Karachi:    Date Offer Redemption NAV Atlas Money Market Fund Aug 30, 2011 502.90 502.90 502.90 Atlas Income Fund Aug 30, 2011 486.20 481.39 481.31 Atlas Stock Market Fund Aug 30, 2011 323.47 317.13 317.13 Atlas Islamic Income Fund Aug 30, 2011 515.43 510.33 510.33 Atlas Islamic Stock Fund* Aug …

Karachi: Lucky Cement Limited (LUCK) posted NPAT of PkR3.97bn (EPS: PkRI2.28) in FY11 against NPAT of PkR3.14bn (EPS: PkR9.70) in FY10, translating into a strong growth of 27%YoY. According to AKD Securities, alongside, LUCK announced a final dividend of PkR4.0/share. Growth stemmed from higher cement prices (up -45%YoY) coupled with …

Islamabad: Prime Minister Syed Yusuf Raza Gilani has appointed Ch. Muhammad Azam (SG/BS21) as Additional Secretary Planning and Development Division. Ch. Muhammad Azam has served as Managing Director of the Pakistan Oilseed Development Board, Member in FBR, Joint Secretary, Ministry of Labour and Manpower and also as Director (Admn), Islamabad …

Islamabad: Prime Minister Syed Yusuf Raza Gilani has said that Pakistan and Kazakhstan have always enjoyed frictionless relationship. Tremendous scope existed to further expand their highly cordial ties. During a courtesy call by Ambassador Aider Jundyayeb of Kazakhstan on the Prime Minister at the Prime Minister’s House this morning, various …

Karachi: The Securities and Exchange Commission (SECP) has approved 45 securities for short selling in the ready market which would be effective from September 30, 2011. According to Alfalah Securities Limited, these securities would also be eligible for Securities Lending and Borrowing (SLB). The approval of 45 securities by SECP …

Karachi:   Fund Date Offer  Redemption Unit Trust Of Pakistan Aug 30, 2011 100.23 97.31 JS Income Fund Aug 30, 2011 88.77  87.89 JS Aggressive Income Fund  Aug 30, 2011  87.0  86.13 JS Aggressive Asset Allocation Fund Aug 30, 2011  22.31 21.66 JS Islamic Fund Aug 30, 2011 40.17 39.0 …

Karachi, August 30, 2011 (PPI): The prices of fertilizers are on a rising trend due to lack of production and its non-availability among farmers as the middlemen have stored the commodity in godowns to get extraordinary prices. According to Alfalah Securities Limited, Prices of a bag of Di-ammonium Phosphate (DAP) …