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Monthly Archives: October 2013

Ismail Suttar urges Old-Age Benefits Institution authorities for increase in pension amount

Lasbela, October 31, 2013 (PPI-OT): Mr. Ismail Suttar, President LCCI termed the pension disbursed by EOBI to secured employees a meagre amount and urged the Employees” Old-Age Benefits Institutions (EOBI) […]

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KASB Securities Limited and Economics Research-Commodities Corner

Karachi, October 31, 2013 (PPI-OT): US Fed portrays optimism over economic recovery Pressure on crude oil remained and it was seen trading at four months low as US crude stock piles gained significantly. Moreover, crude supplies from one of the largest fields of Libya are likely to start next week. According to KASB Securities Limited …

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AKD Quotidian about — PSO: Earnings growth amid continuing liquidity problems

Karachi, October 31, 2013 (PPI-OT): Led by irregular interest income of PkR8.2bn from the power sector, PSO posted robust earnings growth of 83%YoY in 1QFY14 (NPAT: PkR7.8bn; EPS: PkR31.6), where AKD Securities upward revise AKD Securities Limited EPS estimate for FY14F by 33% to PkR77/share. According to AKD Securities Limited however, highlight pending interest payable/receivable …

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Price quotes of Pakistan Mercantile October 31, 2013

Karachi, October 31, 2013 (PPI-OT): Total Volume (Lots): 24,312 Traded Value (Rs): 7,091,547,593 Commodity Price Quotation Open Close CRUDE OIL $ Per Barrel 97.52 96.98 SILVER $ Per Ounce 22.740 22.373 GOLD $ Per Ounce 1,349.80 1,335.20 GOLD Rs Per 10 gms 46,426 46,027 GOLD Rs Per Tola 55,418 54,917 RICEIRRI6 Rs Per 100 kg …

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Pakistan’s Liquid Foreign Reserves Position of October 31, 2013

Karachi, October 31, 2013 (PPI-OT): The total liquid foreign reserves held by the country stood at $ 9,497.2 million on 25th October, 2013.The break-up of the foreign reserves position is as under: – i) Foreign reserves held by the State Bank of Pakistan: $ 4,299.4 million ii) Net foreign reserves held by banks (other than …

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State Bank of Pakistan’s Open Market Operations (Injection) result dated October 31, 2013

Karachi, October 31, 2013 (PPI-OT): State Bank of Pakistan conducted its Open Market Operations (Mop up) in following contracts on Oct 31, 2013 received & accepted are given below: A: OMO BIDS NO OMO Tenor Bids Range Number of Quotes Offered 1 08-Days (Reverse Repo) 8.49 – 9.00% 10 B: OMO RESULT (Rs. In Millions) …

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State Bank of Pakistan rates for conversion of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special United States Dollar Bonds and profit thereon October 31, 2013

Karachi, October 31, 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 November 1, …

The post State Bank of Pakistan rates for conversion of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special United States Dollar Bonds and profit thereon October 31, 2013 appeared first on AsiaNet-Pakistan.