KMI Weekly: Index went up by 263.42 points | HALALTAMWEEL.COM

KARACHI: The Halal stocks index KMI-30 gained 263.42 points or 1.09 percent during the week ended on 27 April, 2012. KMI-30 Index closed at the level of 24,382.23 points as compared to the last week's closing level of 24,118.81 points.




Foreign Investors' Portfolio Investment (FIPI) data reported by National Clearing Company of Pakistan Limited (NCCPL) revealed that net foreign inflow of $5.847 million or Rs 526.275 million was witnessed in Karachi Stock Exchange (KSE) during the week ended on 27 April, 2012 as compared to net foreign inflow of $8.149 million or Rs 733.439 million reported last week.

Pak Datacom earnings increased massively in 9MFY12 | HALALTAMWEEL.COM

KARACHI: Pak Datacom limited (PAKD) has posted profit of Rs 69 million in 9MFY12 which showed a massive increase when compared to last year where profits stood at Rs 6 million. The earning per share also swelled to Rs 8.82 during the period under review compared to Rs 0.78 in 9MFY11.

Highnoon profits swell by 16.67%YoY in 1QCY12 | HALALTAMWEEL.COM

Laboratories Limited (HINOON) has posted profit of Rs 21 million in 1QCY12 which showed an appreciation of 16.67 percent when compared to last year where profits stood at Rs 18 million. The earning per share also increased to Rs 1.14 during the period under review compared to Rs 0.98 in 1QCY11.


According to the financial results despatched to KSE here Friday, sales decreased by 13.26 percent to Rs 569 million in 1QCY12 while cost of sales declined by 21.23 percent to Rs 334 million. However, gross margin remained flat and portrayed a meager growth of 0.86 percent to Rs 235 million as compared to Rs 233 million in corresponding period of last year.

WB approves $550mln for Pakistan education and natural gas sector | HALALTAMWEEL.COM

ISLAMABAD: The World Bank's Board of Directors approved two projects worth US$550 million, aimed at supporting Pakistan's efforts to strengthen the education and natural gas sectors, which are critical to Pakistan's growth and development.

OGDCL announces dividend of 1.5/share, earnings shoot up | HALALTAMWEEL.COM

KARACHI: The net earnings of Oil & Gas Development Company Limited (OGDCL) shoot up by stellar 41 percent to Rs 69 billion during the first nine months (Jul-Mar) of the financial year 9MFY12 against Rs 49 billion recorded in the same period last year, says the notice sent by the company to Karachi Stock Exchange (KSE).

Bank Islami announces strong earnings improvement in 1Q | HALALTAMWEEL.COM

KARACHI: The Bank Islami disclosed the financial result of the first quarter ended Mar 31, 2012 with significant profitability growth, improved core banking operations and significant increase in other operating income.


Bank Islami has reported a net profit of Rs 92 million during the period of three months (Jan-Mar) as compared to net profits of Rs 49 million recorded in same period last year.

DIB Pakistan posts profit of Rs 52million | HALALTAMWEEL.COM

KARACHI: DIBPL posted NPAT of Rs 52 million [EPS=Rs 0.08] in 1QCY11, depicting a meager growth of 6.12%YoY. The main reason behind the growth is flatness in provisions against bad debts along with appreciation in net spread earned.


 During the reviewed period, the income from the core banking operations escalated by 20.28%YoY to Rs 1,299 million during 1QCY12 as compared to Rs 1,080 million recorded in 1QCY11. However, net interest expense has increased by 26.42%YoY to Rs 670 million during the same period..... Islamic Bank,Dubai Islamic earnings,DIB,Dubai Islamic bank