KARACHI: The name of BOC Pakistan Limited has been changed to Linde Pakistan Limited, informed the notice issued to the Karachi Stock Exchange on Monday.
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.
KARACHI: Unilever Pakistan Ltd has declared the "Closed Period" from September 22, 2011 to October 26, 2011 in a notice issued to Karachi Stock Exchange on Friday.
LAHORE: Sui Northern Gas Pipelines Limited (SNGPL) criticized by All Pakistan Textile Mills Association (APTMA) over gas curtailment to the textile industry despite government of Pakistan assurance to supply gas for five days a week.
KARACHI: Microfinance industry in Pakistan is a growing industry and it is currently serving approximately two million customers said Syed Samar Hasnain, Director, Agricultural Credit & Microfinance Department, State Bank of Pakistan.
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.
KARACHI: Pakistan Petroleum Limited (PPL) has appointed Mr. Asim Murtaza Khan as new chief executive /Managing Director, informed a notice issued to the Karachi Stock Exchange on Wednesday.
KARACHI: Pakistan National Shipping Corporation (PNSC) has declared the "Closed Period" from Thursday, September 20, 2011 to Friday, September 27, 2011, in a notice issued to Karachi Stock Exchange (KSE) on Monday.
WASHINGTON: Pakistan will have no trouble repaying a loan from the International Monetary Fund, its finance minister said on Monday, even though the country's economy has been hurt by heavy rains and floods.
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.
ISLAMABAD: World Bank has termed the economy of Pakistan, worst in the region which has been plunging down rapidly, said the recent report issued by World Bank.
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.
KARACHI: Likelihood of a discount rate cut is increasing and the market is looking for positive triggers and foreign institutional support. Relaxation in policy rate in next Monetary Policy could bring positive activities in the market in the upcoming days. Market is expected to recover today (Friday).
SINGAPORE: Lotte Pakistan PTA (LOTPTA) depends on government's decision to increase import tariffs to expand investments in its purified terephthalic acid (PTA) production capacity to 1.5 million tons per year industry, said the report published in ICIS news.
KARACHI: GlaxoSmithKline Pakistan Limited (GSK) net profits during the third quarter of calendar year 2011-2012 (3QCY11-12) trimmed by 13.54 percent year on year (YoY) to Rs 236.454 million.
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.
KARACHI: Market is looking for positive triggers and foreign institutional support amid diplomatic tensions and political uncertainty. Circular debt issue again hovering over oil stocks. Market is expected to recover somewhat today after last day decline.
KARACHI: The market is expected to remain range-bound and focused in some active blue chip stocks as the market is looking for positive triggers and foreign institutional support.