Breaking News

Daily Archives: January 2, 2014

JCR-VIS Credit Rating Company Limited revises medium to long-term entity rating of First National Bank Modaraba

Karachi, January 02, 2014 (PPI-OT): JCR-VIS Credit Rating Company Limited (JCR-VIS) has revised the medium to long-term entity rating of First National Bank Modaraba (FNBM) from ‘A+’ (Single A Plus) to ‘A’ (Single A) while maintaining the short-term rating at A-1 (A-One). Outlook on the medium to long term rating has been changed from ‘Negative’ ...

Read More »

JCR-VIS assigns final rating to Sukuk issue of Karachi Electric Supply Company Limited

Karachi, January 02, 2014 (PPI-OT): Having reviewed the legal documents, JCR-VIS Credit Rating Company Limited has finalized the ratings of ‘A+’ (Single A Plus) assigned to proposed Sukuk issues 1, 2 and 3 of Karachi Electric Supply Company Limited (KESC). KESC has outstanding entity ratings of ‘A+/A-2’ (Single A Plus/A-Two). Outlook on the assigned ratings ...

Read More »

Chairman Capital Development Authority meets delegation of Traders and Industries

Islamabad, January 02, 2014 (PPI-OT): Provision of all civic amenities to the residents of the Federal capital is the prime responsibility of the Capital Development Authority (CDA) and CDA will utilize all available resources to fulfill this responsibility. Chairman CDA, Maroof Afzal expressed these views while meeting with a delegation of Islamabad Chamber of Small ...

Read More »

American Life Insurance Company (Pakistan) Limited – Unit prices for funds as on December 26, 2013

Karachi, January 02, 2014 (PPI-OT): MetLife Alico Funds Date Bid Price Offer Price Aggressive December 26, 2013 167.91 176.30 Balanced December 26, 2013 168.92 177.37 Conservative December 26, 2013 155.74 163.52 Secure December 26, 2013 151.34 158.91 Shariah Compliant December 26, 2013 110.25 115.76 FutureSecure Funds: Investment Sub Account Date Bid Price Offer Price Adventurous ...

Read More »

AKD Investment Management Limited – AKD Fund Prices for January 02, 2014

Karachi, January 02, 2014 (PPI-OT): Name of the Fund Date NAV Rate AKD Golden Arrow Selected Stocks Fund (GASF) January 02, 2014 12.3800 8.5300 AKD Income Fund (AKDIF) January 02, 2014 49.2577 48.7699 AKD Opportunity Fund (AKDOF) January 02, 2014 60.8000 58.9500 AKD Index Tracker Fund (AKDITF) January 02, 2014 13.1400 13.0000 For more information, ...

Read More »

Primus Investment Management Limited – Daily NAV for January 02, 2014

Karachi, January 02, 2014 (PPI-OT): Name of the Fund Date Offer Redemption PRIMUS CASH FUND (CF) January 02, 2014 100.1673 100.1673 PRIMUS DAILY RESERVE FUND (DRF) January 02, 2014 100.1812 100.1812 PIML-SMAF January 02, 2014 106.916 104.8196 For more information, contact: Primus Investment Management Limited 4th Floor, Horizon Vista, Commercial 10, Block No.4, Scheme No. ...

Read More »