Karachi, December 17, 2013 (PPI-OT): Impact of rising Cement prices and changing market pie Cement prices jump PKR 20/bag in Southern region As per media reports, cement prices in the southern region of the country have increased by PKR 20/bag, which now hover between PKR 520-505 per bag. According to Arif Habib Limited, as per ...
Read More »Morning Call about Textiles embrace for their ‘Honeymoon’ period – Arif Habib Limited
Karachi, December 13, 2013 (PPI-OT): EU Parliament votes in favour of GSP+ Status As Arif Habib Limited highlighted in Morning Calls dated (12th and 6th Dec’13), EU Parliament in its historic verdict yesterday has voted in favour (53%) of granting (406 votes out of a total 766) GSP+ status to 10 countries, including Pakistan, till ...
Read More »Morning Call about Textiles and Autos – Arif Habib Limited
Karachi, December 12, 2013 (PPI-OT): 1) EU Parliament to vote on GSP+ today 2) Auto numbers in Nov’13 1) EU Parliament’s decisive vote today on GSP+ Status The European Union (EU) Parliament held session with a debate on granting of the GSP+ Status to 10 countries for a period of 10 years. According to Arif ...
Read More »Morning Call about Sector update – Arif Habib Limited
Karachi, December 11, 2013 (PPI-OT): Non-performing loans steadily improve Non-performing loans steadily improve The State Bank of Pakistan’s (SBP) third quarter banking sector non-performing loans data paints a picture of stable and steadily improving industry core fundamentals. According to Arif Habib Limited, the stock of NPLs in banks’ and DFI’s portfolios, declined by PKR 11bn ...
Read More »Morning Call about Kohat Cement Company Limited – Arif Habib Limited
Karachi, December 10, 2013 (PPI-OT): Solid cash generation pointing towards high dividends in FY14 The stock of Kohat Cement Company Limited (KOHC) has posted a massive 13% return since 1QFY14 results announcement, outperforming the benchmark index by 1% during the same period. According to Arif Habib Limited believes that the stock has still more to ...
Read More »Morning Call about Cement Dispatches – Arif Habib Limited
Karachi, December 04, 2013 (PPI-OT): Volumes depict marginal (2% YoY) drop in Nov’13 Provisional dispatches reveal 2% YoY, 6% MoM fall in Nov’13 As per the provisional figures (27-day extrapolated) available with us, cement dispatches appear to have posted a 6% MoM drop in Nov’13 to 2.6mn tons, mainly on account of 3% MoM drop ...
Read More »Morning Call about – Conference Call Takeaways – Arif Habib Limited
Karachi, November 27, 2013 (PPI-OT): In the backdrop of recent spree of PKR to USD depreciation (8.4% FYTD) and its relative impacts on Pakistan’s Textile sector, rising energy costs and GSP-Plus status expected (to be granted for a period of 10 years) when the EU Parliament meets on 6 th Dec’13 to vote, Arif Habib ...
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