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Lahore: On 1 across Pakistan to mark Solidarity Day 2012. Thousands of citizens in villages, towns and cities will join the rallies. They will call upon all state institutions to play their due role within the parameters defined by the Constitution of Pakistan. They will also express their firm commitment …
Read More »Monthly Archives: December 2011
Morning Briefing for December 30, 2011 – Standard Capital
Karachi: FBR to revise mechanism of filing CGT returns Revision to help revive capital markets and increase volumes at stock exchanges Tax Reforms Coordination Group of the Federal Bureau of Revenue (FBR) is set to consider next week revision of filing of Capital Gains Tax (CGT) return mechanism and collection …
Read More »AKD Quotidian about — KSE: CY11 Review & CY12 Outlook
Karachi: CV11 was a disappointing year for the Pakistan equity market as the KSE-100 Index, with thin trading, closed at 11,435.67 points yesterday, down 4.9%YoY. According to AKD Securities, in this regard, escalating macroeconomic concerns, sustained political tension (both with the US and domestically), continuing law & order concerns and …
Read More »The Bell about Chemical – Elixir Securities Limited
Karachi: FFC: Robust 4Q likely; GIDC poses a risk Urea shortage amid higher prices shall beef up CY12 earnings 2% YoY decline in urea off take during 11MCY11 mainly emanated from higher prices along with high base effect of last year. However, recent gas shut down to SNGPL based network …
Read More »LPG prices raised by PKR 5-10 per kg – Alfalah Securities Limited
Karachi: The price of Liquefied Petroleum Gas (LPG) has been raised by PKR 5 per kg for plain areas while PKR 10 per kg for hilly areas on account on an increase in international prices. According to Alfalah Securities Limited, the plain areas including Karachi, Lahore, Faisalabad, Sargodha, Rawalpindi, Islamabad, …
Read More »Saudi Arabia to grant USD 172 million for Infrastructure Development for Malakand Region & Urea import – Alfalah Securities Limited
Karachi: Saudi Arabia has signed two agreements with Pakistan according to which it would grant USD 172 million aimed at the development of infrastructure of Malakand region and import of urea to improve agricultural productivity. According to the agreement, a soft loan of worth USD 72 million for duration of …
Read More »New board elected for KSE – Alfalah Securities Limited
Karachi: The Karachi Stock Exchange (KSE) held its annual election on Thursday to elect five directors for the next year term. According to Alfalah Securities Limited, it has been reported that Yasin Lakhani, Haji Ghani Haji Usman, Yaqoob Habib, Saeed Ahmed Butt and Abdul Majeed Adam were declared elected out …
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