Ratings

Published December 30, 2006

KARACHI, Dec 29: JCR-VIS Credit Rating Company Ltd has assessed the fund performance ranking of First Capital Mutual Fund Limited (FCMF) for the period ended June 30, 2006 at ‘MFR 3-Star’, which denotes ‘average performance’ vis-à-vis other closed-end funds, says a press release.

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KARACHI, Dec 29: JCR-VIS Credit Rating Company Ltd has reaffirmed the medium to long-term ratings for the entity and TFC issue of Reliance Weaving Mills Ltd. at BBB+ (Triple B Plus) and A- (Single A Minus), respectively, with ‘Stable’ outlook. The short-term rating is also reaffirmed at A-3 (A Three), says a press release.

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