Karachi, March 19, 2021: NRSP Agri Processing Company (NRSP-APCL) and Naymat Collateral Management Company Limited (NCMCL) have collaborated to issue the first Electronic Warehouse Receipt (EWR) against rice and paddy stocks stored at the recently accredited NRSP-APCL facility located at Hafizabad (Punjab). NCMCL is the first collateral management company incorporated under the Collateral Management Company Regulations…
Karachi, March 19, 2021: JS Global expecting that Pak Suzuki Motor Company’s (PSMC) to announce a Loss after Taxation of Rs2.1 billion (LPS: Rs25.36) for the year CY20, compared to a net loss of Rs2.9 billion (LPS: Rs35.49) in CY19. Pak Suzuki Motor Company’s (PSMC) board meeting to announce CY20 results is scheduled for Monday,…
Karachi, March 19, 2021: Facebook published a newsroom post to announce changes that have been made to the way it recommends groups and will also be limiting the reach of those that break its rules. The new policies are part of a continued effort to clean up misinformation and harmful content, like hate speech and…
Karachi, March 18, 2021: Pakistan local cement sales in Mar-2021 are expected to increase by 36-42 Percent YoY, taking 9MFY21 local sales growth to 16-20 Percent YoY. This is in line with our expectations, as we had also mentioned in our last month’s report that local cement sales are likely to grow by 40 Percent…
Karachi, March 17, 2021: Pakistani Equities clawed back the gains on Wednesday with the KSE 100 Index closing at 45,450 level (up 1.32 percent ). Over the past 4 days, the market has recovered 2,671points (6.24 percent ) against 3,057points lost amidst the senate elections. The rally is attributable to easing political noise owed to…