Breaking News

Monthly Archives: April 2012

AKD Quotidian about — Pakistan Market: Targeting 16,000 points on strong corporate performance

Karachi: The KSE returned 2% in April 2012 through the result season as active coverage companies topped ours as well as consensus earnings forecast by 5% sequentially. According to AKD Securities, this underpins AKD Securities’ positive outlook where AKD Securities sees earnings upgrades driving upside of 14% to AKD Securities’ …

Read More »

Morning Call about Inflation risk not fully subsided as yet; for Apr-12 Arif Habib Limited expects a 10.8%YoY rise – Arif Habib Limited

Karachi: CPI inflation for Apr-12 expected at 10.8%YoY Arif Habib Limited estimates a ~1.4%MoM rise in CPI inflation for the month of Apr-12, translating into a ~10.8YoY rise. According to Arif Habib Limited’s calculations are based on incorporating revised oil assumption of USD 115/bbl (USD 119/bbl YTD average) up until …

Read More »

GoP collects PkR 35-40 bn from GIDC during 9MFY12 – Alfalah Securities Limited

Karachi: The government has collected PkR 35-40 bn from Gas Infrastructure Development Cess (GIDC) during 9MFY12, which would be utilized for the construction of Iran-Pakistan (IP) gas pipeline, Turkmenistan-Afghanistan-Pakistan-India (TAPI) Pipeline Project, Liquefied Natural Gas (LNG) and other energy related projects. According to Alfalah Securities Limited, the government had imposed …

Read More »