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Karachi, March 01, 2023 (PPI-OT): DAILY STOCK MARKET REPORT Market Position as of March 01, 2023 INDICES COMPANIES KSE KSE-30 KSE-100 KSE-ALLSHR KMI-30 BATI OGTI PSX-KMI POSITION INDEX INDEX INDEX INDEX INDEX INDEX INDEX INDEX Plus 110 Current 15153.16 40412.77 26639.72 68406.74 9581.04 10703.74 19330.54 Minus 178 Previous 15186.94 40510.37 26679.75 68762.41 9596.46 10830.94 19361.34…
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Karachi, March 01, 2023 (PPI-OT): KSE-100: Faces a bearish session The index opened with a slightly positive note and remained under pressure during the last trading session. The local bourse posted an intraday low of 348pts, a high of 71pts and concluded with a loss of 274pts to settle at 40,510pts. The volumes clocked in…
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Karachi, March 01, 2023 (PPI-OT): Pakistan Strategy – Feb’23 Market Review and Outlook While the KSE-100 index closed down by a meagre 163 points or down 0.40%MoM, the bands it traded between were as wide as 2,600 points. Major themes during the month were unveiling of the PkR170bn mini-budget, gas price revisions and cutoff yields…
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Lahore, March 01, 2023 (PPI-OT): Liberty Mills Limited has set up a 50MW wind power plant “Liberty Wind Power 2 Limited” (LWP2) in Jhimpir, District Thatta, Sindh. LWP2 is awarded a cost plus tariff, with the payments to be received from CPPA-G backed by the sovereign guarantee. The plant successfully achieved its Commercial Operations (COD)…
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Lahore, March 01, 2023 (PPI-OT): FINCA is categorized among mid-tier microfinance banks. The Bank reflects a presence across the province with 130 branches and around 13 districts. The ratings incorporate the association of FINCA (“the Bank”) with a global microfinance organization – FINCA International. This affiliation supports FINCA Microfinance Bank in terms of building a…
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Lahore, March 01, 2023 (PPI-OT): Liberty Mills Limited has set up a 50MW wind power plant “Liberty Wind Power 1 Limited” (LWP1) in Jhimpir, District Thatta, Sindh. LWP1 is awarded a cost plus tariff, with the payments to be received from power purchaser backed by the sovereign guarantee. The plant successfully achieved its Commercial Operations…
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Karachi, March 01, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed entity ratings of Mustaqim Dyeing and Printing Industries (Pvt.) Ltd (MDPIPL) to ‘A-/A-2’ (Single A Minus/Single A-Two). Long-term entity rating of ‘A-’ reflects good credit quality, and adequate protection factors. Risk factors may vary with possible changes in the economy. Short-term rating…
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