Karachi: Weighted average spreads have registered at 7.59% in Aug’11, down 29bpsMoM but up 3bpsYoY. According to AKD Securities, sequential contraction in spreads is due to a combination of 11bpsMoM decline in WA lending yields and 18bpsMoM increase in WA deposit cost. While the former tracks lower KIBOR following the …
Read More »Daily Archives: October 4, 2011
Morning Call about Political tension and global financial crisis pushed KSE down 1QFY12
Karachi: The Benchmark KSE-100 Index lost its vigour by 6% or 734 points to end the 1QFY12 above 11,700 levels. According to Arif Habib Limited, the Index traced a zigzag trajectory moving within a range of 12,576 and 10,842. Despite healthy corporate results from Index heavy weights like OGDC, PPL …
Read More »Fertilizer Industry seeks gas supply
Karachi: The fertilizer manufacturers have warned the government to either restore full supply of gas to the industry or to import significant amount of fertilizers in order to cope up with the demand of farmers in the Rabi season. According to Alfalah Securities, fertilizer manufactures have claimed that the Sui …
Read More »CPI inflation eases to 11.47% during Jul-Sep
Karachi: According to the data released by the Federal Bureau of Statistics (FBS), the average Consumer price index (CPI) inflation rose to 11.47% during July-September 2011 while, the Sensitive Price Index (SPI) and Wholesale Price Index (WPI) rose to 10.68% and 18.62% respectively during Jul-Sept 2011 against the corresponding period. …
Read More »Where Bank Means Everything for People Rs. 158 million earmarked for flood relief The Numbers Speak for National Bank of Pakistan Services in Recent Rains and Floods
Karachi: Being nation’s bank, NBP is always the first corporate entity to come forward and help the nation whenever a calamity hits its countrymen. National Bank of Pakistan has distributed cumulatively more than 24,750 rations bags in all affected areas, more than 7,554 tents have been distributed, established more than …
Read More »Etihad offers 15% discount sale for 48hours only
Lahore: 04 October, 2011 Etihad Airways, the national airline of the United Arab Emirates, is offering highly discounted fares to its Pakistani passengers who wish to travel to popular destinations across North America and Europe. These attractive discounts of up to 15% will be offered on tickets purchased on 4th …
Read More »اتحاد ایئر ویز 48 گھنٹے تک قیمتوں میں 15 فیصد رعایت پیش کر رہا ہے
لاہو :- اتحاد ایئر ویز متحدہ عرب امارات کی قومی ایئرلائن ہے ، جو کہ اپنے پاکستانی مسافروں کے لئے ہوائی سفر کے کرایوں میں بے مثال رعایت پیش کررہا ہے ، تاکہ یہ صارفین شمالی امریکہ اور یورپ کی مقبول ترین منازل تک سیاحت کا خواب پورا کرتے ہوئے …
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