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  • www.cdcpakistan.com0800-CDCPL (23275)

    FORTIFICATION AND

    SURVIVAL

  • FORTIFICATION AND

    SURVIVALDaalan PavillionA daalan refers to an area within, or adjacent to, the main building used for relaxation and leisure. Historically, these spaces allowed inhabitants to recharge so that they could then march ahead with full force. Because of this, they had an undeniable significance in a fortification, and became crucial for survival. Here at CDC, we understand that nurturing talent and capability is the backbone of survival. By effective risk management at all levels, we prevent the overloading of any one particular function and ensure that everyone in our sphere our clients and our employees has room to breathe, grow and be the best they can be.

    Head Office:CDC House, 99-B, Block B, S.M.C.H.S., MainShahra-e-Faisal, Karachi - 74400.Tel: (92-21) 111-111-500 I Fax: (92-21) 34326031 Lahore Branch:307, 2nd Floor, Upper Mall, Lahore - 54000.Tel: (92-42) 35789378 I Fax: (92-42) 35789340

    Islamabad Branch:Room # 410, 4th Floor, Islamabad Stock ExchangeTowers,55-B, Jinnah Avenue, Blue Area, Islamabad.Tel: (92-51) 2895456-9 I Fax: (92-51) 2895454

    Email: [email protected]

    URL: www.cdcpakistan.com

    Customer Support Services:0800 23275 (CDCPL)

    For Overseas Callers: +92 (21) 34326038

    Registered Offices:

  • Oct-DecIssue No. 59

    2014

    ContentsCDC participates in 18th ACGAnnual General Meetingand Conference inXian, China

    02 0401Muhammad Hanif Jakhura, CEO-CDCelected on the Board of PakistanInstitute of Corporate Governance(PICG)

    EFU Life and CDC sign Memorandumof Understanding

    05NOTICE BOARD

    CDS UPDATES

    ITMinds Limitedparticipates in GITEXTechnology week in Dubai Statistical Highlights 06

    CDC Introduces eDividend Facility

    Senior Swiss Diplomatsvisit CDC

    CDC conductsInvestor Awareness Seminarsin Sukkur and Daharki

  • Slate 2014CustodianThe 1

    Muhammad Hanif Jakhura, CEO-CDC elected on the Board of Pakistan Institute ofCorporate Governance (PICG)

    EFU Life and CDCsign Memorandumof Understanding

    The Pakistan Institute of Corporate Governance (PICG) is a Not-for-Profit organization that undertakes initiatives like education, awareness, research, discussion and consultancy targeted towards achieving good Corporate Governance across industries.

    The institute has endorsements from some of the most influential entities within the country including the likes of SECP, SBP and CDC itself. It is a matter of immense importance and pride that CDCs association with the organization has become official through the election ofMr. Muhammad Hanif Jakhura on the Board of PICG.

    Muhammad Hanif Jakhura was amongst the first batch of participants who completed the course conducted by Pakistan Institute of Corporate Governance (PICG) for Certified Directors in 2007.

    He also serves on the Quality Assurance Board of Institute of Chartered Accountants of Pakistan and on the boards of Pakistan Mercantile Exchange (PMEX) and Institute of Capital Markets.

    Muhammad Hanif Jakhura, CEO CDC has been recently elected as a Director on the Board of Pakistan Institute of Corporate Governance (PICG). The highest number of votes received by him reflects the confidence of the corporate world in the leadership of CDC.

    Mr. Taher G. Sachak, MD & CEO EFU Life Assurance Ltd. exchanging MoU deed with Mr. Hanif Jakhura, CEO CDC

    Continuing our long standing tradition of collaborating with the corporate community for better access to markets and customers, Central Depository Company of Pakistan Limited (CDC) has signed a Memorandum of Understanding with EFU Life Assurance Limited. This collaboration will be the first of its kind where insurance solutions will be offered to CDC customers and simultaneously CDC can increase its outreach by utilizing EFU Lifes branch network. This endeavour will help expand CDCs outreach and ultimately facilitate customers in several cities across Pakistan.

    The MoU signing ceremony for this initiative was held at CDC House Karachi in presence of senior officials from both organizations including Taher G. Sachak, CEO & MD EFU Life and Muhammad Hanif Jakhura, CEO-CDC. This joint endeavor marks the beginning of a strategically beneficial partnership between CDC and EFU which will yield returns not just for the two institutions but to the external community at large.

  • Slate 2014CustodianThe2

    CDC participates in 18th ACGAnnual General Meeting and Conference in Xian, China

    Mr. Yoshinobu Takeuchi, Honorary Chairman of Executive Committee ACG (second from left) and Mr. Hanif Jakhura, CEO-CDC and Chairman of Executive Committee ACG (third from left) with other delegates at the ACG AGM 18.

    the spirit of the regional association. With the immense growth in capital markets in Asia, there is much to be gained from the cross-border opportunities.

    Pursuant to this theme, the guest speakers deliberated on areas ranging from business diversification to sustainability measures of CSDs. Mr. Fazal Gaffoor, CFO and Company Secretary CDC moderated an informative panel discussion on sustainability measures.

    One of the major highlights of the event was a public declaration entitled the Xian Initiative which laid down the vision of the regional

    included the likes of Mr. Mathias Papenfuss, Chairman European Central Securities Depositories Association (ECSDA) and Mr. Boon Hion Chan, Chairman - Asia Focus Group of the Association of Global Custodians among others.

    The theme decided for the event was Regionalization, Globalization and Diversification: Opportunities for Asia-Pacific CSDs. In his welcome address, Mr. Muhammad Hanif Jakhura, Chairman of the Executive Committee of ACG, commented on the event by stating that: I cannot think of a theme as significant as this one, which I feel is befitting

    Central Depository Company is not only at the forefront of Pakistan Capital Market but is also a national institution representing the country on regional and international forums. In October 2014, CDC Pakistan participated in the 18th ACG Annual General Meeting and Conference held in Xian, China. This was the first AGM of ACG with CDC acting as the Secretariat, leading the central coordination for the event.

    ACG is an informal association comprising of CSDs and clearinghouses of the Asia-Pacific region. The primary focus of the body is to aid in the promotion of cooperation and understanding between its member institutions and enhancing cross-border knowledge sharing. In the pursuit of its mission, ACG organizes two annual events. Of these, the most significant is the Annual General Meeting and Conference which is made up of two essential parts. The conference is a public session comprising of speeches and panel discussions on issues related to the theme of that years event. The General Meeting, a member only session, is held for the prime purpose of voting on key decisions and issues directly linked to ACG.

    The 18th ACG AGM was hosted by the China Central Depository & Clearing Corporation and was held in the historical city of Xian. The event was attended by 75 participants and

  • 18th ACG Conference in progress

    Slate 2014CustodianThe 3

    association in the coming years and the means by which that vision can be fulfilled.

    Several key decisions were taken at ACG 18. One such decision was the selection of the host for the World Forum of CSDs event to be held in 2017 and a consortium of Depositories from Pakistan, India, Hong Kong and China were voted with Hong Kong as the venue for WFC 17.

    The event was also the forum for another addition in CDCs list of MoUs with leading depositories of the world. This time CDC signed a Memorandum of Understanding with MKK Turkey, further strengthening its ties with the international CSD community.

    Fast FactsACG was formed in 1997.

    ACG currently has 32 members in 23 countries of the Asia-Pacific Region.

    For the years 2014-16, Mr. Muhammad Hanif Jakhura, CEO-CDC is the Elected Chairman of ACG Executive Committee.

    For the same period, CDC Pakistan is the ACG Secretariat.

    Mr. Muhammad Hanif Jakhura also represents ACG on the board of World

    Forum of CSDs that comprises of 5 regional bodies of CSDs from around the world.

    The City of Xian is known for its legendary Terracotta Army.

    MoU signing between CDC and MKK Turkey

  • Slate 2014CustodianThe4

    CDC introduces eDividend FacilityContinuing the trend of being at the forefront of innovation in capital market development, the Central Depository Company of Pakistan Limited became the pioneering institution in the country to introduce eDividend facility. This service enables issuers to electronically credit dividend amounts into bank accounts of shareholders directly without the need of any paper formalities or manual effort.

    The first such transaction was executed for the dividend of Lucky Cement Limited through its banking partner. Innovative offering of services like this has enabled CDC to achieve another milestone in Share Registrar Services after exceeding 100 clients in a short span of time.

    CDC continued its long standing tradition of promoting awareness by conducting Investor Awareness Seminars in Sukkur and Daharki in the month of December 2014. These seminars were organized particularly in the context of current regulatory initiatives where subscriptions of CDC Access SMS and Email Alerts have been made mandatory by the Securities & Exchange Commission of Pakistan. This initiative was also taken in line with CDCs belief that an informed investor is more enabled to keep his investments secure.

    Two sessions were organized at the premises of Sukkur IBA for Sub-Account Holders and students while one session was given to the employees and management of Engro Fertilizers plant in Daharki. The audience were briefed about CDCs role, responsibilities and service offerings. The free-of-cost CDC Access portfolio was also introduced. Investors were apprised about their roles, responsibilities and rights as well.

    The seminars were well received and the attendees stressed that CDC should show presence on a monthly basis in the form of day-long sessions or IPV desks. All the queries and concerns were dealt with expertly by the CDC team.

    A highlight of these seminars was the motivating presentation by Mr. Shuja Qureshi, famous TV anchor, who was invited as a guest speaker for these sessions. He spoke in length about cultivating a habit of savings from a young age and investing smartly to gain the right results. The next seminar is scheduled to take place at ICAP Karachi.

    Mr. Tariq Siddiqui, Assistant Manager Operations and Customer Support Services, CDC giving

    presentation to investors at Sukkur IBA

    CDC conductsInvestor Awareness Seminarsin Sukkur and Daharki

    Senior SwissDiplomats visit CDCMr. Emil Wyss (Consul General), Mr. Roger M. Kull (Deputy Head of Mission at the Embassy of Switzerland in Islamabad) and Mr. Jordan James Din (Head of Commercial Section) at the Swiss Consulate General in Karachi visited CDC House in Karachi on November 27, 2014.

    Mr. Muhammad Hanif Jakhura, CEO-CDC and senior management of CDC welcomed the delegation, who were apprised about the performance of Pakistan Capital Market in recent years. They were also informed about CDCs businesses, investor awareness & cultivation initiatives, IT infrastructure and CSR activities.

    The Swiss delegation greatly appreciated the efforts of CDC in the development and progress of Pakistan Capital Market.

  • Slate 2014CustodianThe 5

    ITMinds Limited, a wholly owned subsidiary of CDC, specializing in the provision of technology consultancy, implementation and outsourcing solutions, participated in GITEX Technology week from October 12-16, 2014 at the Dubai World Trade Centre. Considered as the top Information and Communications Technology event of Middle East, Africa & South Asia (MEASA), GITEX 2014 attracted 139,000 ICT professionals from 144 countries with over 450 companies. The primary aim of ITMinds Limited was to align its current services with the global industry practices, explore partnerships and to promote products & services of ITMinds internationally.

    On behalf of ITMinds Limited, the event was attended by a delegation comprising of Mr. Muhammad Junaid Shekha (CEO), Mr. Shaikh Nadir Hussain (Program Manager) & Mr. Taha Tungekar (Marketing Manager).

    [Circular: December 23, 2014]

    Insertion of NTN into CDS as part of registration details has been made mandatory for Corporate Accounts. Therefore all CDS Participants were informed to obtain and enter NTN details from existing corporate accounts if they had not done so already.

    This would enable the Issuers to check the status of their respective shareholders from the Active Tax-payers List (ATL) available on the website of the Federal Board of Revenue for the purpose of withholding of tax on dividend. It was further advised to ensure that all new CDS Corporate Accounts opened must carry NTN.

    Consolidation of Alerts

    Keeping in view the convenience of the Investors, the mechanism of generating alerts has been changed with effect from December 26, 2014 whereby now alerts of all consolidated Balance Orders relating to a single trade (script-wise) will be sent.

    ITMinds Limited participates in GITEXTechnology week in Dubai

    NOTICE BOARDNational Tax Number (NTN) inthe Registration Details ofCorporate Account Holders

    [Circular: October 29, 2014]

    CDS UPDATES

    Upgrade of CDS Application

    [Circulars: October 02 and10, 2014 (Karachi)]

    CDC has upgraded its Existing CDS application platform. In this regard, CDS Elements of Karachi were informed that eCDS New Application icon was installed and configured on their respective CDS terminals.

    Mandatory Subscription of eitherSMS or eAlert by existingSub-Account holders

    [Circular: December 16, 2014]A circular was sent to CDC Elements reminding them about amendments in CDC Regulations 6.2.6 regarding mandatory subscription of either SMS or eAlert by existing Sub-Account holders. In this regard, they were apprised that SECP has approved the amendments in CDC Regulations vide its letter dated April 18, 2014. According to these amendments, any Sub-Accounts not having either a local mobile number or an email address by December 31, 2014, will be blocked by CDC allowing only the following activities during blocking period: Portfolio transfers; and Updation of registration details It is important to note that such blocked sub-accounts will only be restored when a local mobile number or an email address is provided. Participants were requested to regularize all Sub-Accounts under their Participant umbrella by obtaining and inserting local mobile number and/or an email address from the respective Sub-Account Holders, preventing any non-compliance related action.

  • 637Ordinary Shares

    17PreferenceShares

    37Open End Units

    118TFCs / Sukuk

    Breakup of Securities

    Central Depository System (CDS)as of December 31, 2014

    685Issuers

    95Pledgees

    613Participants / Account Holders

    Type of Elements

    Statistical Highlights

    Slate 2014CustodianThe6

  • Slate 2014CustodianThe 7

    1

    2

    3

    4

    5

    6

    7

    8

    9

    10

    11

    12

    13

    14

    15

    16

    17

    S.No.

    Debt Instruments

    Debt Instruments

    Right Renounciable

    Right Renounciable

    Right Renounciable

    Right Renounciable

    Right Renounciable

    Right Renounciable

    Right Renounciable

    Right Renounciable

    Right Renounciable

    Ordinary Shares

    Right Renounciable

    Ordinary Shares

    Ordinary Shares

    Ordinary Shares

    Ordinary Shares

    Security Type

    03 Oct, 2014

    09 Oct, 2014

    16 Oct, 2014

    21 Oct, 2014

    23 Oct, 2014

    24 Oct, 2014

    06 Nov, 2014

    10 Nov, 2014

    10 Nov, 2014

    17 Nov, 2014

    18 Nov, 2014

    18 Nov, 2014

    27 Nov, 2014

    09 Dec, 2014

    11 Dec, 2014

    16 Dec, 2014

    01 Jan, 2015

    Eligibility DateSecurity Name

    List of Securities Declared Eligible for CDS

    Al Baraka Bank (Pakistan) Limited

    Askari Bank Limited

    Allied Rental Modaraba - LoR

    The Crescent Textile Mills Limited

    Gul Ahmed Wind Power Limited

    Aruj Industries Limited

    International Knitwear Limited

    Safe Mix Concrete Products Limited

    Javedan Corporation Limited

    Y. B. Pakistan Limited

    Fauji Fresh n Freeze Limited

    National Investment Trust Limited

    Quice Food Industries Limited

    Systems Limited

    Synthetic Products Enterprises Limited

    Sindh Modaraba Management Limited

    Shabbir Tiles and Ceramics Limited

    02 Oct, 2014

    03 Oct, 2014

    15 Oct, 2014

    20 Oct, 2014

    22 Oct, 2014

    23 Oct, 2014

    05 Nov, 2014

    07 Nov, 2014

    07 Nov, 2014

    14 Nov, 2014

    17 Nov, 2014

    17 Nov, 2014

    26 Nov, 2014

    08 Dec, 2014

    10 Dec, 2014

    15 Dec, 2014

    31 Dec, 2014

    Notice Date

  • Slate 2014CustodianThe8

    List of Securities Inducted into CDS

    1234567

    S.No. Security Type

    Debt InstrumentsDebt InstrumentsOrdinary SharesDebt InstrumentsOrdinary SharesOrdinary SharesOrdinary Shares

    Live DateSecurity Name

    23 Oct, 201411 Nov, 201418 Nov, 201419 Nov, 201404 Dec, 201419 Dec, 201429 Dec, 2014

    Engro Fertilizers Limited - Sukuk Certificates (4th Issue)Al Baraka Bank (Pak) Limited - Sukuk CertificatesAwwal Modarba Management LimitedAskari Bank Limited (PPTFC-V)National Investment Trust LimitedSystems LimitedSindh Leasing Company Limited

    List of Securities Delisted from CDS

    123456

    S.No.

    Debt InstrumentDebt InstrumentsDebt InstrumentsDebt InstrumentsDebt InstrumentsDebt Instruments

    Security Type Delist DateSecurity Name

    21 Oct, 201404 Nov, 201427 Nov, 201415 Dec, 201418 Dec, 201419 Dec, 2014

    Orix Leasing Pakistan Limited - TFC 2nd Issue (30-06-11)Engro Corporation Limited - TFC (30-09-11)Pakistan Mobile Communication Limited - TFC (7th Issue)Escorts Investment Bank Limited - TFC (15-03-07)Bank Al Habib Limited - TFC (2009)United Bank Limited - TFC (08-09-2006)

  • Slate 2014CustodianThe 9

    1

    2

    3

    4

    5

    6

    7

    8

    9

    10

    Engro Powergen Qadirpur Limited (Book Building)

    Engro Powergen Qadirpur Limited (General Public)

    Engro Fertilizers Limited - Sukuk Certificates (4th Issue)

    Albaraka Bank (Pakistan) Limited - Sukuk Certificates

    Awwal Modaraba Management Limited

    Askari Bank Limited (PPTFC-V)

    Saif Power Limited

    Saif Power Limited

    Allied Bank Limited

    Sui Southern Gas Company Limited - Certificate of Leasing

    S.No.

    Ordinary Shares

    Ordinary Shares

    Debt Instruments

    Debt Instruments

    Ordinary Shares

    Debt Instruments

    Ordinary Shares

    Ordinary Shares

    Ordinary Shares

    Debt Instruments

    Security Type

    Offer For Sale

    Offer For Sale

    New Issue

    New Issue

    New Issue

    New Issue

    Offer for Sale (Book Building)

    Offer for Sale (General Public)

    Offer for Sale

    New Issue

    Issue Type

    Oct 14, 2014

    Oct 22, 2014

    Oct 22, 2014

    Nov 10, 2014

    Nov 17, 2014

    Nov 18, 2014

    Dec 05, 2014

    Dec 09, 2014

    Dec 23, 2014

    Dec 31, 2014

    Apply DateSecurity Name

    Credit of New Issues / Offer for Sale

    Credit of Shares / Certificates against Right Issue / Further Issue

    123456789101112

    Treet Corporation LimitedGul Ahmed Wind Power LimitedTRG Pakistan Limited - Class 'A' Fauji Fresh n Freeze LimitedKASB ModarabaNRSP Microfinance Bank LimitedCherat Cement Company LimitedY. B. Pakistan LimitedPak Elektron LimitedBankislami Pakistan LimitedEngro Corporation LimitedBank Alfalah Limited

    Oct 28, 2014Nov 07, 2014Nov 10, 2014Nov 10, 2014Nov 17, 2014Dec 01, 2014Dec 17, 2014Dec 23, 2014Dec 24, 2014Dec 31, 2014Dec 11, 2014Dec 23, 2014

    S.No.

    Further IssueRight IssueRight IssueRight IssueRight IssueRight IssueRight IssueRight IssueRight IssueRight Issue

    Further IssueFurther Issue

    To Effective DateSecurity Name

  • Slate 2014CustodianThe10

    1 Aisha Steel Mills Limited (Ordinary & Pref. Shares) Oct 13, 2014

    S.No. Apply DateSecurity Name

    Detail of Partial Conversion and Cancellation

    1

    2

    3

    4

    5

    6

    7

    8

    9

    10

    11

    12

    13

    Cherat Cement Company Limited

    KASB Modaraba

    Pak Elektron Limited

    Gul Ahmed Wind Power Limited

    Aruj Industries Limited

    Allied Rental Modaraba

    International Knitwear Limited

    The Crescent Textile Mills Limited

    Javedan Corporation Limited

    Fauji Fresh n Freeze Limited

    Y. B. Pakistan Limited

    Quice Food Industries Limited

    Aisha Steel Mills Limited

    Oct 01, 2014

    Oct 02, 2014

    Oct 20, 2014

    Oct 31, 2014

    Nov 05, 2014

    Nov 17, 2014

    Nov 17, 2014

    Nov 20, 2014

    Nov 21, 2014

    Nov 25, 2014

    Dec 02, 2014

    Dec 04, 2014

    Dec 20, 2014

    S.No. Apply DateSecurity Name

    Credit of Unpaid Rights

  • Slate 2014CustodianThe 11

    1

    2

    3

    4

    5

    6

    7

    8

    9

    10

    11

    12

    13

    14

    Security Papers Limited

    East West Insurance Company Limited

    IBL HealthCare Limited

    The Searle Company Limited

    Gul Ahmed Textile Mills Limited

    Shezan International Limited

    Suraj Cotton Mills Limited

    Mari Petroleum Company Limited

    Habib Asset Management Limited

    First Paramount Modaraba

    East West Insurance Company Limited

    The Searle Company Limited

    IBL HealthCare Limited

    Gul Ahmed Textile Mills Limited

    Oct 01, 2014

    Oct 24, 2014

    Nov 18, 2014

    Nov 19, 2014

    Nov 24, 2014

    Nov 25, 2014

    Nov 27, 2014

    Nov 27, 2014

    Nov 27, 2014

    Nov 28, 2014

    Dec 02, 2014

    Dec 19, 2014

    Dec 19, 2014

    Dec 29, 2014

    S.No.

    19%

    9.5%

    28.5%

    38.0%

    23.75%

    9.5%

    10%

    19.0%

    15%

    9.5%

    Remaining 5%

    Remaining 5%

    Remaining 5%

    Remaining 5%

    % of Bonus Declared Apply DateSecurity Name

    Credit of Bonus Issue

    1

    2

    3

    The United Insurance Company Limited

    Metropolitan Steel Corporation Limited

    IGI Life Insurance Limited

    S.No.

    F.D Registrar Services (SMC-Pvt) Ltd

    Hameed Majeed Associates (Pvt) Ltd

    Famco Associates (Pvt) Ltd

    To

    Shares & Corporate Registrar Services Limited

    Self

    THK Associates (Pvt) Limited

    From

    Oct 01, 2014

    Oct 24, 2014

    Dec 29, 2014

    Effective DateSecurity Name

    Detail of Change of R/TA (Listed & Unlisted)

  • Slate 2014CustodianThe12

    25,832

    35,561

    52,184

    Activation of Web / IVR

    Activation of SMS

    No. of IAS A/C

    Investor Account Services (IAS)as of December 31, 2014

    52,184

    Co

    rpo

    rate

    In

    vest

    or

    Acc

    ou

    nts

    Ind

    ivid

    ual

    In

    vest

    or

    Acc

    ou

    nts

    Number of Accounts

    24

    2

    8,2

    02

    10

    9

    5,0

    71

    1,1

    05

    37

    ,45

    5

    Kara

    chi

    Laho

    re

    Isla

    mab

    ad

    45.797Number of Securities (in Billion)

    Activations (for IAS Customers)as of December 31, 2014

  • Future Contract(No. in Million)

    Market Cap.(Rs. in Million)

    MonthClosing

    Turnover of SharesShares traded at KSE during last six months

    Ready(No. in Million)

    July August

    SeptemberOctober

    NovemberDecember

    2,297.59 2,691.58 3,470.43 3,691.08 4,701.90 5,621.23

    291.87 364.39 508.66 379.24 476.32 708.621

    7,120,673.59 6,726,928.83 6,914,097.48 7,033,698.67 7,152,183.26 7,380,531.74Source: KSE Quotation Source: Google Finance

    Value as on December 31 2014IndexWorld Market Indices

    BSE SENSEX S&P/ TSX Composite FTSE 100 (London)NIKKEI 225 (Tokyo)DAX (Frankfurt)CAC 40 (Paris)ALL ORDINARIESHANG SENG (Hong Kong)

    27,499.4214,632.446,566.0917,450.779,805.554,272.755,388.6023,605.04

    as of December 31, 2014KSE & CDS Summary

    * Excluding GoP holding

    557

    1.168

    111.81

    247.91

    82.05

    7,380.531

    4.351

    85.88%

    Listed Companies at KSE

    Listed Capital at KSE (in Billion)

    Number of shares in CDS (in Billion)

    Units of Open-End funds in CDS (in Million)

    Units of TFCs, Sukuks and Bonds in CDS (in Million)

    Market Capitalization in KSE (in Billion)

    Market Capitalization of shares in CDS (in Trillion)

    Percentage of shares in CDS w.r.t. Share Capital *

    KSE 100 Index during the last six months

    July August September October November December

    33,00032,00031,00030,00029,00028,00027,00026,000

    30,314.07

    28,567.74

    29,726.39

    31,197.9830,376.53

    32,131.28

    Slate 2014CustodianThe 13

  • www.cdcpakistan.com0800-CDCPL (23275)

  • (92-21) 111-111-500 :(92-21) 34326031 :

    (92-42) 35789378 :(92-42) 35789340 :

    (92-51) 2895456-9 :(92-51) 2895454 :

    [email protected] :

    www.cdcpakistan.com :

    0800 23275 (CDCPL)

    +92 (21) 34326038 :

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