Stories from Kazim Alam
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Losing the shine: Foreign selling and ensued panic lead to KSE’s slump
Benchmark index loses 817 points in response to massive offloading by hedge fund .
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KSE-100 Index falls by over 800 points as foreign selling creates panic
KSE-100 Index declined 2.5%, or 817.28 points, to close at 31,524.98 points.
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Financial analysis: Govt securities over 86% of total investments
Large commercial banks focusing heavily on government papers; growth outpacing increase in advances in 2014
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Do bank CEOs deserve huge salaries?
I’d gladly prefer the ‘unjustified’ salaries of top bankers over a centralised system
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Cashing in: Amalgamation of HBL and Barclays Bank
Latter’s Pakistan business will cease to exist; process subject to approval.
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Inquiries under way: Cloud of regulatory action hovers over market
Reports surface of notices issued to leading brokers, fund managers.
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End of January: Weak credit off-take persists
Outstanding loans extended to textile businesses clock in at Rs606.8b.
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Savings mobilised record 137% hike, read at Rs229.9b
Largest jump witnessed in November when SBP cut interest rate.
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Private equity: Cyan expected to close two major deals
CEO says large financial institutions want to ‘co-invest’ with entity
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NPLs down on cautious lending, falling interest rates
Constitute 2.8% of net advances at the end of 2014.