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 Pakistan   |   World  

Cement: LAFARGE PAKISTAN CEMENTS - Analysis of Financial Statements Financial Year 2006 - Financial Year 2009

OVERVIEW (September 06, 2010): Lafarge Pakistan Cement (LP) is a part of Lafarge, world leader of construction materials. The state-of-the-art plant commenced Commercial Operations in December 2006 with an annual cement production capacity of 2.5m tons, thus becoming the largest production line in Pakistan.




Profit after tax of Netsol Technologies increases
KARACHI (September 04, 2010): The profit after tax of Netsol Technologies Limited has increased to Rs 977.232 million in the year ended June 30, 2010 (FY10) as compared to Rs 341.170 million earned in the corresponding period in FY09. The board of directors of the company in its meeting held on Thursday declared that the company's earning per share has increased to Rs 12.38 in the period under review against Rs 4.12 in the same period a year back.



Profit after tax of Millat Tractors increases
KARACHI (September 04, 2010): The profit after tax of Millat Tractors Limited has increased to Rs 2.284 billion in the year ended June 30, 2010 (FY10), as compared to Rs 1.215 billion earned in the corresponding period in FY09. The company's earning per share surged to Rs 78.01 in the period under review against Rs 41.49 in the same period a year back.



PNSC profit declines
KARACHI (September 04, 2010): The profit after tax of Pakistan National Shipping Corporation (PNSC) declined to Rs 967.824 million in the year ended June 30, 2010 (FY10) as compared to Rs 2,312.842 million earned in FY09. The company's earning per share declined to Rs 7.33 in the period under review against Rs 17.51 a year back.



PAK ELEKTRON LIMITED - Analysis of Financial Statements Financial Year 2003- Financial Year 2009

OVERVIEW (September 04, 2010): Pak Elektron Limited (PEL) is the pioneer manufacturer of electrical goods in Pakistan. It was established in 1956, in technical collaboration with M/s AEG of Germany.




Bank: MEEZAN BANK LIMITED - Analysis of Financial Statements Financial Year 2003 - Half Year 2010

OVERVIEW (September 03, 2010): Meezan Bank Limited (MEBL) is a publicly listed company, first incorporated on January 27, 1997. It is pioneers of Islamic banking in Pakistan and started its operations from March 2002. It started operations as an investment bank in August of the same year. In January, 2002 in an historic initiative, Meezan Bank was granted the Nations first full-fledged commercial banking license dedicated to Islamic Banking, by the State Bank of Pakistan.




PAKISTAN SERVICES LIMITED - Analysis of Financial Statements Financial Year 2002-3Q'10

OVERVIEW (September 02, 2010): Pakistan Services Limited, is an international public company, incorporated in 1958 in Karachi under the Companies Act, 1913 now Companies Ordinance, 1984 as a public limited company and is quoted on Karachi Stock Exchange. The company is principally engaged in hotel business and owns and operates the chain of 6 Pearl Continental Hotels in Pakistan, at Karachi, Lahore, Rawalpindi, Peshawar, Bhurban and Muzzaffarabad.




NIB Bank to increase capital by Rs 8.6 billion
KARACHI (September 01, 2010): NIB Bank intends to increase its capital by an amount of approximately Rs 8.6 billion in the near future with the objective of continuing to keep the bank strong and well-capitalised. According to an information sent to Karachi Stock Exchange (KSE), the Board of NIB Bank currently contemplates the capital increase to be in the form of Redeemable Preference Shares.



Insurance: NEW JUBILEE INSURANCE - Analysis of Financial Statements Financial Year 2004 - Financial Year 2009

OVERVIEW (September 01, 2010): New Jubilee Insurance was established in 1953. It is listed on Karachi and Lahore stock exchanges. Major shareholders include Aga Khan Fund for Economics Development and Hashoo Group.




NIB Bank posts Rs 1,944.486 million loss after tax
KARACHI (August 31, 2010): NIB Bank has posted Rs 1,944.486 million as loss after tax in the half year period ended on June 30, 2010 as compared to profit after tax of Rs 579.913 million, earned in the corresponding period in 2009. The board of directors of the bank, in its meeting held on August 27, 2010, declared that bank has registered per share loss of Re 0.48 in the period under review against earning per share of Re 0.14 in the same period a year back.


  

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1Speciality Printers (Pvt) LimitedPrinted Wrappers
1Watch DogTotal Security
2Al-Ghazi Tractors LimitedBook Closure
2Chenab LimitedElection of Directors
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3Aaj ChannelAaj Programme
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5Standard Chartered Bank (Pakistan)LimitedPublic Notice
6Provincial Buildings Division HyderabadTender
13English Boot House (Pvt) LimitedWe Mean Business
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14Alamgir Welfare Trust InternationalZakat
14ECU Line Pakistan (Pvt) LimitedShipping & International Transport
14Interwood Mobel (Pvt) LimitedEngineered Wood Floors
15Fauji FoundationDetermined to Defeat all Odds
15Pakistan Air ForceDefence Day
16Pakistan NavyOur ride is Our Courage
20Shirazi Trading Company (Pvt) LimitedCanon Scanning Efficiency
20KHI StocksStocks Analysis

The Rupee
Interbank closing rates for dollar on Sunday.
BuyingRs 85.65
SellingRs 85.70
Recorder Review: mixed trend
7481.03  73.24
Sectoral Indices 
Market at Close
BRIndex-30 7,474.07
KSE-30 Index 9,551.5
KSE-100 Index 9,706.10
LSE-25 Index 3,056.05
ISE-10 Index 2,511.00
Gold Per 10gm 33,900.00
KCA Spot Rate 6,300.00
Libor Rate 0.49669
World Indices
Index Closing Chg%
DJIA 10,447.93 1.24
Nasdaq 2,233.75 1.53
S&P 1,104.51 1.32
FTSE 5,428.15 1.10
DAX 6,134.62 0.83
CAC-40 3,672.20 1.12
Nikkei 9,301.32 2.05
H.Seng 21,355.77 1.83
Sensex 18,560.05 1.86
NY Closing
Euro 1.2898
Sterling 1.5452
Swiss Franc 1.0164
Yen 84.3110
Gold 1251.10
Cotton 89.450
Oil 74.60
Economic Indicators
Annual2009/10
Foreign Debt $53.01bn
Per Cap Income $1046
GDP Growth 4.1%
Average CPI 11.73%
MonthlyJuly
Trade Balance $-1.45 bln
Exports $1.78 bln
Imports $3.24 bln
WeeklySeptember 02, 2010
Reserves $16.12 bln
 









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