Karachi Stock Exchange Weekly Analysis 30 January, 2011

In Karachi Stock Exchange (KSE), index performance has managed to close in green zone. And according to experts bullish trend will be witnessed in next week, because of stable interest rate. The Karachi Stock Exchange (KSE) 100-share index closed at 12,463 points by gaining 30 points or 0.24 percent.

Following news have played vital role in Karachi Stock Market index movement:

  • SBP (State Bank of Pakistan) has kept policy rates unchanged in monetary policy, although there were expectations of 50 basis points increase
  • Results of various companies have been announced which were above than expected e.g. Pakistan Petroleum Limited (PPL), Fauji Fertiliser Company (FFC), Fauji Fertiliser Bin Qasim Limited (FFBL) LOTPTA, National Refinery Limited (NRL), Attock Refinery Limited (ATRL), Allied Pakistan Limited (APL) and Pakistan Oilfields (POL)
  • Automobile sector is under pressure, as government has approved increase in age limit of used cars up to five years
  • Although DAP prices have been increased up to Rs. 100 per bag, nice results are announced by two leading fertilizer companies, investors have chosen to book profits in these companies
  • POL prices: OGRA expecting 12% increase in February

POL, ENGRO, PSO, FFBL, and NBP are top five future scrips. Nestle Pakistan, Unilever Pak Foods, Packages Ltd, Netsol Technologies and Lotte Pak PTA were major gainers while Media Times Limited, KASB Bank, K.E.S.C, Security Paper Ltd and Abbot Laboratories were major losers at KSE this week.

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

Written by: Rana Khurram

Karachi Stock Market Results January 25

INTERNATIONAL IND.(INIL)`
Profit/Loss (million): 185.833
EPS: 2.75
Bouns/Dividend: 15.00%

ATLAS HONDA(ATLH)
Profit/Loss (million): 244.010
EPS: 10.79
Bouns/Dividend: NIL

FAUJI FERTILIZER BIN QASIM(FFBL)
Profit/Loss (million): 3577.641
EPS: 6.97
Bouns/Dividend: 35.00%

KOHINOOR SUGAR(KOHS)
Profit/Loss (million): (3.072)
EPS: N/A
Bouns/Dividend: NIL

MEHRAN SUGAR(MRNS)
Profit/Loss (million): 109.569
EPS: N/A
Bouns/Dividend: 7.50%

FECTO SUGAR(FECS)
Profit/Loss (million): (32.864)
EPS: N/A
Bouns/Dividend: NIL

MITCHELL FRUIT
FARMS(MFFL)

Profit/Loss (million): 10.751
EPS: N/A
Bouns/Dividend: NIL

MEEZAN BALANCE FUND(MBF)
Profit/Loss (million): 73.200
EPS: 0.87
Bouns/Dividend: NIL

SIND ABADGAR SUGAR(SASML)
Profit/Loss (million): (22.949)
EPS: N/A
Bouns/Dividend: NIL

PAKISTAN PETROLEUM LIMITED(PPL)
Profit/Loss (million): 8828.782
EPS: 13.91
Bouns/Dividend: 50.00%

SHAHEEN INSURANCE(SHNI)
Profit/Loss (million): N/A
EPS: N/A
Bouns/Dividend: 25.00%

HINOPAK MOTORS(HINO)
Profit/Loss (million): 59.595
EPS: (5.16)
Bouns/Dividend: NIL

SIEMENS ENGINEERING(SIEM)
Profit/Loss (million): 203.349
EPS: N/A
Bouns/Dividend: NIL

LATIF JUTE(LATM)
Profit/Loss (million): (0.067)
EPS: 0.15
Bouns/Dividend: NIL

Summit Bank Limited (Formely Arif Habib Bank Ltd)(SMBL)
Profit/Loss (million): N/A
EPS: N/A
Bouns/Dividend: 20% R

MEDIA TIMES LTD.(MDTL)
Profit/Loss (million): N/A
EPS: N/A
Bouns/Dividend: 33.33% R

PANAGRIO SUGAR MILLS LTD(PNGRS)
Profit/Loss (million): (2.325)
EPS: N/A
Bouns/Dividend: NIL

MIRZA SUGAR(MZSM)
Profit/Loss (million): (11.800)
EPS: N/A
Bouns/Dividend: NIL

Karachi Stock Exchange Weekly Analysis 23 January, 2011

In Karachi Stock Exchange (KSE), index performance was bearish and has taken a nominal correction, after the consecutive nine weeks of bullish trend. And according to experts bullish trend will be witnessed in next week, because of nice corporate results are expected especially of blue chips. The Karachi Stock Exchange (KSE) 100-share index closed at 12,432 points by gaining 102 points or 0.8 per cent.

Following news have played vital role in Karachi Stock Market index movement:
  • Upcoming corporate result season will affect KSE market positively and some nice results are expected especially of blue chips e.g. PPL, POL, PARCO, NRL, APL, Lotte Pakistan PTA, FFBL and FFC.
  • Analysts are also cautious about the coming monetary policy (arriving on 29 January), and it is expected that interest rate will rise again
  • Last week there was institutional profit taking, foreign investment has decreased and macroeconomic uncertainty has increased
  • International oil prices have decreased, the news of issuing convertible bonds of OGDC, PPL and PSO during 2011 failed to gain interest of investors, and there were also rumours about shutting down of Maramzai field because of security concerns, which has badly affect oil & Gas sector
  • Investors also have some concerns about Law and order situation, target killing and now curfew in Karachi
  • Remittances push reserves to record $17.3 billion
  • FBR tax kitty up 13% at Rs. 654 billion during 1HFY11

FFC, POL, ENGRO, PSO, PPL, and NBP were on top last week. Rafhan Maize, SAPL, Colgate Palmolive, Pace (Pak) Ltd, Azgard Nine, Pakistan Refinery, Nestle Pakistan and New Jubilee Ins were major gainers while Media Times Limited, KASB Bank, Bestway Cement, Engro Polymer and E.F.U Life Assurance, Wyeth Pak, Millat Tractors and Pak Engg were major losers at KSE this week.

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

Written by: Rana Khurram

Karachi Stock Exchange Weekly Analysis 16 January, 2011

In Karachi Stock Exchange (KSE), index performance was bullish for the consecutive ninth week. And according to experts bullish spell continues in next week because of much anticipated implementation of MTS (Margin Trading System) by law ministry. The Karachi Stock Exchange (KSE) 100-share index closed at 12,534 points by gaining 145 points or 1.16 per cent.

Following news have played vital role in Karachi Stock Market index movement:

  • Investors have some concerns about Law and order situation, target killing and now curfew in Karachi
  • Upcoming corporate result season will also effect KSE market positively and some nice results expected especially of blue chips
  • Analysts are also cautious about the coming monetary policy (arriving on 29 January), and it is expected that interest rate will rise again
  • Foreign investors have also shown interest on strong valuation and did buying of worth $29.3 million, especially in banking, fertiliser, and energy scrips
  • Oil prices are increasing continuously (crossed $91 per barrel), which makes investors interest in Oil and Gas sector
  • Remittances have been reached up to $5.2 billion in 6 months
  • $66 million US aid to help in building two dams
  • Gas shortage impending industrial growth
  • Two gas wells blown up in Dera Bugti

FFC, POL, ENGRO, PSO, FFBL, Lotte Pakistan, DGKC, ANL and NBP were on top last week. Nestle Pakistan, Attock Petroleum, Rafhan Maize, Indus Motors, NetSol Technologies, Pace (Pak) ltd, Indus Motors, Pak Reinsurance, Pak Services and Millat Tractors were major gainers, while Indus dyeing, Pak Engg, Dreamworld ltd, Media Times Limited, East West Insurance, Bestway Cement, Soneri Bank and Dreamworld Ltd and Siemens Engg. were the major losers of last week.

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

Written by: Rana Khurram

Companies Results (January 15 Update)

NADEEM TEXTILE(NATM)
Profit/Loss (million): 182.350
EPS: N/A
Bouns/Dividend: NIL

Abdullah Shah Ghazi Sugar Mill(Al-Asif Sugar mil)(AGSML)
Profit/Loss (million): 11.889
EPS: 0.54
Bouns/Dividend: NIL

BAWANY SUGAR(BAWS)
Profit/Loss (million): (38.996)
EPS: (15.51)
Bouns/Dividend: NIL

SAKRAND SUGAR(SKRS)
Profit/Loss (million): 56.662
EPS: 2.08
Bouns/Dividend: NIL

COLONY SUGER MILLS LTD(CSUML)
Profit/Loss (million): 177.246
EPS: 1.19
Bouns/Dividend: NIL

CHASHMA SUGAR(CHAS)
Profit/Loss (million): 17.502
EPS: 9.89
Bouns/Dividend: 10.00%

PREMIER SUGAR(PMRS)
Profit/Loss (million): 23.175
EPS: 10.27
Bouns/Dividend: 10.00%

MITCHELL FRUIT
FARMS(MFFL)
Profit/Loss (million): 15.372
EPS: 9.22
Bouns/Dividend: 40.00%

NOON SUGAR(NONS)
Profit/Loss (million): (107.189)
EPS: (14.90)
Bouns/Dividend: NIL

CRECENT SUGAR(CSMD)
Profit/Loss (million): (64.559)
EPS: (2.62)
Bouns/Dividend: NIL

DEWAN SUGAR(DWSM)
Profit/Loss (million): 121.950
EPS: (2.29)
Bouns/Dividend: NIL

BABA FARID SUGAR(BAFS)
Profit/Loss (million): (109.998)
EPS: (33.73)
Bouns/Dividend: NIL

HUSEIN SUGAR(HUSS)
Profit/Loss (million): 59.653
EPS: (14.13)
Bouns/Dividend: NIL

J.D.W.SUGAR(JDWS)
Profit/Loss (million): 143.045
EPS: 25.32
Bouns/Dividend: 70% , 10%B

HASEEB WAQAS SUGAR(HWQS)
Profit/Loss (million): 124.740
EPS: 1.41
Bouns/Dividend: 10.00%

SANHAR SUGAR(SANSM)
Profit/Loss (million): 9.318
EPS: 11.25
Bouns/Dividend: 15.00%

ADAM SUGAR(ADAMS)
Profit/Loss (million): 34.693
EPS: 16.10
Bouns/Dividend: 25.00%

SHAHMURAD SUGAR(SHSML)
Profit/Loss (million): 21.329
EPS: 1.53
Bouns/Dividend: 10.00%

AL- NOOR SUGAR(ALNRS)
Profit/Loss (million): 117.362
EPS: 13.70
Bouns/Dividend: 50.00%

FARAN SUGAR(FRSM)
Profit/Loss (million): 7.361
EPS: 4.98
Bouns/Dividend: 25.00%

SHAHTAJ SUGAR(SHJS)
Profit/Loss (million): (20.419)
EPS: (5.77)
Bouns/Dividend: NIL

KHAIRPUR SUGAR(KPUS)
Profit/Loss (million): 29.631
EPS: 0.95
Bouns/Dividend: NIL

KOHINOOR SUGAR(KOHS)
Profit/Loss (million): (9.600)
EPS: (6.78)
Bouns/Dividend: NIL

FECTO SUGAR(FECS)
Profit/Loss (million): (5.543)
EPS: (18.45)
Bouns/Dividend: NIL

THAL IND CORPORATION(TICL)
Profit/Loss (million): 42.365
EPS: 7.93
Bouns/Dividend: 15.00%

SIND ABADGAR SUGAR(SASML)
Profit/Loss (million): 87.595
EPS: 2.08
Bouns/Dividend: 10%

HABIB SUGAR(HABSM)
Profit/Loss (million): 97.192
EPS: 4.45
Bouns/Dividend: 25% , 25% B

PANAGRIO SUGAR MILLS LTD(PNGRS)
Profit/Loss (million): (24.630)
EPS: 6.95
Bouns/Dividend: 10.00%

MIRZA SUGAR(MZSM)
Profit/Loss (million): (30.879)
EPS: 9.87
Bouns/Dividend: 10.00%

MEHRAN SUGAR(MRNS)
Profit/Loss (million): 39.300
EPS: 16.93
Bouns/Dividend: 10% , 10% B

MIRPURKAS SUGAR(MIRKS)
Profit/Loss (million): 34.221
EPS: 12.00
Bouns/Dividend: 15% , 20% B

CHENAB LIMITED(CHBL)
Profit/Loss (million): (614.162)
EPS: N/A
Bouns/Dividend: NIL

EXIDE PAKISTAN(EXIDE)
Profit/Loss (million): 72.590
EPS: 21.18
Bouns/Dividend: NIL

HONDA ATLAS CARS(HCAR)
Profit/Loss (million): (55.557)
EPS: (1.10)
Bouns/Dividend: NIL

PUNJAB MODARABA IST(FPJM)
Profit/Loss (million): (28.590)
EPS: N/A
Bouns/Dividend: NIL

BALOCHISTAN GLASS(BGL)
Profit/Loss (million): (68.083)
EPS: N/A
Bouns/Dividend: NIL

DEWAN SALMAN FIBER LTD.(DSFL)
Profit/Loss (million): (246.014)
EPS: N/A
Bouns/Dividend: NIL

HINOPAK MOTORS(HINO)
Profit/Loss (million): (34.258)
EPS: (9.97)
Bouns/Dividend: NIL

WATEEN TELECOM LIMITED(WTCL)
Profit/Loss (million): (317.270)
EPS: N/A
Bouns/Dividend: NIL

THE RESOURCE GROUP OF PAKISTAN(TRG)
Profit/Loss (million): (1.398)
EPS: N/A
Bouns/Dividend: NIL

Karachi Stock Exchange Weekly Analysis 9 January, 2011

In Karachi Stock Exchange (KSE), index performance was bullish for the consecutive eighth week. The Karachi Stock Market has reached a position which is highest since last 31 months. And according to experts bullish spell continues in next week also as the leverage product launch is expected and political uncertainty has reduced. The Karachi Stock Exchange (KSE) 100-share index closed at 12,389 points by gaining 366.58 points or 3.04 per cent.

Following news have played vital role in Karachi Stock Market index movement:

  • Political uncertainty, turmoil and instability was observed. Especially after the assassination of Governor of Punjab Salman Taseer, and ultimatum of opposition to government and MQM decided to sit on opposition benches
  • But when government reverses the petroleum prices, MQM again became the ally of government. This act has increased the confidence of investors
  • Oil & Gas sector has performed well especially OGDC and POL. There were rumours about the oil discovery in TAL block
  • Fertilizer stocks have also performed well, urea prices hike is continued
  • Moody’s maintain stable ratings for Pakistan
  • Foreign Portfolio Investors have shown positive interest especially in blue chips.

POL, Fauji Fertilizer, ENGRO, PSO and NBP were on top last week. Nestle Pakistan, Pakistan Oil Fields, Millat Tractors, National Refinery, Colgate Palmolive were major gainers, while Indus dyeing, Bata Pakistan, Pak Engg, Rafhan Maize were the major losers of last week.


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

Written by: Rana Khurram

Karachi Stock Exchange Weekly Analysis 2 January, 2011

In Karachi Stock Exchange (KSE), index performance was bullish for the consecutive seventh week. The Karachi Stock Market has crossed the psychological level of 12,000, as was expected and reached a position which is highest since July, 2008. And according to experts bullish spell continues in next week also. The Karachi Stock Exchange (KSE) 100-share index closed at 12,022.46 points by gaining 144.26 points or 1.38 per cent. And KSE – 100 index gained 28 per cent in the year 2010.

Following news have played vital role in Karachi Stock Market index movement:
  • IMF (International Monetary Fund) has approved 9 months extension in the SBA (Stand-by Arrangement) programme to allow more time to government of Pakistan to meet its conditionalities
  • Much awaited CSF (Coalition Support Fund) being reimbursed has restored confidence of investors
  • Bestway Holding has signed a share purchase agreement with ADG (Abu Dhabi Group) to purchase its 20 percent stake in UBL (United Bank Limited) at Rs. 80 per share
  • SECP (Securities and Exchange Commission of Pakistan) has reiterated that the chairman of KSE (Karachi Stock Exchange) will continue to be nominated by the apex regulator and will not be selected from among members of the exchange
  • ENGRO has announced trial productions of new Urea plant
  • Because of Urea price hike, and also speculations of earnings, FFC was major gainer
  • Bank and Oil & Gas sector has outperformed market during the week
POL, PSO, NBP, NML, MCB were on top last week. PNSC, Allied Bank Limited, Ibrahim Fibers, Faysal Bank and GlaxoSmithkline were major gainers while Royal Bank, Lakson Tobacco, Dreamworld, Lafarge Pak Cement Ltd and Security Paper Ltd were major losers last week.

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

Written by: Rana Khurram