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Morning Buzz for May 09, 2014 – MR Securities

May 9, 2014 | Brokerage

Karachi, May 09, 2014 (PPI-OT): Islamic financing instruments: Dar optimistic about prospects

Finance Minister Senator Mohammad Ishaq Dar on Thursday said that Pakistan’s foreign exchange reserves position had improved significantly on account of increased inflows from multilateral and bilateral sources.…

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Morning Buzz for May 08, 2014 – MR Securities

May 8, 2014 | Brokerage

Karachi, May 08, 2014 (PPI-OT): JS Global continues to lead in Fixed Income, FX market

JS Global Capital Ltd (JS Global) continued its impressive showing in Pakistan’s Fixed Income and Foreign Exchange (FX) market in the 2013 Financial Market Association …

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Morning Buzz for April 18, 2014 – MR Securities

April 18, 2014 | Brokerage

Karachi, April 18, 2014 (PPI-OT): Current account deficit over $2.1 billion, data reveals

Pakistan’s current account deficit in the first nine months of the ongoing fiscal year increased to more than $2.1 billion as opposed to $1.2 billion recorded in …

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Morning Buzz for April 17, 2014 – MR Securities

April 17, 2014 | Brokerage

Karachi, April 17, 2014 (PPI-OT): PKR appreciation helps reduce IMF loans: Senate informed

Senate was informed that appreciation of the PKR against the US dollar helped reduce the debt obtained from the International Monetary Fund (IMF) to Rs 44.39 billion. …

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Morning Buzz for April 08, 2014 – MR Securities

April 8, 2014 | Brokerage

Karachi, April 08, 2014 (PPI-OT): Budget books: Govt makes history, avoids deficit in March

According to MR Securities,

Probably, for the first time in the country’s history, the revenues matched expenditures in March that helped restrict the budget deficit in …

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Morning Buzz for March 25, 2014 – MR Securities

March 25, 2014 | Brokerage

Karachi, March 25, 2014 (PPI-OT): SBP seeks dollar buyers” data

According to MR Securities,

The State Bank of Pakistan (SBP) on Monday asked all exchange companies of “A” category to submit the data of dollar consumers, who purchased the greenback …

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Morning Buzz for March 24, 2014 – MR Securities

March 24, 2014 | Brokerage

Karachi, March 24, 2014 (PPI-OT): External debts, liabilities decline by $4 billion in CY13

According to MR Securities,

Pakistan’s external debt and liabilities scaled down by some $4 billion during the last calendar year, (CY13), mainly due to massive repayment …

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Morning Buzz for March 21, 2014 – MR Securities

March 21, 2014 | Brokerage

Karachi, March 21, 2014 (PPI-OT): Govt set to sell shares in OGDC, PPL and UBL

According to MR Securities,

After initial setbacks, the federal government is set to offload shares of three entities in international and local capital markets to …

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Morning Buzz for March 20, 2014 – MR Securities

March 20, 2014 | Brokerage

Karachi, March 20, 2014 (PPI-OT): Monetary figures: Money supply grows 5.68% since start of FY14
Money supply in the economy has increased by 5.68% since the start of the current fiscal year as opposed to the growth of 8.52% in …

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Morning Buzz for March 19, 2014 – MR Securities

March 19, 2014 | Brokerage

Karachi, March 19, 2014 (PPI-OT): Burj Bank acquisition: SBP allows MCB to commence due diligence

According to MR Securities,

The State Bank of Pakistan (SBP) has allowed MCB Bank to commence due diligence of Burj Bank Limited for proposed acquisition …

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Morning Buzz for March 18, 2014 – MR Securities

March 18, 2014 | Brokerage

Karachi, March 18, 2014 (PPI-OT): SBP blocks sale of Meezan Bank stake: Kuwait’s Noor

According to MR Securities,

Kuwait’s Noor Financial Investment Co said the proposed sale of its stake in Karachi-based Meezan Bank had been blocked by State Bank, …

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Morning Buzz for March 14, 2014 – MR Securities

March 14, 2014 | Brokerage

Karachi, March 14, 2014 (PPI-OT): SBP’s forex reserves up $702 million

According to MR Securities,

Liquid forex reserves held by the State Bank of Pakistan posted a notable increase of $702 million in a week. According to weekly forex report …

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