Stocks & Bonds

Investors adopt cautious approach on KSE

KARACHI (May 25, 2009): The investors at Karachi stock market adopted cautious approach during the week ended on May 23, 2009 due to news regarding possible imposition of additional taxes at the share business in the next budget and the prevailing law and order situation in the northern parts of the country.

LSE index registers marginal gains

LAHORE (May 25, 2009): Mixed sentiment persisted on Lahore Stock Exchange during the week ended on May 23, 2009 and the equities registered marginal gains amid range-bound activity due to investors' cautious behaviour who were reluctant to take long positions and indulged in intra-day trading. The LSE-25 index recorded insignificant gain of 6.51 points and finished at 2125.76 against 2119.25 of previous week.

Alico AIG Life American Life Insurance Company (Pakistan) Limited

ISLAMABAD (May 25, 2009): Alico AIG Life has issued Weekly Unit Prices.

HBFCL capital structure KARACHI (May 25, 2009): House Building Finance Corporation Limited (HBFCL) is incorporated under the Companies Ordinance -1984, with an authorised capital of Rs 6 billion divided into 600 million ordinary shares of Rs 10 each. The paid-up capital is Rs 3.001 billion divided into 300.1 million ordinary shares of Rs 10 each.

21.9 percent decline in CFS investment KARACHI (May 25, 2009): The investment under CFS at the Karachi share market declined by 21.9 percent to Rs 167 million. The CFS rates depicted a divergent trend, increasing by 10pps, to reach 50 percent, though lack of depth did not allow deriving a meaningful conclusion from this increase, analysts said.

Revised Rates of Debt Securities KARACHI (May 24, 2009): The following were the revised rates of debt securities on Saturday (May 23, 2009).

KSE index surges 176.42 points KARACHI (May 23, 2009): The clarification by the Advisor to Prime Minister on Finance, denying imposition of additional taxes on share business, invited healthy buying on Friday said and the KSE-100 index surged by 176.42 points to close at 7,146.24 points level.

Bullish sentiments dominate on LSE

LAHORE (May 23, 2009): Bullish sentiments dominated on the Lahore Stock Exchange (LSE) on Friday and the equities registered gains across the board amid increased trading turnover following fresh buying on account of some encouraging news on the economic front.