Karachi, July 17, 2012 (PPI-OT): With result season in full swing, today AKD Securities gives preview for lucky Cement’s (LUCK) full year FY12 results. According to AKD Securities expects LUCK to post earnings of PKR 6.6 billion (EPS- PKR 20.5) compared to earnings of PKR 3.97 billion (EPS- PKR 12.28) …
Read More »Daily Archives: July 17, 2012
New stocks added to eligible securities for Future Contracts – Alfalah Securities Limited
Karachi, July 17, 2012 (PPI-OT): According to a recent notice of the KSE, the revised list of 25 eligible securities for trading in deliverable futures and Cash settled Future Contracts have been notified. According to Alfalah Securities Limited, the new list has added EFOODS, AKBL, PAKRI, AICL as eligible securities …
Read More »China’s EXIM Bank to provide USD 700 million loans – Alfalah Securities Limited
Karachi, July 17, 2012 (PPI-OT): EXIM Bank of China has agreed to lend USD 700 million at comparatively low interest rate for dams’ projects (Darawat Dam, Nagj Gaj Dam and Naulogn Dam) which would be executed by Water and Power Development Authority (WAPDA) to enhance water storage capacity and generate …
Read More »FDI slid by 50% in FY12 to USD 812 million – Alfalah Securities Limited
Karachi, July 17, 2012 (PPI-OT): Pakistan’s Foreign Direct Investment (FDI) has by 50% to USD 812 million in FY12, as against USD 1.634 billion in FY11. According to Alfalah Securities Limited, Pakistan received USD 233 million FDI from USA, USD 201 million from Italy, USD142 million from UK and USD …
Read More »Moody’s downgraded Mobilink’s ratings to B2 – Alfalah Securities Limited
Karachi, July 17, 2012 (PPI-OT): Moody’s downgraded the corporate family rating of Pakistan Mobile Communications Limited (Mobilink) to B2 from B1 and the senior unsecured rating to Caa1 from B3. According to Alfalah Securities Limited, the rating agency has also changed the outlook of the company to negative from stable. …
Read More »Pakistan Mercantile Exchange initiates trading in 10 ounce silver contract
Karachi, July 17, 2012 (PPI-OT): Pakistan Mercantile Exchange Limited launched the 10 ounce silver contract this week for its small investors. Trading started in the contract right after approval was received last week from Securities and Exchange Commission of Pakistan. PMEX has currently opened two contracts for the months of …
Read More »First-Ever Nokia App Summit 2012 Concludes
Karachi, July 17, 2012 (PPI-OT): The Nokia App Summit 2012 showcased Nokia’s line-up of relevant mobile app content developed by Pakistani developers for Nokia Store and how these add up to a mobility experience par excellence for Nokia users. The Nokia App Summit 2012 comprised a conference, a developers’ workshop …
Read More »