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Riffat Mughal

KSE witnesses massive foreign outflows in 2011 | HALALTAMWEEL.COM - 0 views

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    KARACHI: Higher foreign outflows from Karachi Stock Exchange (KSE) hurt sentiments of the market in the year 2011 are an alarming sign for investors going forward.
Halal Tamweel

ATRL reports healthy profits in FY11 - 0 views

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    KARACHI: Attock Refinery Limited (ATRL) has reported healthy profits of Rs 2.185 billion as compared to Rs 0.126 billion in the previous year, mentioned in a notice issued by the company to Karachi Stock exchange.
Riffat Mughal

HMB Islamic Banking operations remain impressive in 1HCY11 - 0 views

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    KARACHI: The net assets of Habib Metropolitan Islamic windows surged by 7.15 percent during first half of the calendar year 2011 (1HCY11) as it recorded at Rs 1.22 billion as compared to Rs 1.14 billion in December, 2010.
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    KARACHI: The net assets of Habib Metropolitan Islamic windows surged by 7.15 percent during first half of the calendar year 2011 (1HCY11) as it recorded at Rs 1.22 billion as compared to Rs 1.14 billion in December, 2010.
Riffat Mughal

Asian shares fall on caution over euro zone bailout progress - 0 views

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    TOKYO: Asian shares fell and the euro trimmed gains on Wednesday as caution set in over the chance for more progress in resolving euro zone debt woes after officials agreed to strengthen a rescue fund and seek more aid from the International Monetary Fund.
Riffat Mughal

No further extension of date for filing IT, ST returns: FBR - 0 views

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    ISLAMABAD: The Tax Reform Core Group, in its two-day meeting with the Federal Board of Revenue officials concluded here today, has expressed its extreme reservation over frequent extensions being granted by the Board in filing of Income Tax (IT) and Sales Tax (ST) returns.
Riffat Mughal

IMF delegation to visit Pak in November says Hafeez - 0 views

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    WASHINGTON: A delegation from International Monitory Fund (IMF) would visit Pakistan in November informed Finance Minister Dr Abdul Hafeez Sheikh on Saturday.
Riffat Mughal

Pakistan Halal stocks fell 2.7pct in early trade - 0 views

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    KARACHI: The worsening relationship of Pakistan with United States has dampened the sentiments of local and foreign investors badly as the Halal Stock Index tumbled by 2.7 percent or 571.52 points in early trade on Monday.
Riffat Mughal

KMI: Fertilizer & oil stocks to remain in limelight - 0 views

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    KARACHI: Fertilizer and oil stocks will remain in limelight with better expected dividend yield and improved sales. Market is expected to remain steady after rupee strengthening once again and signaling that macroeconomic outlook is not as bleak as was thought few days ago.
Riffat Mughal

KMI likely to take U-turn on global stocks recovery - 0 views

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    KARACHI: Positive triggers and foreign institutional support is needed in the market amidst diplomatic tensions and political uncertainty. Since the market is following global trend recently, the movements in global markets will also be an important determinant shaping the course of the market. Market is expected to recover somewhat today after central bank's intervention to support the rupee.
Riffat Mughal

Pakistan gold prices eased down to Rs 56,300/tola - 0 views

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    KARACHI: Pakistan gold rates continuously falling in major bullion markets of the country following decline in the international gold markets as European countries are striving hard to stimulate the economy.
Riffat Mughal

LSM growth remained flat - 0 views

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    KARACHI: The month of July witnessed nominal growth in Large Scale manufacturing growth as it recorded growth of mere 0.68 percent to place the Quantum Index Numbers of the LSM Industries at 207.04 points as compared to 205.64 points in the corresponding period of the previous year, according to the latest statistics released by Federal Board of Statistics (FBS)
Riffat Mughal

Asian stocks in worst month since October 2008 - 0 views

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    HONG KONG: Asian stocks fell on Friday, extending the worst monthly performance since the most volatile days of the global financial crisis in October 2008, with Chinese shares racking up sharp losses.
Riffat Mughal

Sept inflation dips to 10.46 pct y/y - 0 views

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    ISLAMABAD: Pakistan's annual inflation rate eased in September, with the consumer price index (CPI) rising 10.46 percent from a year earlier, compared with 11.56 percent in August, the Federal Bureau of Statistics said on Monday.
Halal Tamweel

Brent above $102; Libyan oilfield may be in ruins - 0 views

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    SINGAPORE: Brent crude held above $102 after surging in the previous session as pessimism about weaker demand was outweighed by a surprise drawdown of U.S. inventories and concerns that Libya's largest oilfield could be damaged.
Halal Tamweel

Halal stocks: Market likely to remain range-bound - 0 views

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    KARACHI: Foreign selling has impacted investors' confidence. Trade is concentrated in some stocks and they are now trading at inflated levels. Market is expected to remain range bound today and will be focusing on monetary policy ease in next couple of days.
Halal Tamweel

Japan's Mizuho applies for Shariah Compliant services license in Malaysia - 0 views

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    KUALA LUMPUR: Banks from Japan to Bahrain plan to set up offices in Malaysia to take advantage of the growth in Islamic finance assets in the world's biggest sukuk market.
Halal Tamweel

Attock Cement reports earnings decline - 0 views

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    KARACHI: Attock Cement (ACPL) has reported 33 percent yearly decline in Net Profit after Tax (NPAT) of the company, recorded at Rs 684.42 million as compared to Rs 1,016.68 million recorded in last year, according to a notice issued by the company to Karachi Stock Exchange (KSE) on Monday.
Halal Tamweel

Firm buying at Pakistan cotton market - 0 views

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    KARACHI: Persisting rains in Sindh damaged crop further, bad sewerage systems in the province not only created transportation problems but also damaged roads which caused late delivery of cotton at the market.
Halal Tamweel

PPL confirms seeking entry in E&P activities in Iran - 0 views

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    KARACHI: Pakistan Petroleum Limited (PPL) confirmed here on Wednesday that it is interested to make an entry into an Exploration and Production business activities in Iran, according to the notice sent to the Karachi Stock Exchange (KSE).
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.
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