Applications for 500 SPL shares considered eligible

Saif Power Limited (SPL) offered 12 million shares to general public on 11th and 12th November 2014. The number of applicants for 500 shares are less than the the total number of shares offered. THK Associates (the registrar) has issued a current statement for the Karachi Stock Exchange states that the public has submitted applications for 9.888 million shares under 500 share category. Thus all applicants...

Engro Powergen Qadirpur (EPQL) Shares Balloting Result

Engro Powergen Qadirpur offered 40 million shares to the general public last month. The balloting result for successful applicants has been declared by the Share Registrar of EPQL i.e. Famco Limited. The shares were offered to all general public of Pakistan (Resident / Non Resident) at an offer price of Rs. 30.02. The response of public was over whelming and it has been over subscribed. According...

Karachi Stock Market crossed 30,000 points

The volumes was much impressive today as during the first two weeks of Ramazan, the volumes remained below 100 million shares. Today, KSE observed an unexpected volume of 152.93 million shares. The volume leaders was Fauji Cement whose price increased by 1.01 rupees with 5% upper cap. Besides FCCL, other scripts like KEL, LPCL, PIBTL performed well today. Four cement manufacturing companies in the...

Avanceon Limited (AVN) got Upper Cap on first trading day

Karachi (11th February, 2014): Trading of Avanceon started today at KSE. The opening price was Rs. 14 per share and it quickly reached its upper cap limit for one day. at Rs. 15 per share. Avanceon Limited (AVN) has been assigned under the category of Technology Hardware and Equipment. It is thought that trading in this stock will provide brokers and small investors better returns if done on along...

Avanceon shares to be delivered before 7th February 2014

Karachi: Physical Delivery of Avanceon shares will be completed before 7th of February 2014. All applicants for 550, 1000, 1500 and 2000 shares are successful. Those who opted for Physical Delivery of shares, the share certificates will be delivered to their account maintaining branch by the 7th of February 2014. Kindly visit your branch and collect the same. If you had opted for shares to be delivered...