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Riffat Mughal

Technical Stock Snapshot - 1 views

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    The technical analysis showed that Halal Stocks KMI-30 share index would be bearish. Resistance around 21,291.70 resulted in a marginal break of 21,083.20 Support. Could adjust further to 20,999.65~20,874.70 area. We view last couple retreats as momentary reaction.
Riffat Mughal

Technical Stock Snapshot - 0 views

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    The technical analysis showed that Halal Stocks KMI-30 share index would be bearish. Resistance around 21,374.79 resulted in a marginal break of 20,968.57 Support.
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.
Riffat Mughal

Circular Debt: Banks agree to extend more credit to power sector - 0 views

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    ISLAMABAD: The negotiations between the government and commercial banks remained successful on Tuesday to resolve the mounting circular debt issue of Rs 400 billion in the power sector of the country.
Riffat Mughal

Mudarabah Makes Its Name in Pakistan's Stock Markets - 0 views

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    Mudarabah is one of the prime modes of Islamic Financial System. Mudarabah is a kind of partnership, wherein one party provides finance to the other party for the purpose of carrying on business.
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