Karachi: Pakistan Social Safety Project: World Bank approves credit worth $150m as additional financing According to MR Securities, The World Bank has approved a credit worth $150 million as additional financing for the Pakistan Social Safety Net Project aimed at supporting the expansion and strengthening the performance of Pakistan’s safety …
Read More »Daily Archives: March 8, 2012
Morning Briefing for Mar 08, 2012 – Standard Capital
Karachi: Cement consumption stagnant for 4 years Cement manufacturers are ‘kicking their ass’ since their strategic decision taken to enhance capacity in the last decade back fired. According to Standard Capital, this aspect is particularity true for Northern Zone players that encompass nearly 80% of total country’s demand. Increased capacity …
Read More »AKD Quotidian about — UBL: High payouts to drive Rerating
Karachi: Following stellar CY11 profits of PkR14.8bn (EPS: PkR12.13), up 35%YoY, AKD Securities raises AKD Securities’ target price for UBL to PkR89/share from PkR70/share previously. According to AKD Securities, despite a high base, AKD Securities believes UBL is on track to post a 5yr NPAT CACR of 11% while AKD …
Read More »Morning Call about Sui Northern Gas Pipelines Limited, Gas Water and Multiutilities – Arif Habib Limited
Karachi: Earnings to grow due to lower UFG losses Arif Habib Limited has revised Arif Habib Limited’s Dec-12 target price upwards for Sui Northern Pipeline Gas Company limited (SNGP) by 24.8% from PKR 20.2/share to PKR 25.2/share as the company has curtailed unaccounted for gas (UFG) losses. According to Arif …
Read More »Islamabad Stock Exchange Closing Rate of Woollen Sector dated 08-03-2012
Islamabad: Company Name Symbol Code Opening Closing Volume Change WOOLLEN Bannu Woollen Mills BNWM (N) 20.31 20.76 0 0.45 For more information, contact: Islamabad Stock Exchange ISE Towers 55-B, Jinnah Avenue, Islamabad, Pakistan Tel: +92(51)111-473-473 Fax: +92(51)111-473-329 Email: info@ise.com.pk
Read More »Islamabad Stock Exchange Closing Rate of Textile Composite Sector dated 08-03-2012
Islamabad: Company Name Symbol Code Opening Closing Volume Change TEXTILE COMPOSITE Ahmed Hassan Tex. XD AHTM (N) 13.00 13.00 0 0.00 Aruj Garment ARUJ (N) 4.20 4.20 0 0.00 Bhanero Textile XD BHAT (N) 193.80 193.80 0 0.00 Blessed Textile XD BTL (N) 63.86 63.86 0 0.00 Crescent Knitwear …
Read More »Islamabad Stock Exchange Closing Rate of Textile Spinning Sector dated 08-03-2012
Islamabad: Company Name Symbol Code Opening Closing Volume Change TEXTILE SPINNING Allawasaya Textile XD AWTX (N) 79.75 79.75 0 0.00 Apollo Textile APOT (N) 4.00 4.00 0 0.00 Asim Textile ASTM (N) 1.30 1.30 0 0.00 Azam Textile AZAMT (N) 1.36 1.36 0 0.00 Bilal Fibres BILF (N) 0.80 …
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