Tuesday February 09, 2010 
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 Brief Recordings[1-1 of 1 stories]  

Bank: Packaging Solutions: PACKAGES LIMITED - Financial Statements Analysis 2003 Q 2008 - 2003 Q 2009

OVERVIEW (February 08, 2010): Established in 1956 as a joint venture between the Ali Group of Pakistan and Akerlund and Rausing of Sweden, Packages Limited provides premium packaging solutions for exceptional value to individuals and businesses.




INDUS MOTOR COMPANY LIMITED - Analysis of Financial Statements Financial Year 2001-1Q'10

OVERVIEW (February 06, 2010): Indus Motor Company Limited was incorporated in Pakistan as a public limited company in December 1989 and started commercial production in May 1993. Its shares are quoted on all the three stock exchanges of the country.




Gas: MARI GAS COMPANY LIMITED - Analysis of Financial Statements Financial Year 2004 - 2001 Q 2010

OVERVIEW (February 04, 2010): MGCL is a Pakistani E&P company currently operating in the second largest gas fields in the country, located at Dharki, District Sukkur. The company is the third largest in the industry, holding 12.3% of the total oil and gas reserves of the country, preceded by OGDC and PPL. MGCL has the highest reserves life (28.8 years) in the industry.




Bank: UNITED BANK LIMITED - Analysis of Financial Statements CY 2003 - 2003 Q 02 Bank 2009

OVERVIEW (February 03, 2010): UBL was established on November 7, 1959. It is engaged in commercial banking and related services in Pakistan and overseas (United States, Europe, and the Middle East). The bank has a total network of 1,118 branches in Pakistan including a branch at Karachi Export Processing Zone and 5 Islamic banking branches. The bank has 17 branches abroad (two new branches were opened in Qatar and Yemen in 2007). It is listed on all the three stock exchanges of the country.




Tobacco: LAKSON TOBACCO COMPANY LIMITED - Analysis of Financial Statements Financial Year 2003 - Q 2003 2009

OVERVIEW (February 02, 2010): The tobacco industry in Pakistan is oligopolistic in nature with two major players in the market; both belonging to the organized sector and a few minor players in the organized and many in the unorganized sector. The Lakson Tobacco Company is a part of the Lakson Group, which was founded in 1954. The company's major activity is the manufacture and sale of cigarettes in Pakistan.




Bank: MCB BANK LIMITED - Analysis of Financial Statements Financial Year 2003- 9 M 2009

OVERVIEW (February 01, 2010): MCB Bank is among the oldest banks of Pakistan. It was among those private banks, which were nationalised in 1974 after it was incorporated in 1947. Nationalisation had put a drastic impact on its performance as it affected the quality of loan portfolio and services. Eventually, it was privatised in 1991 and is currently owned by the Mansha group. Post-privatisation, MCB's focus has been on aggressive cost reduction.




MILLAT TRACTORS LIMITED - Analysis of Financial Statements Financial Year 2004-1Q'10

OVERVIEW (January 30, 2010): At present, there are two tractor companies in the country, which are involved in manufacturing of indigenized tractors. Millat Tractors Limited produces Massey Ferguson tractors under franchise from AGCO and Al-Ghazi Tractors Limited is an entity of UAE-based Group Al-Futtaim who acquired the company under the privatization process in 1992 and manufacturing Fiat New Holland tractors.




Cement: LAFARGE PAKISTAN CEMENT - Analysis of Financial Statements Financial Year 2006 - 2003 Q 2009

OVERVIEW (January 29, 2010): Lafarge Pakistan Cement is a part of Lafarge, world leader of construction materials. The state-of-the-art plant commenced commercial operations in December 2006 with an annual cement production capacity of 2.5m tons, thus becoming the largest production line in Pakistan.




Tractors: MILLAT TRACTORS LIMITED -Analysis of Financial Statements Financial Year 2004 - Financial Year 2009

OVERVIEW (January 28, 2010): At present, there are two tractor companies in the country, which are involved in manufacturing of indigenized tractors. Millat Tractors Limited produces Massey Ferguson tractors under franchise from AGCO and Al-Ghazi Tractors Limited is an entity of UAE-based Group Al-Futtaim who acquired the company under the privatization process in 1992 and manufacturing Fiat New Holland tractors.




Bank: SONERI BANK PAKISTAN LIMITED - Analysis of Financial Statements Financial Year 2006 - 2003 Q 2009

OVERVIEW (January 27, 2010): Incorporated on September 28, 1991 the first branch of Soneri Bank Limited formally opened doors for operations in Lahore on April 16, 1992 followed by Karachi branch on May 09, 1992. The bank now operates with 117 branches spread all over Pakistan including the Northern Areas of the country where no other private bank has ventured so far. Four of these branches are exclusively offering Shariah Compliant products to the customers.



  

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The Rupee
Interbank closing rates for dollar on Monday.
BuyingRs 84.94
SellingRs 84.97
Dollar moves both ways
8622.72  41.98
Sectoral Indices 
Market at Close
BRIndex-30 8,580.74
KSE-30 Index 10,209.42
KSE-100 Index 9,809.98
LSE-25 Index 3,067.66
ISE-10 Index 2,353.59
Gold Per 10gm 30,514.00
KCA Spot Rate 4,625.00
Libor Rate 0.38625
World Indices
Index Closing Chg%
DJIA 9,908.39 1.04
Nasdaq 2,126.05 0.70
S&P 1,056.74 0.89
FTSE 5,092.33 0.60
DAX 5,484.85 0.93
CAC-40 3,607.27 1.22
Nikkei 9,951.92 1.10
H.Seng 19,550.89 0.58
Sensex 15,935.61 0.13
NY Closing
Euro 0.7329
Sterling 0.6421
Swiss Franc 1.074
Yen 89.26
Gold 1066.20
Cotton 69.160
Oil 71.89
Economic Indicators
Annual2008/09
Foreign Debt $50.1bn
Per Cap Income $1046
GDP Growth 2.0%
Average CPI 20.77%
MonthlyDecember
Trade Balance $-1.33 bln
Exports $1.58 bln
Imports $2.91 bln
WeeklyFebruary 08, 2010
Reserves $14.517 bln
 









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