lahore - After punching in a solid 49 per cent return in 2012, Pakistan equities sailed through high tides while sustaining new peaks till April 2013, experts said. According to AHL analysts, in April 2013 alone, KSE100 yielded a cracking 5.2 per cent return while mustering up a massive 12.3 per ...

ISLAMABAD - "Women already playing a key role in Pakistan's economy and strengthening their role in energy sector will create a real difference in national prosperity," said Craig VanDevelde, Chief of Party of United States Agency for International Development (USAID) Power Distribution Program, at ...

KARACHI - Led by small cap stocks equity values inched up by 0.7pc. More than 2 dozen mid cap stocks closed at its upper cap limit. Engro Corp remained in limelight as investors expect the company will post good results after better performance by its fertilizer business. Fauji Cement also remained ...

KARACHI – The Karachi stock market closed higher amid thin trade, led by second and third tier stocks on strong valuations.The benchmark KSE 100-share index gained 17.03 points or 0.09 per cent to close the day at 18653.06 points compared to 18636.03 points of the last working day on Friday. ...

ISLAMABAD – Member Admin Capital Development Authority (CDA) Munir Ahmed Chaudhry has formally Launched Islamabad Health Equity Model to enhance the quality of health care in the city.The study was conducted with the assistance of World Health Organization (WHO). This is the first ever study ...

LAHROE - The equity market closed a remunerative week up 1.8 per cent WoW, driven by a slew of positive earnings announcements as Oct-Dec 2012 result season unfolded and continued foreign interest at the local bourse. Relative calm on the political front after recent volatility also played a ...

KARACHI - Panic selling witnessed at Karachi Stock Exchange in stocks across the board on rising political noise as political leaders call long march on Jan 14 for a powerful caretaker setup ahead of elections, said Ahsan Mehanti stock analyst here on Wednesday. Security unrest in the country ...

LAHORE - In FY12 so far, the equity market has recorded a relatively muted gain of 9.4 per cent versus an average increase of 32.1 per cent in the preceding two fiscal years. Nevertheless, the local bourse has outperformed its regional peers by an average 11.4 per cent, while bettering commodities ...

LAHORE - Bullish sentiment prevailed at the local bourse throughout the week on the back of strong foreign buying. Attractive valuations kept investors’ mood fairly buoyant as the benchmark Index rose to its highest level since May 5, 2008. The KSE-100 gained 570 points (up 4.1 per cent WoW) ...

LAHORE - A consortium led by United Bank Limited and comprising ASN-NOVIB Microkredietfonds (Triple Jump B.V), Credit Suisse Microfinance Fund Management Company (ResponsAbility Global Microfinance Fund), Rural Impulse Fund II S.A. SICAV-FIS (Incofin Investment Management Comm.VA) and ShoreCap II ...

ZURICH (Reuters) - UBS will cut its return on equity target by 5 percentage points to 10-15 percent at an investor day next month when the Swiss bank is expected to announce shrinking its investment bank, a newspaper reported on Sunday. The SonntagZeitung said the new target would be announced by ...

ZURICH (Reuters) - Swiss bank UBS on Sunday increased the amount it said it had lost on rogue equity trades to $2.3 billion and alleged a trader concealed his risky deals by creating fictitious hedging positions in internal systems. UBS stunned markets on Thursday when it announced unauthorised ...

LAHORE Foreign selling spell continued for the second consecutive week, keeping the investors at bay, despite strong major corporate financial results. The equity market continued to remain under pressure, losing 286 points or 2.3 percent to close at 12,190 level; while average daily volumes ...

KARACHI - The Overseas Private Investment Corp (OPIC) from the pledged amount of $500 million by US Secretary of State Hillary Clinton at Pak-US strategic dialogue, will provide $50 million to the JS Private Equity Fund II LLC, which has a target capitalisation of $150 million and seeks to achieve ...

KARACHI (APP)- Adamjee Insurance Company Ltd has convened annual general meeting to get approval for making investment of Rs.15.624 million in the equity of Nishat Mills Ltd (NML). According to a communique of the company despatched to Karachi Stock Exchange here Monday, NML has offered 45 per cent ...

LAHORE - Total equity and liabilities of Pakistan International Airlines Corporation (PIAC) has risen from Rs 139.669 billion to Rs 185.600 billions on 31, December 2008. Sources confided that airline endeavoured to narrow down its losses through re-evaluation of assets but it failed to achieve ...

LAHORE - The local stock market showed a decent recovery on Friday following the SECP's decision of granting relaxation on IAS 39. The market which had remained largely in the red zone during the week, recovered 227 points on Friday to close at 5,626 level, up 0.5 per cent WoW. While, the market ...

LAHORE - The Securities and Exchange Commission of Pakistan (SECP) in exercise of powers, through SRO 150 (I) 2009 dated Feb 13, 2009, has granted relaxation in the accounting treatment for equity securities held by the companies under the head "Available for Sale" as required under International ...

KARACHI - A delegation from BMA, Pakistan's Premier Investment Group, presented international investors with an analysis on Pakistan's economy and equity markets at the Trade Tech 2008 Conference in Singapore. BMA made the case for international investors to keep Pakistan in their sights due to ...

KARACHI - Karachi Stock Exchange, which was on downward trend over the last three weeks, managed to close the outgoing week on positive note. The announcement of Finance Minister to establish Rs20b equity market fund gave much-needed boost to the stock market and the announcement of governor of ...

KARACHI- Karachi Stock Exchange has showed another lackluster performance during the outgoing week, as the KSE index declined by 266 points or 2.2 per cent on week on week basis and close weekend at 11,695 points. The decision of SECP of restoring 5 per cent upper and lower locks on last trading ...

KARACHI - A meeting between Security and Exchange Commission of Pakistan (SECP) and Karachi Stock Exchange (KSE) has discussed the setting up of equity market opportunity fund (EMOF) of not less than Rs 50 billion to reduce volatility in the market and increase liquidity. According to a concept ...