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Karachi, July 06, 2012 (PPI-OT): AKD Securities expects FATIMA to post bumper earnings in 2QCY12, thanks to a strong rebound in sales, particularly in the month of June. According to AKD Securities, in line with industry fertilizer off take, FATIMA is expected to outshine in Jun’12 where AKD Securities estimates …
Read More »Daily Archives: July 6, 2012
Forex inches up by 1.8% WoW to USD 15.236 bn – Alfalah Securities Limited
Karachi, July 06, 2012 (PPI-OT): Pakistan’s liquid foreign exchange reserves have increased by 1.818% wow or USD 272 mn to USD 15.236 bn in the week ending June 29 from USD 14.964 bn in the previous week. According to Alfalah Securities Limited, the foreign exchange reserves held by the SBP …
Read More »National Investment Trust Ltd declares cash dividend of PkR 3.50 per unit – Alfalah Securities Limited
Karachi, July 06, 2012 (PPI-OT): National Investment Trust Ltd. (NITL) has announced a cash dividend of PkR 3.50 per unit for unit holders of its equity fund ‐ NI(U)T Fund for FY12 against PkR 4 per unit paid last year. According to Alfalah Securities Limited, the dividend would translate in …
Read More »Securities and Exchange Commission of Pakistan Chairman to visit Karachi Stock Exchange – Alfalah Securities Limited
Karachi, July 06, 2012 (PPI-OT): SECP Chairman along with his team is scheduled to visit Karachi Stock Exchange (KSE) on 12th July, 2012 to share views on matters relating to improving efficiency and developing investment avenues in the capital markets. According to Alfalah Securities Limited, in the said meeting, SECP …
Read More »FFC hikes urea prices – Alfalah Securities Limited
Karachi, July 06, 2012 (PPI-OT): Fauji Fertilizer Company (FFC) has announced an increase in urea price by PkR 20 per bag to PkR 1,720 per bag on account of hike in gas cess. According to Alfalah Securities Limited, FFC has also increased DAP prices by PkR100 per bag to PkR …
Read More »Wateen Upgrades Digital Cable Services New head-end from Appear TV
Lahore, July 06, 2012 (PPI-OT): Wateen Multimedia is now better serving the needs of its customers after the installation of a new head-end for improvement of its digital cable services. The head-end was built with state of the art equipment from Appear TV and is scalable to the current multimedia …
Read More »Pakistan Credit Rating Agency maintains Entity Ratings of Packages Limited
Lahore, July 06, 2012 (PPI-OT): The Pakistan Credit Rating Agency (PACRA) has maintained the long-term and short-term entity ratings of Packages Limited at ‘AA’ (Double A) and ‘A1+’ (A One Plus) respectively. These ratings denote a very low expectation of credit risk emanating from a very strong capacity for timely …
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