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Daily Archives: January 12, 2016

Elixir Securities Limited – Strategy

Karachi, January 12, 2016 (PPI-OT): Pakistan Equity Market Outlook 2016: Buy Optimism, Buy Pakistan 2015 was a year marked by a dichotomy between turnaround in the country’s key macros and equities performance, primarily due to foreign selling which kept a lid on the domestic equities performance. Having said that, Pakistan equity market remained resilient relative ...

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Etihad Airways delivers another year of strong growth in 2015

Lahore, January 12, 2016 (PPI-OT): Etihad Airways, the national airline of the United Arab Emirates, delivered solid operational performance in 2015 by achieving continued growth in passenger and cargo volumes. The growth in passenger demand continued to surpass the airline’s capacity increase, underscoring the strength of its long-term growth strategy. In total, Etihad Airways carried ...

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PakWheels Auto Show sponsored by Atlas Battery: A success in Karachi

Karachi, January 12, 2016 (PPI-OT): PakWheels Auto Show, sponsored by Atlas Battery made its way to Karachi, receiving an overwhelming response. Karachi has always been home to PakWheels Auto Show 2015 where the aim is to bring automotive culture and enthusiasm to the forefront of people of Karachi. The exhibition sponsored by Atlas Battery displayed ...

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All Pakistan Textile Mills Association Chairman expresses gratitude to Prime Minister for Rs3 per unit reduction in electricity tariff for Industry

Karachi, January 12, 2016 (PPI-OT): The All Pakistan Textile Mills Association Chairman Tariq Saud has expressed his gratitude to Prime Minister Nawaz Sharif for Rs3 per unit reduction in electricity tariff for Industry, saying that this single step would greatly help textile industry for revival of its presently compromised viability. He said the high cost ...

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Pakistan Credit Rating Agency Limited assigns stability rating to Faysal Financial Sector Opportunity Fund

Lahore, January 12, 2016 (PPI-OT): The Pakistan Credit Rating Agency (PACRA) has assigned the stability rating of ‘AA-‘(f) (Double A Minus; fund rating) to Faysal Financial Sector Opportunity Fund (FFSOF), an open-end income fund. The fund’s rating denotes a very strong capacity to manage relative stability in returns and very low exposure to risks. The ...

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