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Wednesday, August 23rd, 2017
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Category Archives: Brokerage

UN Resolution Calls for Ban on Nuclear Weapons

U.N. member states have voted overwhelmingly on a measure that could lead to a ban on nuclear weapons.On Thursday, the U.N. Disarmament and International Security Committee voted to approve a resolution that calls for negotiations on a new treaty outla…

Elixir Securities Limited – Weekly Technical

Karachi, October 24, 2016 (PPI-OT): KSE100 – Correction Ahead The benchmark Index is contained within the boundaries of rising wedge with gap contracting at the top now which makes advances shorter and shorter from the reaction lows (lower support line) and as a result unconvincing rallies. Similar activity was witnessed during the outgoing week where …

JS Securities Limited – JS Research Beep

Karachi, October 24, 2016 (PPI-OT): Channel checks suggest increase in cement prices As per JS Securities Limited’s channel checks, cement manufacturers in South have increased prices by Rs5/bag to pass on impact of expensive coal procurements. This is a zonal adjustment as compared to a change in MRP of cement. JS Securities Limited discussion with …

IGI Securities Limited – Off the Analyst’s Desk

Karachi, October 20, 2016 (PPI-OT): KAPCO: 1QFY17 Result Review KAPCO posted 1QFY17 NPAT of PkR2.32bn (EPS: PkR2.63) higher by 10%YoY, but below IGI Securities Limited’s estimates on account of lower load factor in the month of September. Margins for the quarter rested higher than IGI Securities Limited ‘s estimates, at an all time high GM/OM …

Elixir Securities Limited – Elixir Research

Karachi, October 19, 2016 (PPI-OT): POL: Earnings Meet Estimates Pakistan Oilfields Limited (POL) just announced its earnings for 1QFY17 at PKR9.8/sh up 65% YoY and 51% sequentially, broadly in-line with Elixir Securities Limited’s estimates of PKR9.6/sh. Variation in earnings emanate from lower than estimated gross profit on account of lower sales which is likely attributable …

JS Securities Limited – Global

Karachi, October 19, 2016 (PPI-OT): EFOODS: 3Q2016 EPS stood at Rs0.83, up 2% YoY Engro Foods (EFOODS) announced 3Q2016 results today, where the company posted earnings of Rs633mn (EPS Rs0.83), up 2% YoY; while gross margins clocked in at 21% (-57bps YoY, -6ppt QoQ). Cumulatively, 9M2016 earnings posted flat growth, clocking in at Rs2.60bn (EPS …

Elixir Securities Limited – Elixir Grid

Karachi, October 17, 2016 (PPI-OT): KSE100 – Aiming New Highs The bench mark KSE100 Index was previously trading inside a rising wedge consolidation pattern visible on its weekly time frame before making a break higher. Sustained progression above 41,250 in the following week would indicate that buyers are taking control of price Action and that …