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Karachi, October 16, 2012 (PPI-OT): The mutual fund industry of Pakistan has depreciated by 21.37% MoM in term of asset size where, the assets under management (AUM) have now reached to PkR 330 bn in September 2012. According to Alfalah Securities Limited, the open ended mutual funds size has dropped …
Read More »Daily Archives: October 16, 2012
Non‐customer gas theft added in SSGC’s UFG estimation – Alfalah Securities Limited
Karachi, October 16, 2012 (PPI-OT): Sui Southern Gas Company (SSGC) has been allowed to include non‐customer gas theft in unaccounted for gas (UFG) estimation, as reported in the newspaper. According to Alfalah Securities Limited, the non‐customer gas theft is already included in the UFG calculation by Sui Northern Gas Pipeline …
Read More »International Steel posts loss in 1Q FY13 – Alfalah Securities Limited
Karachi, October 16, 2012 (PPI-OT): International Steel has announced 1QFY13 results posting loss after tax of PKR 12.64 mn (LPS: PkR 0.03) which is better as against loss after tax of PkR 92.65 mn (LPS: PKR 0.21) in 1QFY12. According to Alfalah Securities Limited, the revenues surged by 4.3% to …
Read More »UBL plans to open branch in India – Alfalah Securities Limited
Karachi, October 16, 2012 (PPI-OT): United Bank Ltd. (UBL) has contacted the Reserve Bank of India (RBI) and sought the details of statutory requirements required to start banking business in India. According to Alfalah Securities Limited, the opening of UBL’s branch in India would initially add to cost of setting …
Read More »Warid introduces Google Talk over Short Message Service through Gmail
Karachi, October 16, 2012 (PPI-OT): Warid introduces Google Talk Over SMS through which Warid Gmail users can send free text messages to any Warid number from their Gmail accounts. With this service Warid subscribers can also reply back to SMS messages sent from Google chat, which will appear on Gmail …
Read More »Securities and Exchange Commission of Pakistan’s Investor Education Programme
Lahore, October 16, 2012 (PPI-OT): Lahore Stock Exchange held its sixth session of SECP Investor Education Program for the students of COMSATS institute of Information Technology, Vehari. The seminar was attended by a huge number of Master level students. High officials from Securities and Exchange Commission of Pakistan (SECP) and …
Read More »Chief Secretary directs Police Officers to perform their duties more devotedly
Karachi, October 16, 2012 (PPI-OT): Chief Secretary Sindh Raja Muhammad Abbas has advised the Police Officers to perform their duties more devotedly and zealously as there are heavy responsibilities over their shoulders, to ensure peace and stability in the society. He was addressing the under training ASPs (Assistant Superintendents of …
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