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 Brief Recordings[1-1 of 1 stories]  

Bank: KASB BANK LIMITED - Analysis of Financial Statements Financial Year 2005 - Financial Year 2009

OVERVIEW (July 29, 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.




Insurance: IGI INSURANCE LIMITED - Analysis of Financial Statements Financial Year 2004 - Financial Year 2009

OVERVIEW (July 28, 2010): The insurance industry of Pakistan forms a meagre part of the GDP as compared to other nations of the world. With penetration of merely 0.5%, the industry is still in its nascent stage in consequent of lower demand. The concept of insurance in Pakistan is not acceptable on account of many reasons such as:




Insurance: EFU GENERAL INSURANCE LIMITED - Analysis of Financial Statements December 2004 - December 2009

OVERVIEW (July 27, 2010): The insurance industry of Pakistan forms a meagre part of the GDP as compared to other nations of the world. With penetration of merely 0.5%, the industry is still in its nascent stage in consequent of lower demand.




Bank BANK ALFALAH LIMITED - Analysis of Financial Statements Financial Year 2008 - Financial Year 2009

OVERVIEW (July 26, 2010): Bank Alfalah Limited was incorporated on June 21st, 1992, as a public limited company under the Companies Ordinance 1984. The bank is engaged in commercial banking and related services as defined in the Banking Companies Ordinance, 1962. The bank privatised in 1997. The Abu Dhabi Group, owner of the bank, has invested in technology to have an extensive range of products and services. They broadly include general banking, financial services, Islamic banking, consumer banking, treasury and international banking. The bank has been assigned short-term rating of A1+ and long-term rating of AA.




Gas Co: MARI GAS COMPANY LIMITED - Analysis of Financial Statements Financial Year 04-3Q'10

OVERVIEW (July 24, 2010): MGCL is a Pakistani E&P company currently operating in the second largest gas fields in the country, located at Dharki, District Sukkur. The company is the third largest in the industry, holding 12.3% of the total oil and gas reserves of the country, preceded by OGDCL and PPL. MGCL has the highest reserves life (28.8 years) in the industry.




ICI PAKISTAN LIMITED - Analysis of Financial Statements Financial Year 02-1Q'10

OVERVIEW (July 23, 2010): ICI Pakistan Limited is a 75.81% owned subsidiary of ICI Plc, UK. It was set up as a public limited company in Pakistan in 1952. ICI's presence in this part of the world, however, predates the formation of the public limited company and indeed, Pakistan itself.




Modaraba: FIRST HABIB MODARABA - Analysis of Financial Statements Financial Year 2004 - Financial Year 2009
OVERVIEW (July 22, 2010): First Habib Modaraba is a perpetual, multi-purpose Moradabad floated and managed by Habib Modaraba Management (Private) Limited. It is listed on all the stock exchanges of Pakistan. The Modaraba is engaged in the business of providing a variety of services to its customers, all within the jurisdictions and instructions of Shariah. The key services provided by the First Habib Modaraba are listed as follows:



Refinery: ATTOCK REFINERY LIMITED - Analysis of Financial Statements Financial Year 2004 - 3Q 2010

OVERVIEW (July 21, 2010): Attock Refinery Limited (ARL) is a pioneer crude oil refining company and a major supplier of refined petroleum products in Pakistan. The company is a subsidiary of the Attock Oil Company Limited, UK and its ultimate parent is Bay View International Group S.A. It began its operations in 1922 and was the first refinery in the region.




Energy: KOHINOOR ENERGY LIMITED - Analysis of Financial Statements Financial Year 2002 -3Q 2010

OVERVIEW (July 20, 2010): Kohinoor Energy Limited (KEL) was incorporated in 1994. It is listed on all the three stock exchanges of the country. KEL is one of the Independent Power Producers (IPP) operating in Pakistan. The principal activity of the company is to operate, generate and maintain a furnace oil power station with net capacity of 124 megawatts, whereas the gross capacity is around 131.44 MW.




ARIF HABIB SECURITIES LIMITED - Analysis of Financial Statements Financial Year 2004 - 3Q 2010

OVERVIEW (July 19, 2010): Arif Habib Securities Limited (AHSL), the holding company of Arif Habib Group, was incorporated on 14th November 1994 and listed on all the three stock exchanges of the country. This is an investment company and offers a broad range of financial services including advisory, underwriting and brokerage services. Its principal activity is business of investments of listed and unlisted securities.



  

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The Rupee
Interbank closing rates for dollar on Wednesday.
BuyingRs 85.59
SellingRs 85.63
Dollar marginally up
8315.55  17.85
Cement 684.94
0.66
Comm. Bank 2480.7
17.85
Power Gen. 1612.45
7.71
Tech. & Com. 636.1
3.47
Oil & Gas 2452.13
3.19
Market at Close
BRIndex-30 8,309.88
KSE-30 Index 10,417.37
KSE-100 Index 10,438.66
LSE-25 Index 3,357.35
ISE-10 Index 2,648.85
Gold Per 10gm 32,400.00
KCA Spot Rate 6,100.00
Libor Rate 0.68794
World Indices
Index Closing Chg%
DJIA 10,497.88 0.38
Nasdaq 2,264.56 1.04
S&P 1,106.12 0.69
FTSE 5,319.68 0.90
DAX 6,178.94 0.46
CAC-40 3,670.36 0.11
Nikkei 9,696.02 0.59
H.Seng 21,093.82 0.01
Sensex 17,992.00 1.93
NY Closing
Euro 1.2998
Sterling 1.5604
Swiss Franc 1.0566
Yen 87.4580
Gold 1166.40
Cotton 76.310
Oil 76.83
Economic Indicators
Annual2008/09
Foreign Debt $50.1bn
Per Cap Income $1046
GDP Growth 2.0%
Average CPI 20.77%
MonthlyJune
Trade Balance $-1.40 bln
Exports $1.82 bln
Imports $3.22 bln
WeeklyJuly 26, 2010
Reserves $16.70 bln
 











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