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KSE-100 index closes flat despite late recovery

KSE-100 index closes flat despite late recovery
Volume at KSE-100 slightly rose from 128 million shares recorded in the previous session to 156 million shares
July 30, 2021
Stocks staged a sharp recovery at Pakistan Stock Exchange (PSX), paring almost all of the intraday losses by the closing bell on Thursday as investors reacted to series of positive news flow during the day. However, the index still closed in red, posting a loss of five points and clocked at 47,312 level.
On Thursday the index opened on a negative note where it lost 363 points on the concerns that the government is mulling over strict measures including imposing a lockdown as Covid positivity ratio has reached 30pc in the business hub of the country – Karachi. ....

Asad Umar , Habib Bank , Arif Habib , Engro Fertilizers , Azgard Nine , Pakistan Stock Exchange , Byco Petroleum , Worldcall Telecom , Pak Suzuki Motor Company , Dawood Hercules Corporation , United Bank , Arif Habib Limited , Telecom Limited , Unity Foods , Commercial Banks , Textile Composite , Power Generation , Personal Care Products , Automobile Assembler , Habib Bank Limited , United Bank Limited , Azgard Nine Limited , Pak Suzuki Motor Company Limited , Automobile Parts , Investment Banks , Thal Limited ,

Market watch: KSE-100 dives amid economic concerns

Market watch: KSE-100 dives amid economic concerns
tribune.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribune.com.pk Daily Mail and Mail on Sunday newspapers.

Asad Umar , Pakistan Stock Exchange , Byco Petroleum , Financial Action Task Force , Worldcall Telecom , Abbott Laboratories , Arif Habib , State Bank , Special Initiatives Asad Umar , Habib Limited , Emerging Markets , Frontier Markets Index , Thal Limited , Allied Bank , Packages Limited , Lucky Cement , Call Telecom , Jahangir Siddiqui , அசாத் உமர் , பாக்கிஸ்தான் ஸ்டாக் பரிமாற்றம் , பயகா பெட்ரோலியம் , நிதி நடவடிக்கை பணி படை , அப்போட் ஆய்வகங்கள் , ஆரிப் ஹபீப் , நிலை வங்கி , சிறப்பு முயற்சிகள் அசாத் உமர் ,

Thal setting up Rs1.7b polypropylene bag plant

Thal setting up Rs1.7b polypropylene bag plant
Investment expected to contribute to national exchequer, job creation
KARACHI:
In line with increased demand, Thal Limited - a subsidiary of the House of Habib - is setting up a manufacturing plant for polypropylene woven bags in Hub with an investment of Rs1.7 billion.
“Polypropylene bags are used for multiple purposes ranging from the packaging of fertiliser and sugar to finished agricultural products,” said Topline Securities Deputy Research Head Shankar Talreja.
Speaking to The Express Tribune, he highlighted that fertiliser products alone generated a primary demand for 170-180 million bags of polypropylene. ....

Syed Umair Ahmed , Salman Burney , Thal Pakistan Papersack Division , Topline Securities Deputy Research Head Shankar Talreja , Thal Limited , Topline Securities Deputy Research Head Shankar , Express Tribune , Habib Vice Chairman Salman Burney , Umair Ahmed , Middle East , சல்மான் பர்னி , தால் வரையறுக்கப்பட்டவை , எக்ஸ்பிரஸ் ட்ரிப்யூன் , நடுத்தர கிழக்கு ,

Thal Ltd to set up Rs1.7bln plant

Business
April 27, 2021
KARACHI: Thal Limited, a subsidiary of the House of Habib, is setting up a plant to manufacture polypropylene woven bags in Hub with an investment of Rs1.7 billion, a statement said on Monday.
Salman Burney, Vice Chairman of the House of Habib, performed the groundbreaking recently for the plant at the factory of Thal limited located in Hub, and it will be commercially operational by the end of February next year, it added.
The state-of-the-art plant, which has the capacity to produce 90 million bags annually, has been procured from Windmoller and Holscher of Germany.
“We are the pioneers of manufacturing industrial sacks and cement bags in Pakistan since 1973. Besides ensuring customer satisfaction and loyalty, this new investment is to further increase our contribution to the national exchequer and employment generation,” Burney said. ....

Syed Umair Ahmed , Salman Burney , Thal Limited , Vice Chairman , Umair Ahmed , Middle East , சல்மான் பர்னி , தால் வரையறுக்கப்பட்டவை , துணை தலைவர் , நடுத்தர கிழக்கு ,

Market watch: KSE-100 drops 26 points on selling pressure

Market watch: KSE-100 drops 26 points on selling pressure
Benchmark index decreases 0.06% to settle at 43,740.56
Shares of 405 companies were traded. At the end of the day, 187 stocks closed higher. PHOTO: FILE
KARACHI:
The stock market on Friday lost ground as there were more sellers than buyers and positive momentum petered out under the weight of uncertainties triggered by rising coronavirus cases coupled with India-Pakistan tensions.
Uncertainty in international oil markets, in the wake of demand issues, took a toll on Pakistan’s bourse and triggered sell-off in index-heavy sectors.
Moreover, the news of India planning to launch a “surgical strike” against Pakistan, revealed by Foreign Minister Shah Mehmood Qureshi during a press conference in Abu Dhabi, impacted the investment climate. ....

Abu Dhabi , Shah Mehmood Qureshi , Engro Corporation , Pakistan Petroleum , National Clearing Company Of Pakistan , Pakistan State Oil , Arif Habib , Foreign Minister Shah Mehmood Qureshi , Habib Limited , Thal Limited , Azgard Nine , Kohinoor Textile Mills , Kohat Cement , Fauji Foods , National Clearing Company , ஷா மெஹ்மூத் கரிஶி , பாக்கிஸ்தான் பெட்ரோலியம் , தேசிய அழித்தல் நிறுவனம் ஆஃப் பாக்கிஸ்தான் , பாக்கிஸ்தான் நிலை எண்ணெய் , ஆரிப் ஹபீப் , வெளிநாட்டு அமைச்சர் ஷா மெஹ்மூத் கரிஶி , ஹபீப் வரையறுக்கப்பட்டவை , தால் வரையறுக்கப்பட்டவை , கோஹினூர் ஜவுளி ஆலைகள் , கோஹாட் சிமென்ட் , பொஜி உணவுகள் ,