PSX: investors are cautious over upcoming monetary policy on 14 December
Expect the market to trade in a range as investors are cautious over upcoming monetary policy on 14th December, where expectations are building up for an interest rate hike of…
The urea industry can yearly earn $400-500 million
The Pakistan urea industry can earn export revenues of $400-500 million by exporting fertilizer in a year if the urea industry is deregulated. This notion was shared by ENGRO Fertilizers…
Pakistan stock performed negatively – 2.5% performance during the Nov
· Drawing curtains to MSCI EM, KSE-100 closed Nov'21 at 45,072.4pts, denoting a –ve 2.5% performance during the month while marking the highest volatility CYTD. Avg. Volume for the month…
Mughal Iron & Steel Industries plans to set up power plant, no further details
AKD Securities Ltd. organized Analyst Briefing of Mughal Iron & Steel Industries Limited (MUGHAL) to discuss FY21 result and future outlook of the company. To highlight, the company reported outstanding…
Gharibwal Cement expanding its capacity in Pakistan
Gharibwal Cement Limited is implementing an expansion program to augment its capacity. Mr Shamail Javed, Chief Financial Officer (CFO) of the Company, disclosed it during a corporate briefing session of…
Present dynamic of Pakistan steel industry
Impressive Chinese export growth in Oct'21(+27.1%YoY) to US$300.2bn has counterbalanced some of the pressure mounting on Chinese local manufacturers from emergence of enormous power shortage, supply-side disruptions and reappearance of covid-19 cases in China