Brokerage

Karachi, January 30, 2014 (PPI-OT): Jan-14 CPI: Price index to show a subdued 8% YoY growth Jan-14, price index to show a subdued 8% YoY growth Arif Habib Limited expects Consumer Price Index (CPI) based inflation for the month of Jan-14 to clock in at 8.0% YoY, after registering a 9.2% YoY rise in Dec-13. ...

Karachi, January 29, 2014 (PPI-OT) Budget deficit curtailed at 2.2pc of GDP The government has succeeded in curtailing the budget deficit at 2.2% of GDP due to collection of Rs545 billion in non-tax revenues during the six months of 2013-14, official sources said. According to MR Securities Limited, foreigners to inject $3bn in Pak economy: ...

Karachi, January 28, 2014 (PPI-OT): FFC CY13 Preview; Earnings to drop 6% YoY The Board of Directors of Fauji Fertilizer Company Limited (FFC) is scheduled to approve its annual results for CY13 on 29th January, 2014. According to Arif Habib Limited, they expect the company to post profit after tax (PAT) of PKR 19,580mn (EPS: ...

Karachi, January 28, 2014 (PPI-OT): Fauji Fertilizer Company- Result preview FFC: CY13 earnings to swing around Rs17.5/sh According to Standard Capital, fauji Fertilizer Company (FFC) to announce its financial statements for CY13 on 29th January 14. Standard Capital expects earnings for CY13 will be swinging around Rs 17.5/sh for the CY13 against Rs 16.4/sh. Based ...

Karachi, January 27, 2014 (PPI-OT): Engro Foods CY13 review | Picture still rosy for CY14 Engro foods (EFOODS) announced financial results for CY13. According to Standard Capital, the company booked mere net profit of Rs 210.9mn (EPS Re 0.28) but had one time entry of Rs 881mn not taken the real EPS could have been ...

Karachi, January 27, 2014 (PPI-OT): Fiscal Year 2014 economic targets: results so far so good, not out of woods yet According to MR Securities, Finance Minister Ishaq Dar Saturday expressed satisfaction over the progress made so far in achieving the economic targets set by the PML-N government for the current fiscal year. He was presiding ...

Karachi, January 24, 2014 (PPI-OT): Forex: Country’s reserves fall to $8.168 billion According to MR Securities, Foreign exchange reserves held by the country decreased to $8.1684 billion during the week ending January 17, compared to $8.3 billion the previous week, according to data provided by the State Bank of Pakistan (SBP). Banks offer to enhance ...