DOCSLIB.ORG

Daily Market Insights

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Daily Market Insights DAILY MARKET INSIGHTS 3-Jun-2020 Change Index points KSE 100 INDEX PERFORMANCE OVERVIEW PKR % Change Closing KSE 100 Index (7) 34,401 Contributing shares Closing Price - Rs. Hub Power Company Limited. 1.03 1.34 22.22 77.98 Engro Corporation Limited. (2.90) (0.99) (20.38) 288.72 Habib Bank Limited. (1.12) (1.10) (18.22) 100.69 KSE 100 INDEX VOLUMES Today 95 5 days average 138 131 14 days average Millions Source: https://formerdps.psx.com.pk/ & Calculations of Kifayah Investment Management Limited Top most buyer Top most seller PORTFOLIO INVESTMENT SUMMARY Mutual Funds Foreign Corporate Amount (Net) 341,539,945 (264,594,076) Buying / Selling sector wise composition Oil and Gas Exploration Companies 54.88% 40.94% Commercial Banks 22.85% 42.33% All other Sectors 5.75% 5.03% Fertilizer 4.51% 7.75% Source: https://www.nccpl.com.pk/en/market-information/fipi-lipi/fipi-normal-daily FOREIGN PORTFOLIO INVESTMENT TREND Today (241) (502) 5 days average (404) 14 days average Millions Source: https://www.nccpl.com.pk/en/market-information/fipi-lipi/fipi-normal-daily & Calculations of Kifayah Investment Management Limited MATERIAL INFORMATION Disclosure of interest by an Executive Director, sold 100,000 shares at a price of Rs. 45 Interloop Limited each on 1 June 2020. Disclosure of interest by an Senior Executive/Vice President/Company Secretary, bought Meezan Bank Limited 25,000 shares at a price of Rs. 65.34 each on 2 June 2020. Disclosure of interest by Spouse of Non-Executive Director, bought 45,000 shares at a IGI Holdings Limited price of Rs. 220 each on June 2020. In reference to the disclosure made on April 1, 2020 regarding "suspension of operations due to COVID-19", according to relaxation/approval given by Sindh Government, the management of the Company has decided to resume its operations including the Head Ghandhara Nissan Limited Office, factory and other regional offices throughout Pakistan with adequate measures and SOPs aimed at preventing the pandemic's spread. Panasonic Marketing Middle East & Africa (PMMAF) has announced its new collaboration in Pakistan with Pak Elektron Limited (PEL) after a joint market assessment. While specifics are being worked by their respective teams, both companies Pak Elektron Limited in principle have agreed to jointly offer a diverse range of premium and locally-fit products to better meet the unique needs of the Pakistani market. The said collaboration will start by distribution of Panasonic's latest line up of air conditioner models and is aimed to gradually expand into other categories. Disclosure of Interest by a Substantial Shareholder- Attock Oil Company Ltd; purchased Pakistan Oilfields Limited 8,480 shares of company at an average of Rs. 321.40 each. Disclosure of Interest by Executive and Spouse of Executive; purchased 25,000 shares at Packages Limited an average of Rs. 313.60 each on 2 June 2020. Source: https://dps.psx.com.pk/announcements/companies CONSOLIDATED (where applicable) RESULTS and EPS (Qtr.) EPS DPS Growth over same Quarter ANNOUNCEMENTS Rs. Rs. Rs. EPS Gross Revenue UPCOMING BOOK CLOSURES DPS % Ex-Dividend Date EXCHANGE RATE Change Closing PKR / USD -0.35% 164.33 Source:http://www.sbp.org.pk/ecodata/rates/m2m/2020/Jun/03-Jun-20.pdf KIFAYAH INVESTMENT MANAGEMENT LIMITED Office No. 402, 4th Floor, Plot No. 6-C, [email protected] 021-38922660 Khayaban-e-Rizwan, Phase VII, DHA Karachi www.kifayah.com.
Load more

Recommended publications
  • (Freeze)/To Be Active/To Be Closed Sector Wise 100 0 21/02/2020
    Central Depository Company of Pakistan Limited List of Securities Report Type : Posted Page# : 1 of 344 Selection : ALL User : XKYSAS1 Security CDS Status : Active/Closed/Revoked/Suspended/Suspended (Freeze)/To be Active/To be Closed Date : 21/02/2020 Sort By : Sector Wise Time : 11:31:17 % Range from : 0 to 100 As On Date : 21/02/2020 SBP Restrictions : ALL Default in PSX : ALL Security Id Security Name Symbol Live Date Sec.Code Issuer Id Issuer Name Face Val R/TA Id Registered In CDS Status Financial Year End Mkt.Code Role Code Paidup Capital/Total Val Book entry % Curr. Code R/TA name Holding Report % ---------------- ------------------- ------------- ------------- ------------------------ ----------------- --------------- ------------------ ----------------- S001 Automobile & Parts PK0054003030 GHANI AUTOMOBILE GAILR 17/06/2014 3 00540 GHANI 10.00 00234 PUNJAB INDUSTRIES LIMITED AUTOMOBILE - LoR INDUSTRIES LIMITED Closed 30/06 M001 30,000,000.00 0 PKR CORPLINK (PVT) LIMITED PK0041101012 GHANDHARA GNDL 28/10/1998 1 00411 GHANDHARA 10.00 00001 NISSAN DIESEL NISSAN DIESEL LIMITED LIMITED Closed 30/06 M001 15,535,780.00 0 PKR THK ASSOCIATES (PVT.) LTD. PK0009001014 SUZUKI SMOP 14/11/1998 1 00090 SUZUKI 10.00 00058 SINDH MOTORCYCLES MOTORCYCLES PAKISTAN LTD. PAKISTAN LTD. Closed 31/12 M001 43,898,958.00 0 PKR FAMCO ASSOCIATES (PRIVATE) LIMITED S002 Electronic & Electrical Goods PK0061201015 PEL APPLIANCES PAL 24/02/1999 1 00612 PEL APPLIANCES 10.00 00146 LIMITED LIMITED Closed 30/06 M001 5,850,000.00 0 PKR PEL APPLIANCES LIMITED Central
    [Show full text]
  • Dawood Islamic Fund March 2013.FH10
    DAWOOD ISLAMIC FUND DAWOOD ISLAMIC FUND FINANCIAL STATEMENTS FOR THE NINE MONTHS ENDED MARCH 31, 2013 (Un-Audited) DAWOOD ISLAMIC FUND CONTENTS Corporate Information 2 Directors' Report 3 Statement of Assets & Liabilities 4 Income Statement 5 Statement of Comprehensive Income 6 Distribution Statement 7 Cash Flow Statement 8 Statement of Movements in Unit Holders' Fund 9 Notes to the Financial Statements 10 1 DAWOOD ISLAMIC FUND CORPORATE INFORMATION Management Company Dawood Capital Management Limited 5B Lakson Square Building #1 Sarwar Shaheed Road Karachi - 74200 Tel: (92-21) 3562-1002-7 Fax: (92-21) 3562-1010 E-mail: [email protected] Website: www.edawood.com Board of Directors Ms. Shafqat Sultana Chairperson Miss Tara Uzra Dawood Chief Executive Officer Ms. Charmaine Hidayatullah Director Mr. Mohammad Izqar khan Director Mr. Ansar Hussain Director Mr. Tahir Mehmood Director Syed Farhan Abbas Director Chief Financial Officer & Company Secretary Mr. Waris Jamil Audit Committee Mr. Ansar Hussain Chairman Mr. Tahir Mehmood Member Syed Farhan Abbas Member Trustee Central Depository Company of Pakistan Limited CDC House, 99-B, Block-B, S.M.C.H.S. Main Shahra-e-Faisal, Karachi-74400 Ph: (92-21) 111-111-500 Fax: (92-21) 34326020-23 Auditors Ernst & Young Ford Rhodes Sidat Hyder Chartered Accountants Tax advisor Mazher Associates A-1/E-3, Faiza Avenue, Karachi Legal Advisor Bawaney & Partners 404, 4th Floor, Beaumont Plaza 6-cl-10 Beamount Road, Karachi 75530 Telephone: (92-21) 3565-7658/9, 3565-7674 Fax: (92-21) 35657673 Email: [email protected] Registrars F.D. Registrar Services (SMC-Pvt.) Ltd. Office# 1705, 17th Floor Saima Trade Tower.
    [Show full text]
  • Maple Leaf Cement Factory Limited Annual Report 2001
    Maple Leaf Cement Factory Limited Annual Report 2001 Contents Company Information Notice of Meeting Directors' Report Five Years Summary Auditors' Report Balance Sheet Profit and Loss Account Cash Flow Statement Statement of Equity Notes To The Accounts Pattern of Shareholding COMPANY INFORMATION Board of Directors Auditors Mr. Tariq Sayeed Saigol Ford, Rhodes, Robson, Morrow Chairman/Chief Executive Chartered Accountants Mr. Aamir Fayyaz Sheikh Legal Advisors Mr. Sayeed Tariq Saigol 1. Cornelius Lane and Mufti Mr. Waleed Tariq Saigol Advocates & Solicitors, Mr. Zamiruddin Azar Lahore. Rana Muhammad Hanif 2. Mr. Nomaan Akram Raja Mr. Muhammad Riyaz Husain Bokhari Barrister-At-Law (Representing FLS & IFU, Denmark) Raja Mohammad Akram & Co. Mr. Mahmood Ahmed Advocates and Legal Consultants, (Representing Crescent Investment Bank Ltd.) Lahore. Company Secretary Registered Office Mr. Mohammad Sharif 42-Lawrence Road, Lahore. Phone: (042) 6278904-5 Bankers of the Company Fax: (042) 6363184 Muslim Commercial Bank Limited E-mail: [email protected] The Bank of Punjab Allied Bank of Pakistan Limited Factory Soneri Bank Limited Iskanderabad Distt. Mianwali. Habib Bank Limited Phones: (0459) 392237-8 PICIC Commercial Bank Limited United Bank Limited National Bank of Pakistan NOTICE OF THE ANNUAL GENERAL MEETING Notice is hereby given that the 41st Annual General Meeting of the members of Maple Leaf Cement Factory Limited will be held at its Registered Office, 42-Lawrence Road, Lahore on Wednesday, 26th December, 2001 at 10:30 A.M. to transact the following business: 1) To confirm the minutes of last General Meeting. 2) To receive and adopt Audited Accounts of the Company for the year ended June 30, 2001 together with Auditors' and Directors' Reports thereon.
    [Show full text]
  • September 14, 2017
    Valuation of Debt Securities by MUFAP as per SECP Circular 33 of 2012 dated Oct 24, 2012 Rates of Debt Securities as of September 14, 2017 VALUATION OF RATED INVESTMENT GRADE DEBT SECURITIES Traded / Non- S.No. Code Name of TFCs / Sukuks Prices Traded GOVERNMENT GUARANTEED / AAA 1 HBL/TFC/190216 HABIB BANK LTD-TFC (19-02-16) Traded 99.2000 2 SCB/TFC/290612 SCB (PAK) LTD-TFC (29-06-12) Traded 100.0000 3 WAPDA/SUK/141013 WAPDA-SUKUK (14-10-13) **** Non-Traded 104.4219 4 WAPDA/TFC/270913 WAPDA-TFC (27-09-13) **** Non-Traded 101.6085 RATED AA+ 5 ECL/SUK/110714-(5-Years) ENGRO CORPORATION LTD. - SUKUK (11-07-14) (5-YEARS) Non-Traded 115.0716 6 JSCL/TFC/080414 JAHANGIR SIDDIQUI & COMPANY LTD-TFC (08-04-2014) **** Non-Traded 100.3816 7 JSCL/TFC/240616 JAHANGIR SIDDIQUI & COMPANY LTD-TFC (24-06-2016) Non-Traded 102.3516 8 JSCL/TFC/180717 JAHANGIR SIDDIQUI & COMPANY LTD-TFC (18-07-2017) Non-Traded 102.1101 9 KEL/SUK/170615 K-ELECTRIC LTD - SUKUK (17-06-15) **** Non-Traded 104.2731 RATED AA 10 BAHL/TFC/170316 BANK AL-HABIB LTD-TFC (17-03-16) Traded 100.8500 11 KEL/SUK/190314-(5years) K-ELECTRIC SUKUK (19-03-14) (5-YEARS) Non-Traded 103.0694 RATED AA- 12 AKBL/TFC/231211 ASKARI BANK LTD-TFC (23-12-11) **** Non-Traded 103.2889 13 AKBL/TFC/300914 ASKARI BANK LTD-TFC (30-09-14) Traded 101.3000 14 BAFL/TFC/021209-FX BANK ALFALAH LTD-TFC (02-12-09) - Fixed - Amortization Non-Traded 101.0095 15 BAFL/TFC/021209-FT BANK ALFALAH LTD-TFC (02-12-09) - Floating - Amortization Non-Traded 100.2323 16 BAFL/TFC/200213 BANK ALFALAH LTD-TFC (20-02-13) Traded 101.9272 17 ENGRO/SUK/090714 ENGRO FERTILIZER LTD-SUKUK (09-07-14) **** Non-Traded 103.1420 18 FFCL/SUK/281116 FATIMA FERTILIZER COMPANY LTD.
    [Show full text]
  • LUMS Recruiting for Client
    MBA Recruiter’s Guide 2014 Contents WHY AT SDSB? Top RankedRECRUIT Business School in Pakistan A Range of Recruiting Methods to Suit your Needs A Commitment to Excellence THE PEOPLE Our Students Our Faculty Our Alumni Our Recruiting Partners HOW TO RECRUIT AT SDSB? Introduction MPO Recruitment Support MBA Placement Office Website Corporate Presentations All Day Recruitment Interviews/Tests/Group Discussions Video Conferencing/Virtual Meetings MPO Guest Speaker Sessions/Panel Discussions MBA Networking Days MBA Externships International Hiring MBA RECRUITMENT SUMMARY 2009-2013 Job Placement by Sectors Job Placement by Functions Average Salary by Sectors Average Salary by Functions Average Salary by Academic Background Average Salary by Prior Experience Recruiters with Highest Offers Recruiters with Highest Acceptances MBA PLACEMENT OFFICE (MPO) – AN INTRODuCTION MBA Recruiter’s Guide 2014 Dear Recruiter, 02 It is my pleasure to share with you the Please call upon our talented team of 2014-2015 MBA Recruiters’ Guide. We recruitment executives, each of whom hope that you will find this information has a portfolio of industry responsibilities useful as you explore the various and work closely with both recruiters and opportunities to engage our students, and students pursuing opportunities within that you will use this as a starting point their industries. The team can assist you and frequent guide for recruiting LUMS in planning on-campus recruiting, MBA talent. interviews, and other related activities. I am pleased to introduce the recruitment
    [Show full text]
  • AUDIT COMMITTEE BANKERS Mr
    CONTENTS CORPORATE INFORMATION 02 ABOUT PEL 03 NOTICE OF ANNUAL GENERAL MEETING 04 VISION / MISSION 08 GOVERNANCE 09 RISKS AND OPPORTUNITIES 21 DIRECTOR’S REPORT 27 SHAREHOLDERS INFORMATION 49 CONSOLIDATED FINANCIAL STATEMENTS 52 SEPARATE FINANCIAL STATEMENTS 120 02 CORPORATE INFORMATION BOARD OF DIRECTORS Mr. M. Naseem Saigol Chairman - Non Executive Mr. Muhammad Murad Saigol Chief Executive Officer - Executive/Certified (DTP) Mr. Muhammad Zeid Yousuf Saigol Director - Executive/Certified (DTP) Syed Manzar Hassan Director - Executive/Certified (DTP) Syed Haroon Rashid Director - Non Executive/Independent/Certified (DTP) Mr. Muhammad Kamran Saleem Director - Non Executive/Independent/Certified (DTP) Mr. Asad Ullah Khawaja Director - NIT Nominee/Independent Mr. Usman Shahid Director - NBP Nominee U/S 164 of the Act / Non Executive Ms. Azra Shoaib Director - NBP Nominee U/S 164 of the Act / Non Executive AUDIT COMMITTEE BANKERS Mr. Asad Ullah Khawaja Chairman/Member Albaraka Bank (Pakistan) Limited Syed Haroon Rashid Member Askari Bank Limited Mr. Usman Shahid Member Bank Alfalah Limited Syed Manzar Hassan Member The Bank of Khyber The Bank of Punjab HR & REMUNERATION COMMITTEE Sindh Bank Limited Mr. Asad Ullah Khawaja Chairman/Member Faysal Bank Limited Syed Haroon Rashid Member Bank Islami (Pakistan) Limited Mr. Usman Shahid Member MCB Bank Limited Syed Manzar Hassan Member National Bank of Pakistan Pak Brunei Investment Company Limited Pak Libya Holding Company (Private) Limited COMPANY SECRETARY Pak Oman Investment Company Limited Muhammad
    [Show full text]
  • 4. Appendices
    International Investment Position of Pakistan 2018 4. Appendices 33 State Bank of Pakistan Notification STATE BANK OF PAKISTAN (CENTRAL DIRECTORATE) KARACHI the 1st June, 1971 No.DS.FI./6-71 – Whereas the International Monetary Fund requires the Central Government to furnish certain information and it is essential for the purpose of complying with the request of the International Monetary Fund to require the persons herein mentioned to furnish the information hereby required, the State Bank of Pakistan, in exercise of the powers conferred by sub-section (1) of Section 4 of International Monetary Fund and Bank Act. 1950 (XL-III of 1950), read with the Government of Pakistan, Ministry of Finance Notification No.3(3)IMF/56 dated 4th October, 1956 (vide Gazette of Pakistan dated October 12, 1956), is pleased to direct all persons listed below to furnish all such information as on 31st December of the year under survey specified in the relevant schedules as applicable to the persons mentioned below. The return in the appropriate schedules, duly completed in accordance with the explanation set out below and the instructions appended to the Schedules, shall be made to the Director Statistics, State Bank of Pakistan, Karachi. Serial Number Description Schedule Col.1 Col.2 Col.3 1. Every firm or company registered or incorporated outside Pakistan but operating in Pakistan I 2. Every company (Public or Private Ltd.) incorporated in Pakistan (Under the companies Act VII of 1913) in which any non-resident have any interest of any nature whatsoever, direct or indirect, in respect of its shares, debentures or other obligations, etc.
    [Show full text]
  • A New Beginning for Pakistan This Is an Independent Publication by Upper Reach 02
    A stuNNiNG eCONOmiC re - see this report at worldfolio.co.uk sPeCiAL suPPLemeNt bY COVerY DistributeD with the times PAKI STAN A New BegiNwNeDNesiDAYN, APriL g30 2014 the 2013 landmark democratic and peaceful transition of power restores investor confidence and could position Pakistan as the ‘next big thing’ in Asia David Cameron welcomed Pakistani Prime Minister Mohammad Nawaz Sharif to London last October he parliamentary elections of may 2013 that is known, emphasises that “Pakistan is a strong government’s intention is to “closely coordinate boost exports significantly. Another priority is to resulted in an absolute majority for the PmL and resilient nation of 180 million people...en - with the opposition parties to tackle the enor - channel into productive investments at least 50 (N), the Pakistan muslim League (Nawaz), dowed with a wealth of human and material mous problems facing our country.” per cent of diaspora remittances from Pakistani tbrought mohammad Nawaz sharif to the pre - resources.” he also highlights his country’s geo - the government’s full awareness that eco - communities overseas, amounting currently to miership for a record third time. they also marked graphic location “at the cross-roads of west, south nomic and social development is critical to achiev - $15 billion annually. the very first time in Pakistan’s 66-year history that and Central Asia, placing Pakistan at the hub of ing lasting improvement in the security situation A third area of priority action is in solving the power had been transferred peacefully from one major energy and transportation corridors.” is evident from the statement by President mam - national energy crisis, which is a huge drag on the democratically elected government to another.
    [Show full text]
  • Pak Elektron Limited June 2020 27-08-2020 Final.Cdr
    Interim Financial Report for the half year ended June 30, 2020 Maintaining Commitment to Top Quality Products .. Contents 02 Corporate Information 03 Directors’ Review CONDENSED INTERIM FINANCIAL INFORMATION 11 Independent Auditor's Review Report 12 Condensed Interim Statement of Financial Position 14 Condensed Interim Statement of Profit or Loss 15 Condensed Interim Statement of Comprehensive Income 16 Condensed Interim Statements of Cash Flows 17 Condensed Interim Statement of Changes in Equity 18 Notes to the Condensed Interim Financial Information Contents 02 Corporate Information 03 Directors’ Review CONDENSED INTERIM FINANCIAL INFORMATION 11 Independent Auditor's Review Report 12 Condensed Interim Statement of Financial Position 14 Condensed Interim Statement of Profit or Loss 15 Condensed Interim Statement of Comprehensive Income 16 Condensed Interim Statements of Cash Flows 17 Condensed Interim Statement of Changes in Equity 18 Notes to the Condensed Interim Financial Information 02 Pak Elektron Limited Interim Financial Report | June 30, 2020 03 Corporate Information Directors’ Review BOARD OF DIRECTORS Your directors are pleased to present the reviewed condensed interim financial information of the Company for Mr. M. Naseem Saigol Chairman - Non Executive the half-year ended June 30, 2020. Mr. Muhammad Murad Saigol Chief Executive Officer - Executive/Certified (DTP) Mr. Muhammad Zeid Yousuf Saigol Director - Executive/Certified (DTP) Macroeconomic Overview Syed Manzar Hassan Director - Executive/Certified (DTP) Syed Haroon Rashid Director - Independent/Certified (DTP) The emergence of COVID-19 has caused unprecedented disruptions to economic activity around the world Mr. Muhammad Kamran Saleem Director - Independent/Certified (DTP) including Pakistan. The country's economy demonstrated its worst performance in 68 years, posting a negative Mr.
    [Show full text]
  • Topline Market Weekly Review
    Pakistan Weekly September 7, 2018 REP‐057 Topline Market Review KSE‐100 Index: ‐2% WoW (‐887 points) Topline Research Best Local Brokerage House [email protected] Brokers Poll 2011-14, 2016-17 Tel: +9221‐35303330, Ext: 133 Topline Securities, Pakistan www.jamapunji.pk Best Local Brokerage House 2015-16 Equities retracting to pre‐election index levels; Market closes at 40,855 Market Weekly Data KSE Volume & Value KSE‐100 Index 40,854.77 (Shares mn) Volume Value (US$mn) 160 50 1‐Week Change (%) ‐2.1% 134 Market Cap (Rs tn) 8.5 45 108 40 1‐Week Change (%) ‐2.2% 82 Market Cap (US$ bn) 68.3 56 35 1‐Week Change (%) ‐2.2% 30 30 18 18 18 18 1‐Week Avg. Daily Vol (shares mn) 138.7 18 ‐ ‐ ‐ ‐ ‐ pp pp pp pp 1‐Week Avg. Daily Value (Rs bn) 4.9 pp Se Se Se Se Se ‐ ‐ ‐ ‐ ‐ 4 5 6 7 1‐Week Avg. Daily Value (US$ mn) 39.3 3 Source: PSX Source: PSX Stock market remained under pressure during the out‐going week as lack of clarity on economic issue due to delays in key economic decisions turned market sentiment negative. During the week, market shed 883 points to fall below the 41K level, erasing most of the gains made in the period post general elections 2018. To recall, this is the first time market has closed below 41K since elections. DiDuring theweek, PiPrime Min is ter Imran Khan approved increase inaveragegasprices byaverage46% (di(pending ECC’s decision) which is likely to hurt select sectors including Fertilizer and Cement.
    [Show full text]
  • Security and Economic Gains Awaken Investor Interest
    #PakistanTheWorldfolio Our World #TheWorldfolio Thursday, October 22, 2015 artnership w n p ith partnership w I In ith E mbassy of Pakistan in the United States PAKISTAN Board of Investment This supplement to USA TODAY was produced by United World Ltd., Suite 179, 34 Buckingham Palace Road, London SW1W 0RH – Tel: +44 (0)20 7305 5678 – [email protected] – www.unitedworld-usa.com Security and economic gains Internationalawaken rating agencies praiseinvestor Pakistan over progress interest made on the security front, while the country experiences increased political stability and is poised to be the world’s next economic turnaround story. In spite of these advances, Pakistan is still believed to be a country in turmoil, which is far from the realities on the ground pon an invita- “The global threat of tion from Pres- terrorism cannot be ident Barack defeated unless we Obama, Prime address its underlying Minister of Pa- causes. Poverty and kistan Nawaz Sharif is ignorance are part of in Washington today for the problem. Extremist U ideologies must a meeting at the White House, and he is set to be opposed” bring good news. First and foremost, Mr. Sharif will NawaZ SHARIF, tell of an encouraging re- Prime Minister of Pakistan cord on security that will be received here with a sense of relief. Indeed, his nation As credit rating agen- of 180 million is situated in cies are upping Pakistan’s one of the most volatile re- ratings – in June, Moody’s gions on the planet, tucked upgraded its sovereign next to Iran and Afghani- credit ratings for the first stan – with which it shares time since 2008 and in a long border – in the west, September, Fitch assigned China to the north and In- it a B credit rating with a dia to the east.
    [Show full text]
  • Final Repo.Qxd
    WWF - Pakistan Annual Report 2006 WWF - Pakistan is certified by the Pakistan Centre for Philanthropy in the areas of Internal . Governance, Financial Management and Programme Delivery. Tax exemption u/s 2 (36), u/s 153, u/s 159 (1), u/c 58 (3) under SRO # 228 (1) /2004 Board of Governors President Emeritus Editorial Board Syed Babar Ali Dr Ejaz Ahmad President Dr Ghulam Akbar Iqbal Ahmad Qarshi Vice President Emeritus Richard Garstang Brig. Mukhtar Ahmad Ali Hassan Habib Board Members Dr. Kausar Abdulla Malik Ali Hassan Habib Director General Qazi Azmat Isa Ali Hassan Habib Editor Mrs Nasreen M Kasuri Samman Ehsan Mr Muhammad Farrukh Irfan Khan Chairman Scientific Committee Mr Himayat Ullah Khan Dr Kausar Abdulla Malik Designer Dr Kauser Abdulla Malik Amir Mehmood Dr Feriha N Peracha Mr Ahsan M Saleem Title Photograph Mr Ahmer Bilal Soofi Mallard, Lang Lake Sindh, WWF - Dr Bashir Ahmad Wani Pakistan / Ghulam Rasool Mughal Published by the Communications Division WWF - Pakistan, P O Box 5180, Lahore 54600 Tel: 111 WWFPAK (993725) Fax: +92 42 5862358 2 President's Message Director General's Message Playing an active role Working with a commitment WWF - Pakistan continues to be one of the fastest The main achievement of the year was the launch growing organisations in the global WWF Network in of the programme for the Indus Ecoregion which is terms of the annual expenditure on conservation. The explained in detail in this document. concern remains, however, that about 85% of the finances come from large international donor agen- An exciting development this year was the cies.
    [Show full text]