Category Archives: Brokerage

AKD Quotidian about — UBL: Undervalued

Karachi: If any big Pakistani bank delivered a positive earnings surprise in the last result season, it was UBL with a 34%YoY growth in 9MCY11 NPAT to PKR10.6bn (EPS: PKR8.66). [...]

PSO investigates loss for awarding base oil tender contract – Alfalah Securities Limited

Karachi: The Pakistan State Oil (PSO) has started to investigate against a group of people within the organization who had caused a loss of USD 3 million (PKR 258 million) [...]

Atlas Engineering lifts up its buyback price – Alfalah Securities Limited

Karachi: Atlas Engineering Limited, who had applied for delisting from the Karachi Stock Exchange on October 27 2011, has increased its buyback offer price at PKR 58 per share from [...]

Furnace oil prices mounted up by PKR 2,161 per ton – Alfalah Securities Limited

Karachi: The Oil and Marketing Companies (OMCs) have yet again increased their furnace oil prices in the local market up to PKR 2,161 per ton followed by a hike in [...]

AKD Quotidian about —: Auto Sector: Monthly Update

Karachi: As the post budget rally continues (incentives announced in the FY12 budget- removal of SED and reduction of GST), auto sales (both Cars and LCVs) posted a growth of [...]

Morning Call about Car sales up by 24% in 4MFY12 – Arif Habib Limited

Karachi: As per the latest release of the Pakistan Automotive Manufacturers Association (PAMA) car sales have improved by 24% in 4MFY12 to 58,576 units. According to Arif Habib Limited, On [...]

Auto sales higher by 8% MoM in October – Alfalah Securities Limited

Karachi: Pakistan Automotive Manufacturers Association (PAMA) has released local automobile industry’s sales and production numbers for October 2011. According to Alfalah Securities Limited, the car sales have witnessed a significant [...]

Jul-Oct remittances surge by 23%YoY – Alfalah Securities Limited

Karachi: The remittances have surged to USD 4.315 bn during Jul-Oct ‘2011 higher by 23.24% as compared to USD 3.5 bn last year. According to Alfalah Securities Limited, the flow [...]