Web Desk
Karachi, January 03, 2022 (PPI-OT): View from the desk Benchmark Index started the new year on a positive note and closed in green zone at 44,887, gaining 291 points DoD. Market volumes remained thin with total traded volume clocking in at 195mn shares where PIBTL (+4.6%), TPLP (-0.3%), GGL (+2.0%), FNEL (+4.3%) and CNERGY (-2.3%)…
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Lahore, January 03, 2022 (PPI-OT): The Punjab Provincial Cooperative Bank Limited (PPCBL), a renowned cooperative bank in Pakistan, has signed an agreement with AutoSoft Dynamics (Pvt.) Limited (AutoSoft), a global core banking and financial services applications provider, for Core Banking and Compliance Management Systems to centralize and automate its business operations. The bank has decided…
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Karachi, January 03, 2022 (PPI-OT): Pakistan Strategy: CY21 ends with a whimper – CY22 dependent on IMF Friday finally brought down curtains on a disappointing CY21 where the index performance clearly fell short of the expectations, closing at 44,596 points level, returning ~3%on a YoY basis. For Dec’21 alone, the market returned -ve 1.1%MoM over…
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Karachi, January 03, 2022 (PPI-OT): DAILY STOCK MARKET REPORT Market Position as of January 3, 2022 Ready Market Companies Position Plus Minus Unchanged Total 212 137 13 362 Future Market Companies Position Plus Minus Unchanged Total 225 21 6 252 INDICES KSE30 KSE100 KSEALLSHR KMI30 KMIAllSHR BKTI OGTI Current 17,646.59 44,886.89 30,789.27 72,399.23 22,130.64 12,934.99…
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Islamabad, January 03, 2022 (PPI-OT): Khushhali Microfinance Bank Limited is playing a pivotal role in empowering the underprivileged masses to accelerate socio-economic growth and development of Pakistan. In compliance with the recent directives from the State Bank of Pakistan’s (SBP), Khushhali Microfinance Bank has now deployed the most innovative technological solutions for enabling the customers…
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Lahore, January 03, 2022 (PPI-OT): National Transmission and Despatch Company Limited (NTDC) has successfully enhanced the grid capacity of 500 kV Grid Station Rawat and 220 kV grid station WAPDA Town Lahore by augmenting its previously installed 220/132 kV Transformers of 160 MVA capacity with a new 250 MVA Transformers. The NTDC spokesman said that…
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Karachi, January 03, 2022 (PPI-OT): Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Monday said it has become impossible to run the country without new loans. Pakistan cannot get cheap loans from the international market unless it complies…
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