Brokerage

Karachi, October 31, 2013 (PPI-OT): MARKET HIGHLIGHTS: On Wednesday market opened in a positive and upward side trend. The highest level of the market was at 22,400.29 points. According to RSL Securities Limited but market was unable to sustain that level and it came down. The lowest level of the market was at 22,276.65 the ...

Karachi, October 30, 2013 (PPI-OT): According to official statistics released by the National Fertilizer Development Centre (NFDC), total urea offtake during 9MCY13 has clocked in at 4.2mn tons, a growth of 13%YoY. According to AKD Securities the growth has been achieved on the back of higher availability following a 15%YoY increase in urea production, where ...

Karachi, October 29, 2013 (PPI-OT): Pak Suzuki Motor (PSMC) is scheduled to announce its 9MCY13 result tomorrow. According to AKD Securities expects the company to post NPAT of PkR1,568mn (EPS: PkR19.05) in 9MCY13 vs. NPAT of PkR1,176mn (EPS: PkR14.29) in 9MCY12 i.e. growth of 33%YoY. Overall sales volumes of the company came in at 59,292 ...

Karachi, October 29, 2013 (PPI-OT): 1) FFC: 3Q EPS expected at PKR 3.81 up 6% QoQ Fauji Fertilizer Company Limited (FFC) is scheduled to announce its 3QCY13 financial results on Oct 30, 2013. According to Arif Habib Limited expects the company to post profit after tax (PAT) of PKR 4,851mn (EPS: PKR 3.81), a mere ...

Karachi, October 23, 2013 (PPI-OT): HUBC is scheduled to announce its 1QFY14 result on Oct 24’13. AKD Securities expects the company to post NPAT of PkR2,612mn (EPS: PkR2.26) in 1QFY14, a growth of 24%YoY/32%QoQ. According to AKD Securities the growth is expected to be led primarily by a decline of 53%YoY in financial charges on ...

Karachi, October 23, 2013 (PPI-OT): MCB: 3QCY13 earnings PKR 5.2/share down by 14% QoQ On a standalone basis, for the 3QCY13, Arif Habib Limited estimates MCB to post in earnings of PKR 5.2/share versus PKR 6.0/share in the prior period last year. According to Arif Habib Limited This brings the 9MCY13 cumulative EPS to PKR ...

Karachi, October 22, 2013 (PPI-OT): Lower LDI minutes to drag quarterly performance Pakistan Telecom (PTC) is due to announce 3QCY13 result today 21st Oct’13. According to Arif Habib Limited on a consolidated basis expect the company to post an EPS of PKR 0.77/share down by 14% QoQ. Lower earning during the period, primarily owes to ...