Halal Tamweel provides extensive news and information coverage and Islamic Wealth Management consultancy to prospective and existing investors looking to manage wealth in a Shariah Compliant manner in Pakistan.
1/30/2012 2:04:03 PM
KARACHI: Pakistan cottonprices remain firm due to low demand as Trading Corporation of Pakistan (TCP) did not intervene yet but it is very much expected in coming during trading session on Friday.
The Karachi Cotton Association (KCA) official spot rates were intact at the level of Rs 5,800 per maund. The rates of seed cotton in Sindh were Rs 1,900 and Rs 2,400, while in Punjab, cotton rates were Rs 2,200 and Rs 2,750 dealers said.
1/30/2012 1:10:51 PM
KARACHI: According to National Clearing Company of Pakistan (NCCPL) data, Pakistan’s Mutual Fund industry was the net sellers of $0.470 million or Rs 42.338 million worth of shares during the week ended on January 27, 2012.
Mutual funds were the net buyers of $2.785 million or Rs 250.732 million worth of shares during the week ended on January 20, 2012.
1/30/2012 2:55:16 PM
KARACHI: The Board of Directors’ of Lucky Cement Limited (LUCK) has just announced 1HFY12 financial performance of the company on Monday.
In line with the expectations, the company has reported more than double profit in 1HFY12 as its earnings increased by a massive 107 percent YoY to Profit After Tax (PAT) of Rs 3.02 billion translating it into an EPS of Rs 9.33 as against the PAT of Rs 1.46 billion in the corresponding period last year.
1/30/2012 12:14:15 PM
Socialism in its quest to tame capitalists brought one big capitalist in the form of government accredited with the responsibility to operate, manage and administer the overall economy without giving society and individuals any recourse to challenge the government.
1/30/2012 12:14:15 PM
Socialism in its quest to tame capitalists brought one big capitalist in the form of government accredited with the responsibility to operate, manage and administer the overall economy without giving society and individuals any recourse to challenge the government.
