FLASHNEWS:

Year: 2023

ICCI and WFP discuss cooperation to address food insecurity issues

Islamabad, August 30, 2023 (PPI-OT): Ms. Rei Ishii, Head of Supply Chain, World Food Program (WFP) visited Islamabad Chamber of Commerce and Industry (ICCI) and discussed areas of collaboration between WFP and ICCI to address the food insecurity issues…

Power sector destroying economy, wiping out the middle class

Karachi, August 30, 2023 (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 said on Wednesday that the p…

VIS Maintains Entity Ratings of Kohinoor Mills Limited

Karachi, August 30, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has maintained the entity ratings of Kohinoor Mills Limited (KML) at ‘BBB+/A-2’ (Triple B Plus/A-Two). Medium to long-term rating of ‘BBB+’ signifies adequate credit quality, wi…

JazzCash to Enable QR Transactions at Shell Sites Nationwide

Islamabad, August 30, 2023 (PPI-OT): JazzCash, has joined hands with Shell Pakistan Limited (Shell) to enable QR payments nationwide. This collaboration will allow JazzCash customers to conduct QR transactions at Shell retail sites across the country t…

Masses are being sacrificed for the interests of elite

Islamabad, August 30, 2023 (PPI-OT): Saifuddin Sheikh, Executive Director of Pakistan Economy Watch (PEW) on Wednesday that the integrity of the country and interests of the masses are being compromised for the sake of the elite. The previous governmen…

AKD Securities Limited – AKD Daily Technical (30 Aug 2023)

Karachi, August 30, 2023 (PPI-OT): KSE-100 – Index declines by 708ptsMarket View – TechnicalThe index opened on a n negative note and faced a bearish session. The local bourse posted a low of 880pts and concluded with a loss of 708pts to settle at 46,7…

JS Securities Limited – JS Research (30 Aug 2023)

Karachi, August 30, 2023 (PPI-OT): CHCC and KOHC FY23 result previewsWe present 4QFY23 earnings expectations for Cherat Cement Ltd. (CHCC) and Kohat Cement Ltd. (KOHC), where we anticipate a reduction in bottom-line owing to higher financial and tax ch…