Monthly Archives: August 2013

AKD Quotidian about — Cements: Concrete basis for bottom fishing.

Karachi, August 30, 2013 (PPI-OT): Cement sector stocks came under heavy selling pressure yesterday (3.9% decline on average) as investors reacted sharply to rumors of a possible derailment in industry pricing. According to AKD Securities By way of background, cement

Price quotes of Pakistan Mercantile August 30, 2013

Karachi, August 30, 2013 (PPI-OT): Total Volume (Lots): 17,135 Traded Value (Rs): 4,808,669,192 Commodity Price Quotation Open Close CRUDE OIL $ Per Barrel 109.30 107.82 SILVER $ Per Ounce 24.150 23.650 GOLD $ Per Ounce 1,411.80 1,394.90 GOLD Rs Per

State Bank of Pakistan announce rates for conversion of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special United States Dollar Bonds and profit thereon August 30, 2013

Karachi, August 30, 2013 (PPI-OT): The following rates will be applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special U.S Dollar Bonds and profit thereon by all banks and for providing Forward

State Bank of Pakistan’s Open Market Operations (Injection) result dated August 30, 2013

Karachi, August 30, 2013 (PPI-OT): State Bank of Pakistan conducted its Open Market Operations (Mop up) in following contracts on Aug 30, 2013. Bids received & accepted are given below: A: OMO BIDS NO OMO Tenor Bids Range Number of

Small Medium Industrial Leasing Estates announce mortgage facilities for Small and Medium Enterprises desirous of buying immovable property under Islamic banking

Karachi, August 30, 2013 (PPI-OT): The Small Medium Industrial Leasing Estates Pvt Ltd (SMILE) announced mortgage facilities for SMEs desirous of buying immovable property under Islamic banking based on 20 years repayment plan. Chief executive officer (CEO) SMILE said those

Karachi should not be handed over to Army as it will not resolve the problem but add to it: President Federation of Pakistan Chambers of Commerce and Industry

Islamabad, August 30, 2013 (PPI-OT): President FPCCI Zubair Ahmed Malik on Friday said Karachi shouldn’t be handed over to Army as it will not resolve the problem but add to it. Capacity of civilian law enforcing and intelligence departments should

Shamim Ahmed Firpo to be Acting President Karachi Chamber of Commerce and Industry

Karachi, August 30, 2013 (PPI-OT): In the absence of Mr. Muhammad Haroon Agar, President, Karachi Chamber of Commerce and Industry has left for Dubai. Mr. Shamim Ahmed Firpo, Senior Vice President of the Karachi Chamber of Commerce and Industry will

Fair and exhibitions play important role for economic turnaround of a country therefore maximum facilitation should be given to potential exhibitors: Farooq Iftikhar

Lahore, August 30, 2013 (PPI-OT): Fair and exhibitions play an important role for the economic turnaround of a country therefore maximum facilitation should be given to potential exhibitors. This was stated by LCCI President Farooq Iftikhar while addressing the inaugural