan, 2019 12:00am
Kohat Cement Limited (KOHC)
Mutual Funds

Kohat Cement Limited (KOHC)

As a mid-tier cement manufacturer, Kohat Cement has been one to watch out since 2016 when its margins reached 46 percent, at par with the industry leader Lucky Cement, except the latter enjoys the benefit of being in the south. The company was incorporate
Published 03 Jan, 2019 12:00am
US fund investors withdraw most cash in three years
Mutual Funds

US fund investors withdraw most cash in three years

US fund investors stripped the most cash from US-based mutual funds in more than three years in the third week of December 2018, Investment Company Institute (ICI) data showed on Wednesday, as concern mounted about interest rates and economic growth. More
Published 02 Jan, 2019 12:00am
US fund investors withdraw most cash in three years
Mutual Funds

US fund investors withdraw most cash in three years

US fund investors stripped the most cash from US-based mutual funds in more than three years in the third week of December 2018, Investment Company Institute (ICI) data showed on Wednesday, as concern mounted about interest rates and economic growth. More
Published 02 Jan, 2019 12:00am
Equities remain under pressure
Mutual Funds

Equities remain under pressure

Pakistan Stock Exchange remained under pressure during the outgoing week ended on December 28, 2018 due to selling in various sectors. BRIndex100 lost 161.25 points on week-on-week basis to close at 3,851.48 points. Average daily trading volumes stood at
Published 31 Dec, 2018 12:00am
Equities remain under pressure
Mutual Funds

Equities remain under pressure

Pakistan Stock Exchange remained under pressure during the outgoing week ended on December 28, 2018 due to selling in various sectors. BRIndex100 lost 161.25 points on week-on-week basis to close at 3,851.48 points. Average daily trading volumes stood at
Published 31 Dec, 2018 12:00am
Equities remain under pressure
Mutual Funds

Equities remain under pressure

Pakistan Stock Exchange remained under pressure during the outgoing week ended on December 28, 2018 due to selling in various sectors. BRIndex100 lost 161.25 points on week-on-week basis to close at 3,851.48 points. Average daily trading volumes stood at
Published 31 Dec, 2018 12:00am
Avanceon Limited
Mutual Funds

Avanceon Limited

Avanceon Limited (PSX: AVN) is a leading provider of industrial automation, process control and systems integration as well as proprietary energy management solutions and support services. Avanceon has been in the automation business since 1984 and has tr
Published 26 Dec, 2018 12:00am
Avanceon Limited
Mutual Funds

Avanceon Limited

Avanceon Limited (PSX: AVN) is a leading provider of industrial automation, process control and systems integration as well as proprietary energy management solutions and support services. Avanceon has been in the automation business since 1984 and has tr
Updated 27 Dec, 2018 05:22am
US share buybacks at records despite congressional griping
Mutual Funds

US share buybacks at records despite congressional griping

US corporate share repurchases keep setting new records, a trend some experts expect to persist despite bipartisan unease on Capitol Hill and a weaker economic outlook that could crimp profits. Fueled with windfalls from the 2017 tax cut and cheap debt, c
Published 24 Dec, 2018 12:00am
NIT expands its network
Mutual Funds

NIT expands its network

NIT, the first and the largest asset management company of Pakistan, with the objective of expanding its outreach to the investors, has established a new branch in Gujrat, increasing its branch network to 24 branches across 16 cities of Pakistan. The new
Published 21 Dec, 2018 12:00am
NIT expands its network
Mutual Funds

NIT expands its network

NIT, the first and the largest asset management company of Pakistan, with the objective of expanding its outreach to the investors, has established a new branch in Gujrat, increasing its branch network to 24 branches across 16 cities of Pakistan. The new
Published 21 Dec, 2018 12:00am
APPS, HabibMetro Bank to launch 'PayFast' payment gateway
Mutual Funds

APPS, HabibMetro Bank to launch 'PayFast' payment gateway

Avanza Premier Payment Services (APPS) and HabibMetro Bank signed an agreement to enable 'PayFast', APPS' end-to-end payment gateway, to provide a secure and reliable service for Ecommerce & M-commerce transactions. This gateway will allow customers to ma
Published 20 Dec, 2018 12:00am
BRIndex100 extends losses
Mutual Funds

BRIndex100 extends losses

A bearish trend continued on Pakistan Stock Exchange on the second day of the week due to selling in various sectors. BRIndex100 lost another 30.59 points or 0.76 percent to close at 4,012.06 points on Tuesday. BRIndex100 touched intraday high of 4,044.33
Published 19 Dec, 2018 12:00am
BRIndex100 extends losses
Mutual Funds

BRIndex100 extends losses

A bearish trend continued on Pakistan Stock Exchange on the second day of the week due to selling in various sectors. BRIndex100 lost another 30.59 points or 0.76 percent to close at 4,012.06 points on Tuesday. BRIndex100 touched intraday high of 4,044.33
Published 19 Dec, 2018 12:00am
BRIndex100 extends losses
Mutual Funds

BRIndex100 extends losses

A bearish trend continued on Pakistan Stock Exchange on the second day of the week due to selling in various sectors. BRIndex100 lost another 30.59 points or 0.76 percent to close at 4,012.06 points on Tuesday. BRIndex100 touched intraday high of 4,044.33
Published 19 Dec, 2018 12:00am
Colgate Palmolive (Pakistan) Limited
Mutual Funds

Colgate Palmolive (Pakistan) Limited

Incorporated in 1977 as National Detergents Limited, Colgate Palmolive (PSX: COLG) is a household name and market leader in many segments within the FMCG sector. These sectors include oral care, personal care, surface care, and fabric care among others. C
Published 18 Dec, 2018 12:00am
Colgate Palmolive (Pakistan) Limited
Mutual Funds

Colgate Palmolive (Pakistan) Limited

Incorporated in 1977 as National Detergents Limited, Colgate Palmolive (PSX: COLG) is a household name and market leader in many segments within the FMCG sector. These sectors include oral care, personal care, surface care, and fabric care among others. C
Published 18 Dec, 2018 12:00am
Record $46 billion pulled from US-based stock funds
Mutual Funds

Record $46 billion pulled from US-based stock funds

Record cash streamed out of US-based stock funds and billions more fled bonds in a week of apparently escalated caution, Lipper data showed on Thursday. More than $46 billion thundered out of US stock mutual funds and exchange-traded funds (ETFs), the mos
Published 16 Dec, 2018 12:00am
Record $46 billion pulled from US-based stock funds
Mutual Funds

Record $46 billion pulled from US-based stock funds

Record cash streamed out of US-based stock funds and billions more fled bonds in a week of apparently escalated caution, Lipper data showed on Thursday. More than $46 billion thundered out of US stock mutual funds and exchange-traded funds (ETFs), the mos
Published 16 Dec, 2018 12:00am
Oil and Gas Development Company Limited
Mutual Funds

Oil and Gas Development Company Limited

Oil and Gas Development Company Limited (PSX: OGDC) is the largest player in the E&P sector in the country with operations including exploration, drilling operation services, production, reservoir management, and engineering support. The E&P firm has been
Published 12 Dec, 2018 12:00am
Oil and Gas Development Company Limited
Mutual Funds

Oil and Gas Development Company Limited

Oil and Gas Development Company Limited (PSX: OGDC) is the largest player in the E&P sector in the country with operations including exploration, drilling operation services, production, reservoir management, and engineering support. The E&P firm has been
Published 12 Dec, 2018 12:00am
Cherat Cement Company Limited
Mutual Funds

Cherat Cement Company Limited

Cherat Cement (PSX: CHCC) has in a matter of a year gone from 2 percent share in total industry capacity to 4 percent, and is all set for a third expansion. Previously one of the smaller players, Cherat is joining the mid-tier players of the industry loca
Published 11 Dec, 2018 12:00am
Cherat Cement Company Limited
Mutual Funds

Cherat Cement Company Limited

Cherat Cement (PSX: CHCC) has in a matter of a year gone from 2 percent share in total industry capacity to 4 percent, and is all set for a third expansion. Previously one of the smaller players, Cherat is joining the mid-tier players of the industry loca
Published 11 Dec, 2018 12:00am
Another difficult week
Mutual Funds

Another difficult week

Pakistan Stock Exchange remained under heavy pressure during the outgoing week ended on December 7, 2018 due to selling in various sectors. BRIndex100 lost 204.84 points on week-on-week basis to close at 4,071.41 points level. Average daily volumes stood
Published 10 Dec, 2018 12:00am
Another difficult week
Mutual Funds

Another difficult week

Pakistan Stock Exchange remained under heavy pressure during the outgoing week ended on December 7, 2018 due to selling in various sectors. BRIndex100 lost 204.84 points on week-on-week basis to close at 4,071.41 points level. Average daily volumes stood
Published 10 Dec, 2018 12:00am
Another difficult week
Mutual Funds

Another difficult week

Pakistan Stock Exchange remained under heavy pressure during the outgoing week ended on December 7, 2018 due to selling in various sectors. BRIndex100 lost 204.84 points on week-on-week basis to close at 4,071.41 points level. Average daily volumes stood
Published 10 Dec, 2018 12:00am
US fund investors pull most cash in six weeks from stocks
Mutual Funds

US fund investors pull most cash in six weeks from stocks

US fund investors ignored ostensibly positive signals on trade and monetary policy during the latest week, pulling the most cash from stocks in six weeks, according to Investment Company Institute (ICI) data on Wednesday. Nearly $6.4 billion tumbled out o
Published 09 Dec, 2018 12:00am
US fund investors pull most cash in six weeks from stocks
Mutual Funds

US fund investors pull most cash in six weeks from stocks

US fund investors ignored ostensibly positive signals on trade and monetary policy during the latest week, pulling the most cash from stocks in six weeks, according to Investment Company Institute (ICI) data on Wednesday. Nearly $6.4 billion tumbled out o
Published 09 Dec, 2018 12:00am
BRIndex100 snaps losing streak
Mutual Funds

BRIndex100 snaps losing streak

Pakistan Stock Exchange Friday managed to close on positive note following select buying, mainly by local investors. BRIndex100 gained 32.64 points or 0.81 percent to close at 4,071.41 points. BRIndex100 touched intraday high of 4,083.96 and intraday low
Published 08 Dec, 2018 12:00am
BRIndex100 snaps losing streak
Mutual Funds

BRIndex100 snaps losing streak

Pakistan Stock Exchange Friday managed to close on positive note following select buying, mainly by local investors. BRIndex100 gained 32.64 points or 0.81 percent to close at 4,071.41 points. BRIndex100 touched intraday high of 4,083.96 and intraday low
Published 08 Dec, 2018 12:00am
BRIndex100 snaps losing streak
Mutual Funds

BRIndex100 snaps losing streak

Pakistan Stock Exchange Friday managed to close on positive note following select buying, mainly by local investors. BRIndex100 gained 32.64 points or 0.81 percent to close at 4,071.41 points. BRIndex100 touched intraday high of 4,083.96 and intraday low
Published 08 Dec, 2018 12:00am
BRIndex100 plummets
Mutual Funds

BRIndex100 plummets

A bearish trend continued on Pakistan Stock Exchange due to selling in various sectors. BRIndex100 lost 108.07 points or 2.61 percent to close at 4,038.77 points on Thursday. BRIndex100 touched intraday high of 4,167.22 and intraday low of 4,030.64 points
Published 07 Dec, 2018 12:00am
BRIndex100 plummets
Mutual Funds

BRIndex100 plummets

A bearish trend continued on Pakistan Stock Exchange due to selling in various sectors. BRIndex100 lost 108.07 points or 2.61 percent to close at 4,038.77 points on Thursday. BRIndex100 touched intraday high of 4,167.22 and intraday low of 4,030.64 points
Published 07 Dec, 2018 12:00am
BRIndex100 plummets
Mutual Funds

BRIndex100 plummets

A bearish trend continued on Pakistan Stock Exchange due to selling in various sectors. BRIndex100 lost 108.07 points or 2.61 percent to close at 4,038.77 points on Thursday. BRIndex100 touched intraday high of 4,167.22 and intraday low of 4,030.64 points
Published 07 Dec, 2018 12:00am
Byco Petroleum Pakistan Limited
Mutual Funds

Byco Petroleum Pakistan Limited

Byco Petroleum Pakistan Limited is engaged in the refining of various petroleum products including liquefied petroleum gas, light and heavy naphtha, kerosene, HOBC, motor spirit, jet fuels, HSD and furnace oil. The company was formed in January 1995 as a
Published 28 Nov, 2018 12:00am
Pioneer Cement Limited
Mutual Funds

Pioneer Cement Limited

Pioneer Cement Limited (PIOC) is a mid-tier cement manufacturing located in the Chenki district near Sargodha, Punjab catering to the demand in the northern zone of the country. The company was incorporated in 1986 as a public listed company as part of th
Published 27 Nov, 2018 12:00am
Pioneer Cement Limited
Mutual Funds

Pioneer Cement Limited

Pioneer Cement Limited (PIOC) is a mid-tier cement manufacturing located in the Chenki district near Sargodha, Punjab catering to the demand in the northern zone of the country. The company was incorporated in 1986 as a public listed company as part of th
Published 27 Nov, 2018 12:00am
Sanofi-Aventis Pakistan Limited
Mutual Funds

Sanofi-Aventis Pakistan Limited

Sanofi Aventis (PSX: SAPL) has been present in Pakistan for over half a century though it has gone by different names. It was incorporated in 1967 as Hoest Pakistan limited and went public a decade later. The agriculture arm of the company became a separa
Published 20 Nov, 2018 12:00am
Sanofi-Aventis Pakistan Limited
Mutual Funds

Sanofi-Aventis Pakistan Limited

Sanofi Aventis (PSX: SAPL) has been present in Pakistan for over half a century though it has gone by different names. It was incorporated in 1967 as Hoest Pakistan limited and went public a decade later. The agriculture arm of the company became a separa
Published 20 Nov, 2018 12:00am
Al-Abbas Sugar Mills Limited
Mutual Funds

Al-Abbas Sugar Mills Limited

Al-Abbas Sugar Mills Limited (PSX: AABS) has been in operation since 1991, and listed on stock exchange the next year. Besides its primary business of manufacturing and marketing of white sugar, its principal activities include processing and sale of indu
Published 15 Nov, 2018 12:00am
Al-Abbas Sugar Mills Limited
Mutual Funds

Al-Abbas Sugar Mills Limited

Al-Abbas Sugar Mills Limited (PSX: AABS) has been in operation since 1991, and listed on stock exchange the next year. Besides its primary business of manufacturing and marketing of white sugar, its principal activities include processing and sale of indu
Published 15 Nov, 2018 12:00am
Pakistan Petroleum Limited
Mutual Funds

Pakistan Petroleum Limited

Being responsible for 22 percent of the country's gas production, Pakistan Petroleum Limited (PSX: PPL) has been an aggressive player in the oil and gas exploration and production sector. In 1997, BOC disinvested from the E&P sector worldwide and sold its
Published 13 Nov, 2018 12:00am
Pakistan Petroleum Limited
Mutual Funds

Pakistan Petroleum Limited

Being responsible for 22 percent of the country's gas production, Pakistan Petroleum Limited (PSX: PPL) has been an aggressive player in the oil and gas exploration and production sector. In 1997, BOC disinvested from the E&P sector worldwide and sold its
Published 13 Nov, 2018 12:00am
SECP enforces Shariah Governance Regulations, 2018
Mutual Funds

SECP enforces Shariah Governance Regulations, 2018

In line with the spirit of the Article 38 (f) of the Constitution of Pakistan, the SECP has enforced the Shariah Governance Regulations 2018. The jurisdiction of these regulations is the corporate sector, Shariah-compliant corporate sector, Islamic capita
Published 03 Nov, 2018 12:00am
Gul Ahmed Textile Mills
Mutual Funds

Gul Ahmed Textile Mills

When it comes to the textile industry of Pakistan, the name Gul Ahmed does not need an introduction. From the group's pre-partition roots in textile trading, Gul Ahmed Textile Mills (PSX: GATM) came into existence in 1953 and has since become a household
Published 01 Nov, 2018 12:00am
Gul Ahmed Textile Mills
Mutual Funds

Gul Ahmed Textile Mills

When it comes to the textile industry of Pakistan, the name Gul Ahmed does not need an introduction. From the group's pre-partition roots in textile trading, Gul Ahmed Textile Mills (PSX: GATM) came into existence in 1953 and has since become a household
Published 01 Nov, 2018 12:00am
Hascol Petroleum Limited
Mutual Funds

Hascol Petroleum Limited

When it comes to oil marketing downstream sector, Hascol Petroleum Limited (PSX: HASCOL) has built quite a presence in just a decade. Via its strong linkages, it is the second largest OMC today after PSO. Hascol Petroleum Limited was incorporated in Pakis
Published 31 Oct, 2018 12:00am
Hascol Petroleum Limited
Mutual Funds

Hascol Petroleum Limited

When it comes to oil marketing downstream sector, Hascol Petroleum Limited (PSX: HASCOL) has built quite a presence in just a decade. Via its strong linkages, it is the second largest OMC today after PSO. Hascol Petroleum Limited was incorporated in Pakis
Published 31 Oct, 2018 12:00am
Aisha Steel Mills Limited
Mutual Funds

Aisha Steel Mills Limited

Aisha Steel Mills Limited (PSX: ASL) is one of major steel players in the country and has been operational since 2005. The company is in the business of manufacturing cold rolled coil (CRC) which is steel products that have undergone pickling and rolling
Published 30 Oct, 2018 12:00am
Aisha Steel Mills Limited
Mutual Funds

Aisha Steel Mills Limited

Aisha Steel Mills Limited (PSX: ASL) is one of major steel players in the country and has been operational since 2005. The company is in the business of manufacturing cold rolled coil (CRC) which is steel products that have undergone pickling and rolling
Published 30 Oct, 2018 12:00am
Stocks plunge, sending Dow into the red for 2018
Mutual Funds

Stocks plunge, sending Dow into the red for 2018

US stocks finished a punishing session sharply lower Wednesday, with major indices sinking more than two percent and the Dow and S&P 500 tumbling and wiping out all the 2018 gains. The Dow Jones Industrial Average lost 2.4 percent to close at 24,583.42, a
Published 25 Oct, 2018 12:00am
Stocks plunge, sending Dow into the red for 2018
Mutual Funds

Stocks plunge, sending Dow into the red for 2018

US stocks finished a punishing session sharply lower Wednesday, with major indices sinking more than two percent and the Dow and S&P 500 tumbling and wiping out all the 2018 gains. The Dow Jones Industrial Average lost 2.4 percent to close at 24,583.42, a
Published 25 Oct, 2018 12:00am
Sitara Chemicals Industries Limited
Vegetable Oil

Sitara Chemicals Industries Limited

Incorporated in 1981, Sitara Chemical Industries Limited (PSX: SITC) began operations in 1985. Its core business involves producing caustic soda, initially at the rate of 30 tons per day, which has since been enhanced to over 600 tons. Over time, its caus
Published 25 Oct, 2018 12:00am
Sitara Chemicals Industries Limited
Vegetable Oil

Sitara Chemicals Industries Limited

Incorporated in 1981, Sitara Chemical Industries Limited (PSX: SITC) began operations in 1985. Its core business involves producing caustic soda, initially at the rate of 30 tons per day, which has since been enhanced to over 600 tons. Over time, its caus
Published 25 Oct, 2018 12:00am
Stocks plunge, sending Dow into the red for 2018
Mutual Funds

Stocks plunge, sending Dow into the red for 2018

US stocks finished a punishing session sharply lower Wednesday, with major indices sinking more than two percent and the Dow and S&P 500 tumbling and wiping out all the 2018 gains. The Dow Jones Industrial Average lost 2.4 percent to close at 24,583.42, a
Published 25 Oct, 2018 12:00am
Longer-dated Treasury prices gain
Mutual Funds

Longer-dated Treasury prices gain

Longer-dated US Treasury prices edged higher on Monday as falling stocks boosted demand for low risk debt, though gains were limited as investors remained on edge with rising inflation pressures and further potential interest rate hikes by the Federal Res
Published 24 Oct, 2018 12:00am
Longer-dated Treasury prices gain
Mutual Funds

Longer-dated Treasury prices gain

Longer-dated US Treasury prices edged higher on Monday as falling stocks boosted demand for low risk debt, though gains were limited as investors remained on edge with rising inflation pressures and further potential interest rate hikes by the Federal Res
Published 24 Oct, 2018 12:00am
Mirpurkhas Sugar Mills Limited
Mutual Funds

Mirpurkhas Sugar Mills Limited

Mirpurkhas Sugar Mills Limited (PSX: MIRKS) was incorporated in Pakistan on May 27, 1964 as a public limited company and its shares are quoted on Pakistan Stock Exchange. Principal activity of the company is manufacturing and selling of sugar. The registe
Published 24 Oct, 2018 12:00am
Mirpurkhas Sugar Mills Limited
Mutual Funds

Mirpurkhas Sugar Mills Limited

Mirpurkhas Sugar Mills Limited (PSX: MIRKS) was incorporated in Pakistan on May 27, 1964 as a public limited company and its shares are quoted on Pakistan Stock Exchange. Principal activity of the company is manufacturing and selling of sugar. The registe
Published 24 Oct, 2018 12:00am
Abbott Laboratories (Pakistan) Limited
Mutual Funds

Abbott Laboratories (Pakistan) Limited

Abbott Laboratories (Pakistan) Limited (PSX: ABOT) was incorporated in 1948 as a private marketing company and had its first manufacturing facility commissioned in 1962 in Karachi. ABOT has gained significant market share in pharmaceuticals, nutrition, di
Published 23 Oct, 2018 12:00am
Abbott Laboratories (Pakistan) Limited
Mutual Funds

Abbott Laboratories (Pakistan) Limited

Abbott Laboratories (Pakistan) Limited (PSX: ABOT) was incorporated in 1948 as a private marketing company and had its first manufacturing facility commissioned in 1962 in Karachi. ABOT has gained significant market share in pharmaceuticals, nutrition, di
Published 23 Oct, 2018 12:00am
US fund investors pull most cash from bonds since February
Mutual Funds

US fund investors pull most cash from bonds since February

US fund investors dumped bonds during a market rout in the latest week, at the fastest pace since February, Investment Company Institute (ICI) data showed on Wednesday. More than $7.1 billion dropped out of US-based bond mutual funds and exchange-traded f
Published 21 Oct, 2018 12:00am
US fund investors pull most cash from bonds since February
Mutual Funds

US fund investors pull most cash from bonds since February

US fund investors dumped bonds during a market rout in the latest week, at the fastest pace since February, Investment Company Institute (ICI) data showed on Wednesday. More than $7.1 billion dropped out of US-based bond mutual funds and exchange-traded f
Published 21 Oct, 2018 12:00am
Attock Petroleum Limited
Mutual Funds

Attock Petroleum Limited

Being part of the Attock Oil Group, the Attock Petroleum Limited (PSX: APL) is an oil marketing company involved in the downstream petroleum sector; APL was incorporated in 1998, and its portfolio consists of lubricants, commercial and industrial fuels. T
Published 18 Oct, 2018 12:00am
Attock Petroleum Limited
Mutual Funds

Attock Petroleum Limited

Being part of the Attock Oil Group, the Attock Petroleum Limited (PSX: APL) is an oil marketing company involved in the downstream petroleum sector; APL was incorporated in 1998, and its portfolio consists of lubricants, commercial and industrial fuels. T
Published 18 Oct, 2018 12:00am
Millat Tractors Limited
Mutual Funds

Millat Tractors Limited

Unarguably one of the most successful management buyout stories of Pakistan, Millat Tractors (PSX: MTL) has become the largest tractor manufacturing company in the country. The company was founded in 1964 and started off operations with imports of Complet
Published 16 Oct, 2018 12:00am
Millat Tractors Limited
Mutual Funds

Millat Tractors Limited

Unarguably one of the most successful management buyout stories of Pakistan, Millat Tractors (PSX: MTL) has become the largest tractor manufacturing company in the country. The company was founded in 1964 and started off operations with imports of Complet
Published 16 Oct, 2018 12:00am
Tariq Glass Industries Limited
Mutual Funds

Tariq Glass Industries Limited

Tariq Glass Industries (PSX: TGL) manufactures glass containers, opal glass, tableware and float glass. It was incorporated in 1978 and converted into a public limited company in 1980. Many of its glassware brands are household names such as "Omroc", and
Published 11 Oct, 2018 12:00am
Tariq Glass Industries Limited
Mutual Funds

Tariq Glass Industries Limited

Tariq Glass Industries (PSX: TGL) manufactures glass containers, opal glass, tableware and float glass. It was incorporated in 1978 and converted into a public limited company in 1980. Many of its glassware brands are household names such as "Omroc", and
Published 11 Oct, 2018 12:00am
Balochistan Glass Limited
Mutual Funds

Balochistan Glass Limited

Incorporated as a public limited company in 1980, Balochistan Glass Limited (PSX: BGL) manufactures and sells glass containers, tableware and plastic shells. It commenced operations in 1983 and was acquired by the Gharibwal Group in 1999.
Published 10 Oct, 2018 12:00am
Balochistan Glass Limited
Mutual Funds

Balochistan Glass Limited

Incorporated as a public limited company in 1980, Balochistan Glass Limited (PSX: BGL) manufactures and sells glass containers, tableware and plastic shells. It commenced operations in 1983 and was acquired by the Gharibwal Group in 1999.
Published 10 Oct, 2018 12:00am
Shahmurad Sugar Mills Limited
Mutual Funds

Shahmurad Sugar Mills Limited

Shahmurad Sugar Mills Limited (SHML) was incorporated in Pakistan on April 09, 1979. It is a public limited company operating under the Companies Act, 1913. The company is listed on the Pakistan Stock Exchange.
Published 09 Oct, 2018 12:00am
Shahmurad Sugar Mills Limited
Mutual Funds

Shahmurad Sugar Mills Limited

Shahmurad Sugar Mills Limited (SHML) was incorporated in Pakistan on April 09, 1979. It is a public limited company operating under the Companies Act, 1913. The company is listed on the Pakistan Stock Exchange.
Published 09 Oct, 2018 12:00am
Nishat Chunian Limited
Mutual Funds

Nishat Chunian Limited

Nishat Chunian Limited (PSX: NCL) has come a long way from its humble origins. What started off as a spinning mill comprising of 14,400 spindles has now become the fourth-largest textile company by sales in the country. NCL is a vertically integrated unit
Published 04 Oct, 2018 12:00am
Nishat Chunian Limited
Mutual Funds

Nishat Chunian Limited

Nishat Chunian Limited (PSX: NCL) has come a long way from its humble origins. What started off as a spinning mill comprising of 14,400 spindles has now become the fourth-largest textile company by sales in the country. NCL is a vertically integrated unit
Published 04 Oct, 2018 12:00am
Power Cement Limited
Mutual Funds

Power Cement Limited

Power Cement Limited (PSX: POWER) was established in 1981 known as Al-Abbas Cement Industries Limited (AACIL). The company was acquired by a consortium of Arif Habib Group and Al Abbas Group. Power is now a subsidiary of Arif Habib Corporation Limited and
Published 02 Oct, 2018 12:00am
Power Cement Limited
Mutual Funds

Power Cement Limited

Power Cement Limited (PSX: POWER) was established in 1981 known as Al-Abbas Cement Industries Limited (AACIL). The company was acquired by a consortium of Arif Habib Group and Al Abbas Group. Power is now a subsidiary of Arif Habib Corporation Limited and
Published 02 Oct, 2018 12:00am
Shariah-compliant counter at PSX allowed
Mutual Funds

Shariah-compliant counter at PSX allowed

The Shariah Advisory Board (SAB) has granted approval for the introduction of the Shariah-compliant trading counter at Pakistan Stock Exchange Limited (PSX). This has been highlighted in the new annual report (2018) of the Securities and Exchange Commissi
Published 30 Sep, 2018 12:00am
Shariah-compliant counter at PSX allowed
Mutual Funds

Shariah-compliant counter at PSX allowed

The Shariah Advisory Board (SAB) has granted approval for the introduction of the Shariah-compliant trading counter at Pakistan Stock Exchange Limited (PSX). This has been highlighted in the new annual report (2018) of the Securities and Exchange Commissi
Published 30 Sep, 2018 12:00am
Shariah-compliant counter at PSX allowed
Mutual Funds

Shariah-compliant counter at PSX allowed

The Shariah Advisory Board (SAB) has granted approval for the introduction of the Shariah-compliant trading counter at Pakistan Stock Exchange Limited (PSX). This has been highlighted in the new annual report (2018) of the Securities and Exchange Commissi
Published 30 Sep, 2018 12:00am
Pak Elektron Limited
Mutual Funds

Pak Elektron Limited

Pak Elektron Limited (PSX: PAEL) is a heavy weight in the local appliances market, commonly going by the brand name PEL. Set up by Malik Brothers in 1956, the company was a manufacturer of transformers, switchgear and electric motors in technical colorati
Published 27 Sep, 2018 12:00am
Pak Elektron Limited
Mutual Funds

Pak Elektron Limited

Pak Elektron Limited (PSX: PAEL) is a heavy weight in the local appliances market, commonly going by the brand name PEL. Set up by Malik Brothers in 1956, the company was a manufacturer of transformers, switchgear and electric motors in technical colorati
Published 27 Sep, 2018 12:00am
Soneri Bank and MCB-AH sign agreement
Mutual Funds

Soneri Bank and MCB-AH sign agreement

Soneri Bank Limited and MCB Arif Habib Savings & Investments Limited (MCB-AH) have signed a landmark agreement for distributing investment products through Soneri Bank's branch network.
Published 20 Sep, 2018 12:00am
Indian shares plunge
Mutual Funds

Indian shares plunge

Indian shares gave up early gains to close lower on Wednesday, declining for a third straight session to their lowest close since late July, dragged by financials such as HDFC Bank Ltd and Housing Development Finance Corp as the rupee hovering near its re
Published 20 Sep, 2018 12:00am
DG Khan Cement
Mutual Funds

DG Khan Cement

Next to market leaders Lucky and Bestway Cement is DG Khan Cement Company Limited (PSX: DGKC) which is third largest manufacturer of cement in Pakistan. Before its latest expansion, the company had the capacity of 4.22 million tons-capturing nearly 9 perc
Published 19 Sep, 2018 12:00am
DG Khan Cement
Mutual Funds

DG Khan Cement

Next to market leaders Lucky and Bestway Cement is DG Khan Cement Company Limited (PSX: DGKC) which is third largest manufacturer of cement in Pakistan. Before its latest expansion, the company had the capacity of 4.22 million tons-capturing nearly 9 perc
Published 19 Sep, 2018 12:00am
US mutual fund investors flee domestic stocks: ICI
Mutual Funds

US mutual fund investors flee domestic stocks: ICI

US mutual-fund investors sprinted out of domestic stocks at the fastest pace in nine weeks as trade talks seemed to deteriorate and social media executives were grilled by lawmakers, Investment Company Institute (ICI) data showed on Wednesday.
Published 16 Sep, 2018 12:00am
US mutual fund investors flee domestic stocks: ICI
Mutual Funds

US mutual fund investors flee domestic stocks: ICI

US mutual-fund investors sprinted out of domestic stocks at the fastest pace in nine weeks as trade talks seemed to deteriorate and social media executives were grilled by lawmakers, Investment Company Institute (ICI) data showed on Wednesday.
Published 16 Sep, 2018 12:00am