Islamabad, February 11, 2014 (PPI-OT): Bosnian Ambassador Mr. Nedim Mekarevic called on Secretary Defence Lt. General (Retd) Asif Yasin Malik here at the Ministry of Defence today. Both sides emphasized […]

Karachi, February 11, 2014 (PPI-OT): Monetary policy: Analysts revise policy rate expectation for remainder of FY14 According to MR Securities, With lower than expected inflation numbers for two consecutive months, analysts have now revised their expectation of a policy rate hike in the remainder of the current fiscal year – something they believed was inevitable ...

Karachi, February 11, 2014 (PPI-OT): EFERT analyst briefing key takeaways 1) ENGRO to get a 5.3x boost in CY13 earnings Engro Corporation Limited (ENGRO) is scheduled to announce its CY13 results on February 14, 2014. According to Arif Habib Limited, the company is expected to post substantial earnings growth of 5.3x to PKR 8,425mn (EPS: ...

Karachi, February 11, 2014 (PPI-OT): Overseas Pakistani workers remitted an amount of $9033.41 million in the first seven months (July – January) of the current fiscal year 2013‐14 (FY14), showing a growth of 10.08 percent when compared with $8206.34 million received during the same period of last fiscal year (July- January FY13). The inflow of ...

Karachi, February 11, 2014 (PPI-OT): Vice President of the Karachi Chamber of Commerce and Industry (KCCI), Muhammad Idrees has strongly condemned the brutal assassination of a local trader who was killed recently in broad daylight at Abdullah Haroon Road Saddar, which is one of the busiest streets of Karachi. In a statement issued on Tuesday, ...

Karachi, February 11, 2014 (PPI-OT): Name of the Fund Date Offer Redemption First Habib Income Fund February 11, 2014 100.3053 100.3053 First Habib Stock Fund February 11, 2014 117.4238 117.4238 First Habib Cash F1und February 11, 2014 100.3578 100.3578 First Habib Islamic Balanced Fund February 11, 2014 109.7925 109.7925 For more information contact: Habib Asset ...

Karachi, February 11, 2014 (PPI-OT): Name of the Fund Date Offer Redemption PRIMUS CASH FUND (CF) February 11, 2014 100.3021 100.3021 PRIMUS DAILY RESERVE FUND (DRF) February 11, 2014 100.3363 100.3363 PIML-SMAF February 11, 2014 108.0905 105.971 For more information, contact: Primus Investment Management Limited 4th Floor, Horizon Vista, Commercial 10, Block No.4, Scheme No. ...