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kSE-100: Stocks stage sharp recovery, index powers past 48,000 level for 1st time in 2 weeks

kSE-100: Stocks stage sharp recovery, index powers past 48,000 level for 1st time in 2 weeks
Index gains 805 points; Mutual Funds were net buyers of whopping $12.69 million
July 9, 2021
Stocks staged sharp recovery at Pakistan Stock Exchange (PSX) on Thursday, breaking a four-day losing streak, as bullish momentum triggered a fresh buying spell.
The benchmark KSE-100 index tracking a strong turnaround, gained 805 points, and crossed the 48,000 mark for the first time in 2-weeks.
On Thursday, the market participants breathed a sigh of relief after NCCPL agreed to include June 2021 in CGT calculation, which would reduce payables as a lot of investors have booked losses in June to net off gains. ....

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KSE-100: Covid concerns, forward inflation risk keeps Investors on sidelines; index dips 82 points

KSE-100: Covid concerns, forward inflation risk keeps Investors on sidelines; index dips 82 points
July 7, 2021
Bears continued to rule at the KSE-100 index for the third consecutive session as investors remained on the sidelines- treading cautiously amid resurging Covid -19 cases in the country and rising concerns over forward Inflation.
On Tuesday, the trading activity resumed on a positive note, as the Index traded in the range of 417.75 points or 0.88 percent of previous close, showing an intraday high of 47,662.68 and a low of 47,244.93. The index clocked at 47,346 level by the closing bell after posting an 82 points loss. During the day, the National Command and Operation Centre (NCOC) held a meeting and indicated towards re-imposition of stringent standard operating procedures in view of a consistent uptrend in Covid-19 cases over the past one week. This report, in particular, coupled with higher international oil prices which weighed on inflation expectations, ....

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Kohat Cement Company Limited to establish cement plant at Khushab

Kohat Cement Company Limited to establish cement plant at Khushab
Written by Global Cement staff
18 February 2021
Pakistan: The board of directors of Kohat Cement Company Limited (KCCL) has approved plans to establish a 7800 – 10,000t/day integrated cement plant at Khushab, Punjab. The company will also set up an 8 – 10MW waste heat recovery (WHR) plant and a 25MW coal-fired power plant at the site. The total estimated cost of the project is US$189m. The producer will raise finances through a mix of debt and equity. Commissioning is scheduled for mid-2023.
Last modified on 24 February 2021 ....

Kohat Cement Company Limited , Kohat Cement , Waste Heat Recovery , Power Plant , கோஹாட் சிமென்ட் நிறுவனம் வரையறுக்கப்பட்டவை , கோஹாட் சிமென்ட் , கழிவு வெப்பம் மீட்பு , பவர் ஆலை ,