Pakistan Stock Exchange Limited Market Position on 31-10-2019

Karachi, October 31, 2019 (PPI-OT): DAILY STOCK MARKET REPORT Market Position Printed On OCT-31-2019 COMPANIES KSE KSE-30 KSE-100 KSE-ALLSHR KMI-30 BATi OGTi PSX-KMI POSITION INDICES INDEX INDEX INDEX INDEX INDEX INDEX INDEX Plus 235 Current 15937.71 34203.68 24698.78 55842.17 12718.42 15615.76 16211.12 Minus 101 Previous 15752.45 33761.41 24572.48 54830.79 12667.69 15412.04 15975.47 Unchanged 19 High […]

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AKD Securities Limited Equity Research – Daily Report (31-10-2019)

Karachi, October 31, 2019 (PPI-OT): PAEL: Jumping the medium-term puddle of mud Assessing detailed Sept’19 financials, we draw conclusions regarding better than expected (but still weak) profitability where below the line cost curtailment, low cost inventory kept margins firm and debt levels manageable. An extended inventory cycle has stressed cash conversion, while monetary tightening depletes […]

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Extend last date for filing of Income Tax Returns till 31st December 2019: Suleman Chawla

Karachi, October 31, 2019 (PPI-OT): Mr. Suleman Chawla, President of SITE Association of Industry in a press release issued today, has urged the Chairman, Federal Board of Revenue (FBR), to extend the last date of filing of Income tax return till December 31, 2019. He said the traders were observing shutter-down strike on Oct 29 […]

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Daraz launches Gyara Gyara with 8 million deals and discounts worth Rs 50 crore starting November 11

Karachi, October 31, 2019 (PPI-OT): Daraz, the country’s leading online marketplace, has announced that the second edition of the Gyara Gyara (11.11) sale will be kicking-off at midnight on November 11, 2019 and will offer customers a unique experience that will go beyond retail to offer entertainment. Daraz introduced the 11.11 sale in Pakistan in […]

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SMEDA established Honey Processing and Packaging Center Swat enables the country to export prime quality honey at competitive prices in the open global markets

Lahore, October 31, 2019 (PPI-OT): The Honey Processing and Packaging Center set up by the Small and Medium Enterprises Development Authority (SMEDA) in Swat has enabled the country to export prime quality Honey at competitive prices in the open global markets, besides successfully meeting the domestic demand. It was observed at a projects review meeting […]

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Philip Morris (Pakistan) Limited 9 months result impacted due to manufacturing optimization

Karachi, October 31, 2019 (PPI-OT): Philip Morris (Pakistan) Limited (“Company”) announced an operating loss before tax of PKR 1,728 million for the nine months period ended September 30, 2019. The operating loss before tax was mainly due to the management decision to reorganize its operational footprint by closing its factory in Kotri, which was essential […]

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2500 Customers served at K-Electric’s Customer Facilitation Camp in Landhi

Karachi, October 31, 2019 (PPI-OT): K-Electric (KE) recently organised a Customer Facilitation Camp in Babar Market area of Landhi, where residents could conveniently apply for New Connections, redress their complaints and avail payment solutions. In addition to this, an awareness session was also held where the safety hazards of power-theft through illegal kundas were highlighted […]

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