Karachi, August 30, 2013 (PPI-OT): Cement sector stocks came under heavy selling pressure yesterday (3.9% decline on average) as investors reacted sharply to rumors of a possible derailment in industry pricing. According to AKD Securities By way of background, cement producers without CPPs are at a relative disadvantage resulting in their push for an increase ...

Karachi, August 30, 2013 (PPI-OT): Total Volume (Lots): 17,135 Traded Value (Rs): 4,808,669,192 Commodity Price Quotation Open Close CRUDE OIL $ Per Barrel 109.30 107.82 SILVER $ Per Ounce 24.150 23.650 GOLD $ Per Ounce 1,411.80 1,394.90 GOLD Rs Per 10 gms 47,268 46,968 GOLD Rs Per Tola 56,601 55,920 RICEIRRI6 Rs Per 100 kg ...

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The post Price quotes of Pakistan Mercantile August 30, 2013 appeared first on AsiaNet-Pakistan.

The post Price quotes of Pakistan Mercantile August 30, 2013 appeared first on AsiaNet-Pakistan.

Karachi, August 30, 2013 (PPI-OT): State Bank of Pakistan conducted its Open Market Operations (Mop up) in following contracts on Aug 30, 2013. Bids received & accepted are given below: A: OMO BIDS NO OMO Tenor Bids Range Number of Bids Offered 1 06-Days (Repo) 8.45 - 8.55% 08 B: OMO RESULT (Rs. In Millions) ...

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The post State Bank of Pakistan’s Open Market Operations (Injection) result dated August 30, 2013 appeared first on AsiaNet-Pakistan.

The post State Bank of Pakistan’s Open Market Operations (Injection) result dated August 30, 2013 appeared first on AsiaNet-Pakistan.

Karachi, August 30, 2013 (PPI-OT): The following rates will be applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special U.S Dollar Bonds and profit thereon by all banks and for providing Forward Cover on Foreign Currency Deposits (excluding F.E-25 deposits) by the State Bank on September 2, ...

The post State Bank of Pakistan announce rates for conversion of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special United States Dollar Bonds and profit thereon August 30, 2013 appeared first on AsiaNet-Pakistan.

The post State Bank of Pakistan announce rates for conversion of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special United States Dollar Bonds and profit thereon August 30, 2013 appeared first on AsiaNet-Pakistan.

The post State Bank of Pakistan announce rates for conversion of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special United States Dollar Bonds and profit thereon August 30, 2013 appeared first on AsiaNet-Pakistan.

Karachi, August 30, 2013 (PPI-OT): The Small Medium Industrial Leasing Estates Pvt Ltd (SMILE) announced mortgage facilities for SMEs desirous of buying immovable property under Islamic banking based on 20 years repayment plan. Chief executive officer (CEO) SMILE said those SMEs who wish to purchase immovable property and need simultaneous mortgage with bank would be ...

Islamabad, August 30, 2013 (PPI-OT): President FPCCI Zubair Ahmed Malik on Friday said Karachi shouldn’t be handed over to Army as it will not resolve the problem but add to it. Capacity of civilian law enforcing and intelligence departments should be enhanced to contain dwindling law and order situation in Karachi which has been casting ...

Karachi, August 30, 2013 (PPI-OT): In the absence of Mr. Muhammad Haroon Agar, President, Karachi Chamber of Commerce and Industry has left for Dubai. Mr. Shamim Ahmed Firpo, Senior Vice President of the Karachi Chamber of Commerce and Industry will hold office of Acting President – KCCI. For more information, contact: M. Shafiq Baig Public ...

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