Tag Archives: KASB Securities Limited

Karachi: KASB Securities Limited informed Karachi Stock Exchange about urgent meeting of board of directors appointed Mr. Shahid Ali Khan as CEO in replace of Mr. Irfan Nadeem Sayeed with effect from June 08, 2015, and BankIslami Pakistan Limited nominated Mr. Mnasur-ur-Rehman as the Director of the company in place of Mr. Tahir Iqbal with effect from June 05, 2015. The announcement is available at http://www.kse.com.pk/notices-updates/detail2.php?0.7786527159623802&id=4&nid=066731 KASB Securities Limited was incorporated in Pakistan on October 24, 2000 under the Companies Ordinance, 1984. The company is a subsidiary of KASB Bank Limited which acts as a parent company. The holding includes 77.12% of the shares of the group. The operations of the company were effectively commenced from January 01, 2003. The assets and liabilities of the securities segment of the then Khadim Ali Shah Bukhari and Company Limited under the scheme of arrangement approved by the High Court of Sindh. The shares of the company are listed on the Karachi Stock Exchange of Pakistan. The registered office of the company is located in Karachi. The company has corporate membership of the Karachi Stock Exchange Limited and Pakistan Mercantile Limited. The company is principally engaged in the business of stocks, money market, foreign exchange and commodity broking. The company also invests in a mix of listed and unlisted equity and debt securities, economic research and advisory services. The subsidiary of the company is Structured Venture Limited which was incorporated in Pakistan on June 25, 2010. It is wholly owned by KASB Securities Limited. The symbol “KASBSL” is being used by the stock exchange for the shares of KASB Securities Limited.

Karachi: KASB Securities Limited informed Karachi Stock Exchange that emergent meeting of board of directors is scheduled to be held on May 13, 2015 at Karachi. KASB Securities Limited was incorporated in Pakistan on October 24, 2000 under the Companies Ordinance, 1984. The company is a subsidiary of KASB Bank Limited which acts as a parent company. The holding includes 77.12% of the shares of the group. The operations of the company were effectively commenced from January 01, 2003. The assets and liabilities of the securities segment of the then Khadim Ali Shah Bukhari and Company Limited under the scheme of arrangement approved by the High Court of Sindh. The shares of the company are listed on the Karachi Stock Exchange of Pakistan. The registered office of the company is located in Karachi. The company has corporate membership of the Karachi Stock Exchange Limited and Pakistan Mercantile Limited. The company is principally engaged in the business of stocks, money market, foreign exchange and commodity broking. The company also invests in a mix of listed and unlisted equity and debt securities, economic research and advisory services. The subsidiary of the company is Structured Venture Limited which was incorporated in Pakistan on June 25, 2010. It is wholly owned by KASB Securities Limited. The symbol “KASBSL” is being used by the stock exchange for the shares of KASB Securities Limited.

Karachi, April 27, 2015 (PPI-OT): Gold falls to important support Strong equities dent Gold: Gold prices continued to fall on Friday and hit a five week low despite a weaker US Dollar. While prices have held important support near US$1,175, a closing below this level could lead to further losses. Additionally, US equities continued to ...

Karachi, March 24, 2015 (PPI-OT): Measured rate cut; room for further easing remains A measured 50bp cut in discount rate (DR) announced State Bank of Pakistan continued its easing campaign by cutting benchmark policy rate on 21 st Mar’15 by another 50bp to 13-yr low of 8%. Cumulatively, the central bank has slashed policy rate ...

Karachi, March 18, 2015 (PPI-OT): KSE-100: Support held; bounce could be seen till 20DMA The index slid below its support zone of 32,250-32,400 but then managed to bounce back from that area and gave a closing above that level, suggesting that it is still holding on to its support. Both the trend line resistance and ...

Karachi, June 10, 2014 (PPI-OT): WTI breaks 3 week high on strong global outlook Gold higher on short covering: Gold prices were modestly higher in early dealings, on a short-covering bounce and some perceived bargain hunting after recent selling pressure. With no major economic data scheduled, markets will be eyeing investment and consumer demand, as ...

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Karachi, April 09, 2014 (PPI-OT): KSE‐100: Overbought indicators call for swift correction According to KASB Securities Limited, The index remained positive during the entire trading day but slid in the second half to close near its session’s low. The Stochastic in the daily chart is now turning down and RSI is overbought which is a ...