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Monthly Archives: August 2013

AKD Quotidian about — Cements: Concrete basis for bottom fishing.

Karachi, August 30, 2013 (PPI-OT): Cement sector stocks came under heavy selling pressure yesterday (3.9% decline on average) as investors reacted sharply to rumors of a possible derailment in industry pricing. According to AKD Securities By way of background, cement producers without CPPs are at a relative disadvantage resulting in their push for an increase …

The post AKD Quotidian about — Cements: Concrete basis for bottom fishing. appeared first on AsiaNet-Pakistan.

Price quotes of Pakistan Mercantile August 30, 2013

Karachi, August 30, 2013 (PPI-OT): Total Volume (Lots): 17,135 Traded Value (Rs): 4,808,669,192 Commodity Price Quotation Open Close CRUDE OIL $ Per Barrel 109.30 107.82 SILVER $ Per Ounce 24.150 23.650 GOLD $ Per Ounce 1,411.80 1,394.90 GOLD Rs Per 10 gms 47,268 46,968 GOLD Rs Per Tola 56,601 55,920 RICEIRRI6 Rs Per 100 kg …

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The post Price quotes of Pakistan Mercantile August 30, 2013 appeared first on AsiaNet-Pakistan.

The post Price quotes of Pakistan Mercantile August 30, 2013 appeared first on AsiaNet-Pakistan.

State Bank of Pakistan announce rates for conversion of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special United States Dollar Bonds and profit thereon August 30, 2013

Karachi, August 30, 2013 (PPI-OT): The following rates will be applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special U.S Dollar Bonds and profit thereon by all banks and for providing Forward Cover on Foreign Currency Deposits (excluding F.E-25 deposits) by the State Bank on September 2, …

The post State Bank of Pakistan announce rates for conversion of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special United States Dollar Bonds and profit thereon August 30, 2013 appeared first on AsiaNet-Pakistan.

The post State Bank of Pakistan announce rates for conversion of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special United States Dollar Bonds and profit thereon August 30, 2013 appeared first on AsiaNet-Pakistan.

State Bank of Pakistan’s Open Market Operations (Injection) result dated August 30, 2013

Karachi, August 30, 2013 (PPI-OT): State Bank of Pakistan conducted its Open Market Operations (Mop up) in following contracts on Aug 30, 2013. Bids received & accepted are given below: A: OMO BIDS NO OMO Tenor Bids Range Number of Bids Offered 1 06-Days (Repo) 8.45 – 8.55% 08 B: OMO RESULT (Rs. In Millions) …

The post State Bank of Pakistan’s Open Market Operations (Injection) result dated August 30, 2013 appeared first on AsiaNet-Pakistan.

The post State Bank of Pakistan’s Open Market Operations (Injection) result dated August 30, 2013 appeared first on AsiaNet-Pakistan.

The post State Bank of Pakistan’s Open Market Operations (Injection) result dated August 30, 2013 appeared first on AsiaNet-Pakistan.

Small Medium Industrial Leasing Estates announce mortgage facilities for Small and Medium Enterprises desirous of buying immovable property under Islamic banking

Karachi, August 30, 2013 (PPI-OT): The Small Medium Industrial Leasing Estates Pvt Ltd (SMILE) announced mortgage facilities for SMEs desirous of buying immovable property under Islamic banking based on 20 years repayment plan. Chief executive officer (CEO) SMILE said those SMEs who wish to purchase immovable property and need simultaneous mortgage with bank would be …

The post Small Medium Industrial Leasing Estates announce mortgage facilities for Small and Medium Enterprises desirous of buying immovable property under Islamic banking appeared first on AsiaNet-Pakistan.

Karachi should not be handed over to Army as it will not resolve the problem but add to it: President Federation of Pakistan Chambers of Commerce and Industry

Islamabad, August 30, 2013 (PPI-OT): President FPCCI Zubair Ahmed Malik on Friday said Karachi shouldn’t be handed over to Army as it will not resolve the problem but add to it. Capacity of civilian law enforcing and intelligence departments should be enhanced to contain dwindling law and order situation in Karachi which has been casting …

The post Karachi should not be handed over to Army as it will not resolve the problem but add to it: President Federation of Pakistan Chambers of Commerce and Industry appeared first on AsiaNet-Pakistan.

Fair and exhibitions play important role for economic turnaround of a country therefore maximum facilitation should be given to potential exhibitors: Farooq Iftikhar

Lahore, August 30, 2013 (PPI-OT): Fair and exhibitions play an important role for the economic turnaround of a country therefore maximum facilitation should be given to potential exhibitors. This was stated by LCCI President Farooq Iftikhar while addressing the inaugural ceremony of three-day Embroidery Machines Exhibition here at Expo Centre on Thursday. LCCI Vice President …

The post Fair and exhibitions play important role for economic turnaround of a country therefore maximum facilitation should be given to potential exhibitors: Farooq Iftikhar appeared first on AsiaNet-Pakistan.

National Bank of Pakistan and U Microfinance Bank Ltd sign deal for branchless banking

Karachi, August 30, 2013 (PPI-OT): The strategic alliance between U Bank and National Bank of Pakistan will offer tremendous benefits to the clients. Though, the agreement signed between the two giants is aimed at offering ‘branchless banking’, being part of financial inclusion program, it will change the way people will perform banking transaction. This was …

The post National Bank of Pakistan and U Microfinance Bank Ltd sign deal for branchless banking appeared first on AsiaNet-Pakistan.