Islamabad, May 16, 2013 (PPI-OT): A Cabinet meeting held under the chairmanship of Prime Minister Justice (Retd) Mir Hazar Khan Khoso today reviewed in detail, the conduct of general elections 2013 and other agenda items. In his opening remarks, the Prime Minister thanked all members of the cabinet for their commitment and cooperation in the […]
Islamabad, May 16, 2013 (PPI-OT): Pakistan’s Ambassador to Japan, Farukh Amil visited Hosei University – one of the largest universities of Japan and delivered a lecture on, “Pakistan – Japan relations and Pakistan’s relations with neighboring countries”. A large number of students belonging to department of International Relations and members of the University faculty attended […]
Karachi, May 16, 2013 (PPI-OT): President Asif Ali Zardari on the advice of the Prime Minister has approved the confirmation of three Additional Judges of Sindh High Court and one Additional Judge of Islamabad High Court as judges of SHC and IHC respectively. Spokesperson to the President Senator Farhatullah Babar said that these nominations were […]
Islamabad, May 16, 2013 (PPI-OT): The USAID Dairy Project has spurred growth in Pakistan’s rural economy by helping women farmers increase their incomes and improve their livelihoods. Realizing the pivotal role rural women play in Pakistan’s livestock sector, USAID is creating a pool of up to 5,000 locally-trained and readily-available female livestock extension workers to […]
Islamabad, May 16, 2013 (PPI-OT): [This is a rush transcript. This copy may not be in its final form and may be updated.] Opening Statement At the outset let me express our shared sense of national pride on the conduct of democratic elections, which witnessed a high participation of the people of Pakistan. As you […]
Karachi, May 16, 2013 (PPI-OT): Equities rallied despite disappointing industrial data US markets remain buoyant as Dow and SandP 500 continued to make higher highs into uncharted waters. DJI gained 60.44 points, up 0.40%, and concluded previous session at record 15,276. According to KASB Securities Limited the SandP also moved in tandem adding 8.44 points, […]
Karachi, May 16, 2013 (PPI-OT): The listed banking sector has underperformed the KSE-100 Index by 8%CYTD but recent price performance suggests banks are in the midst of a catch-up rally where banks such as MCB, SNBL, and BOP have gained in the 26%-45% range over the last month. According to AKD Securities in this regard, […]
Karachi, May 16, 2013 (PPI-OT): As the veteran political party, PML’N, plans to diligently rein in country’s administration –only a few days away– post Elections 2013, Arif Habib Limited has seen a number of developments taking place for country’s good that have reflected into capital market’s gaining more momentum (~22% return YTD) as well as […]
Karachi, May 16, 2013 (PPI-OT): Date Offer Redemption ABL Income Fund (ABL-IF) May 16, 2013 10.0971 10.0971 ABL Stock Fund (ABL-SF) May 16, 2013 15.5143 15.0624 ABL Islamic Income Fund (ABL-IIF) May 16, 2013 10.1077 10.1077 ABL Government Securities Fund (ABL-GSF A) May 16, 2013 10.0069 10.0069 ABL Government Securities Fund (ABL-GSF B) May 16, […]
Karachi, May 16, 2013 (PPI-OT): Date Offer Redemption NAV PICIC Income Fund May 16, 2013 103.1850 101.9111 PICIC Cash Fund May 16, 2013 101.7865 100.7787 PICIC Stock Fund May 16, 2013 144.1189 139.9213 PICIC Growth Fund May 16, 2013 33.8100 PICIC Investment Fund May 16, 2013 15.0300 PICIC Energy Fund May 16, 2013 12.8500 For […]
Karachi, May 16, 2013 (PPI-OT): Date Offer Redemption NAV Pak OMAN Government Securities Fund (POGSF) May 16, 2013 10.1576 10.1576 Pak Oman Advantage Fund Islamic Income (POAIIF) May 16, 2013 52.3607 51.8371 Pak Oman Advantage Asset Allocation Fund (POAAAF) May 16, 2013 64.01 62.41 Pak Oman Islamic Asset Allocation Fund (POIAAF) May 16, 2013 62.35 […]
Karachi, May 16, 2013 (PPI-OT): Date Offer Redemption NAV Atlas Money Market Fund May 16, 2013 506.34 506.34 506.34 Atlas Income Fund May 16, 2013 514.45 509.36 509.36 Atlas Stock Market Fund May 16, 2013 507.02 497.08 497.08 Atlas Islamic Income Fund May 16, 2013 514.09 509.00 509.00 Atlas Islamic Stock Fund May 16, 2013 […]
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