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Riffat Mughal

Analysis: Pakistan refineries production 2MFY11-12 - 0 views

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    Pakistan refinery sector production fell by 18 percent 2MFY11-12 Pakistan refinery sector production fell by 18 percent as it stood at 1.2 million tons in first two months of fiscal year 2011-12 (2MFY11-12) as compared to 1.4 million tons in the corresponding period last year. However, in the month of August, Pakistan's refinery production slashed by 28 percent month on month (MoM).
Halal Tamweel

Pakistan to ease palm oil duty for Indonesia - 0 views

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    JAKARTA: Pakistan has agreed to lower its duty by 15 percent on Indonesian crude palm oil and its by products by January 2012, officials said.
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.
Riffat Mughal

Car sales gear up by 27 percent - 0 views

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    KARACHI: The car sales in the country escalated by 27 percent during the first quarter of the new fiscal year, according to the statistics released by Pakistan Automotive Manufacturers Association (PAMA) on Monday.
Riffat Mughal

Kohinoor Energy Ltd grew by 137.26pct - 0 views

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    KARACHI: Kohinoor Energy Limited (KOHE) showed outstanding performance during the first quarter of financial year 2011 (1QFY11) as its profits surged by 137.26 percent year on year (YoY) to Rs 180.459 million as compared to Rs 76.061 million in the same period previous year, mentioned in a notice issued by the company to Karachi Stock exchange.
Riffat Mughal

Tri-Pack Films Ltd profits surged by 64.84pct 3QFY11 - 0 views

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    KARACHI: Tri- Pack Films Limited (TRIPF) witnessed outstanding performance during the third quarter of the financial year 2011 (3QFY11) as its profits surged by 64.84 percent year on year (YoY) to Rs 200.040 million as compared to Rs 121.354 million in the same period previous year, mentioned in a notice issued by the company to Karachi Stock exchange.
Riffat Mughal

Pakistan Islamic Banking windows net assets surge by 31.77pct | HALALTAMWEEL.COM - 0 views

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    KARACHI: Pakistan's Islamic banking windows of conventional banks continued to grow during the first nine months of the calendar year 2011 (9MCY11) with improved asset base. Net assets of the Islamic banking windows grew by 31.77 percent and stood at Rs 17.647 billion as on Sep 30, 2011 as against Rs 13.393 billion reported on Dec 31, 2010.
Riffat Mughal

LPG price goes up by Rs 13/kg - 0 views

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    ISLAMABAD: Prices of Liquefied Petroleum Gas (LPG) has increased by 16 percent or Rs 13 per kilogram, notification issued by Oil and Gas Regulatory Authority (OGRA) on Tuesday.
Riffat Mughal

First Prudential Modaraba profits crawled up by 0.74pct - 0 views

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    KARACHI: First Prudential Modaraba total comprehensive income for the year grew by meager 0.74 percent year on year (YoY) to Rs 33.674 million during the financial year 2011 (FY11). Earnings per share remained intact at Rs 0.38 per certificate, revealed in a notice issued by the company to Karachi Stock exchange on Friday.
Halal Tamweel

Sales of OMC drop by 6pct during August 2011 - 0 views

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    KARACHI: The sales of Oil & Marketing Companies (OMCs) dropped by 6 percent during the month of August to 1.740 million tons, according to the latest data released by Oil Companies Advisory Committee (OCAC).
Riffat Mughal

Brent stays above $110, boosted by Mideast tensions, Europe bailout - 0 views

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    SINGAPORE: Brent crude stayed above $110 on Wednesday, holding onto its previous session gains, as Iran's escalating tensions with the West and an agreement by euro zone ministers to ramp up the firepower of their bailout fund helped support prices.
Riffat Mughal

Habib Metropolitan Bank: Islamic Banking Business net assets climb by 26.93pct - 0 views

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    KARACHI: Habib Metropolitan Bank Limited- Islamic banking business net assets surged by 26.93 percent during nine months of the calendar year 2011 (9MCY11).
Riffat Mughal

Islamic Window: Al Habib net assets grow by 65.08pct in 1HFY11 - 0 views

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    KARACHI: Bank Al Habib Islamic banking branches unaudited net assets surged by 65.08 percent during first half of the financial year 2011 (1HFY11) as it reached to Rs 1.086 billion as compared to audited net assets of Rs 0.657 billion on December 31, 2010.
Riffat Mughal

Pakistan's broad money (M2) grew by 15.89 percent - 0 views

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    KARACHI: Pakistan's broad money (M2) grew by 15.89 percent year on year (YoY) to Rs 917.961 billion during FY11 as against 12.46 percent YoY to Rs 640.015 billion in FY10, State Bank of Pakistan (SBP) provisional data revealed.
Riffat Mughal

Urea offtake down, DAP sales up - 0 views

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    KARACHI: Fertilizer offtake improved by nominal 4 percent YoY to 5.12 million tons during eight months of calendar year Jan-Aug as compared to 4.95 million tons in the same period last year, according to the latest figures disclosed by National Fertilizer Development Centre (NDFC).
Riffat Mughal

Noon Pakistan yearly profits surged by 52.28pct in FY11 - 0 views

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    KARACHI: Noon Pakistan Limited (NOPK) profits for the year surged by 52.28 percent year on year (YoY) to Rs 41.551 million in the financial year 2011 (FY11) as compared to Rs 27.285 million reported in the previous year.
Halal Tamweel

Cement prices increased - 0 views

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    KARACHI: Cement manufacturers in the southern region has elevated the prices of cement bags by Rs 15 per 50kg bag by following their peers in northern region who increased the cement bag prices in the previous month.
Halal Tamweel

SBP withdraws gold and cash collateral requirement for MFBs loans - 0 views

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    KARACHI: The State Bank of Pakistan (SBP) has withdrawn the general provision requirements for loans extended by Microfinance Banks (MFBs) against gold or other cash collateral. In case of all other loans, SBP has reduced the general provision requirement for MFBs by 50 basis points.
Riffat Mughal

Pakistan gold prices down - 0 views

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    KARACHI: Gold rates in Pakistan dropped on Tuesday in major bullion markets of the country despite nominal rise in international gold rates. Gold prices in Karachi went down by Rs 600 per tola and recorded at Rs. 60,100 per tola (11.66 grams). The price of 10 grams gold was also declined by Rs 514 to Rs. 51,514.
Riffat Mughal

Islamic Equity Funds: Net assets decline by 4.17pct in August - 0 views

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    KARACHI: Pakistan's key Islamic equity funds performance remained low during the month of August, 2011 as the cumulative net assets of the four major Islamic equity funds fell by 4.17 percent Month-on-Month (MoM) to Rs 5,174.501 million as at August 31, 2011 from Rs 5,399.576 million as at July, 2011.
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