JCR-VIS Credit Rating Company Limited reaffirms entity ratings of The Bank of Khyber

Karachi, June 30, 2014 (PPI-OT): JCR-VIS Credit Rating Company Limited (JCR-VIS) has reaffirmed the entity ratings of The Bank of Khyber (BoK) at ‘A/A-1’ (Single A/A One) with ‘Stable’ Outlook.

The ratings take into account more than two third holding of a sub-sovereign – Government of Khyber Pakhtunkhwa (KPK) – in BoK. The ratings incorporate demonstrated support in form of equity injection to meet the regulatory minimum capital requirement, as and when needed.

KPK has been exclusively availing financing for commodity operations from the bank. BoK also maintains one of the highest capital adequacy ratio amongst peers; this provides considerable room for growth and loss absorption capacity.

The bank has been able to maintain the growth momentum in deposits while increasing the proportion of CASA in the deposit base. Concentration in deposits has also showcased improvement on a timeline basis, though it is still considered relatively high.

However, stability has been witnessed in large ticket deposits as most of such deposits pertain to KPK and its related agencies. The management plans to further rationalize its deposit mix by increasing share of retail segment, going forward.

By end-FY13, the bank achieved a network of 100 branches. The management intends to set up 16 new branches during FY14. Currently, the bank operates with 44 Islamic banking branches; the proportion of deposits from this avenue is around one fifth of total deposits. The bank, in line with peers, has been able to achieve reduction in overall cost of deposits.

On account of growth in advances and a decline in non-performing loans, asset quality indicators improved during the outgoing year. Fresh infection was witnessed during 1Q14; it has been partly regularized subsequently. Interest rate risk arising from the investment portfolio has increased as the bank has built considerable exposure in long term PIBs.

Implementation of the new core banking system (CBS) has been validated by a Business Process Improvement (BPI) exercise being carried out by the bank; as per the management, CBS will go live in 2015. The position of Managing Director has remained vacant since an extended time.

For more information, contact:
Ms. Sobia Maqbool
CFA
JCR-VIS Credit Rating Company Limited
VIS House, 128/C,
25th Lane Off Khayaban-e-Ittehad,
Phase VII, DHA, Karachi
Tel: +92-21-35311861-72
Fax: +92-21-35311873
Email: sobia@jcrvis.com.pk

The post JCR-VIS Credit Rating Company Limited reaffirms entity ratings of The Bank of Khyber appeared first on Business News Pakistan.

JCR-VIS reaffirms ratings of Faysal Bank Limited

Karachi, June 30, 2014 (PPI-OT): JCR-VIS Credit Rating Company Limited (JCR-VIS) has reaffirmed the entity ratings of Faysal Bank Limited (FBL) at ‘AA/A-1+’ (Double A/A-One Plus). Ratings of the unsecured, subordinated term finance certificates (Issue I and II) of FBL have also been reaffirmed at ‘AA-’ (Double A Minus). Outlook on the outstanding ratings is ‘Stable’.

FBL is a medium size bank in Pakistan with a steady market share of 3.6% in deposit terms. Various developments have taken place recently, which mark a transition for the bank’s future strategic direction.

These include Board reconstitution with a higher representation of largest shareholder, Ithmaar Bank (IB) signifying its greater involvement in the affairs of FBL, appointment of a new President and CEO, staff retrenchment along with consolidation of business processes with a focus on cost rationalization and planned transition of banking operations into Islamic mode in the next two-three years.

In line with the Fatwa issued by its Sharia Supervisory Board, IB has an agreed time period for conversion of its conventional assets and liabilities into Islamic alternatives, with FBL being a significant one of these.

On a timeline basis, FBL has posted improvement in some financial indicators. While spreads of overall banking sector remained under pressure during FY13, FBL was able to withstand the impact of declining asset yields on its spreads by posting volumetric growth in earning assets and improving its cost of deposits.

Increase in consumer lending also allowed the bank to contain the decline in return on advances. Moreover, the management has made various concerted efforts to rationalize overall cost structure. Sustainability of positive trend in earnings will be tested as the bank absorbs the impact of additional provisions in lieu of run down in FSV benefit.

Capital Adequacy Ratio (CAR) depicted improvement during the out-going year. While having declined on a timeline basis, net non-performing exposures are still sizeable in relation to the bank’s own equity; future stress on capitalization may arise on account of the same. In this scenario, increase in level of other sources of risks, such as rate risk and market risk, as observed in 1Q14, may need to be contained.

With incremental funding mainly channelized towards short term low risk assets, overall liquidity profile of the institution has improved. The management expects further improvement in deposit mix in the coming year along with reduction in cost of deposits.

For more information, contact:
Ms. Sobia Maqbool
CFA
JCR-VIS Credit Rating Company Limited
VIS House, 128/C,
25th Lane Off Khayaban-e-Ittehad,
Phase VII, DHA, Karachi
Tel: +92-21-35311861-72
Fax: +92-21-35311873
Email: sobia@jcrvis.com.pk

The post JCR-VIS reaffirms ratings of Faysal Bank Limited appeared first on Business News Pakistan.

Cotton yarn market rates June 30, 2014

Karachi, June 30, 2014 (PPI-OT):

                VOL=62=48=2014, MONDAY, JUNE 30, 2014, 4.54 Kgs (10 LBS)
                          (ALL PRICE ARE WITHOUT GST/RGST)
                                Rates of Cotton Yarn

CONES CARDED              CONES CARDED                     COMBED CONE
10/1.                     26/1.                            42/1
PopularFibre        925   Standard                  1320   AbdullahTextile       1600
Diwan              1090   LuckyCotton               1300   52/1
Tritex              915   A. A. Cotton              1300   AbdullahTextile       1700
12/1                      28/1                      10/1   SLUB
A. A. Cotton        NIL   AbdullahTextile           1370   Gulistan(Carded)      1180
PopularFibre        NIL   30/1.                            Gulistan(Combed)      1300
16/1.                     Amin Tex.                 1400   20/1. SLUB
United             1180   Al-Karam                  1440   AbdullahTextile       1250
PopularFibre       1120   JubileeSpinning           1380   Gulistan              1250
AbdullahTextile    1120   GulAhmed(G.Lite)          1450   30/1 SLUB
Indus              1180   LuckyCotton               1400   AbdullahTextile       1500
A. A. Cotton       NIL    DiamondIntl               1420   60/1.
Tritex             1150   32/1                             AbdullahTextile       1750
21/1.                     AbdullahTextile           1400   70/1
IshtiaqTex         1250   40/1                             AbdullahTextile       1850
Al-Karam(A.K)      1270   LuckyCotton               1650   COTTON AUTOCORO
Suriya Tex         1250   52/1                             7/1.
United             1250   LuckyCotton               1700   Gulistan               900
GulAhmed(G.Lite)   1270   COMBED CONE                      10/1.
PopularFibre       1220   20/1 Gulistan             1350   Gulistan               920
Shadman            1240   30/1 Gulistan             1520   12/1 Gulistan          960
Indus Dyeing       1300   32/1 Gulistan             1550   CHEES CONES
AbdullahTextile    1220   40/1                             10/1.
LuckyCotton        1200   GulistanWarp              1700   Kasim Tex              700
A. A. Cotton       1200   Gulistan(Non Compect)     1700   Latif Tex.(Latif)      720
Diwan              1200   Indus CF                  1900   Super                  700
22/1.                     20/2.                            AbdullahTextile (OE)   700
Bajwa              1230   GulAhmed                  1320   16/1. (O.E.)
PopularFibre       1240   Amin                      1320   Kasim Textile          900
United             1240   Indus Dyeing              1380   Masal                  890
24/1.                     Bajwa                     1300
A. A. Cotton       1300   Shadman Cotton            1300
Tritex             1320   26/1 Hosiery
26/1.                     A. A. Cotton              1380
AL-Karam           1380   30/1 Hosiery
Dewan              1330   A. A. Cotton              1480
Amin Text          1350
Shadman Cotton     1350
DiamondInt'l       1340
PopularSpinning    1340
IshtiaqTextile     1340

                   RATE OF BLANDED YARN IN RUPEES (PER LBS)
P.V. CONES                       20/1 PVT                         P.C. COMBED
18/1 PV                          Sana                   134.00    20/1. PC
A.A. Textiles           120.00   30/1 PVT                         A.A.SMLCARDED               133.00
A.A. Cotton (80 : 20)   130.00   Sana                   146.00    Zainab (Combed)             141.00
20/1 PVB                         12/1 PP                          A. A. Cotton(Carded)        122.00
A.A. Textile            123.00   A. A. Cotton           117.00    A. A. CottonCVC (65 : 35)   122.00
24/1 P.V. BRIGHT                 16/1 PP                          24/1. PC
A.A. Tex.               126.00   A. A. Cotton           122.00    A. A. SML Carded            137.00
Sana                    122.00   20/1 PP                          Zainab (Combed)             137.00
A. A. Cotton(80:20)     125.00   Sana                   111.00    A. A. Cotton(60:40)         132.00
26/1.PV Bright                   Diwan                   98.00    25/1
A.A. Tex.               134.00   A. A. Cotton           127.00    A.A. Cotton                 130.00
Sana                    128.00   Agar                    96.00    30/1. PC (52 : 48)
A. A. Cotton            136.00   Stwist                 112.00    Zainab Textile (combed)     147.00
30/1 PV                          26/1 PP                          Stallion                    130.00
A.A. Tex."Z"Twist       138.00   A. A. Cotton           129.00    Khawaja                     130.00
Sana                    134.00   30/1 PP                          K. Nazir                    130.00
A. A. Cotton            137.00   Agar                   101.00    Al-Karam                    134.00
26/1 P.V. (S.D.)                 Anwar                  109.00    AA SML (Carded)             142.00
A.A. Textile            134.00   Sana                   121.00    A. A. Cotton(Carded)        138.00
A. A. COTTON            128.00   Diwan                  103.00    A. A. Cotton(W)             120.00
Sana                    126.00   A. A. Cotton           132.00    A. A. CottonCVC (85 : 35)   138.00
36/1 PV (SD)                     A. A. Cotton(Stwist)   120.00    36/1. PC
A.A. Textile            149.00   34/1. (PP)                       IFL Tex(Combed)             159.00
A.A. Textile (65-35)    152.00   A. A. Cotton           125.00    40/1 PC
A. A. Cotton            148.00   40/1 PP                          Khawaja (Carded)            143.00
Sana                    136.00   A. A. Cotton           142.00    A.A. Textile (Combed)       169.00
40/1. (PVB)                      50/1. (P.P)                      A. A. Cotton(52:48)         155.00
Sana                    151.00   A. A. Cotton(Twist)    145.00    A. A. Cotton(65:35)         155.00
A. A. Cotton            154.00   60/1. (P.P)                      45/1 PC
A. A. Textile           156.00   Agar                   124.00    Zainab                      182.00
46/1 PVSD                        Diwan                  125.00    10/1 CVC
IbrahimFibre            175.00   Anwar                  130.00    A. A. Cotton(60:40)         109.00
A. A. Cotton (80:20)    170.00   A. A. Cotton           154.00    12/1 CVC
60/1 PVB                         80/1 PP                          A. A. Cotton(60:40)         113.00
A.A. COTTON             180.00   A. A. Cotton           200.00    20/1 CVC
26/1 SLUB                        8/.1.                            A. A. Cotton(60:40)         126.00
A. A. CottonSLUB        165.00   A. A. Cotton(52 48)    104.00    24/1 CVC
30/1 PV SLUB                     10/.1.                           A. A. Cotton(60:40)         132.00
A.A. Clock Tower        158.00   Zainab                 125.00    30/1 CVC
A. A. Cotton(PVB)       159.00   A. A. Cotton           104.00    A. A. Cotton(60:40)         142.00
A. A. Cotton(PC)        165.00   LuckyCotton            135.00    30/1. VISCOSE
A. A. Cotton SLUB(PP)   159.00   12/1                             A. A. Cotton                170.00
Sana SLUB (PP)          146.00   A. A. Cotton           110.00    Sana                        146.00
                                 16/1                             35/.1. VISCOSE
                                 AA SML Carded (52 48)  125.00    Sana                        151.00
                                 IFL (52 48)            132.00    40/.1. VISCOSE
                                 A. A. Cotton           116.00    Sana                        156.00
                                                                  A. A. Cotton                160.00
                                                                  SEWING THREAD YARN
                                                                  Sana
                                                                  21/1 PP                     118.00
                                                                  30/1 PP                     128.00
                                                                  34/1 PP                     132.00
                                                                  40/1 PP                     140.00
                                                                  50/1 PP                     151.00

            RATES OF PAKISTANI / IMPORTED POLYESTER YARN (PER LBS) + GST

Imported50/36 FDY        86.00   Imported 75/72 INT DTY  107.00   Rupali 75/24 INT DTY        112.00
Local Mill              120.00   Local Mill              110.00   Imported75/36INT DTY        109.00
                                                                  Local Mill                  111.00
Rupali 75/78 FDY         96.00   Imported 75/144 INT DTY 110.00
Import75/72 FDY          85.00   Local Mill                       NIL Rupali 150/48/0 DTY      90.00
Local Mill               90.00                                    Imported150/48/0 DTY         86.00
                                 Rupali 300/96/ INT DTY   93.00   Local Mill                   86.00
Rupali 75/36/0 AND
75/24 DTY               108.00   Imported 300/96/ INT DTY 91.00
Imported75/36/0 DTY     106.00   Local Mill               90.00   Rupali 150/48 INT DTY        95.00
Local Mill              108.00                                    Imported150/48 INT DTY       94.00
                                 Rupali 300/96/0 DTY      88.00   Local Mill                   94.00
Rupali 75/128 INT DTY   120.00   Imported300/96 DTY       85.00
Local Mill              120.00   Local Mill               85.00   Imported150/144 SIM          92.00
                                                                  Local Mill                    NIL
                          READY RATES OF STAPLE FIBER IN RUPEES
POLYESTER                        K.G. POLYESTER                   K.G. ACRYLIC FIBER           K.G.
I.C.I. 1.D              158.00   IbrahimFiber(SD)        158.00   Monty1.2x51                 310.00
I.C.I. 1.2 (SD)         158.00   Ibrahim1.D              158.00   AcelonKorea 1.2x51          310.00
I.C.I. Bright           163.00   IbrahimFiber Bright     163.00
Rupali 1.D              160.00   IbrahimTrilobalBright   163.00
Rupali 1.2 (SD)         160.00   VISCOSE                  K.G.
P.S.L. 1.D              158.00   FCFC 44 MM              210.00
P.S.L. 1.2 (SD)         158.00   FCFC 51 MM              210.00
                                 GrysumIndia             210.00
                                 Thai Reyon 51 MM        210.00
                                 S.P.V. Ind. 51 MM       210.00

NOTE:- These prices tentative and average indicator of the Prices Prevailing around Mid-Day. Whole Sale at Karachi, Actual deal prices may fluctuate under market mechanism.

For more information, Contact:
Pakistan Yarn Merchants Association
S.M Saeed Qadri
Secretary – P.Y.M.A
Ph: (+9221) 2410320
Fax: (+9221) 2424896
Business Centre, 8th Floor, Dunolly Road,
Karachi -74000
Email: pyma@cyber.net.pk

The post Cotton yarn market rates June 30, 2014 appeared first on Business News Pakistan.

Karachi Stock Exchange Stock Market Position on 30-06-2014

Karachi, June 30, 2014 (PPI-OT):

                                             DAILY STOCK MARKET REPORT
                                       Market Position Printed On June 30, 2014
COMPANIES        KSE                KSE-30       KSE-100       KSE-ALLSHARES    KMI-30        BATi             OGTi
POSITION         INDICES            INDEX        INDEX         INDEX            INDEX         INDEX            INDEX
Plus       140   Current            20415.95     29652.53      21973.16         47686.55      17617.93         22674.99
Minus      168   Previous           20153.79     29343.76      21796.51         46896.98      17437.63         22140.88
Unchanged   23   High               20448.15     29721.54      22043.27         47782.80      17650.74         22757.74
Total      331   Low                20133.33     29329.89      21789.90         46896.98      17327.86         22140.88
                 Net Change           262.16       308.77        176.65           789.57        180.30           534.11
                 Percentage             1.30         1.05          0.81             1.68          1.03             2.41

                  TURNOVER                            TRADING VALUE                      MARKET CAPITAL
Current           156,568,930                         8,455,300,971                      7,022,692,260,048
Previous          146,186,790                         7,879,309,203                      6,966,213,759,404

                                        COMPANIES REFLECTING SIGNIFICANT TURNOVER
Company Name               Prv. Rate   Opening Rate Closing Rate Highest Rate  Low Rate       Turnover
Arif Habib Corp.            27.13          26.95        27.84        28.40     26.95        16,049,000
Sui South Gas               35.49          35.50        36.66        37.26     35.50        14,916,500
B.O.Punjab                   8.93           9.00         9.10         9.32      8.85        11,616,500
Byco Petroleum              12.40          12.59        11.40        12.74     11.40        11,436,500
Lafarge Pak.                16.19          16.26        15.98        16.45     15.90        10,247,000
Lotte Chemical               7.11           7.13         7.19         7.32      6.99         6,332,000
P.T.C.L.                    25.21          25.10        25.47        25.80     25.06         6,248,500
K-Electric Ltd.              8.36           8.39         8.49         8.70      8.36         4,842,500
Fauji Cement                19.32          19.35        19.24        19.50     19.13         4,542,500
Sui North Gas               22.42          22.65        22.65        23.24     22.50         4,181,000

                                   COMPANIES REFLECTING HIGHEST INCREASE/DECREASE IN THEIR RATES

Company Name             Increased By            Closing Rate   Company Name               Decreased By        Closing Rate
Wyeth Pak Ltd                  130.62                 4450.00    Pak Tobacco                      66.46             1265.00
Rafhan Maize                   125.09                11799.99    Island Textile                   37.75              860.00

                                                               FUTURE CONTRACT
                               TURNOVER                             Plus                              126
Current                        13,695,500                           Minus                              13
Previous                       47,503,000                           Unchanged                           3

Company Name                      Prv. Rate    Opening Rate    Closing Rate      Highest Rate     Low Rate       Turnover
PPL-JUL                              219.39          227.75          224.45           227.75        223.25       2,022,500
ENGRO-JUL                            189.83          189.00          180.71           189.00        180.34       2,010,000
BOP-JUL                                9.07            9.08            9.24             9.40          9.00       1,647,000
SSGC-JUL                              35.85           36.48           37.09            37.64         36.35       1,554,000
AICL-JUL                              45.31           45.55           46.37            46.89         45.40         908,000

For more information, contact:
S. Munawar Ali
Senior Manager
Public Relations
Karachi Stock Exchange
Tel: (92-21) 111-001122
Fax: (92-21) 3241 0825, (92-21) 3241 5136
Email: info@kse.com.pk
Web: www.kse.com.pk

The post Karachi Stock Exchange Stock Market Position on 30-06-2014 appeared first on Business News Pakistan.

Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 30-06-2014

Karachi, June 30, 2014 (PPI-OT):

                                                       CROP 2013-2014
                                                         PART - I
                                                        SPOT RATES
                                        KCA Official Spot Rate for Local Dealings in Pak Rupees
                                        FOR BASE GRADE 3 (THREE) STAPLE LENGTH 1-1/16"
                                        MICRONAIRE VALUE BETWEEN 3.8 To 4.9 NCL
Rate                   Ex-Gin Price      Up-country      Spot Rate          Spot Rate          Difference
for                                      Expenses        Ex-Karachi         Ex. KHI. As on     In Rs.
                                                                            28.06.2014         Ex.Karachi
37.324 kg                   6,600            155           6,755                6,755              -NIL
Equivalent
40 kgs                      7,073            155           7,228                7,228              -NIL

Valid for the day established by the Rates Committee at 12:00 Noon.Grade and Staple Margins are notified below:

The Grade and Staple Margins Chart and the percentage allowances for Microaire below and in excess of the given limits will be published in the DMR of the Association every Monday or on Tuesday ,if Monday happens to be a closed holiday.

                                                          GRADE AND STAPLE MARGINS
                                            (for the period from June 02, 2014 to June 30, 2014)
                                                                  STAPLE
 GRADE
               31/32"                    1"                         1-1/32"               1-1/16"              1-3/32"                     1-1/8"
          37.32kg      40 kg     37.32kg       40 kg          37.32kg     40 kg    37.32kg     40 kg     37.32kg      40 kg          37.32kg    40 kg
Super   -  675        - 723     - 475         - 509           - 275      - 295     + 150       + 161      + 350       + 375            + 475    + 509
  1      - 725        - 777     - 525         - 563           - 325      - 348     + 100       + 107      + 275       + 295            + 400    + 429
  2      - 775        - 831     - 575         - 616          -  375      - 402     + 50         + 54      + 200       + 214            + 325    + 348
  3      -1025        - 1098     -825         - 884           - 625      - 670           BASE             + 150       + 161            + 250    + 268
  4      -1075        - 1366     -1075        -1152            -875      - 938     - 250       - 268       + 50        + 54            + 150    + 161
  5      -1375        - 1474     -1125        -1206            -975      -1045     - 300       - 322       - 50       '- 54             + 50     + 54

All above margins are based on Micronaire value between 3.8 to 4.9 NCL for Grades Super, 1, 2, and 3 and Micronaire value between 3.5 to 4.9 NCL for Grades 4 and 5.

Approval of Government for Grade Super and Micronaire value 3.8 to 4 9 NCL is awaited.

The discount on the basis of low or high Micronaire is stated below which is applicable in addition to the above mentioned margins:

Micronaire below 3.8 in               Percentage                    Micronaire in               Percentage
Grades Super,1,2 and 3                Allowance                     Excess of 4.9               Allowance
and Micronaire below 3.5
in Grades 4 and 5
        0.1                              0.5                              0.1                       0.5
        0.2                              1.0                              0.2                       1.0
        0.3                              2.0                              0.3                       2.0
        0.4                              3.0                              0.4                       3.0
        0.5                              4.0                              0.5                       4.0

                                                            PART -II
                                                     (DOMESTIC TRANSACTION)
                                                      Dated: June 30, 2014
                                                      2014 - 2015  NEW CROP

Bales      Station                Rate            Bales         Station                  Rate
200        Shahdad Pur            6300             200          Tando Adam               6350

                                                          PART - III
                                                            (EXPORTS)
Registration:-                                                           Shipments:-
PERIOD - (MY 2013-14)                       CROP              BALES      PERIOD- (MY 2013-14)           CROP           Bales
01-08-13 to  07-06-14                     2011 - 2012           500
01-08-13 to  07-06-14                     2012 - 2013        51,580      01-08-13 to  07-06-14         2012-13        58,370
01-08-13 to  07-06-14                     2013 - 2014       617,555      01-08-13 to  07-06-14         2013-14       467,857
                                               Total:-      669,635                                     Total:-      526,227
Source: Trade Development Authority of Pakistan                         Source: Trade Development Authority of Pakistan

                         PART -IV                                          PART - V
                         (IMPORTS)                               (Mills Consumption of Raw Cotton)
                                                                   Cotton Season 2013-2014
PERIOD - (MY 2013-14)                               Qty. in MT               Month                   Bales
Aug.,to March.,2014                                   207,895          Aug,to Feb.,2014            9,122,823
April,2014                                             19,640          March,2014                  1,325,882
                                                      227,535
                                                                                      Total:-     10,448,705
Source: Pakistan Bureau of Statistics                             Source: Textile Commissioner's Organization

(ARRIVAL CROP 2013-14)                                                     (COMPOSITE EXCHANGE RATES)
As on May 01, 2014(Final)                                                      Date: June 30, 2014
                                        In Bales
                        Punjab           Sindh        Pakistan           Country    Selling    Buying    Sight
Total Arrivals         9,631,362        3,760,332     13,391,694
Sales to TCP               -                -             -                USA       98.75      98.55    98.35
"to Exporters            123,826          275,556        399,382
"to Mills              9,230,582        3,353,914     12,584,496
Unsold Stocks as on 01-05-2014                           407,816       Source:  National Bank of Pakistan
Source: PCGA

                                       SUMMARY OF COTTON ARRIVAL IN 2013-14 AND 2012-13 AS ON 01.05.2014 (Final)
                                                         2013-14                                     2012-13 
                                          PUNJAB         SINDH           TOTAL          PUNJAB         SINDH           TOTAL
Total Arrival:                           9,631,362     3,760,332       13,391,694       9,508,418    3,407,167     12,915,585
Difference in bales
%                                             1.29         10.37             3.69
Flow during this fortnight                    706           200              906
Sales to TCP                                   -             -                 -
Sales to Exporters                         123,826       275,556          399,382         207,967      145,378       353,345
Sales to Mills                           9,230,582     3,353,914       12,584,496       9,051,051    3,111,270    12,162,321
Unsold stocks                                                             407,816                                    399,919

For more information, contact:
Karachi Cotton Association
The Cotton Exchange I.I Chundrigar Road,
Karachi, Pakistan.
Phone: +(92)242-5007, +(92)241-2570, +(92)241-6497
Fax: +(92)241-3035, +(92)241-2580
Email: contact@kcapak.org

The post Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 30-06-2014 appeared first on Business News Pakistan.

Islamabad Stock Exchange Market Statistics Report Monday June 30, 2014

Islamabad, June 30, 2014 (PPI-OT):

MARKET TREND:                 Bullish

COMPANIES TRADED:             TOTAL      PLUS        MINUS       EQUAL
                               120        56          -64          0

INDEX POSITION:               INDEX     Opening     Closing     Change
ISE-10 Index:                           4469.00     4572.31     103.31

TOTAL VOLUME:                          Previous     Current     Change
                                        468,100     581,600    113,500

VOLUME LEADERS:
Company                                VOLUME of Shares
Sui Southers Gas                         400,000
Hascol Petroleum                         153,000
Byco Petroleum                            20,000

Top Gainer National Foods at Rs. 801.43 with an increase of Rs. +31.49.

Top Loser Pakistan Tobacco Rs. 1265.00 with a decrease of Rs. -66.46.

For more information, contact:
Islamabad Stock Exchange
ISE Towers
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Rivers Flows and Reservoirs Level Report June 30 2014

Lahore, June 30, 2014 (PPI-OT): The position of the river inflows/outflows and the reservoirs levels today is as under:


Rivers Inflows Outflows Remarks
(In Cusecs) (In Cusecs)
Indus at Tarbela 179800 171800 Mean flows of 24 hours
Kabul At Nowshera 87500 87500 Mean Flows of 24 hrs.
Jhelum at Mangla 60900 42300 Mean flows of 24 hours
Chenab at Marala 67900 34200 Flows at 0600 hours

Barrages Inflows Outflows Remarks
(In Cusecs) (In Cusecs)
Jinnah 236900 228900 Flow at 24 hours
Chashma 254400 240000 Mean flows of 24 hours
Taunsa 229600 208800 Flow at 0600 hours
Panjnad 16400 1200 Flow at 0600 hours
Guddu 169000 131700 Flow at 0600 hours
Sukkur 100100 45900 Flow at 0600 hours
Kotri 20390 Nil Flow at 0600 hours

Reservoirs Present Level Dead Level Maximum level Present
(at 0600 hours) (Above Sea Level) (Above Sea Level) (ft.) Live Storage
(ft.) (ft.)
Tarbela 1440.62 1380.00 1550.00 1.304 MAF
Mangla 1192.85 1040.00 1242.00 3.967 MAF
Chashma 643.90 637.00 649.00 0.133 MAF

For more information, contact:
Muhammad Abid Rana
Director Public Relations
Water and Power Development Authority (WAPDA)
G-32, WAPDA House, Lahore
Tel: +9242 9920 2633 and +9242 9920 2211 -2033 -2029
Cell: +92333 445 8293
Email: mabidrana@gmail.com