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Karachi, November 29, 2012 (PPI-OT): A correction has recently been witnessed in global coal prices where the South African Richards Bay prices have increased from a bottom of US$79.87 per ton to current US$87.57 per ton while the Australian Newcastle coal prices have risen to US$83.25 per ton from US$79.9 …
Read More »Daily Archives: November 29, 2012
Morning Call about Pakistan State Oil Company Limited – Arif Habib Limited
Karachi, November 29, 2012 (PPI-OT): A package of Positives in the offing! The stock of Pakistan State Oil (PSO) has gained 6% during Nov-12; outperforming the benchmark KSE-100 Index by 3%. According to Arif Habib Limited believes the stock to remain in the limelight due to factors like (1) healthy …
Read More »T Bill yields improves nominally in Auction – Alfalah Securities Limited
Karachi, November 29, 2012 (PPI-OT): State Bank of Pakistan has accepted bids worth of PKR 155.176 billion out of the total received bids of PKR 221.38 billion in yesterday’s Treasury bill auction where the cut-off rates have witnessed some improvement between 1 to 4 basis points. According to Alfalah Securities …
Read More »PIA to add 8 aircraft to its fleet in 2013 – Alfalah Securities Limited
Karachi, November 29, 2012 (PPI-OT): Pakistan International Airlines (PIA) is planning to add 8 Airbus aircraft to its fleet in 2013 where five Airbus aircrafts will be added during the first half of 2013, while three such aircrafts will be acquired during the second half of 2013. According to Alfalah …
Read More »Gul Ahmed to go for expansion – Alfalah Securities Limited
Karachi, November 29, 2012 (PPI-OT): Gul Ahmed Textile Mills has issued 20% right shares at the Karachi Stock Exchange recently to expand its sales operations in local and international markets. According to Alfalah Securities Limited, the company will generate about PKR 253 million funds from the issued right shares which …
Read More »Unilever opts to delist its shares – Alfalah Securities Limited
Karachi, November 29, 2012 (PPI-OT): The management of Unilever Pakistan Ltd. (ULEVER) is getting its shares delisted from Karachi, Lahore, and Islamabad stock exchanges through buyback of shares. According to Alfalah Securities Limited, the main shareholder – Unilever Overseas Holdings Limited, United Kingdom of ULEVER having 75.05% shareholding in the …
Read More »There is huge potential of cooperation between Pakistan, Scandinavian countries which needs to be capitalized for mutual benefit: Speakers
Islamabad, November 29, 2012 (PPI-OT): Speakers at a roundtable session viewed that there was a huge potential of cooperation between Pakistan and Scandinavian countries which needs to be capitalized for their mutual benefit and stressed the need to have an exclusive Scandinavian perspective and narrative on important global issues based …
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