2017 December 26 : AsiaNet-Pakistan

Archive for December 26th, 2017

Pakistan Stock Exchange Limited Market Position on 26-12-2017

December 26, 2017 |

Karachi, December 26, 2017 (PPI-OT): DAILY STOCK MARKET REPORT Market Position Printed On DEC-26-2017 COMPANIES KSE KSE-30 KSE-100 KSE-ALLSHR KMI-30 BATi OGTi PSX-KMI POSITION INDICES INDEX INDEX INDEX INDEX INDEX INDEX INDEX Plus 186 Current 19752.83 39525.75 29065.60 66923.10 15009.12 19423.95 19901.00 Minus 144 Previous 19778.59 39470.89 29041.93 66842.69 15101.72 19578.04 19864.65 Unchanged 14 High …

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Pak, China agree to extend CPEC to Afghanistan

December 26, 2017 |

Islamabad, December 26, 2017 (PPI-OT):China and Pakistan are looking to extend the fifty-seven billion dollars CPEC to Afghanistan. This was stated by Chinese Foreign Minister Wang Yi at a joint news conference after first Trilateral meeting of Foreign Ministers of Pakistan, Afghanistan and China in Beijing on Tuesday. Wang said China hoped the economic corridor …

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Board of directors meeting of Gatron Industries Limited

December 26, 2017 |

Karachi, Gatron Industries Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on January02, 2018 at Karachi to appoint Chairman and Chief Executive of the Company and fixation of their remuneration. In addition to above the Board will also fix the remuneration of the full time working directors of the Company. Further, the company has declared the closed period from December 27, 2017 to January 03, 2018. Gatron Industries Limited is a company incorporated in Pakistan in 1980 as a private limited company. It was converted to a public limited company in the year 1998. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activities of the company are manufacturing of Polyester Filament Yarn along with its raw material viz. Yarn Grade Polyester Chips. The company also produces other varieties of Polyester Chips viz. Bottle Grade as well as PET Performs. The company owns wholly owned subsidiaries i.e. Messrs. Gatro Powers Private Limited which is engaged in Power generation. The shares of the company are quoted on Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is situated at Quetta. The symbol “GATI” is being used by the stock exchange for the shares of Gatron Industries Limited.

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Emergent Board Meeting of PICIC Insurance Limited

December 26, 2017 |

Karachi, PICIC Insurance Limitedinformed Pakistan Stock Exchange that an Emergent Meeting of the Board of Directors of the Company will be held on December 26, 2017 at Karachi. PICIC Insurance Limited was incorporated on April 23, 2004 under the Companies Ordinance 1984 as a public limited company and registered as a non-life insurance company by the Securities and Exchange Commission of Pakistan under the insurance ordinance, 2000. The registered office of the company is located at Karachi. The company is listed on the Karachi, Lahore and Islamabad stock Exchanges of Pakistan. PICIC Insurance Limited is a part of the Temasek Group operating in Pakistan. NIB Bank Limited a subsidiary of the Temasek Group in Pakistan is a shareholder of PICIC Insurance Limited with a 30% stake. The symbol “PIL” is being used by the stock exchange for the shares of PICIC Insurance Limited.

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Unisame felicitates Miftah Ismail and Rana Afzal on their challenging appointments

December 26, 2017 | Official News, United Nations

Karachi, December 26, 2017 (PPI-OT):The Union of Small and Medium Enterprises (UNISAME) expressed happiness and felicitated Miftah Ismail on being appointed as adviser finance, revenue and economic affairs and Rana Afzal as minister of state finance and wished both best…

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Public Holiday announced in Sindh on Dec 27

December 26, 2017 | Ministries, Official News

Karachi, December 26, 2017 (PPI-OT):The Government of Sindh has declare 27th December 2017 Wednesday, as public holiday throughout the Province of Sindh on the occasion of Shahadat of Mohtarma Benazir Bhutto Shaheed for all Offices, Autonomous, Semi Autonomous Bodies, Corporations…

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Police Officers rewarded on bravery

December 26, 2017 | General, Official News

Karachi, December 26, 2017 (PPI-OT):The worthy I.G Sindh A D Khawaja distributed cash reward to the following police officers in recognition of their acts of bravery. 1. On 6th December 2017 PC 11862 Zafar Iqbal of Madadgaar 15 Korangi while…

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National Bank of Pakistan opens First Islamic Banking Branch in Chitral Valley

December 26, 2017 | General, Official News

Chitral, December 26, 2017 (PPI-OT):The President National Bank of Pakistan (NBP), Mr. Saeed Ahmad visited the Chitral valley and its adjoining areas where he inaugurated the first Islamic Banking Branch of the area. The graceful ceremony was attended by various…

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Delegation of DHA Residents Association Visits DHA Head Office

December 26, 2017 | General, Official News

Karachi, December 26, 2017 (PPI-OT):A delegation comprising major DHA Residents Associations visited DHA Head Office and attended a meeting chaired by Administrator DHA Brig Shahid Hassan Ali to discuss matters pertaining to residents. Administrator welcomed the delegation and reiterated that…

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Lahore Chamber of Commerce and Industry gives ideas to new FM for breaking economic logjam

December 26, 2017 | General, Official News

Lahore, December 26, 2017 (PPI-OT):Logjam in economic progress and serious economic challenges have made the role of Ministry of Finance most important. State Minister of Finance Rana Afzal Khan have to put in his best efforts to put economy back…

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IGP takes notice of use of force against protesters by police

December 26, 2017 | General, Official News

Karachi, December 26, 2017 (PPI-OT):The IGP Sindh, Mr. AD Khwaja has shown serious concern at the recent unpleasant incidents of use of force between protesters and local police in Karachi. He maintained that Sindh police recognize and respect right of…

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HEC to Establish University of Khushab

December 26, 2017 | General, Official News

Islamabad, December 26, 2017 (PPI-OT):A University will be established in Khushab for students of the district and adjoining areas. It was decided during a consultative meeting held at the Higher Education Commission (HEC) Secretariat. The meeting was chaired by Dr….

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