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PPL’s profit after tax increases to Rs40.923bn  RECORDER REPORT KARACHI: The profit after tax of Pakistan Petroleum Limited (PPL) has increased to Rs. 40.923 billion in the year ended June 30, 2012 (FY12) as compared to Rs. 31.445 billion earned in FY11. The company’s earning per share increased to Rs. 31.13 in the period under review against Rs. 23.92 in the same period last year. The board of directors of the company in its meeting held here on August 11, 2012 recommended a final cash dividend for the year ended June 30, 2012 at Rs. 6.50 per share i.e. 65 percent on ordinary shares. This is in addition to an interim dividend at Rs. 5.00 per share i.e. 50 percent on ordinary and Rs. 3.00 per share i.e. 30 percent on convertible preference shares already paid to the shareholders in March 2012. The board also recommended bonus shares in proportion of 1 ordinary share for every 4 ordinary shares held i.e. ...

KSE holiday notice  RECORDER REPORT KARACHI: The Karachi Stock Exchange (KSE) will remain closed on Tuesday (today), August 14, 2012 on account of Independence Day. This was announced by the KSE in its notice issued here on Monday. ...
Gold improves to Rs 49,071,  KARACHI: Gold improved by Rs 129 to close at Rs 49,071 per 10 grams in the local market Monday as its international price rose to $ 1,625 an ounce, market sources said. According to Karachi Saraf Association official, tola (11.664 grams) price also increased by Rs 150 to Rs 57,250. Silver closed higher at Rs 814.28 per 10 grams. Copyright APP (Associated Press of Pakistan), 2012 ...
Bulls sway Lahore Stock Exchange  LAHORE: The bulls on Monday swayed Lahore Stock Exchange by once again overpowering the bears, as the exchange gained huge 153.65 points with the LSE-25 Index opened at 3614.12 and closed at 3767.77 points. The market's overall situation also corresponded to an upward trend as it remained at 4.865 million shares to close against previous turnover of only 961,800 shares, showing a quantum jump of 3.903 million shares. While, out of the total 91 ative 73 ...
Rates of commodities in Lahore market LAHORE: Agriculture Marketing Information Service Punjab (AMISP) issued rates of agriculture products in local market on Monday. The following are 100 kg rates of different agriculture products in Lahore market: Maize minimum Rs 1800 and maximum 2200, Rice Super Karnal Basmati (New) minimum Rs 9500 and maximum Rs 10000, Rice Basmati (old) minimum Rs 11000 and maximum Rs 12000, white sugar minimum Rs 5210 and maximum Rs 5210, white gram (local) minimum Rs 10200 and maximum Rs ...


Index Closing Chg%
Arrow DJIA 17,745.98 0.03
Arrow Nasdaq 5,128.79 0.33
Arrow S&P 2,108.63 0.01
Arrow FTSE 6,668.87 0.57
Arrow DAX 11,257.15 0.40
Arrow CAC-40 5,046.42 0.58
Arrow Nikkei 20,522.83 1.08
Arrow H.Seng 24,497.98 0.49
Arrow Sensex 27,705.35 0.51

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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyJuly 23, 2015
Reserves $18.677 bln