Auxin Alerts: (02-SEPT-2013) 1. Pertol price jumps by Rs 4.64/litre & diesel by Rs 2.50/litre. 2. KSE agrees to trade in Govt Securities without listing them on the bourse. 3. US President Barack Obama announced that he would take military action against Syria but would do so only with congressional authorization. 4. Pak Suzuki (PSMC) to introduce new variants if trade with India normalizes. 5. PIA seeks Rs 3.3bn for acquiring 10 aircrafts, ECC to decide on flag carrier’s request in upcoming meeting. 6. OMV has announced that it has discovered gas and condensate in Sofiya-2 exploration well in the Mehar exploration licence. During testing, 18 mmcfd and 1,550 barrels of condensate (gross 4,500 bpd) flowed from the Ranikot formation. 7. According to the National Clearing Co. of Pak net foreign flow for Aug 30 was recorded at US$ + 1.3 mn. 8. Oil price fall as concerns over Syria ease with the British Parliament voting against intervention. Regards, Auxin Investments.
Posted on: Mon, 02 Sep 2013 05:08:31 +0000
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