Facebook sets share price in $104bn flotation
Permalink

Facebook sets share price in $104bn flotation

Facebook has priced its shares ahead of one of the most eagerly-anticipated share flotations in…

Continue Reading →

Alarm bells started ringing
Permalink

Alarm bells started ringing

Compelled to cut prices: Entering Kharif season with more than a million ton inventory and…

Continue Reading →

Euro, stocks, oil slump on Greek uncertainty
Permalink

Euro, stocks, oil slump on Greek uncertainty

NEW YORK: The euro, oil and stocks fell on Tuesday as Greece’s commitment to bailout…

Continue Reading →

Exogenous shocks and our stock market
Permalink

Exogenous shocks and our stock market

A 300-point plus bull rout while the financial capital is gripped by horror is a…

Continue Reading →

Saudi dips after king slams “violations”; Egypt falls
Permalink

Saudi dips after king slams “violations”; Egypt falls

DUBAI/CAIRO: Saudi shares retreated on Monday after a call by the king for a crackdown…

Continue Reading →

Russia Razgulay eyes share, asset sales
Permalink

Russia Razgulay eyes share, asset sales

MOSCOW: Russian grain and sugar producer Razgulay aims to lower its debt this year by…

Continue Reading →

US stocks mired in red on Europe fears
Permalink

US stocks mired in red on Europe fears

NEW YORK: US stocks closed lower but off earlier steep losses Monday as Wall Street…

Continue Reading →

Oil falls to $120 on Spanish debt, China data
Permalink

Oil falls to $120 on Spanish debt, China data

London: Oil dipped towards $120 on Monday as renewed worries about the eurozone triggered by…

Continue Reading →

CDNS all set to achieve current FY saving target: DG
Permalink

CDNS all set to achieve current FY saving target: DG

ISLAMABAD: The Central Directorate of National Savings (CDNS) is all set to achieve current fiscal…

Continue Reading →

Oil troubles
Permalink

Oil troubles

The recent oil price drama – steep rise, angry protest, marginal correction – was amusing,…

Continue Reading →

MCB: Conference call takeaways; PT revised downwards
Permalink

MCB: Conference call takeaways; PT revised downwards

Investor Conference: MCB Bank (MCB) held its investor conference yesterday, February 23, 2012, with the…

Continue Reading →

MCB: CY11 EPS forecast at PKR25.2; final DPS at PKR3.5
Permalink

MCB: CY11 EPS forecast at PKR25.2; final DPS at PKR3.5

Result Expectation: MCB Bank (MCB) is scheduled to announce its CY11E earnings on Tuesday, February…

Continue Reading →

HUBC: Earnings and payout beat expectations
Permalink

HUBC: Earnings and payout beat expectations

1HFY12 EPS at PKR2.59: Hub Power Company posted PAT of PKR2.99bn (EPS: PKR2.59), up 5%…

Continue Reading →

Refinery: GRMs improved sharply in Jan-12
Permalink

Refinery: GRMs improved sharply in Jan-12

Jan-12 GRM up 41% YoY: Gross Refining Margins (GRM) for Pakistan’s refining space increased by…

Continue Reading →

KAPCO: 1HFY12 EPS expected at PKR3.05
Permalink

KAPCO: 1HFY12 EPS expected at PKR3.05

Result expectation: Kot Addu Power Company is scheduled to announce its 1HFY12 financial results on…

Continue Reading →