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Today's Posts - Jul 25, 2008


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Investment Sector: Equities
Submitted 18 days ago by Noor-us-sabbah , Senior Editor at FinGad contact me
Overview of the company    Symbol: NIB    Open Rate: 11.04   Low Rate: 10.93    Current Rate: 10.93   More...

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Chp_measuring_money_thumb
Investment Sector: IPO / Secondary Offering
Submitted 21 days ago by Noor-us-sabbah , Senior Editor at FinGad contact me
Jahangir Siddiqui or commonly known as JS Group is a diversified business group in Pakistan. Its foundation was laid about four decades ago. JS Group has now become one of the most progressive financial services groups of the country, with companies operating across various financial sectors e.g. asset management, commercial banking, Isla... More...

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Chp_measuring_money_thumb
Investment Sector: Currencies
Submitted about 1 month ago by Noor-us-sabbah , Senior Editor at FinGad contact me
The Pakistani rupee weakened almost 10 per cent against the US dollar during the past 6 months. The rupee has been under pressure mainly because Pakistan’s oil imports have considerably increased. As international crude oil prices have been continuously going up, the soaring demand for dollars to make import payments has become the main factor i... More...

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Chp_measuring_money_thumb
Investment Sector: Commodities
Submitted about 1 month ago by Noor-us-sabbah , Senior Editor at FinGad contact me
Against all predictions of stagnant demand and bearish trends, Malaysian crude palm oil futures again rose 1 percent on Monday June 17, 2008. The benchmark, Malaysian crude palm oil’s September future contract on the Bursa Malaysia derivative Exchange closed at 3727 ringgit per ton (which is equal to $1140). The benchmark contract even r... More...

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Chp_measuring_money_thumb
Investment Sector: IPO / Secondary Offering
Submitted about 1 month ago by Noor-us-sabbah , Senior Editor at FinGad contact me
Overview of the company Pakistan International Airlines Corporation generally referred to as Pakistan International Airlines or PIA is national airline of Pakistan. PIA is ranked in the top 20 Asian airlines, with flights scheduled to 73 international and 24 domestic destinations. Privatization Commission of Pakistan, on behalf of Government ... More...

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Chp_measuring_money_thumb
Investment Sector: IPO / Secondary Offering
Submitted about 1 month ago by Noor-us-sabbah , Senior Editor at FinGad contact me
Rising prices of crude oil have a strong impact on Malaysian crude palm oil futures trading. With crude oil leaping over $134 per barrel on Friday, June 6, 2008 gaining $12 per barrel in just two days, Malaysian crude palm oil futures also soared around 3 % to hit a one-week high on the same day. The crude oil continued the price-hike on the ... More...

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Chp_measuring_money_thumb
Investment Sector: IPO / Secondary Offering
Submitted about 1 month ago by Noor-us-sabbah , Senior Editor at FinGad contact me
Lucky Cement Ltd issued GDRs     Lucky Cement Company Limited is the largest producer of cement in Pakistan. The company enjoys the biggest market share in the country, i.e. 18% share of the total cement sales in the country. Lucky Cement Ltd is also the biggest cement exporter in the region, exporting 47% of cement manufa... More...

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Chp_measuring_money_thumb
Investment Sector: Equities
Submitted 2 months ago by Noor-us-sabbah , Senior Editor at FinGad contact me
Update on KSE-100 Index Karachi Stock Exchange has been under selling pressure for the past two weeks. Investors faced liquidity problems and tended to square their future contracts on equities. KSE-100 index closed at all time high level of 15,676 points on April 18, 2008. Since then, it has started shedding points and closed at 15,435 on Ap... More...

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Chp_measuring_money_thumb
Investment Sector: Emerging Markets
Submitted 2 months ago by Noor-us-sabbah , Senior Editor at FinGad contact me
Pakistani economy is going through a very tough phase on every front. Swelling trade and account deficits, devaluing currency, declining foreign investment and rising inflation make it all the more difficult for the new Government to handle the country’s economy. With current account balance touching record high of $11 billion, the country has... More...

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Chp_measuring_money_thumb
Investment Sector: Commodities
Submitted 3 months ago by Noor-us-sabbah , Senior Editor at FinGad contact me
Abrupt changes in the cement prices have been observed in upcountry market during the first four months of 2008. The prices per bag increased from Rs.180 to Rs. 255 per 50 kg cement bag in Feb-Mar. These abnormal price-increments were imposed because the cement makers expected heavy consumption of cement during summer, the peak-demand season. ... More...

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