Archive for September, 2011

Extension of the Date for Filling of Sales Tax / Federal Excise Returns for the Period of August

[ 0 ] September 30, 2011 | Government Institutions

Islamabad: The Federal Board of Revenue has extended the dates for filing of Sales Tax and Federal Excise Returns for the period August, 2011. In a letter issued here today, it has been communicated to all Chief Commissioners of LTUs and RTOs that the date for filing of Sales Tax / Federal Excise Returns has [...]

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Wapda Chairman Visits Golen Gol Project

[ 0 ] September 30, 2011 | Government Institutions

Lahore: In view of increasing electricity demand in the country, Pakistan Water and Power Development Authority (WAPDA) has geared up its efforts for optimum utilisation of hydropower potential by initiating a number of projects. These projects will not only help bridge the gap between electricity generation and its consumption but also improve the ratio of [...]

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Takeda Completes Acquisition and Names New CEO of Nycomed

[ 0 ] September 30, 2011 | Medical/Health Care

AsiaNet 46584 OSAKA, Japan, Sept. 30/ PRNewswire-AsiaNet/ – Takeda Pharmaceutical Company Limited (“Takeda”, TSE: 4502) announced it has completed its acquisition of Nycomed A/S (“Nycomed”) for 9.6 billion Euro on a cash-free, debt-free basis and made Nycomed a wholly owned subsidiary of Takeda effective the same day. Dr. Frank Morich has been named CEO of [...]

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ایک چھوٹا پہاڑی گاؤں فیس بک پر وسیع ہوگیا

[ 0 ] September 30, 2011 | General, Urdu

AsiaNet 46569 کوور، سوئٹزرلینڈ، 30 ستمبر / پی آر نیوز وائر – ایشیا نیٹ / اب ہر کوئی سوئس “بن ” سکتا ہے گرو بینڈن میں اوبرمیٹن کا چھوٹا پہاڑی گاؤں چند دنوں کے لیے فیس بک پر آگیا ہے اور ایک انوکھا وعدہ کر رہا ہے۔ ہر کوئی جو http://www.facebook.com/obermutten پر جائے اور “لائک” [...]

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A Small Mountain Village Gets Big on Facebook

[ 0 ] September 30, 2011 | General

AsiaNet 46569 CHUR, Switzerland, Sept. 30/PRNewswire-AsiaNet/ – Now Anybody Can “Become” Swiss The little mountain village of Obermutten in Graubuenden has been on Facebook for a few days and is making an unusual promise. Anyone who goes to http://www.facebook.com/obermutten and clicks on “like” can put his/her photo onto the Commune’s official notice board. By doing [...]

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The Bell about Oil & Gas – Elixir Securities Limited

[ 0 ] September 30, 2011 | Brokerage

Karachi: Floods effecting E&P operations According to Elixir Securities, the recent floods in Sindh have affected drilling operations at various sites, while also affecting the pace of development projects. Latest PPIS drilling activity reports shows suspension of drilling on three well sites – two exploratory – including Kakejani‐01 operated by BP and Gulsher‐01 operated by [...]

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Morning Buzz for September 30, 2011 – MR Securities

[ 0 ] September 30, 2011 | Brokerage

Karachi: LHC restrains OGRA, ministry from pursuing LPG Policy According to MR Securities, the Lahore High Court (LHC) on Thursday restrained the Oil and Gas Regulatory Authority (OGRA) and the Ministry of Petroleum and Natural Resources from taking any coercive action against LPG marketing companies pursuant to the controversial LPG Production and Distribution Policy, 2011 [...]

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Technical Analysis issued by Adeel and Nadeem Securities Limited

[ 0 ] September 30, 2011 | Brokerage

Karachi: According to Adeel and Nadeem Securities Limited the Technical Analysis for September 30, 2011   Share Support-2  Support1 Resistance-1 Resistance-2 KSE-100  11,431.81 11,518.53 11,708.33 11,811.29 ATRL 108.12 110.10  114.30 116.01 OGDC 128.60  130.40 134.25  135.92 PPL 183.91 187.16 194.04  197.84 POL  360.79 363.47 372.69 374.99 NBP 43.74 44.38 46.38 47.26 MCB 167.34 170.46 176.04 [...]

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Morning Chronicle issued by Adeel and Nadeem Securities Limited

[ 0 ] September 30, 2011 | Brokerage

Karachi: The Karachi Stock Exchange surged further in the Wednesday session due to massive buying mainly by banking institutions in the fertilizer and oil sectors. According to Adeel and Nadeem Securities, the KSE-100 share index gained another 94.45 points (+0.82 percent) to close at 11,625.69. The intra-day range of the KSE-100 index for the session [...]

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AKD Quotidian about Inflation Preview, DR expectations and the KSE

[ 0 ] September 30, 2011 | Brokerage

Karachi: Inflation numbers for Sep’11 are likely to be released before the Oct 8′ll monetary policy statement. According to AKD Securities, they expect CPI to clock in at 1O.7%YoY/1.25%MoM in Sep’11, which would imply real interest rates of 2.8%. While this implies SBP has the space to cut the DR swiftly, particularly if the central [...]

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Taurus Securities Limited Market Overview

[ 0 ] September 30, 2011 | Brokerage

Karachi: The market was volatile on Thursday with profit taking activity in selective Index stocks. According to Taurus Securities, the KSE-100 Index gained 16 points to end the day at 11,642 on the back of 80m shares exchanging hands. Most of the activity was concentrated in the Chemicals, Banks, Fixed line telecom and Construction & [...]

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Morning Call about Ufone and Broadband segment continue to fuel growth – Arif Habib Limited

[ 0 ] September 30, 2011 | Brokerage

Karachi: With no short term trigger, the stock of Pakistan Telecommunication Company Limited (PTC) has lost more than 25.3% since the start of FY12, underperforming the Benchmark KSE-100 Index by 13.8%. According to Arif Habib Limited, this was mainly on account of shrinking fixed line operations, price competition and rising operating cost which resulted in [...]

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