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Daily Archives: January 8, 2016

State Bank of Pakistan to take action against importers/banks for foreign exchange remittance on fraudulent documents

Karachi, January 08, 2016 (PPI-OT): SBP has strictly advised commercial banks to take proper evaluation/scrutiny of requests from importers for remittance of foreign exchange against the imports made on open account. SBP will take stern legal action against importers and banks involved in remittance of foreign exchange against duplicate/fraudulent import documents, prepared for imports on ...

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Islamabad Stock Exchange Market Statistics Report Friday January 08, 2016

Islamabad, January 08, 2016 (PPI-OT): MARKET TREND: Bearish COMPANIES TRADED: TOTAL PLUS MINUS EQUAL 141 51 -90 0 INDEX POSITION: INDEX Opening Closing Change ISE-10 Index: 2641.58 2620.61 (20.97) INDEX Opening Closing Change IMI- 25 Index 2404.45 2394.43 (10.02) TOTAL VOLUME: Previous Current Change 218,500 900 11,000 10,100 Previous Current Change B to B Volume ...

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Pearl Securities Limited – Week Point

Karachi, January 08, 2016 (PPI-OT): Weekly Roundup Shocking news of federal investigation agency raid at local brokerage house coupled with global market turmoil on China’s economic slowdown created an apprehensive trading environment this week. End result at the benchmark KSE-100 Index was a 694 point drop week over week. The market settled at the 32,535pt ...

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Ufone, Meezan Bank unveil television commercial for world’s first Islamic Branchless Banking Service

Islamabad, January 08, 2016 (PPI-OT): Ufone, renowned for its innovative and out-of-the-box products and advertisements in collaboration with Meezan Bank, Pakistan’s first and largest Islamic bank, have unveiled the TVC for Meezan-Upaisa, World’s first Islamic Branchless Banking Service. With the launch of Meezan-UPaisa, the customers in Pakistan for the first time would now be able ...

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