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Riffat Mughal

LSM posts 3.6pct growth in 1QFY12 - 0 views

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    ISLAMBAD: Large Scale Manufacturing (LSM) production grew 3.6 percent in 1QFY12. The major push came from the growth in 65 industries, according to the statistics released by Federal Bureau of Statistics (FBS).
Riffat Mughal

Mutual Fund industry sold $3.143mln worth of shares - 0 views

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    KARACHI: According to National Clearing Company of Pakistan (NCCPL) data, Pakistan's Mutual Fund industry was the net sellers of $3.143 million or Rs 273.513 million worth of shares during the week as against net buyers of $2.666 million or Rs 231.953 million worth of shares during the week ended on November 25, 2011.
Halal Tamweel

Malaysia sells 4 bln rgt sukuk at avg 3.375 pct - 0 views

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    KUALA LUMPUR: Malaysia has sold 4 billion ringgit ($1.31 billion) in Islamic government bonds maturing in 2016 at an average yield of 3.375 percent, the central bank said on Wednesday.
Riffat Mughal

Analysis: Pakistan Refineries GRMs improved in 1QFY11-12 - 0 views

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    Gross Refinery Margins (GRMs) for local refineries improved by 11 percent quarter on quarter (QoQ) at $3 per barrel in the first quarter of the financial year 2011-2012 (1QFY11-12) as compared to $2.7 per barrel reported in the previous quarter.
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    Gross Refinery Margins (GRMs) for local refineries improved by 11 percent quarter on quarter (QoQ) at $3 per barrel in the first quarter of the financial year 2011-2012 (1QFY11-12) as compared to $2.7 per barrel reported in the previous quarter.
Riffat Mughal

KSE witnesses foreign outflows of $2.33mln - 0 views

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    KARACHI: Foreign Investors' Portfolio Investment (FIPI) data reported by National Clearing Company of Pakistan Limited (NCCPL) revealed that massive outflow of $2.333 million or Rs 202.977 million was witnessed from Karachi Stock Exchange (KSE) during the week ended on December 2, 2011 as compared to net foreign outflows of $3.845 million or Rs 334.566 million reported last week.
Riffat Mughal

KMI Weekly: Index lost 676.72pts - 0 views

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    KARACHI: The Halal stocks KMI-30 share index remained under pressure throughout the week as it lost massive 676.72 points or 3.41 percent in the absence of positive triggers.
Halal Tamweel

Saudi Aramco, Total venture to raise $1 bln sukuk - 0 views

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    RIYADH: Saudi Aramco and France's Total are set to issue up to 3.75 billion Saudi riyals ($1 bln) in Islamic bonds, or sukuk, with final pricing expected by the end of the month, lead arrangers said on Tuesday.
Riffat Mughal

Cement sales improved by 13.68pct during Aug-Jul - 0 views

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    KARACHI: According to the latest data released by the All Pakistan Cement Manufacturers Association (APCMA), the local cement dispatches increased by 13.68 percent to 3.68 million tons during Aug-Jul compared to the same period last year.
Halal Tamweel

ADB projected moderate economic growth - 0 views

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    KARACHI: The Asian Development Bank (ADB) has presented a modest economic growth forecast of 3.7 percent for Pakistan for FY12, lower than government's target of 4.5 percent.
Riffat Mughal

Remittances surge by 25 percent to $3.3bln - 0 views

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    KARACHI: The overseas Pakistani workers remitted an amount of $ 3,297.20 million in the first quarter (July - September) of the current fiscal year 2011-12 (FY12), showing a growth of 24.60 percent or $ 650.9 million compared with $ 2,646.30 million received during the same period of last fiscal year (July- September 2010).
Riffat Mughal

KMI Weekly: Index gains 652.60pts - 0 views

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    KARACHI: The Halal stocks KMI-30 share index went up by 652.60 points or 3 percent during the last week. KMI-30 Index closed at the level of 22,421.46 points as compared to the last week's closing level of 21,768.86 points.
Riffat Mughal

3-mth fiscal deficit 1.1pct of GDP - 0 views

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    KARACHI: Pakistan's fiscal deficit for the first three months of fiscal year 2011/12 was 1.1 percent of gross domestic product, a Finance Ministry official told Reuters on Wednesday.
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