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Daily Archives: November 26, 2015

Karachi Stock Exchange Stock Market Position on 26-11-2015

Karachi, November 26, 2015 (PPI-OT): DAILY STOCK MARKET REPORT Market Position Printed On November-26-2015 COMPANIES KSE KSE-30 KSE-100 KSE-ALLSHARES KMI-30 BATi OGTi ALLSHARES ISLAMIC Plus 134 Current 19480.52 33079.37 23165.97 55014.75 15753.98 12363.23 15381.33 Minus 206 Previous 19578.69 33199.86 23246.34 55151.87 15867.13 12433.70 15240.97 Unchanged 22 High 19740.45 33437.66 23379.04 55636.51 15984.04 12527.50 15521.17 Total ...

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Pakistan’s role is vital in formation of Economic Cooperation Organization: Mian Muhammad Adrees

Karachi, November 26, 2015 (PPI-OT): 23rd ECO Day Celebration held in Federation of Pakistan Chamber of Commerce and Industry and inauguration of ECO CCI Secretariat by Mian Muhammad Adrees, President, ECO CCI. Celebration was started with the Flag hoisting of ECO CCI by Senior Vice President, Abdul Rahim Janoo. Mian Muhammad Adrees, President, ECO CCI ...

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VimpelCom, Global Telecom Holding, Warid Telecom Pakistan LLC and Bank Alfalah Limited reach agreement to merge their Pakistan telecom businesses

Lahore, November 26, 2015 (PPI-OT): VimpelCom Ltd. (“VimpelCom”) and Global Telecom Holding S.A.E. (“GTH”), together with Warid Telecom Pakistan LLC and Bank Alfalah Limited (“Dhabi Group shareholders”), have today reached an agreement to merge their Pakistan telecom businesses. The merger of Pakistan Mobile Communications Limited (“Mobilink”) and Warid Telecom (Private) Limited (“Warid”) will see the ...

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Meezan Bank and Karandaaz Pakistan join hands with Atlas Honda to deepen access to finance for small and mid-size vendors and distributors

Karachi, November 26, 2015 (PPI-OT): Atlas Honda Limited recently signed a corporate partnership agreement with Karandaaz Pakistan and Meezan Bank to support the development of small and mid-size automotive part vendors in Pakistan. This is the first corporate partnership Karandaaz Pakistan and Meezan Bank have entered as part of the USD 50 million Corporate Vendor ...

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Daraz.pk officially announces its Black Friday Discounts of up to 70percent

Karachi, November 26, 2015 (PPI-OT): Daraz.pk yesterday officially announced its “Black Friday” promotions yesterday at a press conference in Karachi. Daraz said that it is offering the biggest sale of the year in Pakistan with discounts up to 70% and an additional up to 25% off from its partner Easypay. Black Friday deals from Daraz ...

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Pakistan Credit Rating Agency Limited upgrades entity ratings of Kohinoor Textile Mills

Lahore, November 26, 2015 (PPI-OT): The Pakistan Credit Rating Agency Limited (PACRA) has upgraded the long-term and short-term entity ratings of Kohinoor Textile Mills Limited (KTML) to ‘A’ (Single A) [previous: A-], and ‘A1’ (A One) [previous: A2], respectively. These ratings denote a low expectation of credit risk emanating from a strong capacity for timely ...

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Consul General of China in Lahore visits Punjab Board of Investment and Trade

Lahore, November 26, 2015 (PPI-OT): The first Consul General of China in Lahore Mr. Yu Boren accompanied by Consul, Mr. Zhang Biao and Consular Attache, Zhai Yinglin called on Chairman Punjab Board of Investment and Trade (PBIT) Mr. Abdul Basit on Thursday, November 26, 2015. Purpose of the visit was to extend appreciation for Punjab ...

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