Karachi stock market witnessed bullish trend on Tuesday as the benchmark 100 index closed above 9500 points level.Business activities started in positive zone as technical correction was witnessed in the market. Dealers said the banking sector was in the limelight after the central bank said in a statement that banks and other financial institutions can mark 40 percent of the loans and advances they give out as assets, compared with the previous 30 percent. The Karachi Stock Exchange's benchmark 100-share index ended up 1.68 percent, or 157.77 points, at 9,569.06 on turnover of 220 million shares. Jahangir Siddiqui and Co. remained volume leader with share price of Rs 39.06, up Rs 1.06.
THK Associates (Pvt) Limited was formed in 1989. The company is engaged in providing specialized services relating to the corporate sector and in particular acts as share transfer agent for a number of companies. THK Associates (Pvt) Limited is one of the leading service provider of Share Registrar, Transfer Agent, Balloters for IPO’s and Share Accounting Services and is managed and run by a set of professionals having indepth knowledge and expertise of organizing and managing diversified corporate activities including depository related Share Registrar activities. THK Associates (Pvt) Limited, previously an associate of KPMG Taseer Hadi & Co., has been restructured in terms of requirements of Clause XL of the Code of Corporate Governance and the shareholding of THK partners has been divested in the year 2004. Mr. Yunus Dawood, Chief Executive of DYL Motorcycle Limited, a shareholder and Director was appointed as Chairman of the Company in 2008. Mr. Javed Iqbal, former Chairman an
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