Inside Financial Markets

OGDCL has become non compliant after 4th quarter results

shariahOGDCL has become non compliant after 4th quarter results

After incorporating the impact of PKR 55bn investment in PIB in 4th quarter (during the resolution of circular debt), OGDCL has become non compliant under the category of “Non Compliant Investments to Total Assets” by a significant margin.

 

Sanie Khan

Sanie Khan holds a deep knowledge of the financial markets in Pakistan. Based in Karachi, he has over 20 years of hands-on management experience in financial technologies and managing operations in the financial sector. He was the General Manager at the Pakistan Stock Exchange (PSX) for 17 years. He along-with senior members of Exchange

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Inside Financial Markets was a joint publication of Pakistan Stock Exchange (PSX)and Society of Technical Analysts Pakistan (STAP)