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Karachi, January 07, 2014 (PPI-OT): ‘Govt to finalise five-year plan by 31st’ In the wake of 18th Amendment, the PML-N-led government has decided to include a separate chapter on development priorities for the country’s four provinces into the upcoming five-year plan and Vision 2025. According to MR Securities Limited, boosting credibility of economic data: PBS ...

Karachi, January 07, 2014 (PPI-OT): OGRA is set to announce a hike in gas tariffs shortly, where SNGP has demanded a hike of more than 15% for fertilizer manufacturers. According to AKD Securities Limited, however, with the second phase of gas tariff rationalization still to be announced (after the recent GIOC increase of PkRIO3/mmbtu on ...

Karachi, January 06, 2014 (PPI-OT): As per news reports, cement dispatches for the month of Dec13 clocked in at 295mn tons – an increase of 6%MoM/46%YoY. According to AKD Securities, in this regard, local dispatches posted a growth of 4%YoYI9%MoM to clock in at 2.33mn tons, the highest domestic dispatches for the month of December ...

Karachi, January 03, 2014 (PPI-OT): Engro Polymer and Chemicals |BUY According to Standard Capital, Continuation of coverage Standard Capital continues to Standard Capital’s coverage on Engro Polymer (EPCL) with an increased Target price of Rs23/sh and an EPS target of Rs3.19 in 2014 (assuming 150k tons PVC production and margins over other by product chemicals. ...

Karachi, January 03, 2014 (PPI-OT): Headline CPI numbers in Dec13 surprised the market and registered at 9.18%YoY. This translates into a deflationary trend of- 132%MoM in contrast to the average l.3%MoM CPI increase In SMFVI4 as well as the highest sequential decrease since Jul08. According to AKD Securities, the fall in sequential price pressures is ...

Karachi, January 03, 2014 (PPI-OT): Daily News Summary The government of Pakistan has committed to the International Monetary Fund (IMF) that it will privatise 26 percent of PIA’s shares to strategic investors by end of December 2014. For this purpose, the government also decided to hire a financial adviser by end of March 2014 to ...

Karachi, January 03, 2014 (PPI-OT): Book Building Successful, Opportunity for General Public Now According to Arif Habib Limited, After successful book building, Avance on is now available for general public After a fully subscribed successful book building process on 26th and 27th Nov’13 where the company offered 18.9mn shares which was set at its floor ...