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Daily Archives: September 26, 2016

Pakistan Stock Exchange Limited Market Position on 26-09-2016

Karachi, September 26, 2016 (PPI-OT): DAILY STOCK MARKET REPORT Market Position Printed On September-26-2016 COMPANIES KSE KSE-30 KSE-100 KSE-ALLSHR KMI-30 BATi OGTi KMIALLSHR POSITION INDICES INDEX INDEX INDEX INDEX INDEX INDEX INDEX Plus 317 Current 22348.94 40220.76 27431.38 68872.24 17172.01 15457.84 19088.91 Minus 102 Previous 22107.85 39781.95 27153.96 68020.50 16986.12 15461.53 18854.60 Unchanged 19 High ...

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Idera Pharmaceuticals Reports Promising Data from Ongoing Phase 1 Dose Escalation in Clinical Trial of Intra-tumoral IMO-2125 in Combination with Ipilimumab in Patients with PD-1 Refractory Metastatic Melanoma

– 3 Patients with PD-1 Refractory Cutaneous Melanoma are Responders Including One Complete Response (CR) – – Driven by Increased Prioritization of IMO-2125 Clinical Development, Company Suspends Development of IMO-8400 for B-Cell Lymphomas – CAMBRIDGE, Mass. and EXTON, Pa., Sept. 26, 2016 (GLOBE NEWSWIRE) — Idera Pharmaceuticals, Inc. (NASDAQ:IDRA), a clinical-stage biopharmaceutical company developing Toll-like receptor […]

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Financial results of Pakistan PVC Limited for period ended June 30, 2016

Karachi, Pakistan PVC Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Islamabad on September 24, 2016. The agenda of the meeting was discussion of profit and loss account for the year ended June 30, 2016 which portrayed a loss of Rs. 24,713,900 with loss per share 1.65 basic and diluted respectively. Further, nil payment of cash dividend, bonus shares and right shares was agreed. Furthermore, the share transfer books of the company will remain closed from October 20, 2016 to October 29, 2016 (both days inclusive). Pakistan PVC Limited is a Chlor-Alkali/PVC Complex, producing PVC Resins and processing these and other thermo-plastic compounds into finished and semi-finished products. The Plant is situated at Shaffiabad , Gharo district Thatta , 66 KM from Karachi. Another production facility for pipes and fittings has been put up at Islamabad Industrial Area. The symbol “PPVC” is being used by the stock exchanges for the shares of Pakistan PVC Limited.

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Extraordinary general meeting of Pak Elektron Limited to be held on October 21, 2016

Karachi, Pak Elektron Limited informed Pakistan Stock Exchange that extraordinary general meeting of the company is scheduled to be held on October 21, 2016 at Lahore. The agenda of the meeting will be confirming the minutes of the annual general meeting held on April 28, 2016 and to elect Seven Directors as fixed by the Board under Section 178 and 180 of the Companies Ordinance, 1984 for a period of three years. Further, the closed period of the company is from October 17, 2016 to October 23, 2016 (both days inclusive). Pak Elektron Limited was incorporated in Pakistan on March 03, 1956 as a public limited company. The foundations of the company are developed under the Companies Ordinance, 1984. The principal activity of the company is manufacturing and sale of electrical capital goods and domestic appliances. It is currently organized into two main operating divisions the power division and appliances division. The stocks of the company are quoted on the Karachi Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located at Lahore. The activities of the company in the power division include manufacturing and distribution of transformers, switchgears, energy meters, power transformers, construction of grid stations and electrification works. The appliance division is associated with manufacturing, assembling and distribution of refrigerators, air conditioners, microwave ovens, televisions, generators and washing machines. The symbol “PAEL” is being used by the stock exchanges for the shares of Pak Elektron Limited.

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Financial results of Fateh Industries Limited for period ended June 30, 2016

Karachi, Fateh Industries Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Hyderabad on September 29, 2016. The agenda of the meeting was discussion of profit and loss account for the year ended June 30, 2016 which portrayed a loss of Rs. 8,896,583 with earnings per share 4.45 basic and diluted respectively. Further, nil payment of cash dividend, bonus shares and right shares was agreed. Furthermore, the share transfer books of the company will remain closed from October 25, 2016 to October 31, 2016 (both days inclusive). Fateh Industries Ltd is a Shoe Manufacturing Unit based in Hyderabad. They have the capacity to produce 1.2 million pairs per annum. Our company has all the modern equipment to produce high quality leather shoes. In past they have been working with high class brands such as Bally, Balitimoore and many others. They are working in local market with our high quality brand ARINO. The symbol “FIL” is being used by the stock exchange for the shares of Fateh Industries Limited.

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Financial results of Nishat Power Limited for period ended June 30, 2016

Karachi, Nishat Power Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on September 26, 2016. The agenda of the meeting was discussion of profit and loss account for the year ended June 30, 2016 which portrayed a profit of Rs. 2,851,065 with earnings per share 8.052 basic and diluted respectively. Further, 15% payment of cash dividend, bonus shares and right shares was agreed. Furthermore, the share transfer books of the company will remain closed from October 22, 2016 to October 29, 2016 (both days inclusive). Nishat Power Limited is a public limited company incorporated in Pakistan in February 2007 under the Companies Ordinance, 1984. It is a subsidiary company of Nishat Mills Limited. The principal activity of the company is to build, own, operate and maintain a fuel fired power station having gross capacity of 200 MW ISO in Jamber Kalan, Tehsil Pattoki, District Kasur, Punjab, Pakistan. The shares of the company are quoted on the Karachi and Lahore Stock Exchanges in Pakistan. The registered office of the company is located in Lahore. The company has a Power Purchase Agreement with its sole customer, National Transmission and Dispatch Company Limited for twenty five years which commenced from June 09, 2010. The symbol “NPL” is being used by the stock exchanges for the shares of Nishat Power Limited.

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Financial results of Fateh Sports Wear Limited for period ended June 30, 2016

Karachi, Fateh Sports Wear Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Hyderabad on September 26, 2016. The agenda of the meeting was discussion of profit and loss account for the year ended June 30, 2016 which portrayed a loss of Rs. 1,247,987 with loss per share 0.62 basic and diluted respectively. Further, nil payment of cash dividend, bonus shares and right shares was agreed. Furthermore, the share transfer books of the company will remain closed from October 25, 2016 to October 31, 2016 (both days inclusive). Fateh Sports Wear Limited is a company incorporated in pakistan as a public limited company. The principal activity of the company is manufacturing of readymade garments and selling them locally as well as doing export. Currently the manufacturing activity of the company is closed. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The plant of the company is located at Hyderabad. The symbol “FSWL” is being used by the stock exchanges for the shares of Fateh Sports Wear Limited.

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