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Karachi, August 16, 2013 (PPI-OT): Recent Peak Under Challenge Above Minor Averages Short‐Term: Benchmark KSE continues to hold above minor averages. According to AKD Securities this can put recent peak (23,946) under challenge with a key support around 23,310 level. Sustained break above 23,946 would be required to set continuation …
Read More »Daily Archives: August 16, 2013
Morning Call about -1) Hub Power Company 2) Pak Suzuki Motor Company – Arif Habib Limited
Karachi, August 16, 2013 (PPI-OT): 1) HUBC; Time for bumper dividend now. Hub Power Company Limited’s (HUBC) Board of Directors is all set to announce company’s FY13 financial results on August 19, 2013. According to Arif Habib Limited preview HUBC to post a net profit after tax of PKR 9,914mn …
Read More »AKD Quotidian about — PSMC: 1HCY13 Result Preview
Karachi, August 16, 2013 (PPI-OT): Pak Suzuki Motor Company Limited (PSMC) is scheduled to announce its 1HCYI3 result on Monday, Aug 19’13. According to AKD Securities expects the company to post NPAT of PkR95Smn in 1HCYI3 vs. NPAT of PkR1,369mn in 1HCY12, down 30%YoY. This translates into an EPS of …
Read More »State Bank of Pakistan announce rates for conversion of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar Bonds and profit thereon
Karachi, August 16, 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 …
Read More »Mobilink supports infrastructure development of press clubs across Pakistan
Lahore, August 16, 2013 (PPI-OT): Mobilink has provided support for development of infrastructure and facilities in press clubs of Islamabad, Lahore and Karachi. The upgrade is part of Mobilink’s drive to improve working conditions for the media fraternity and the press clubs’ patrons. Omar Manzur, Head of Corporate Communications Mobilink, …
Read More »International Council of Small and Medium Enterprises felicitates Small and Medium Industrial Leasing Estates (Private) Limited for Facilitating Warehouse Receipt Financing
Karachi, August 16, 2013 (PPI-OT): The International Council of Small and Medium Enterprises (ICSMEs) felicitated the Small and Medium Industrial Leasing Estates Pvt Ltd (SMILE) for their appointment as facilitators and collateral managers and making new waves in collateralize post harvest financing for grains and commodities for the traders. The …
Read More »Uzbekistan keen to promote bilateral trade with Pakistan: Envoy
Islamabad, August 16, 2013 (PPI-OT): Uzbekistan considers Pakistan an important country of this region which is emerging as an attractive market and is keen to promote bilateral trade with it because the two countries have huge potential to improve trade and economic relations. This was said by H.E. Mr. Parviz …
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