Tag: Investors

KARACHI - David Cameron's visit to Pakistan, accompanied by his announcement to pledge 650 million pounds for education and to increase bilateral trade to 2.5 billion pounds by 2015 had a positive impact on investors' sentiments. After few consecutive days of bearish activity, the KSE-100 index closed up by 32 points at 11,933 levels.
However, some correction was observed in the later half of the day as majority of the scrips underwent profit taking. While equity gains for the

ISLAMABAD - In a major development on Wednesday, the government assured Chinese investors that it would expedite progress on removing the legal barriers that are hindering investment of an estimated $15 billion in the country's hydel power sector.
An official source said a 10-member delegation led by Chinese Three Gorges Project Corporation (CTGPC) Chairman Cao Guangjing spent a busy day meeting the president, finance minister and other senior officials to sort out the

KARACHI - The recently-introduced leveraged products, Margin Financing System (MFS), Margin Trading System (MTS) and Securities Lending and Borrowing (SLB), appears to have failed to achieve the desired result of increasing volume at the country's volatile equity markets through luring greater investment.
Moreover, regulators from the Securities and Exchange Commission of Pakistan (SECP) have started smelling a rat in the stock members' usage of leveraged products that were

KARACHI - The local bourse exhibited bullish activity, as the benchmark 100 index closed 76.10 points up, spurred by institutional and foreign investors' interest. The KSE-100 index closed at 11,885.64 points against 11,809.54 points, a day earlier.
The intraday high and low was 11,890.63 and 11,812.06 points respectively, while the day's turnover was recorded at 80.50 million against Thursday's 68.52 million. Market capitalisation also remained upward, at Rs 3.164 trillion,

KARACHI - The KSE-100 index, on Thursday, closed at 11,809.54 points marked by a gain of 0.93 points, while total volume and total value stood at 55,378,100 and 3,594,159,574 respectively. The KSE-30 index accumulated 18.63 points to close at 11561.50 levels, while All Share index closed at 8,276.78 levels after losing 0.17 points. End of the cricket fever failed to instill investor's interest. The index return in the concluded first quarter of the CY11 remained below par, at -1.77

FAISALABAD - Ugandan Ambassador Dr Muhammad Ahmed has said that his country sees Pakistan as a partner in the progress of their agriculture economy and Pakistani investors are warmly welcomed to visit Uganda for investment, adding a special package of multidimensional incentives and facilitations has been announced.
He was addressing the participants of a lunch hosted in his honour by Faisalabad Electric Supply Company (FESCO) Board of Directors Chairman Nadeem Aftab Sindhu. Dr

KARACHI - The KSE-100 index gained 97 points to close at 11,809 levels. Volumes dwindled and stood at 52 million shares, triggered by the Prime Minister's announcement of a half-day holiday - as the Karachi stock exchange cut down trading time by one-and-half hours.
Investor's participation was considerably low, as they stayed in holiday mood. Few top tier stocks seemed to on the move irrespective of lower volumes. News related to lube prices impacted performance of the lube

NEW YORK - US stocks gained after a week of heightened volatility on Friday, but investors were reluctant to make big bets due to turmoil in the Middle East and Japan's nuclear crisis. The S&P and Dow ended lower for the second straight week as volatility spiked.
The two-day rally that ended the week wasn't enough to offset losses early in the week that briefly erased the indexes' 2011 gains. About 9.61 billion shares traded in composite action on Friday, more than average but

LAHORE - British Deputy High Commissioner and UK Trade and Investment Director Robert W Gibson has said that the power crisis, corruption and security related problems are the biggest challenges faced by Pakistan, but the UK government encourages its investors to look beyond headlines. Gibson made these remarks while speaking to guests at a farewell dinner, which was arranged at the British High Commission on the successful completion of his three years tenure as UK Trade and

KARACHI - Uncertainty regarding circular debt, plant efficiency and timings of dividend payment are likely reasons of Nishat Power Limited's (NPL) inability to gain market strength. Investors are surprised that, despite more than expected earning per share of Rs 3.4 in the first half of the Financial Year 2011, NPL has been unable to gain investors' attention.
With electricity tariffs put on hold for the last several months, government is bearing a monthly subsidy of Rs 15 to16

KARACHI - The rumors are hovering over volatile Karachi Stock Exchange (KSE) that the government is all set to make the long-awaited Margin Trading System (MTS) operational by the next week at the country's largest bourse. "The Margin Trading System to be operational from March 7," sources disclosed and said that the Federal Finance Minister Dr Abdul Hafeez Sheikh would be formally launching the leveraged product on coming Monday during his maiden visit to Karachi bourse.