Intelligence agencies have been informed of a potential terrorism strike on the country’s stock exchanges by the end of November, intelligence sources told Daily Times on Monday. Sources said that terrorists would try to sabotage Pakistan’s economy by attacking the stock exchanges and that the intelligence agencies had forwarded the information to the relevant quarters for ...
The Lahore Stock Exchange (LSE) has planned mock trading of Unified Trading System (UTS) by the end of current month. “The UTS would be a common platform for trading in commonly-listed securities on a real-time basis through execution of orders entered by members of Lahore and Islamabad Stock Exchanges,” said Hamid M Imtiazi, Managing Director, LSE, ...
The Oil and Gas Development Company Ltd (OGDCL) has announced a quarterly profit after tax of Rs12.328 billion and dividend per share of Rs1.75. A meeting of the Board of Directors of OGDCL was held under the chairmanship of Arshad Nasar, Chief Executive of the company, the other day at Islamabad to consider the quarterly accounts ...
The government is considering floating Global Depository Receipts (GDRs) of shares of three banks - Habib Bank, United Bank and National Bank - and a power generation company in the international market. These will be followed by an international GDR offer of 10-15 per cent shares in state-owned Oil and Gas Development Company (OGDC) on the ...
The shareholders of the Hub Power Company (Hubco) have elected 12 directors for a period of three years. This was announced in a statement of the company issued here on Wednesday. It said that the election was made at the 15th annual general body meeting held in Islamabad. The statement said that the 12 directors ...
