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 Pakistan   |   World  

Ratings of Sitara Chemical maintained at AA-, A-1
KARACHI (September 08, 2010): JCR-VIS Credit Rating Company Limited (JCR-VIS) has maintained the medium to long-term entity rating of Sitara Chemical Industries Limited (SCIL) at 'AA-' (Double A Minus) and short-term rating at 'A-1' (A-One). The market dynamics of the caustic soda industry have experienced a change in competitiveness with the entry of a new player.



Atlas Engineering posts Rs 36.144 million after tax profit
KARACHI (September 08, 2010): Atlas Enginee-ring Limited posted Rs 36.144 million profit after tax in the year ended on June 30, 2010 (FY10) as compared to after tax loss of Rs 47.467 million recorded in FY09. The board of directors of the company in its meeting held here on Tuesday declared company's earning per share of Rs 1.46 in the period under review against loss per share of Rs 3.33 a year back.



Bank: KASB BANK LIMITED - Analysis of Financial Statements Financial Year 2005 -H Year 2010

OVERVIEW (September 08, 2010): KASB Bank Limited was incorporated on October 13, 1994 as Platinum Commercial Bank Limited. The name of the Bank was subsequently changed to KASB Bank Limited on February 21, 2003, when the majority shareholding was acquired by the KASB Group.




Bank: BANK AL-HABIB LIMITED - Analysis of Financial Statements Financial Year 2004 - 2001 H 2010

OVERVIEW (September 07, 2010): Bank Al-Habib Limited provides various financial products and services in Pakistan. It offers consumer, commercial and Islamic banking services.




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.



  

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The Rupee
Interbank closing rates for dollar on Tuesday.
BuyingRs 86.01
SellingRs 86.06
Dollar crosses Rs 86 mark
7481.03  73.24
Sectoral Indices 
Market at Close
BRIndex-30 7,489.56
KSE-30 Index 9,551.50
KSE-100 Index 9,748.14
LSE-25 Index 3,081.39
ISE-10 Index 2,527.85
Gold Per 10gm 33,985.00
KCA Spot Rate 6,400.00
Libor Rate 0.49669
World Indices
Index Closing Chg%
DJIA 10,340.69 1.03
Nasdaq 2,208.89 1.11
S&P 1,091.84 1.15
FTSE 5,407.82 0.60
DAX 6,117.89 0.60
CAC-40 3,643.81 1.11
Nikkei 9,226.00 0.80
H.Seng 21,401.80 0.20
Sensex 18,645.06 0.46
NY Closing
Euro 1.2881
Sterling 1.5346
Swiss Franc 1.0112
Yen 83.7680
Gold 1257.50
Cotton 91.450
Oil 73.84
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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