KSE Results Sep 29, 2009

Indus Motor:
Earning Per Share (EPS): 17.62
Profit / Loss (in million): 819
Bonus / Dividend: 100%

Pakistan Telecommunication Company (PTCL):
Earning Per Share (EPS): 1.79
Profit / Loss (in million): 1938
Bonus / Dividend: Nil

Sitara Chemicals:
Earning Per Share (EPS): 30.89
Profit / Loss (in million): 202.6
Bonus / Dividend: 75%

Mari Gas Company:
Earning Per Share (EPS): 58.56
Profit / Loss (in million): 185
Bonus / Dividend: 100%B

Karachi Stock Exchange Sep 29, 2009

Karachi Stock Exchange is going good since last one month and have gained a lot of potential. This week started with downfall but again today on Tuesday market again got plus. Major sectors being traded are securities, energy and banking. Arif Habib Securities (AHSL) and Jahangir Siddique Company (JSCL) are getting boomed. According to some speculations these two will continue going up. Other good shares are Mari Gas, OGDC, Azgard Nine etc. Investors are getting back to the market but there might be selling pressure too by the end of this week.

NOTE: The information posted in this blog (forum) is based on current afairs & invstors point of view. There may be discrepency in the ground realities.

Karachi Stock Exchange Sep 21, 2009

Karachi Stock Exchange is going at rapid pace now a days. Last Friday was ended with the rise of 213 points and closed at 9436. This tremendous growth in KSE 100 index was due to return of foreign investment in the market. Although local investors were avoiding investment due to long EID holidays but weekend closing was amazing. Now next week starting from Thursday seems to be good since there will be only two working days in this week. So investors should think as I am continuously stating in last several posts that it is golden time to invest in the market and still there is no late. So have close eye on KSE from Thursday.

NOTE: The information posted in this blog (forum) is based on current afairs & invstors point of view. There may be discrepency in the ground realities.

Karachi Stock Exchange Sep 18, 2009 Results

Jahangir Siddique Company (JSCL):
Earning Per Share (EPS): 18.18
Porfit / Loss (in million): 12448
Bonus / Dividend: Nil

D.G. Khan Cement Company:
Earning Per Share (EPS): 1.98
Porfit / Loss (in million): 180
Bonus / Dividend: Nil

Fecto Cement:
Earning Per Share (EPS): 6.89
Porfit / Loss (in million): 104
Bonus / Dividend: 10%B

THAL Limited:
Earning Per Share (EPS): 15.34
Porfit / Loss (in million): 235
Bonus / Dividend: 20%, 20%B

Bolan Casting:
Earning Per Share (EPS): 4.24
Porfit / Loss (in million): 100
Bonus / Dividend: 20%B

Millat Tractors:
Earning Per Share (EPS): 4.24
Porfit / Loss (in million): 100
Bonus / Dividend: 20%B

Company Results Sep 11, 2009

Netsol Technologies Limited:
Earning Per Share (EPS): 4.10
Porfit / Loss (in million): 118.3
Bonus / Dividend: Nil

ZIL LTD (Formaly Zulfiqar Ind. Ltd)
Earning Per Share (EPS): 10.59
Porfit / Loss (in million): 12.68
Bonus / Dividend: 40%, 10%B

Karachi Stock Exchange Weekly Analysis Sep 13, 2009

Continuous increase in KSE-100 index since last two months and a steep rise (15 percent quick gains) since last month, lead market to take some corrections and pushed Karachi bourse into consolidation phase last week. According to analysts this correction was overdue, and a bullish activity could be seen in upcoming weeks, as foreign investors augmented to buying. Although in last week market was also witnessed below 9,000 points benchmark but the continuous inflow of foreign currency from offshore investors helped market to close at some decent level. KSE-100 index gains 56.09 points by improvement of 0.62 per cent and closed at 9,058.77 points. While KSE-30 index has closed at 9,699.04 points by increasing 47.89 points at 0.49 per cent.

Although local investors were seemed to be cautious and careful, and were trying to book profit s. But FPIs (Foreign Portfolio Investors) has injected another $28.55 million last week. Foreign investors continued to buy shares of blue chips like those of oil, banks and fertilizer sectors.

Textile and Fertilizer sectors have performed really well last week. Because of the positive news from the textile policy and a bright future ahead for the industry. And the procurement of Rabbi season has increased Urea demand.

The following factors effect market positively:

  • According to the World Bank’s latest report, Pakistan has got the top position in “Ease in doing business ranking” in Asia, and retained its 85th position in the world. This news has also attracted offshore investors to Pakistan
  • Rise in commodity prices including local cement prices, crude oil prices
  • Lower CPI figure for August at 10.69 percent on yearly basis
  • Rising auto sector growth by 23.37 percent for the first two months of 2009-10
  • Record remittances of $780 million in August and expectations of early resolution of circular debt issue

Pak PTA, Jahangir Siddiqui and Co., OGDC, National Bank, DG Cement were the volume leaders while Askari Leasing, JS Global Capital, PICT, Nishat Mills and PNSC were major gainers.

Written by: Rana Khurram

NOTE: The information posted in this blog (forum) is based on current afairs & invstors point of view. There may be discrepency in the ground realities.

Karachi Stock Exchange Sep 09, 2009

Today KSE 100 index shoot up and raised 263 points to be closed at 9084. Securities, banks and cement sector were the main areas on interest of investores. Jahangir Saddiqui Company (JSCL) is being traded much since last 2 days as extra ordinary meeting has been scheduled on September 17, 2009. Arifh Habib Securities (AHSL) is also being traded on huge volume.

Foreign investement plays very vital role in current KSE 100 index correction and it's expected to be increased gradually. So KSE seems to perform good in near future.

NOTE: The information posted in this blog (forum) is based on current afairs & invstors point of view. There may be discrepency in the ground realities.

Upcoming IPO (Nishat Chunian Power Limited)

Upcoming IPO is Nishat Chunian Power Limited. Per share value is RS 10/-. Application can be sumitted between 10-12 and 14 September 2009 during banking hours.

Karachi Stock Market Weekend Analysis September 06, 2009

After the recent bull run, KSE – 100 index has breached 9,000 points psychological level and closed on 9,002.68 after increment of 185.08 points at 2.10 percent, on the last Friday. Remember it is the highest level achieved by KSE – 100 during this year (2009). In the last week market has gained 461 points (Market closed on 8,541.22 last week) 5.4 percent on weekly basis. Remember KSE – 100 index has gained 11 percent in last two weeks. And KSE-30 index closed at 9,651.15 with a gain of 186.96 points.

The reasons for such a rise in market are:

  • Massive foreign investment in Banking, Oil & Gas Sectors. In last two weeks foreign activity was 13 percent of total volume of Karachi bourse
  • Paying ability of Pakistani market has improved after the IMF additional funding. Successful issuance of Rs 90 billion TFCs will improve financial health of various listed companies starting from oil exploration, refinery and IPP’s
  • Upward revision in sovereign credit rating of Pakistan by world renowned Standard & Poor’s (S&P) to “B-”
  • Discovery of new crude Oil and Gas reserves by OGDC. And Positive earnings outlook in oil exploration companies
  • Current corporate result season, and companies are announcing positive reports, bonuses, dividends etc. and also good reports are expected in upcoming week
  • Local investors have also invested Oil & Gas, Bank, Cement, Telecomm, Securities etc. for the profit-taking/selling with this bull run
  • Rise in cement price
  • Continuation of rebates on export refinance rates for textile sector
There is news circulating in market that if foreign investment will continue in Oil, Banks and fertilizer sectors etc. then market can touch 10,000 psychological level till Eid.

PPTA, OGDC, PTCL, DGKC, NBP, AZGARD NINE, Bank Al-Falah and Arif Habib were on top last week.

But friends be careful in this and subsequent weeks, market can be volatile. Before any investment keep in mind the following factors also:

Current result season is drawing towards end
Increase in retail prices of Petrol and Electricity in coming months
Increased political friction between PPP and MQM with PML (N) is a latent threat
A key trigger for the market will now be the Friends of Democratic Pakistan meeting in NY on 23rd September, 2009. This will be co-charied by President Obama, PM Gordon Brown with expectations of grants.

Written by: Rana Khurram

NOTE: The information posted in this blog (forum) is based on current afairs & invstors point of view. There may be discrepency in the ground realities.

KSE Weekend Report September 4, 2009

Karachi Stock Exhange is going very good since last two months and today KSE - 100 index crossed 9000 limit after a long wait of year and a half. A very huge investment is being seen in Oil and gas sector especially OGDC, Pakistan Petrolume (PPL), Meri Gas Company etc. Also other sectors like Cement and securties also get started boom. Arif Habib Securites (AHSL) is getting lead in trade now a days and it's expected to grow more and more. Azgard Nine Limited also get traded huge since last three days.

A huge investment is also coming from foriegn. This week 86.2 million dollar indcuted into KSE and this is expected to grow gradually. So this seems to be very ideal time for investment. So have a deep eye on KSE to make some money.

NOTE: The information posted in this blog (forum) is based on current afairs & invstors point of view. There may be discrepency in the ground realities.