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Daily Archives: December 22, 2017

Pakistan Stock Exchange Limited Market Position on 22-12-2017

Karachi, December 22, 2017 (PPI-OT): DAILY STOCK MARKET REPORT Market Position Printed On DEC-22-2017 COMPANIES KSE KSE-30 KSE-100 KSE-ALLSHR KMI-30 BATi OGTi PSX-KMI POSITION INDICES INDEX INDEX INDEX INDEX INDEX INDEX INDEX Plus 289 Current 19778.59 39470.89 29041.93 66842.69 15101.72 19578.04 19864.65 Minus 74 Previous 19368.11 38715.77 28524.79 65379.83 14951.65 19536.15 19486.93 Unchanged 14 High ...

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Rs.23970 million tax collected in five months: Mukesh Kumar Chawla

Karachi, December 22, 2017 (PPI-OT): Provincial Minister for Excise and Taxation and Narcotics Control Mukesh Kumar Chawla has said that during current fiscal year in five months i.e. July 2017 to November 2017, Sindh Excise and taxation Department has collected Rs. 23970.376 million while in same period during last financial year Rs.21511.039 million were collected. ...

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Prime Minister launches scheme for promotion of home remittances through M-wallets

Karachi, December 22, 2017 (PPI-OT):Prime Minister Mr. Shahid Khaqan Abbasi said that Government of Pakistan is taking several strategic initiatives to promote inflow of home remittances in the country. ’In continuation of our efforts, I am pleased that GoP in collaboration with the SBP and financial industry is launching a scheme for promotion of home ...

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PACRA Maintains Asset Manager Rating of BMA Asset Management Company Limited

Lahore, December 22, 2017 (PPI-OT):The rating reflects the company’s adequate positioning in the specific niche of separately managed accounts segment. Limited fund slate coupled with the stagnancy in the AUMs have resulted in a decline in its system share in the mutual fund segment. Adequately structured investment decision making process resulted in an average performance ...

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Prime Minister launches Policy for promotion of SME Finance

Karachi, December 22, 2017 (PPI-OT):Prime Minister launches Policy for promotion of SME Finance The Prime Minister of Pakistan, Mr. Shahid Khaqan Abbasi, launched State Bank of Pakistan (SBP) Policy for the promotion of SME Finance at SBP headquarters in Karachi today. While addressing the launching ceremony he said that policy for promotion of SME finance ...

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PACRA Maintains Asset Manager Rating of Alfalah GHP Investment Management Limited

Lahore, December 22, 2017 (PPI-OT):The rating reflects AGIML’s well-structured investment management framework, sound operating platform, and an experienced management team. It incorporates well diversified product slate and enhanced integration with the parent bank. The company aims to attract decent investments considering the current attrition in the AUM base owing to lacklustre stock market performance. Retail ...

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PACRA Maintains Entity Ratings of JS Investments Limited

Lahore, December 22, 2017 (PPI-OT):The ratings reflect JSIL’s strong risk absorption capacity emanating from sound equity base and a debt free capital structure. The rating incorporates JSIL’s association with a strong commercial bank (JS Bank Limited) and Jahangir Siddiqui Company Limited which is the holding company of the underlying company. Lately the company has managed ...

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