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Karachi: Urea shortages in Pakistan and India to benefit fertilizer companies… According to Standard Capital’s Securities, Pakistan has been suffering from urea shortages, which has already led to the prices of the fertilizer to increase manifolds. However, this increase in price is not the end of Standard Capital’s urea crisis. …
Read More »Daily Archives: October 25, 2011
AKD Quotidian about —: UBL: 9MCY11 Result Preview
Karachi: United Bank Ltd (UBL) is scheduled to announce its 9MCY11 result later today. According to AKD Securities, on a consolidated basis, they expects UBL to post NPAT of PKR9.61bn (fully-diluted EPS: PKR7.85) in 9MCY11 against NPAT of PKR7.91bn (fully-diluted EPS: PKR6.46) in 9MCY10, translating into 22%YoY growth. This should …
Read More »Taurus Securities Limited Market Overview
Karachi: The market reverted back to selling activity on Friday with selective banking, fertilizer and oil stocks leading the way. According to Taurus Securities, the KSE-100 Index plunged by 159 points to close at 11,525 on the back of 82m shares transacted. Most of the activity was concentrated in the …
Read More »Result Preview 9MCY11 net earnings expected to jump by 27.3% YoY – Arif Habib Limited
Karachi: United Bank Limited (UBL) board meeting to for its 9MCY11 results is scheduled for 10:00 am in Abu Dhabi. According to Arif Habib Limited, the bank is expected to post 3.7% QoQ growth in bottom-line during the 3QCY11 with net earnings to reach PKR 3,557mn (EPS: PKR 2.91) compared …
Read More »Morning Call about LOTPTA, HUBC, PSMC & NML for the period ended September 2011 – Arif Habib Limited
Karachi: LOTPTA; Lower margins may drag earnings by 37% QoQ According to Arif Habib Limited, The board of directors of Lotte Pakistan PTA Limited (LOTPTA) is scheduled to meet on October 26, 2011 to approve the financial result for 3QCY11. Arif Habib Limited expects the company to post profit after …
Read More »Pakistan may witness severe power and gas crises in winter – Alfalah Securities Limited
Karachi: Pakistan may witness severe gas and power crises in the upcoming winter season which is feared to result in a complete closure of fertilizer manufacturers, CNG stations and other industries. According to Alfalah Securities Limited, on the other hand, the finance ministry has promised to inject funds for the …
Read More »SBP amends Prudential Regulation for enterprise, consumer financing – Alfalah Securities Limited
Karachi: State Bank of Pakistan (SBP) has amended the prudential regulations for corporate and commercial banking, small and medium enterprises financing and consumer financing. The SBP circular issued to revise the instructions on provisioning against classified assets as follows: • Allow benefit of Forced Sale Value (FSV) of eligible collaterals/securities …
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