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Karachi : According to Adeel and Nadeem Securities Limited the Technical Analysis for November 28, 2011 Share Support-2 Support1 Resistance-1 Resistance-2 KSE-100 11,472.96 11,537.44 11,731.53 11,800.62 ATRL 115.61 117.97 122.33 124.66 OGDC 148.75 150.34 155.84 157.23 PPL 169.91 173.00 178.40 180.45 POL 350.84 355.30 361.00 364.49 NBP 40.80 41.37 …
Read More »AKD Quotidian about —: Can the KSE rebound in December?
Karachi : The KSE-100 Index closed on 11,648 points on Nov 25’11. According to AKD Securities, as a result, the Index has now shed 3.1%CYTD on relatively thin activity (CYTD avg. daily volume: 83mn shares; avg. daily turnover: PKR3.7bn), despite resumption of monetary easing and strong corporate earnings. While the …
Read More »Ginners seeking rescheduling of loans – Alfalah Securities Limited
Karachi : Pakistan Cotton Ginners’ Association (PCGA) is seeking rescheduling of its members’ loans and waiver of mark up from State Bank of Pakistan (SBP) for making payments to the cotton growers up to coming December. According to Alfalah Securities, around 75-80% ginning factories of Sind are reported to have …
Read More »Lucky Cement transforming itself as environment friendly – Alfalah Securities Limited
Karachi : Lucky Cement being the star of the cement industry is on the final stages of completion of its “Tyre derived fuel (TDF)” plants which would utilize disposed shredded tyres as a replacement of coal for cement production. According to Alfalah Securities, the plants costing PKR 1bn is located …
Read More »OGDC discloses discovery at Zin Block – Alfalah Securities Limited
Karachi : Oil and Gas Development Company Ltd. (OGDC) has reported to have made a major gas discovery in Zin Block in Marri-Bugti area of Baluchistan. According to Alfalah Securities, the initial exploration well has found significant hydrocarbons in zone 1 and 2. Further appraisal wells would be required to …
Read More »Mobilink Torchbearers reach out to underprivileged students
Lahore: Mobilink Foundation Torchbearers reached out to students at the Pehli Kiran School System through the JAQ Educational Trust, donating art supplies and story books, as well as recycled skins for the insulation of eight (8) schools. Torchbearers spent three days at one of the Pehli Kiran schools in Islamabad, …
Read More »Weekly shut down of CNG stations: Sui Southern Gas Company releases schedule
Karachi: With the advent of winter season, natural gas demand increases considerably due to additional heating load, especially in the domestic sector. This invariably results in low pressures in the system and inconvenience to gas consumers. To help household consumers maintain adequate gas pressures, SSGC has decided to curtail supplies …
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