Karachi:   COMPANIES KSE KSE-30 KSE-100 KSE-ALLSHARES KMI-30 BATi OGTi POSITION INDICES INDEX INDEX INDEX INDEX INDEX INDEX Plus 204 Current 12114.13 13761.76 9649.95 23571.97 8810.93 13269.35 Minus 83 Previous 11938.11 13559.10 9510.53 23189.41 8725.90 13075.83 Unchanged 57 High 12129.91 13764.11 9654.17 23595.96 8834.79 13296.04 Total 344 Low 11938.11 13559.10 …

Lahore: The Pakistan Credit Rating Agency (PACRA) has maintained the long-term and short-term entity ratings of Pakistan State Oil Company Limited (PSO) at “AA+” (Double A plus) and “A1+” (A one plus), respectively. These ratings denote a very low expectation of credit risk emanating from a very strong capacity for …

Lahore: The Pakistan Credit Rating Agency (PACRA) has maintained the long term and short term entity ratings of Modaraba Al-Mali (MAM) at “A-” (Single A minus) and “A2” (A Two), respectively. These ratings denote a low expectation of credit risk. The capacity for timely payment of financial commitments is considered …

Karachi: JCR-VIS Credit Rating Company Limited (JCR-VIS) has revised the Sukuk rating of Quetta Textile Mills Limited (QTML) from ‘BB’ (Double B) to ‘D’ in view of non-payment of full instalment (principal plus interest) due on March 26, 2012. For more information, contact: Mr. Javed Callea Advisor JCR-VIS Credit Rating …

Karachi: JCR-VIS Credit Rating Company Limited has reaffirmed the fund stability rating (FSR) of JS Cash Fund (JSCF) at ‘AA+(f)’ (Double A Plus(f)). The operational investment policy of the fund along with its actual asset allocation depicts low exposure to credit, market and liquidity risk. At February-end 2012, exposure in …

Karachi: Al Baraka Bank Pakistan, a subsidiary banking unit of Al Baraka Banking Group B.S.C. (ABG), announced a remarkable increase of 177% in total operating income in year 2011. Shareholders equity enhanced by 6.6%, total assets also increased by 19%, total customer deposits including IAH by 24.8% and financing and …

Karachi: The Company has received nominations from the following persons for election of directors in the Extra Ordinary Annual General Meeting to be held on 28th March. 2012. 1. Mr. Jawed Anwar 2. Mr. Faiq Jawed 3. Mr. Shaiq Jawed 4. Mrs. Farhat Jehan 5. Syed Hussain Shahid Mansoor Naqvi …