Karachi, March 27, 2015 (PPI-OT): Coming from a low base in the corresponding period last year, total urea off take in 2MCY15 stood at 1.084mn tons compared to 0.997mn tons during the corresponding period last year – a growth of 8.7%YoY (as per recently released NFDC figures). In this regard, total urea off take in ...
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AKD Securities Limited — Trigger Shark
Karachi, March 27, 2015 (PPI-OT): Emotional Extremes Short‐Term: Yesterday’s high volume candle reflects emotional extremes at deeply oversold daily readings. This indicates that the first leg of correction (wave A) has reached selling climax and a reversal is due. AKD Securities Limited expects market registering a relief rally towards 31,325 and 32,038 levels in wave ...
Read More »AKD Securities Limited – FATIMA: CY14 Result Review
Karachi, March 27, 2015 (PPI-OT): Fatima Fertilizer (FATIMA) announced NPAT of PkR9.3bn (EPS: PkR4.41) in CY14, registering an increase of 15%YoY as compared to NPAT of PkR8.0bn (EPS: PkR3.82) in the previous year. In 4QCY14 alone, the company recorded NPAT of PkR2.8bn (EPS: PkR1.34), down 7%QoQ against NPAT of PkR3.03bn (EPS: PkR1.45) in 3QCY14 as ...
Read More »Lahore Chamber of Commerce and Industry to facilitate members to get membership renewed on March 28
Lahore, March 27, 2015 (PPI-OT): The membership department of the Lahore Chamber of Commerce and Industry will continue to facilitate its members from 9 am to 5 pm on Saturday (today 28th March) which is usually treated as half day. The decision to work full day instead of half day on Saturday has been taken ...
Read More »Bank Alfalah earns Rs.8.514billion profit before tax
Karachi, March 27, 2015 (PPI-OT): Bank Alfalah delivered strong financial results with profit before taxation of Rs.8.514 billion for the year ended 31 December 2014, as compared to Rs.6.807 billion earned in 2013, registering an increase of 25 percent over the previous year. Earnings per share increased by 20 percent and were reported at Rs. ...
Read More »Lahore Stock Exchange decides to delist Libaas Textile Limited
Lahore, March 27, 2015 (PPI-OT): Due to merger of Libaas Textile Limited with and into Ghani Global Glass Limited, LSE decided to delist Libaas Textile Limited from the Ready Board Quotations of the Exchange with effect from March 31, 2015. After the de-listing of this company the number of Companies listed at LSE would reach ...
Read More »Pakistan’s first Liquefied Natural Gas Terminal delivered in world-record time
Islamabad, March 27, 2015 (PPI-OT): The LNG ship which stores and converts LNG to gas (FSRU) has reached Port Qasim with an initial cargo load of 148517 cubic metre of LNG. This will now permanently dock at the Engro Elengy Terminal at Port Qasim and together will provide Pakistan’s first state of the art LNG ...
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