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Daily Archives: October 21, 2013

JCR-VIS Credit Rating Company Limited reaffirms Fund Stability Rating of Habib Bank Limited Islamic Money Market Fund

Karachi, October 21, 2013 (PPI-OT): JCR-VIS Credit Rating Company Limited has reaffirmed the Fund Stability Rating (FSR) of HBL Islamic Money Market Fund (HBL IMMF) at ‘AA(f)’ (Double A (f)). HBL IMMF is designed as a low risk fund, both in terms of the credit exposures assumed by the fund and their interest rate sensitivity. ...

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Islamabad Stock Exchange Market Statistics Report Monday October 21, 2013

Islamabad, October 21, 2013 (PPI-OT): MARKET TREND: Bullish COMPANIES TRADED: TOTAL PLUS MINUS EQUAL 137 94 -43 0 INDEX POSITION: INDEX Opening Closing Change ISE-10 Index: 3995.98 4008.32 12.34 TOTAL VOLUME: Previous Current Change 8,000 7,700 (300) VOLUME LEADERS: Company VOLUME of Shares Askari Bank Ltd (Right) 5,000 Fauji Cement Company Ltd 2,000 Fauji Fertilizer ...

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State Bank of Pakistan rates for conversion of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special United States Dollar Bonds and profit thereon October 21, 2013

Karachi, October 21, 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 October 22, ...

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Over 150 foreign delegates reach Pakistan to attend carpet show

Lahore, October 21, 2013 (PPI-OT): China, the major potential market of Pakistani hand-knotted carpet, would help the carpet industry to enhance its competitiveness and tap the future market of China. This was stated by Pakistan Carpet Manufacturers and Exporters Association (PCMEA) newly-elected central chairman Akhtar Nazir Khan Cooki while talking to media after receiving Chinese ...

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JCR-VIS Credit Rating Company Ltd upgrades Management Quality Rating of Habib Bank Limited Asset Management Limited

Karachi, October 21, 2013 (PPI-OT): JCR-VIS Credit Rating Company Ltd. has upgraded the Management Quality Rating of HBL Asset Management Limited (HBL AMC) from ‘AM3+’ (AM – Three Plus) to ‘AM2-’ (AM – Two Minus). Outlook on the assigned rating is ‘Stable’. The upgrade takes into account reinforcement of various facets of the organization. Management ...

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