Pakistan Stock Exchange Limited Market Position on 20-08-

Karachi, August 20, 2019 (PPI-OT): DAILY STOCK MARKET REPORT Market Position Printed On August 20, 2019 COMPANIES KSE KSE-30 KSE-100 KSE-ALLSHR KMI-30 BATi OGTi PSX-KMI POSITIN INDICES INDEX INDEX INDEX INDEX INDEX INDEX INDEX Plus 268 Current 14347.63 30419.22 22273.17 47695.29 12096.52 13906.58 14112.80 Minus 86 Previous 13852.89 29562.42 21806.82 46378.27 11555.72 13434.71 13812.20 Unchanged […]

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AKD Securities Limited Equity Research – Daily Report

Karachi, August 20, 2019 (PPI-OT): Pakistan Autos: Consumers put the brakes on demand July’19 total automotive industry sales of 13,119 units (-19%MoM/-41%YoY) amounts to the weakest monthly sales figure since Dec’14, leading 7MCY19 total industry offtake to close at 134,630 units (-17%YoY), where major constituents moved -15%/-23%/-46% for Passenger Cars/LCV and Pick-ups/Trucks for the cumulative […]

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With Powerful All-Around Performance, New 5K Monitor Offers Extended Usability and Seamless Connectivity with Mac and iPad Pro

Karachi, August 20, 2019 (PPI-OT): LG Electronics (LG) introduced a new 27-inch UltraFineTM 5K Display (model 27MD5KL) which, along with the company’s 24-inch UltraFine 4K Display (model 24MD4KL), gives consumers two high-quality monitors that are designed specifically for the latest Apple products. LG’s UltraFine displays deliver amazing image quality when connected to a Mac or […]

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Jawed Bilwani demands to put industrial estates of Karachi under federal control

Karachi, August 20, 2019 (PPI-OT): Federal Minister for Maritime Affairs Mr. Syed Ali Haider Zaidi has assured his full support and cooperation to uplift the infrastructure of SITE area and have asked the SITE Association of Industry to prepare a Master Plan (Proposal) for total revamp of infrastructure in the area. The Master Plan (Proposal) […]

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PACRA Maintains Entity Ratings of Reliance International Commodities Export

Lahore, August 20, 2019 (PPI-OT): The ratings reflect the emergence of the Reliance International Commodity Exports (”Reliance”) as a growing IRRI rice exporter. In line with the overall industry changing the trend, Reliance has shifted its export sales mix from China to African countries in the recent past. This has not only reaped better top-line […]

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PACRA Maintains Entity Ratings of Jhulay Lal Parboiled Rice Mill

Lahore, August 20, 2019 (PPI-OT): The ratings reflect Jhulay Lal’s emerging position in the rice export market. Jhulay Lal (JL) has expanded its capacity over the last few years; the two new lines have been commissioned which have strengthened the business profile of the company. The company’s topline and profitability is expected to be sanguine, […]

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PACRA Maintains Entity Ratings of K.K. Rice Mills (Private) Limited

Lahore, August 20, 2019 (PPI-OT): The ratings capture the fresh injection of PKR ~ 175mln in the company as subordinated loan. The sponsors have expressed undertaking to keep the amount as such or convert it into paid-up capital. The ratings incorporate the improving market positioning of the company, also reflected from the recently reported numbers. […]

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