| 2023 | January | 3

  • VIS Upgrades Fund Stability Rating of Meezan Cash Fund

    Karachi, January 03, 2023 (PPI-OT):VIS Credit Rating Company Ltd. (VIS) has upgraded the Fund Stability Rating (FSR) of Meezan Cash Fund (MCF) to ‘AA+(f)’ (Double A Plus (f)). The medium to long-term rating of ‘AA+(f)’ denotes high degree of stability in NAV. Risk is modest but may vary slightly from time to time because of…

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  • VIS Reaffirms Broker Management Rating to FDM Capital Securities (Private) Limited

    Karachi, January 03, 2023 (PPI-OT):VIS Credit Rating Company Ltd. (VIS) has reaffirmed Broker Management Rating of ‘BMR3++’ assigned to FDM Capital Securities (Private) Limited (FDMCSPL). Outlook on the assigned rating is ‘Stable’. Last rating action was announced on November 29, 2021. The rating signifies sound external control, whereas client relationship, compliance and risk management, regulatory…

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  • VIS Reaffirms Fund Stability Rating of Meezan Sovereign Fund

    Karachi, January 03, 2023 (PPI-OT):VIS Credit Rating Company Limited (VIS) has reaffirmed the Fund Stability Rating (FSR) of Meezan Sovereign Fund (MSF) at ‘AA(f)’ (Double A (f)). The medium to long-term rating of ‘AA(f)’ denotes high degree of stability in NAV. Risk is modest but may vary slightly from time to time because of changing…

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  • JS Securities Limited – JS Research (January 03, 2023)

    Karachi, January 03, 2023 (PPI-OT): Dec-2022 CPI at 24.5%, Core inflation strong again December inflation readings came in at 24.5%, taking 1HFY23 CPI to 25.03%. On a MoM basis, CPI increase limited to 50bp as higher inflation in recreation was somewhat offset by lower food inflation this month. Average core inflation once again came in…

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  • Chinese Delegation of Qingdao Law Society met S.M. Naveed, Chairman SEZA

    Lahore, January 03, 2023 (PPI-OT):A Chinese delegation led by Mr. Cheng Dezhi, President of Qingdao Law Society along with his other executive members conducted a meeting with S.M. Naveed, Chairman Special Economic Zones Authority (SEZA) at C.M House Secretariat, on Monday. The meeting was attended by Cheng Dezhi, President Qingdao Law Society, Li Huanting, Vice…

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