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Piraeus Bank posts small Q1 profit, provisions up

ATHENS : Piraeus Bank, Greece's fourth-largest lender, on Friday reported a 2.0 million euro ($2.79 million) profit in t

Published May 27, 2011 Updated May 27, 2011 07:18am

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By Syed Murtaza Gheblehzadeh

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piraues-bank ATHENS: Piraeus Bank, Greece's fourth-largest lender, on Friday reported a 2.0 million euro ($2.79 million) profit in the first quarter, hurt by higher bad debt provisions and weak loan volumes.

Results were in line with market expectations.

Copyright Reuters, 2011

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Currency	Rate
USD PKR Interbank Selling / Aug 10	277.90
USD PKR Interbank Buying / Aug 10	277.70
USD to Japanese Yen / Aug 11	159.21
USD to Swiss Franc / Aug 11	0.81
Pound Sterling to USD / Aug 11	1.35
Euro to USD / Aug 11	1.15
SOFR % / Aug 10	3.65

Stock	Volume
S&P 500 / Aug 10	7,753.11
Tokyo Nikkei / Aug 10	66,970.22
Nasdaq / Aug 10	26,605.36
Dow Jones / Aug 10	53,975.98
India Sensex / Aug 11	78,093.59
Hang Seng / Aug 11	25,795.77
FTSE 100 / Aug 11	10,848.47
Germany DAX 30 / Aug 11	26,332.36
France CAC40 / Aug 11	8,724.51

Item	Value
Karachi Cotton PKR/37.32 KG / Aug 10	18,580
Gold 10 Grams PKR / Aug 10	392,091
Petrol/Litre / Aug 11	327.62
Crude Oil USD/Barrel / Aug 11	82.27
Gold Spot USD/Ounce / Aug 11	4,368.90
Diesel/Litre / Aug 11	380.86
Cotton US¢/pound / Aug 11	83.47

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Stock	Price
Azgard Nine (Non-Voti) / Aug 11 Azgard Nine (Non-Voti)(ANLNV)	8.80 ▲ 0.82 (10.28%)
Aruj Industries / Aug 11 Aruj Industries Limited(ARUJ)	12.95 ▲ 1.18 (10.03%)
Tri-Star Power / Aug 11 Tri-Star Power Limited(TSPL)	18.34 ▲ 1.67 (10.02%)
Ashfaq Textile / Aug 11 Ashfaq Textile Mills Limited(ASHT)	40.76 ▲ 3.71 (10.01%)
Ruby Textile / Aug 11 Ruby Textile Mills Limited(RUBY)	23.19 ▲ 2.11 (10.01%)
Asim Textile / Aug 11 Asim Textile Mills Limited(ASTM)	74.79 ▲ 6.8 (10%)
Buxly Paints / Aug 11 Buxly Paints Limited(BUXL)	277.72 ▲ 25.25 (10%)
IGI Life Ins / Aug 11 IGI Life Insurance Limited(IGIL)	21.89 ▲ 1.99 (10%)
Pak Datacom / Aug 11 Pak Datacom Limited(PAKD)	134.46 ▲ 12.22 (10%)
Shadman Cotton / Aug 11 Shadman Cotton Mills Limited(SHCM)	64.33 ▲ 5.85 (10%)

Stock	Price
Fateh Ind. / Aug 11 Fateh Industries Limited(FIL)	286.19 ▼ -31.8 (-10%)
Dawood Equities / Aug 11 Dawood Equities Limited(DEL)	23.61 ▼ -2.62 (-9.99%)
Jubilee Spinning / Aug 11 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	53.21 ▼ -5.6 (-9.52%)
TPL Insurance / Aug 11 TPL Insurance Limited(TPLI)	62.60 ▼ -6.58 (-9.51%)
East West Ins. / Aug 11 East West Insurance Company Limited(EWIC)	62 ▼ -5.22 (-7.77%)
B.R.R. Guardian / Aug 11 B.R.R. Guardian Limited(BRRG)	47.47 ▼ -3.56 (-6.98%)
F.Credit & Inv / Aug 11 First Credit and Investment Bank Limited(FCIBL)	32 ▼ -2.23 (-6.51%)
Engro Powergen / Aug 11 Engro Powergen Qadirpur Limited(EPQL)	25 ▼ -1.69 (-6.33%)
Kohinoor Mills / Aug 11 Kohinoor Mills Limited(KML)	10.65 ▼ -0.67 (-5.92%)
Bawany Air Products / Aug 11 Bawany Air Products Limited(BAPL)	30.50 ▼ -1.53 (-4.78%)

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Cnergyico PK / Aug 11 Cnergyico PK Limited(CNERGY)	133,365,199 ▼ -0.23
K-Electric Ltd. / Aug 11 K-Electric Limited(KEL)	61,080,393 ▼ -0.03
Hascol Petrol / Aug 11 Hascol Petroleum Limited(HASCOL)	44,467,248 ▲ 1.06
Unity Foods Ltd / Aug 11 Unity Foods Limited(UNITY)	40,081,509 ▲ 0.07
Pak Refinery / Aug 11 Pakistan Refinery Limited(PRL)	31,629,573 ▲ 1.39
WorldCall Telecom / Aug 11 Worldcall Telecom Limited(WTL)	28,272,253 ▲ 0
Beco Steel Ltd / Aug 11 Beco Steel Limited(BECO)	24,596,496 ▲ 0.27
Siddiqsons Tin / Aug 11 Siddiqsons Tin Plate Limited(STPL)	24,242,622 ▲ 0.83
B.O.Punjab / Aug 11 The Bank of Punjab(BOP)	22,295,262 ▼ -1.16
Pervez Ahmed Consultancy / Aug 11 Pervez Ahmed Consultancy Services Ltd.(PASL)	20,930,700 ▲ 0.18