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FMCG stocks skyrocket after Unilever delisting confirmed virtually every...
KARACHI: The consumer goods sector, it seems, can do no wrong. In anticipation of the $500 million being paid out to Unilever Pakistan’s minority shareholders being reinvested into the sector,...
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OGRA revises wellhead gas prices for OGDC fields Oil and Gas Development...
ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) revised the wellhead gas prices upwards for the fields operated by the Oil and Gas Development Company (OGDC) for the period January 1 to June 30,...
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Engro Corporation, posts spectacular turnaround in earnings profitability in...
KARACHI: Engro Corporation, arguably Pakistan’s most prominent business conglomerate, has swung back into profitability in the first quarter of 2013 (1QCY13) after posting significant losses in the...
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Riaz appointed (BoD) of Oil and Gas Development Company Limited (OGDCL)...
The Board of Directors (BoD) of Oil and Gas Development Company Limited (OGDCL) has passed a resolution to appoint M Riaz Khan as new Managing Director (MD) of the company. Khan has replaced Masood...
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Attock Cement plans investment in Basra, Iraq Attock Cement Pakistan Limited...
KARACHI: The Board of Directors of Attock Cement Pakistan Limited (ACPL) has informed the Karachi Stock Exchange that the company intends to invest around $25 million in a new cement grinding unit in...
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View from McLeod Road: How long can the Pakistani cement sector stocks...
KARACHI: Over the past 12 months, Pakistani cement sector stocks have shot up by an astonishing 84%, a rally that has significantly outpaced the impressive bull run on the broader Karachi Stock...
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National Investment Trust Limited (NITL), beats market, gives 58% return in FY13
KARACHI: National Investment Trust Limited (NITL), the only public sector asset management company in Pakistan, has announced that its flagship equity fund – NI(U)T – gave a total return of 58.4%, up...
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