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Karachi: Strong earnings growth leading to outperformance by 10.6% According the Arif Habib Limited, Bank Alfalah Limited (BAFL) during the last 2 weeks has outperformed the benchmark index (KSE100) by 10.6%. The bank has remained under performed in CY11 before that by 5.6%. This was mainly due to realization of …
Read More »Daily Archives: October 7, 2011
Punjab Seed Corporation budget of worth PKR 270.51 mn approved – Alfalah Securities Limited
Karachi: The annual budget of Punjab Seed Corporation (PSC) has been approved of worth PKR 270.51 mn for FY12 by the Punjab Seed Corporation in its 98th annual meeting. According to the budget approved, high quality seeds of major crops of worth PKR 3.112 bn would be sold to farmers …
Read More »Four Gencos to get handed over to private management – Alfalah Securities Limited
Karachi: The government has established a holding company comprising of directors from the private sector to hand over four Generation companies (Gencos) to a private management in order to bring an improvement in the power sector. According to Alfalah Securities, the Board of Directors from the private sector would be …
Read More »Petroleum Development Levy suspended on LPG – Alfalah Securities Limited
Karachi: The prices of Liquefied Petroleum Gas (LPG) have declined after the suspension of Petroleum Development Levy (PDL) on locally produced LPG by the Lahore High Court. According to Alfalah Securities, the suspension of Petroleum Development Levy (PDL) on LPG has led JJVL, OGDC and Parco to reduce LPG prices …
Read More »Insurance industry should introduce women-specific products: Mian Shahid Extra risk to women entrepreneur’s amounts to discrimination
Islamabad: Trend of insuring male members of the family should be changed as putting homemakers and women entrepreneurs to risks amounts to discrimination, a business leader said Friday. Like many other sectors, insurance industry in Pakistan is excessively focused on males while women are ignored which is unreasonable, said Mian …
Read More »Engro Corporation Limited’s dispatch of 1st interim dividend -2011
Karachi: We would like to advise you that the dividend warrants for the 1st interim Dividend for 2011 are dispatch to entitled shareholders under registered cover on October 07, 2011 For more information, contact: Samira Kamil Shares Officer Engro Corporation Limited 8th Floor, The Harbour Front Building, HC 3, Marine …
Read More »Suhail Jute Mills Limited’s financial result for the period ended 30th June, 2011
Karachi: We have to inform you that the Board of Directors of our Company in their meeting held at 16:00 hrs on Thursday, the 6th Day of October 2011, has deferred the approval of Annual Accounts for the year ended 30th June, 2011. and has applied for extension of one …
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