KARACHI, March 4, 2021: Pakistan’s textile sector profits posted an increase of 32 percent YoY in the first half of this fiscal year (1HFY21) supported by higher sales and lower finance cost supported earnings. Topline securities has presented profitability analysis of listed textile composite sector of Pakistan, based on a sample of 21 companies; representing 82 percent…
Karachi, March 04, 2021: A Memorandum of Understanding (MoU) was signed between Faysal Bank Limited and National Clearing Company of Pakistan Limited (NCCPL), a capital market infrastructure institution of Pakistan. The Pakistan Mortgage Refinance Company (PMRC) collaborated on the said initiative. Mudassir H. Khan, MD & CEO, PMRC was the Chief Guest at the occasion. Under…
Karachi, Mar. 4, 2021: To further its Million Tree Plantation Program, Indus Motor Company (IMC), has signed a Memorandum of Understanding (MoU) with the United Nations Association of Pakistan (UNAP). The MoU was signed at IMC headquarters, by the Company’s CEO, Ali Asghar Jamali and President UNAP, Moohi Shaheen. Under the partnership, UNAP will undertake to…
KARACHI, March 04, 2021: Nestlé Pakistan was recognized as a diversity and inclusion (D&I) champion at the Global Diversity and Inclusion Benchmarks (GDIB) Awards 2021. Nestlé Pakistan won a total of six awards in categories of D&I leadership, structure, recruitment, benefits, vision and social responsibility at the annual diversity and inclusion conference held in Karachi….
Karachi, March 04, 2021: Throughout the day, the KSE 100 remained in bearish momentum as the result of senate elections wreaked havoc on sentiment. Selling pressure was witnessed across the board where stocks such as LUCK (-2.5 percent), TRG (-3.3 percent), BAFL (-1.7 percent), HUBC (-1.7 percent), FFC (-1.3 percent) and UBL (-2.2 percent) lost…