Islamabad, July 05, 2012 (PPI-OT): Appointment of Chaudhry Pervaiz Elahi as Deputy Prime Minister of Pakistan will strengthen democratic system and will help resolve serious issues of public nature confronting the country, said Sardar Talib Hassan Nakai, Federal Minister for Housing and Malik Nauman Ahmad Langrial, Minister of State in …

Islamabad, July 05, 2012 (PPI-OT): Prime Minister Raja Pevez Ashraf has said that the decision to open Ground Lines of Communications (GLOCs) for passage of NATO supplies through Pakistani territory was taken in the best national interest in the light of recommendations of Parliament. The Prime Minister expressed these views …

Islamabad, July 05, 2012 (PPI-OT): Prime Minister Raja Pervez Ashraf has sent a message of greetings to Prime Minister of the People’s Republic of China Mr. Wen Jiabao, on the successful launch of Shenzhou IX spacecraft. In his message, the Prime Minister said “My special praise is for the scientists …

Islamabad, July 05, 2012 (PPI-OT): Lieutenant General, Mohammed Bin Isa Bin Salman Al Khalifa, The Commander of National Guard, Kingdom of Bahrain has sent a message of greetings to Prime Minister Raja Pervez Ashraf on his appointment as Chief Executive of the country. In his message, The Commander of National …

Rawalpindi, July 05, 2012 (PPI-OT): General Khalid Shameem Wynne, Chairman Joint Chiefs of Staff Committee witnessed security exercise of Strategic Plans Division. Exercise was aimed at reviewing enhanced measures. General Khalid Shameem Wynne appreciated the skills, expertise and professionalism of participating troops and expressed complete confidence in their capabilities. For …

Islamabad, July 05, 2012 (PPI-OT): MARKET TREND: Bearish COMPANIES TRADED: TOTAL PLUS MINUS EQUAL 120 48 -72 0 INDEX POSITION: INDEX Opening Closing Change ISE-10 Index: 2888.52 2882.62 (5.90) TOTAL VOLUME: Previous Current Change 27,000 10,000 (17,000) VOLUME LEADERS: Company VOLUME of Shares Bank of Punjab 10,000 Top Gainer Unilever …

Lahore, July 05, 2012 (PPI-OT): The Pakistan Credit Rating Agency (PACRA) has maintained long-term and short-term entity ratings of Nishat Power Limited (NPL) at “AA” (Double A) and “A1+”(A one plus) respectively. The ratings denote a very low expectation of credit risk. They indicate very strong capacity for timely payment …