PMLN Policies | PIA in profit finally ..

PIA attains profit of Rs1.67 Bn for first quarter of 2014 KARACHI: The Pakistan International Airlines (PIA) has attained operating profit of Rs1.67 billion for the first quarter of 2014 – January 1 to March 31 – as against a loss of Rs5.65 billion of corresponding period last year. The national flag carrier has attained the operating profit for the first quarter after a lapse of four years. This was declared in the board of directors meeting,...

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OGDC posts Rs91bn profit

 OGDC posts Rs91bn profit   KARACHI: The Oil and Gas Development Company Limited (OGDC) announced nine month fiscal year 2014 financial results on Monday, posting profit-after-tax at Rs90.9bn (eps of Rs21.14) against earnings of Rs75.8bn (eps of Rs17.61) in nine months of fiscal year 2013, up 20 per cent year on year. In the third quarter of fiscal year 2014 alone, earnings clocked in at Rs5.51 per share (down 10pc year on year and...

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Gallup Pakistan: PML-N govt outshines PPP in performance,

 Gallup Pakistan: PML-N govt outshines PPP in performance, says survey A majority of Pakistanis think that the Pakistan Muslim League-Nawaz (PML-N) government is running the country better, according to the Gallup Pakistan’s Annual Public Pulse Report 2014. Despite ‘red cards’ on specific issues, the Nawaz government gets a ‘green card’ in overall running of the government, as 55% people give a favourable and 40% give an unfavourable rating, resulting in a positive balance of 15% points. A year ago, only 27% had given a favourable rating...

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Bulls go wild

Bulls go wild; index crosses 29,000-level KARACHI: Stocks continued to head north on Thursday, with the KSE-100 index going up by 309.53 points to close at record 29,250.54 points. The volumes of Rs15.8 billion stood at eight-month high and the market capitalisation of the exchange crossed Rs7 trillion. All credit to foreign investors who have gone wild on Pakistan equities. Overseas investors bought $6.49 million worth stocks in a buying spree...

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Keep on: PML-N’s economic management yields results

Keep on: PML-N’s economic management yields results Results of the economic management by Finance Minister Ishaq Dar in light of the directives of Prime Minister Nawaz Sharif have manifested themselves as there is a record increase in the value of the rupee against the dollar. A record reduction of Rs5.61 in the price of petroleum products has been achieved. The foreign exchange reserves have risen above $10 billion in 10 months. Additionally, the payment of circular debts has commenced and the government has paid off Rs500 billion...

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Becaue #PMLN is governing | KSE world’s best performing market

 KSE world’s best performing market KARACHI: The Pakistan stock market gained eight per cent (dollar-based 15pc) in the quarter ended on Monday, making it the best performing market in the world. In 2014YTD, MSCI Pakistan gained 6.3pc, higher than 5.2pc gain of MSCI Frontier Markets. Among Asian frontier markets categorised by MSCI, Pakistan ranked second, ahead of Sri Lanka and Bangladesh. Analyst Vahaj Ahmed at Topline Securities commented...

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