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).

According to AKD Securities, while …

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) to the Federal Board of …

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 its previously quoted offer price …

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 international furnace oil prices which …

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 24%YoY in 4MFY12.

According to …

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 MoM basis however, this growth …

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 growth of 24%YoY to 58,576 …

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 of remittances has remained steadily …