Karachi, February 23, 2018 (PPI-OT): Pakistan Added to the FATF Watch List? The KSE100 Index fell 360pts WoW (0.8%WoW) and closed at 43,267pts on Friday. After hitting an intraweek low of 42,919pts on Wednesday, the index gained 347pts, with major gains
Karachi, February 23, 2018 (PPI-OT): Investors remain in ambiguity, as KSE-100 index closes 0.8% WoW lower Ambiguity played with investors’ sentiments at the bourse during the week as conflicting news emerged over FATF putting Pakistan back on the terrorist financing watch
Karachi, February 23, 2018 (PPI-OT): Pakistan Oilfields Limited – Lower Makori East/Mardankhel Reserves Dilute the Valuation Impact of Jhandial Recent field reserves data showed significant hydrocarbon reserves in Jhandial, much higher than our prior estimates. However, decline in hydrocarbon reserves of
Karachi, February 23, 2018 (PPI-OT): NML: 1HFY18 EPS clocks in at Rs7.59, up 5% YoY The Board of Directors of Nishat Mills Limited (NML) announced today the company’s results for 1HFY18, where earnings clocked in at Rs2.67bn (EPS: Rs7.59), up 5%
Karachi, February 23, 2018 (PPI-OT): Urea and DAP off-take numbers for Jan-2018, in-line with our estimates As per the recent data published by National Fertilizer Development Corporation (NFDC), urea offtake for the month of Jan-2018 has clocked in at 539k tons in-line
Karachi, February 23, 2018 (PPI-OT): ABL: Earnings revised on higher costs from borrowings, ‘Buy’ remain intact We update our investment case on Allied Bank Ltd. (ABL) following the release of 2017 detailed accounts and analyst conference call. We revise down