Companies Result March 31, 2019

Highnoon Laboratories (HINOON)
Profit/Loss(million): 175.933
EPS(Quarter): 6.15
EPS(Overall): 25.37
Bonus/Dividend: 130% , 10% B

East West Insurance (EWIC)
Profit/Loss(million): -7.622
EPS(Quarter): -0.10
EPS(Overall): 1.74
Bonus/Dividend: NIL

Avanceon Limited (AVN)
Profit/Loss(million): 223.570
EPS(Quarter): 1.64
EPS(Overall): 4.24
Bonus/Dividend: 40% B

Jubilee Life Insurance Limited (JLICL)
Profit/Loss(million): 395.053
EPS(Quarter): 4.98
EPS(Overall): 30.64
Bonus/Dividend: 145%

Saif Power Limited (SPWL)
Profit/Loss(million): 715.519
EPS(Quarter): 1.85
EPS(Overall): 7.84
Bonus/Dividend: 13%

Asia Insurance Corpoaration (ASIC)
Profit/Loss(million): -16.291
EPS(Quarter): -0.27
EPS(Overall): 0.34
Bonus/Dividend: NIL

ZIL Limited (ZIL)
Profit/Loss(million): 18.905
EPS(Quarter): 3.09
EPS(Overall): 4.57
Bonus/Dividend: 15%

Habib Insurance (HICL)
Profit/Loss(million): 18.580
EPS(Quarter): 0.15
EPS(Overall): 0.85
Bonus/Dividend: 15%

Security Inv. Bank (SIBL)
Profit/Loss(million): -1.543
EPS(Quarter): -0.03
EPS(Overall): 0.33
Bonus/Dividend: NIL

Reliance Insurance (RICL)
Profit/Loss(million): -16.279
EPS(Quarter): -0.29
EPS(Overall): 0.87
Bonus/Dividend: NIL

Pak Suzuki Motor Company Limited (PSMC)
Profit/Loss(million): -94.644
EPS(Quarter): -1.15
EPS(Overall): 15.77
Bonus/Dividend: 31.60%

Efu Life Assurance (EFUL)
Profit/Loss(million): 585.924
EPS(Quarter): 5.86
EPS(Overall): 15.82
Bonus/Dividend: 112.50%

Lalpir Power Limited (LPL)
Profit/Loss(million): 68.3712
EPS(Quarter): 0.18
EPS(Overall): 1.97
Bonus/Dividend: 10%

Pakgen Power Limited (PKGP)
Profit/Loss(million): 558.122
EPS(Quarter): 1.50
EPS(Overall): 3.99
Bonus/Dividend: 15%

EFU General Insurance (EFUG)
Profit/Loss(million): 455.982
EPS(Quarter): 2.28
EPS(Overall): 10.86
Bonus/Dividend: 62.50%

Jahanger Siddiqui & Co (JSCL)
Profit/Loss(million): -174.029
EPS(Quarter): -0.19
EPS(Overall): 0.23
Bonus/Dividend: NIL

Pakistan Gum & Chemical (PGCL)
Profit/Loss(million): 18.691
EPS(Quarter): 4.40
EPS(Overall): 4.41
Bonus/Dividend: 10%

Pak Oxygen Limited (PAKOXY)
Profit/Loss(million): 101.905
EPS(Quarter): 4.07
EPS(Overall): 15.92
Bonus/Dividend: 20% , 30% B

Glaxo Healthcare Pakistan (GSKCH)
Profit/Loss(million): 486.945
EPS(Quarter): 4.16
EPS(Overall): 9.18
Bonus/Dividend: 50%

Pakistan Stock Exchange (PSX) Weekly Analysis 31 March, 2019

BUY recommendations are:  ACPL, AKBL, APL, ASTL, BAFL, BOP, DGKC, EFERT, EPCL, FFBL, GWLC, HASCOL, HBL, HUBCO, INDU, KAPCO, KOHC, LOTCHEM, LUCK, MARI, MCB, MLCF, MTL, NBP, NCL, NCPL, NML, NPL, OGDC, POL, PPL, PSO, SNGP and UBL.

Top gainers of last week were:  SNGP, MTL, BAHL, ENGRO, UBL, OGDC, DAWH, and MEBL.

Top losers of last week were: HBL, HUBCO, NESTLE, PSEL, POL, FFBL, PPL, NBP, and MLCF.

Top Volume Leaders of last week:  WTL, KEL, BOP, FCCL, and UNITY.

The Pakistan Stock Exchange (PSX) market index remained range bound throughout the week. The market gained some momentum during mid of the week owing to the news of discovery of oil fields in Pakistan. KSE-100 index closed on 38,649 by gaining 118 points or 0.3%.

According to experts of http://www.karachistockexchange.org, following news have played vital role in Karachi Stock Market index movement:


  • The State bank raised the interest rate by 50 BPS to 10.75% for the next two months
  • The Rupee also depreciated in the interbank on Friday
  • Average Trading volume increased by 52.9% WoW to 127.9 mn shares
  • IMF bailout package likely by mid-May, says finance minister: Pakistan is likely to secure a bailout package from the International Monetary Fund (IMF) of between $6 billion and $12bn by the middle of May
  • Prime Minister Imran Khan has said that a major housing project will be launched next month to provide five million housing units to the low income segments of the society
  • The government is set to list another Islamic bond of Rs200 billion in the capital market in May to bring power sector circular debt down to Rs250 billion
  • The Fertilizer, OMC, Auto and Pharmaceutical sectors were the positive contributors and added 178 points to the Index. While Power, Cement and E&P sectors were the negative contributors and declined the Index by 67 points
  • During the week, the Mutual funds, Banks, Broker Proprietary and Foreigners were the net buyers worth 11.54 Mn collectively. While the Individuals and Companies were net sellers worth 10.46 Mn collectively
  • APG dissatisfied over Pakistan’s compliance with commitments
  • Nawaz Sharif freed on bail for six weeks on medical grounds
  • Power tariff to be gradually increased by over Rs2 per unit
  • Pakistan gets $2.2 Bncommercial loan from China
  • Oil and Gas Regulatory Authority (OGRA) has moved summary the Ministry of Petroleum Division to increase petroleum product prices from April 1. Sources said the summary forwarded to the Petroleum Division recommended Rs11.92 per litre increase in petrol price, diesel Rs11.17 per litre, Kerosene Oil Rs6.65 per litre 
  • Contrary to conventions, the Ministry of Industries and Production has removed Pakistan Steel Mills (PSM) chairman and held the board meeting against the proscribed rules
  • The Securities and Exchange Commission of Pakistan (SECP) has initiated legal proceedings to wind up at least nine companies offering crypto currencies and Ponzi schemes


Following are few BUY recommendations:

Attock Cement Ltd. (ACPL) – BUY 
Current Price: PKR 8 9.2
Target Price: PKR 140.6

Askari Bank (AKBL) – BUY 
Current Price: PKR 2 0.5
Target Price: PKR 28.4

Attock Petroleum (APL) – BUY 
Current Price: PKR 398.5
Target Price: PKR 479.57

Amreli Steels Limited (ASTL) – BUY 
Current Price: PKR 43.07
Target Price: PKR 80.0

Bank Al-Falah (BAFL) – BUY 
Current Price: PKR 4 7.1
Target Price: PKR  60.1

Bank of Punjab (BOP) – BUY 
Current Price: PKR 1 3.0
Target Price: PKR 18.3

D.G. Khan Cement Co. (DGKC) – BUY 
Current Price: PKR 8 5.4
Target Price: PKR 105.00

Engro Fertilizer (EFERT) – BUY 
Current Price: PKR 7 1.6
Target Price: PKR 91.0

Engro Polymer & Chemical (EPCL) – BUY 
Current Price: PKR 3 6.3
Target Price: PKR 46.3

Fauji Fertilizer Bin Qasim (FFBL) – BUY 
Current Price: PKR 3 4.2
Target Price: PKR 43.5

Gharibwal Cement Ltd (GWLC) – BUY 
Current Price: PKR 13.43
Target Price: PKR 25

Hascol Petroleum (HASCOL) – BUY 
Current Price: PKR 129.67
Target Price: PKR 234.57

Habib Bank Limited (HBL) – BUY 
Current Price: PKR 132.5
Target Price: PKR 155.2

HUB Power Co. (HUBCO) – BUY 
Current Price: PKR 7 3.3
Target Price: PKR 136.9

Indus Motors (INDU) – BUY 
Current Price: PKR 1,304.90
Target Price: PKR 1,426.6

Kot Addu Power Co. (KAPCO) – BUY 
Current Price: PKR 4 5.3
Target Price: PKR 61.4

Kohat Cement Company (KOHC) – BUY 
Current Price: PKR 8 5.8
Target Price: PKR 111

Lotte Chemical Pak Ltd. (LOTCHEM) – BUY 
Current Price: PKR 1 4.2
Target Price: PKR 25.3

Lucky Cement (LUCK) – BUY 
Current Price: PKR 428.2
Target Price: PKR 605.8

Mari Petroleum Ltd. (MARI) – BUY 
Current Price: PKR   1 ,245.2
Target Price: PKR 1,983.6

Muslim Commercial Bank (MCB) – BUY 
Current Price: PKR   196.5
Target Price: PKR 230

Maple Leaf Cement (MLCF) – BUY 
Current Price: PKR 3 7.5
Target Price: PKR 56.6

Millat Tractors Limited (MTL) – BUY 
Current Price: PKR 895.1
Target Price: PKR 1,017

National Bank of Pakistan (NBP) – BUY 
Current Price: PKR 4 0.1
Target Price: PKR 66.51

Nishat Chunian Limited (NCL) – BUY 
Current Price: PKR 5 1.7
Target Price: PKR 67.7

Nishat Chunian Power Limited (NCPL) – BUY 
Current Price: PKR 2 1.8
Target Price: PKR 27.8

Nishat Mills (NML) – BUY 
Current Price: PKR 134.6
Target Price: PKR 166

Nishat Power Limited (NPL) – BUY 
Current Price: PKR 2 5.3
Target Price: PKR 32.5

Oil & Gas Development Co. (OGDC) – BUY 
Current Price: PKR 147.6
Target Price: PKR 190

Pakistan Oilfields (POL) – BUY 
Current Price: PKR 447.3
Target Price: PKR 593.0

Pakistan Petroleum (PPL) – BUY 
Current Price: PKR 185
Target Price: PKR 208

Pakistan State Oil (PSO) – BUY 
Current Price: PKR 216.2
Target Price: PKR 298.00

Sui Northern Gas Pipeline (SNGP) – BUY 
Current Price: PKR 7 5.1
Target Price: PKR 96.2

United Bank Limited (UBL) – BUY 
Current Price: PKR 139.5
Target Price: PKR 170.8

Thank you very much for reading this article.

NOTE: The information posted in this blog /forum (http://www.karachistockexchange.org/) is based on current affairs & investors point of view. There may be discrepancy in the ground realities. The information given in this blog /forum (http://www.karachistockexchange.org/) is as of the date of this post and there can be no assurance that future results or events will be consistent with this information. This post is provided for assistance only and is not intended to be and must not alone be taken as the basis for any investment decision. The user assumes the entire risk of any use made of this information. Each viewer of this post should make such investigation as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this post (including the merits and risks involved), and should consult his or her own advisors to determine the merits and risks of such investment. This blog /forum (http://www.karachistockexchange.org/)  or any of its affiliates shall not be in any way responsible for any loss or damage that may be arise to any person from any inadvertent error in the information contained in this post.

Written by: Rana Khuram

Pakistan Stock Exchange (PSX) Weekly Analysis 24 March, 2019

BUY recommendations are:  ACPL, AKBL, APL, ASTL, BAFL, BOP, DGKC, EFERT, FFBL, GWLC, HASCOL, HBL, HUBCO, INDU, KAPCO, KOHC, LOTCHEM, LUCK, MARI, MCB, MLCF, MTL, NBP, NCL, NCPL, NML, NPL, OGDC, POL, PPL, PSO, SNGP and UBL.

Top gainers of last week were:  PPL, MCB, HBL, POL, and OGDC.

Top losers of last week were: HUBC, SEARL, MARI, PSMC, and NESTLE.

Top Volume Leaders of last week:  BOP, PAEL, KEL, PKGP, and TRG.

The Pakistan Stock Exchange (PSX) market index rebounded by 225 points WoW after going down for six consecutive weeks. KSE-100 index closed on 38,531.87 by gaining 225 points or 0.6%.

According to experts of http://www.karachistockexchange.org, following news have played vital role in Karachi Stock Market index movement:


  • Market started on a positive note this week due to improved Current Account Deficit (CAD) numbers & some clarity on IMF bailout which led KSE-100 index to increase by ~545 points on Monday. Despite this positive news flow, political noise and lack of triggers kept the index under pressure for the next 3 trading sessions (index closed negative in 3 following sessions)
  • During the last trading session of this week, OGDC & PPL increased in range of 3-4% post statement by Prime Minister Imran Khan regarding expected Oil discovery in Kekra region
  • Pakistan has completed all procedural requirements with China for getting RMB 15 billion equivalent to $2.1 billion deposits for State Bank of Pakistan (SBP) in order to jack up foreign currency reserves at the effective rate of over 5 percent 
  • The total foreign exchange reserves of the country increased $743 million to $15.709 billion by the week ended March 15, 2019 from $14.966 billion a week ago
  • Commercial banks and E&Ps were the best performing sectors during the week, adding 278 points and 194 points to the index, respectively
  • Foreigners were net buyers of US$3.14mn vs. net selling of US$15.6mn in the last week. On the local investors’ side, Insurance Companies were net sellers of US$4.9mn
  • Pakgen Power Limited (PKGP) declared its annual result for 2018 posting an EPS of 1.51 vs. 0.84 in the same period last year, up by 80% YoY. Growth in profitability was achieved mainly due to significant increase in gross profit (GP) margin by 17ppts. PKGP has also announced a divided of Rs1.5/share for 4Q2018 
  • The Chinese government has finally offered Pakistan market access for three commodities — rice, sugar and yarn worth US$1bn for the current calendar year, as per official in the Commerce Division
  • Reserves held by the State Bank of Pakistan (SBP) jumped by US$715mn to US$8.8bn during the week ended on Mar 15, on account of US$1bn received from the UAE. Holdings of commercial banks also increased to US$6.87bn, hitting an all-time high
  • China will release US$2.1bn in commercial loan next week, as per top official of Ministry of Finance; An injection that will again push the gross official foreign currency reserves to double-digits after almost a year. Unlike past these loans are linked with Shanghai Interbank offered Rates instead of Libor making it an expensive transaction
  • China’s investment of over US$60bn in Pakistan’s infrastructure and power projects under the China-Pakistan Economic Corridor (CPEC) is expected to increase Pakistan’s economic growth by around 3.5 percentage points
  • US Dollar closed at an all time high level of Rs140.24. Dollar at inter bank raised by 75 paisa which in result adds more pressure on debt payment by Rs95bn
  • Malaysia and Pakistan signed Memoranda of Understanding (MoUs) for five "big projects", Finance Minister Asad Umar revealed during an informal discussion with journalists
  • An Islamabad accountability court summoned former president and co-chairperson of Pakistan People's Party Asif Ali Zardari, his sister Faryal Talpur, Hussain Lawai, Anwar Majeed and others, to appear in court on April 8 in the fake accounts case

Following are few BUY recommendations:

Attock Cement Ltd. (ACPL) – BUY 
Current Price: PKR 89.99
Target Price: PKR 140.6

Askari Bank (AKBL) – BUY 
Current Price: PKR 20.36
Target Price: PKR 28.4

Attock Petroleum (APL) – BUY 
Current Price: PKR 393.96
Target Price: PKR 479.57

Amreli Steels Limited (ASTL) – BUY 
Current Price: PKR 40.40
Target Price: PKR 80.0

Bank Al-Falah (BAFL) – BUY 
Current Price: PKR 47.59
Target Price: PKR  60.1

Bank of Punjab (BOP) – BUY 
Current Price: PKR 13.08
Target Price: PKR 18.3

D.G. Khan Cement Co. (DGKC) – BUY 
Current Price: PKR 85.36
Target Price: PKR 105.00

Engro Fertilizer (EFERT) – BUY 
Current Price: PKR 72.03
Target Price: PKR 91.0

Fauji Fertilizer Bin Qasim (FFBL) – BUY 
Current Price: PKR 35.53
Target Price: PKR 43.5

Gharibwal Cement Ltd (GWLC) – BUY 
Current Price: PKR 13.55
Target Price: PKR 25

Hascol Petroleum (HASCOL) – BUY 
Current Price: PKR 125.24
Target Price: PKR 234.57

Habib Bank Limited (HBL) – BUY 
Current Price: PKR 136.58
Target Price: PKR 155.2

HUB Power Co. (HUBCO) – BUY 
Current Price: PKR 76.06
Target Price: PKR 136.9

Indus Motors (INDU) – BUY 
Current Price: PKR 1,301.06
Target Price: PKR 1,426.6

Kot Addu Power Co. (KAPCO) – BUY 
Current Price: PKR 44.27
Target Price: PKR 61.4

Kohat Cement Company (KOHC) – BUY 
Current Price: PKR 86.74
Target Price: PKR 111

Lotte Chemical Pak Ltd. (LOTCHEM) – BUY 
Current Price: PKR 13.74
Target Price: PKR 25.3

Lucky Cement (LUCK) – BUY 
Current Price: PKR 429.82
Target Price: PKR 605.8

Mari Petroleum Ltd. (MARI) – BUY 
Current Price: PKR   1 ,243.37
Target Price: PKR 1,983.6

Muslim Commercial Bank (MCB) – BUY 
Current Price: PKR   196.98
Target Price: PKR 230

Maple Leaf Cement (MLCF) – BUY 
Current Price: PKR 38.74
Target Price: PKR 56.6

Millat Tractors Limited (MTL) – BUY 
Current Price: PKR 831.04
Target Price: PKR 1,017

National Bank of Pakistan (NBP) – BUY 
Current Price: PKR 40.78
Target Price: PKR 66.51

Nishat Chunian Limited (NCL) – BUY 
Current Price: PKR 51.66
Target Price: PKR 67.7

Nishat Chunian Power Limited (NCPL) – BUY 
Current Price: PKR 22.92
Target Price: PKR 27.8

Nishat Mills (NML) – BUY 
Current Price: PKR 133.20
Target Price: PKR 166

Nishat Power Limited (NPL) – BUY 
Current Price: PKR 24.07
Target Price: PKR 32.5

Oil & Gas Development Co. (OGDC) – BUY 
Current Price: PKR 145.94
Target Price: PKR 190

Pakistan Oilfields (POL) – BUY 
Current Price: PKR 453.26
Target Price: PKR 593.0

Pakistan Petroleum (PPL) – BUY 
Current Price: PKR 185.74
Target Price: PKR 208

Pakistan State Oil (PSO) – BUY 
Current Price: PKR 212.60
Target Price: PKR 298.00

Sui Northern Gas Pipeline (SNGP) – BUY 
Current Price: PKR 68.79
Target Price: PKR 96.2

United Bank Limited (UBL) – BUY 
Current Price: PKR 137.27
Target Price: PKR 170.8

Thank you very much for reading this article.

NOTE: The information posted in this blog /forum (http://www.karachistockexchange.org/) is based on current affairs & investors point of view. There may be discrepancy in the ground realities. The information given in this blog /forum (http://www.karachistockexchange.org/) is as of the date of this post and there can be no assurance that future results or events will be consistent with this information. This post is provided for assistance only and is not intended to be and must not alone be taken as the basis for any investment decision. The user assumes the entire risk of any use made of this information. Each viewer of this post should make such investigation as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this post (including the merits and risks involved), and should consult his or her own advisors to determine the merits and risks of such investment. This blog /forum (http://www.karachistockexchange.org/)  or any of its affiliates shall not be in any way responsible for any loss or damage that may be arise to any person from any inadvertent error in the information contained in this post.

Written by: Rana Khuram

Company Results - Week of March 20, 2019

Glaxo Healthcare Pakistan (GSKCH)
Profit/Loss(million): 486.945
EPS(Quarter): 4.16
EPS(Overall): 9.18
Bonus/Dividend: 50%

Askari Life Assurance (ALAC)
Profit/Loss(million): -78.825
EPS(Quarter): -1.31
EPS(Overall): -1.88
Bonus/Dividend: NIL

K.s.b.pumps (KSBP)
Profit/Loss(million): 67.584
EPS(Quarter): 5.12
EPS(Overall): 14.85
Bonus/Dividend: 30%

Askari General Insurance (AGIC)
Profit/Loss(million): 87.532
EPS(Quarter): 1.40
EPS(Overall): 4.73
Bonus/Dividend: 15% , 15% B

Premier Sugar (PMRS)
Profit/Loss(million): 31.606
EPS(Quarter): 8.43
EPS(Overall): 
Bonus/Dividend: NIL

Chashma Sugar (CHAS)
Profit/Loss(million): 69.532
EPS(Quarter): 2.42
EPS(Overall): 
Bonus/Dividend: NIL

Packages Limited (PKGS)
Profit/Loss(million): -66.140
EPS(Quarter): -0.74
EPS(Overall): 30.61
Bonus/Dividend: 150%

Apna Microfinance Bank Limited (AMBL)
Profit/Loss(million): 6.600
EPS(Quarter): 0.03
EPS(Overall): 0.24
Bonus/Dividend: NIL

Shell Pakistan (SHEL)
Profit/Loss(million): -3039.084
EPS(Quarter): -28.40
EPS(Overall): -10.30
Bonus/Dividend: NIL

Bata Pakistan Limited (BATA)
Profit/Loss(million): 709.204
EPS(Quarter): 93.81
EPS(Overall): 198.60
Bonus/Dividend: 600%

AGP Limited (AGP)
Profit/Loss(million): 252.000
EPS(Quarter): 0.90
EPS(Overall): 4.31
Bonus/Dividend: NIL

United Insurance (UNIC)
Profit/Loss(million): -27.141
EPS(Quarter): -0.12
EPS(Overall): 1.72
Bonus/Dividend: 15% B

JS Bank Limited (JSBL)
Profit/Loss(million): -207.594
EPS(Quarter): -0.16
EPS(Overall): 0.43
Bonus/Dividend: NIL

Np Spining Mills Limited (NPSM)
Profit/Loss(million): -312.938
EPS(Quarter): -21.29
EPS(Overall): -22.82
Bonus/Dividend: NIL

Bank Of Punjab (BOP)
Profit/Loss(million): 2114.954
EPS(Quarter): 0.80
EPS(Overall): 2.86
Bonus/Dividend: 7.50%

Glaxosmithkline (GLAXO)
Profit/Loss(million): 1388.516
EPS(Quarter): 4.36
EPS(Overall): 10.23
Bonus/Dividend: 70%

Clover Pakistan Limited (CLOV)
Profit/Loss(million): 95.996
EPS(Quarter): 10.18
EPS(Overall): 14.50
Bonus/Dividend: NIL

Roshan Packages Limited (RPL)
Profit/Loss(million): -23.277
EPS(Quarter): -0.16
EPS(Overall): -0.24
Bonus/Dividend: NIL

Pakistan Stock Exchange (PSX) Weekly Analysis 17 March, 2019

BUY recommendations are:  ACPL, AKBL, APL, ASTL, BAFL, BOP, DGKC, EFERT, FFBL, GWLC, HASCOL, HBL, HUBCO, INDU, KAPCO, KOHC, LOTCHEM, LUCK, MARI, MCB, MLCF, MTL, NBP, NCL, NCPL, NML, NPL, OGDC, POL, PPL, PSO, SNGP and UBL.

Top gainers of last week were:  PMPK, SHEZ, SRVI, SHFA, MARI, and BIFO.

Top losers of last week were: BATA, JLICL, LUCK, INDU, SAPL, POL, and HINO.

Top Volume Leaders of last week:  BOP, KEL, UNITY, LOTCHEM, OGDC, BAFL, PIAA, SNGPL, PAEL, and MLCF.

The Pakistan Stock Exchange (PSX) market index continued their downward slide for the sixth consecutive week. KSE-100 index closed on 38,307 by losing 643 points or -1.7%.

According to experts of http://www.karachistockexchange.org, following news have played vital role in Karachi Stock Market index movement:


  • The total liquid foreign reserves held by the country increased to $14.965 billion on March 08, 2019
  • Interloop Limited (INLO), the first public offer of shares for the current year, managed to raise Rs5.025bn in the book building process held for two days (Wednesday, Thursday) making it largest private sector Initial Public Offering (IPO) of the country
  • volumes remained subdued, with average daily traded volume for the week at 93mn (down 18% WoW)
  • Commercial Banks sector was amongst the worst performing during the week yet again, as the sector chipped away 149 points during the week
  • Exploration and Production Sector and Cements were also amongst the worst performing sectors, cumulatively dragging index down by 229 points
  • In the first four trading sessions of the week, foreigners were net sellers of US$17.7mn vs. net selling of US$3.5mn in the first four days of previous week
  • On the local investors’ side, Insurance Companies and Banks were net buyers of US$7.8mn and US$4.0mn, respectively
  • As per data published by SBP, FDI for month of Feb 2019 was recorded at US$168mn, down 49% YoY
  • The large-scale manufacturing (LSM) index witnessed negative growth of 2.3% during seven months of current fiscal year indicating that economic activities have decelerated in the country

Following are few BUY recommendations:

Attock Cement Ltd. (ACPL) – BUY 
Current Price: PKR 9 3.6
Target Price: PKR 140.6

Askari Bank (AKBL) – BUY 
Current Price: PKR 1 9.6
Target Price: PKR 28.4

Attock Petroleum (APL) – BUY 
Current Price: PKR 405.9
Target Price: PKR 479.57

Amreli Steels Limited (ASTL) – BUY 
Current Price: PKR 3 8.8
Target Price: PKR 80.0

Bank Al-Falah (BAFL) – BUY 
Current Price: PKR 4 5.7
Target Price: PKR  60.1

Bank of Punjab (BOP) – BUY 
Current Price: PKR 1 3.9
Target Price: PKR 18.3

D.G. Khan Cement Co. (DGKC) – BUY 
Current Price: PKR 8 4.8
Target Price: PKR 105.00

Engro Fertilizer (EFERT) – BUY 
Current Price: PKR 7 3.9
Target Price: PKR 91.0

Fauji Fertilizer Bin Qasim (FFBL) – BUY 
Current Price: PKR 3 8.1
Target Price: PKR 43.5

Gharibwal Cement Ltd (GWLC) – BUY 
Current Price: PKR 13.69
Target Price: PKR 25

Hascol Petroleum (HASCOL) – BUY 
Current Price: PKR 133.99
Target Price: PKR 234.57

Habib Bank Limited (HBL) – BUY 
Current Price: PKR 132.9
Target Price: PKR 155.2

HUB Power Co. (HUBCO) – BUY 
Current Price: PKR 8 2.2
Target Price: PKR 136.9

Indus Motors (INDU) – BUY 
Current Price: PKR 1,298.57
Target Price: PKR 1,426.6

Kot Addu Power Co. (KAPCO) – BUY 
Current Price: PKR 4 5.0
Target Price: PKR 61.4

Kohat Cement Company (KOHC) – BUY 
Current Price: PKR 8 5.3
Target Price: PKR 111

Lotte Chemical Pak Ltd. (LOTCHEM) – BUY 
Current Price: PKR 1 3.9
Target Price: PKR 25.3

Lucky Cement (LUCK) – BUY 
Current Price: PKR 435.1
Target Price: PKR 605.8

Mari Petroleum Ltd. (MARI) – BUY 
Current Price: PKR   1 ,299.9
Target Price: PKR 1,983.6

Muslim Commercial Bank (MCB) – BUY 
Current Price: PKR   190.7
Target Price: PKR 230

Maple Leaf Cement (MLCF) – BUY 
Current Price: PKR 3 9.0
Target Price: PKR 56.6

Millat Tractors Limited (MTL) – BUY 
Current Price: PKR 814.0
Target Price: PKR 1,017

National Bank of Pakistan (NBP) – BUY 
Current Price: PKR 4 1.1
Target Price: PKR 66.51

Nishat Chunian Limited (NCL) – BUY 
Current Price: PKR 5 0.8
Target Price: PKR 67.7

Nishat Chunian Power Limited (NCPL) – BUY 
Current Price: PKR 2 2.3
Target Price: PKR 27.8

Nishat Mills (NML) – BUY 
Current Price: PKR 134.6
Target Price: PKR 166

Nishat Power Limited (NPL) – BUY 
Current Price: PKR 2 4.0
Target Price: PKR 32.5

Oil & Gas Development Co. (OGDC) – BUY 
Current Price: PKR 142.2
Target Price: PKR 190

Pakistan Oilfields (POL) – BUY 
Current Price: PKR 432.8
Target Price: PKR 593.0

Pakistan Petroleum (PPL) – BUY 
Current Price: PKR 176.0
Target Price: PKR 208

Pakistan State Oil (PSO) – BUY 
Current Price: PKR 214.3
Target Price: PKR 298.00

Sui Northern Gas Pipeline (SNGP) – BUY 
Current Price: PKR 6 9.4
Target Price: PKR 96.2

United Bank Limited (UBL) – BUY 
Current Price: PKR 137.4
Target Price: PKR 170.8

Thank you very much for reading this article.

NOTE: The information posted in this blog /forum (http://www.karachistockexchange.org/) is based on current affairs & investors point of view. There may be discrepancy in the ground realities. The information given in this blog /forum (http://www.karachistockexchange.org/) is as of the date of this post and there can be no assurance that future results or events will be consistent with this information. This post is provided for assistance only and is not intended to be and must not alone be taken as the basis for any investment decision. The user assumes the entire risk of any use made of this information. Each viewer of this post should make such investigation as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this post (including the merits and risks involved), and should consult his or her own advisors to determine the merits and risks of such investment. This blog /forum (http://www.karachistockexchange.org/)  or any of its affiliates shall not be in any way responsible for any loss or damage that may be arise to any person from any inadvertent error in the information contained in this post.

Written by: Rana Khuram

Pakistan Stock Exchange (PSX) Weekly Analysis 9 March, 2019

BUY recommendations are:  ACPL, AKBL, APL, ASTL, BAFL, BOP, DGKC, EFERT, GWLC, HASCOL, HBL, HUBCO, INDU, KAPCO, KOHC, LOTCHEM, LUCK, MARI, MCB, MLCF, MTL, NBP, NCL, NCPL, NML, NPL, OGDC, POL, PPL, PSO, SNGP and UBL.

Top gainers of last week were:  PSMC, INDU, KAPCO, HBL, and HASCOL.

Top losers of last week were: ASTL, OGDC, HUBC, PIOC, and MCB.

Top Volume Leaders of last week:  BOP, KEL, WTL, TRG, and PAEL.

The Pakistan Stock Exchange (PSX) market index finished 1.5% lower for the week to close at 38,950pts, marking the 4th consecutive week of negative close. KSE-100 index closed on 38,950 by losing 589 points or  -1.49  %, while KSE-30 index closed on 18,580 by losing 442 points or -2.32%.

According to experts of http://www.karachistockexchange.org, following news have played vital role in Karachi Stock Market index movement:


  • Market initially reacted positively to increase in foreigners’ holding limit in PSX to 20% (Previously: 10%) however it tiptoed downwards rest of the week
  • Easing of border tensions with the neighboring country that concerned the market heading this week
  • Power Sukuk issuance of PkR200bn
  • Government acting upon banned organizations (Positive from the perspective of FATF negotiations)
  • Passing of second mini-budget, failed to generate investors’ interest in equities
  • Fundamentals that took backseat in the previous week came to haunt investor sentiments this week with disappointing Cement and OMC sales (down 19.8%YoY and 28%YoY in Feb’19 respectively)
  • Participation continues to remain dull with avg. volumes for the week standing at 114.2mn shares vs. 152.4mn shares the previous week where major participation is witnessed in BOP, due to above expectation dividend of PkR0.75/sh
  • Mutual funds continued to remain net sellers (US$10.6mn) which was absorbed by Individual and Companies with net buys of US$5.1mn and US$3.5mn respectively
  • Foreigners also trimmed their position by US$3.4mn. Sector performance can be tagged to second mini-budget announcement with Automobile assemblers leading with +5%WoW (on removal of non-filer ban) where heavy-weights witnessed shrinking market capitalization

Following are few BUY recommendations:

Attock Cement Ltd. (ACPL) – BUY 
Current Price: PKR 98.11
Target Price: PKR 140.6

Askari Bank (AKBL) – BUY 
Current Price: PKR 21.10
Target Price: PKR 28.4

Attock Petroleum (APL) – BUY 
Current Price: PKR 417.00
Target Price: PKR 479.57

Amreli Steels Limited (ASTL) – BUY 
Current Price: PKR 41.08
Target Price: PKR 80.0

Bank Al-Falah (BAFL) – BUY 
Current Price: PKR 46.62
Target Price: PKR  60.1

Bank of Punjab (BOP) – BUY 
Current Price: PKR 13.86
Target Price: PKR 18.3

D.G. Khan Cement Co. (DGKC) – BUY 
Current Price: PKR 89.67
Target Price: PKR 105.00

Engro Fertilizer (EFERT) – BUY 
Current Price: PKR 73.99
Target Price: PKR 91.0

Gharibwal Cement Ltd (GWLC) – BUY 
Current Price: PKR 15.50
Target Price: PKR 25

Hascol Petroleum (HASCOL) – BUY 
Current Price: PKR 142.26
Target Price: PKR 234.57

Habib Bank Limited (HBL) – BUY 
Current Price: PKR 135.98
Target Price: PKR 155.2

HUB Power Co. (HUBCO) – BUY 
Current Price: PKR 83.27
Target Price: PKR 136.9

Indus Motors (INDU) – BUY 
Current Price: PKR 1,390.50
Target Price: PKR 1,426.6

Kot Addu Power Co. (KAPCO) – BUY 
Current Price: PKR 46.02
Target Price: PKR 61.4

Kohat Cement Company (KOHC) – BUY 
Current Price: PKR 87.26
Target Price: PKR 111

Lotte Chemical Pak Ltd. (LOTCHEM) – BUY 
Current Price: PKR 14.78
Target Price: PKR 25.3

Lucky Cement (LUCK) – BUY 
Current Price: PKR 459.95
Target Price: PKR 605.8

Mari Petroleum Ltd. (MARI) – BUY 
Current Price: PKR   1,298.32
Target Price: PKR 1,983.6

Muslim Commercial Bank (MCB) – BUY 
Current Price: PKR   196.42
Target Price: PKR 230

Maple Leaf Cement (MLCF) – BUY 
Current Price: PKR 40.84
Target Price: PKR 56.6

Millat Tractors Limited (MTL) – BUY 
Current Price: PKR 811.12
Target Price: PKR 1,017

National Bank of Pakistan (NBP) – BUY 
Current Price: PKR 42.36
Target Price: PKR 66.51

Nishat Chunian Limited (NCL) – BUY 
Current Price: PKR 52.16
Target Price: PKR 67.7

Nishat Chunian Power Limited (NCPL) – BUY 
Current Price: PKR 22.80
Target Price: PKR 27.8

Nishat Mills (NML) – BUY 
Current Price: PKR 137.98
Target Price: PKR 166

Nishat Power Limited (NPL) – BUY 
Current Price: PKR 24.00
Target Price: PKR 32.5

Oil & Gas Development Co. (OGDC) – BUY 
Current Price: PKR 145.08
Target Price: PKR 190

Pakistan Oilfields (POL) – BUY 
Current Price: PKR 470.39
Target Price: PKR 593.0

Pakistan Petroleum (PPL) – BUY 
Current Price: PKR 178.10
Target Price: PKR 208

Pakistan State Oil (PSO) – BUY 
Current Price: PKR 221.26
Target Price: PKR 298.00

Sui Northern Gas Pipeline (SNGP) – BUY 
Current Price: PKR 73.59
Target Price: PKR 96.2

United Bank Limited (UBL) – BUY 
Current Price: PKR 137.44
Target Price: PKR 170.8

Thank you very much for reading this article.

NOTE: The information posted in this blog /forum (http://www.karachistockexchange.org/) is based on current affairs & investors point of view. There may be discrepancy in the ground realities. The information given in this blog /forum (http://www.karachistockexchange.org/) is as of the date of this post and there can be no assurance that future results or events will be consistent with this information. This post is provided for assistance only and is not intended to be and must not alone be taken as the basis for any investment decision. The user assumes the entire risk of any use made of this information. Each viewer of this post should make such investigation as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this post (including the merits and risks involved), and should consult his or her own advisors to determine the merits and risks of such investment. This blog /forum (http://www.karachistockexchange.org/)  or any of its affiliates shall not be in any way responsible for any loss or damage that may be arise to any person from any inadvertent error in the information contained in this post.

Written by: Rana Khuram

Company Results Until March 4, 2019

Bank Of Punjab (BOP)
Profit/Loss(million): 2114.954
EPS(Quarter): 0.80
EPS(Overall): 2.86
Bonus/Dividend: 7.50%

Glaxosmithkline (GLAXO)
Profit/Loss(million): 1388.516
EPS(Quarter): 4.36
EPS(Overall): 10.23
Bonus/Dividend: 70%

Clover Pakistan Limited (CLOV)
Profit/Loss(million): 95.996
EPS(Quarter): 10.18
EPS(Overall): 14.50
Bonus/Dividend: NIL

Roshan Packages Limited (RPL)
Profit/Loss(million): -23.277
EPS(Quarter): -0.16
EPS(Overall): -0.24
Bonus/Dividend: NIL

AMTEX Limited (AMTEX)
Profit/Loss(million): -85.841
EPS(Quarter): -0.33
EPS(Overall): -0.67
Bonus/Dividend: NIL

Indus Dyeing (IDYM)
Profit/Loss(million): 298.247
EPS(Quarter): 16.51
EPS(Overall): 57.61
Bonus/Dividend: NIL

Bank Of Khyber (BOK)
Profit/Loss(million): -460.717
EPS(Quarter): -0.46
EPS(Overall): 0.47
Bonus/Dividend: NIL

Colony Textile Mills Limited (CTM)
Profit/Loss(million): 445.969
EPS(Quarter): 0.90
EPS(Overall): 0.93
Bonus/Dividend: NIL

Sunrays Tex (SUTM)
Profit/Loss(million): 112.953
EPS(Quarter): 16.37
EPS(Overall): 39.94
Bonus/Dividend: NIL

I.c.c.tex (ICCT)
Profit/Loss(million): 44.205
EPS(Quarter): 1.47
EPS(Overall): 0.73
Bonus/Dividend: NIL

Sanofi-aventis Pharmaceutical Pakistan Limited (SAPL)
Profit/Loss(million): 24.7748
EPS(Quarter): 2.57
EPS(Overall): 63.57
Bonus/Dividend: 300%

Bankislami Pakistan (BIPL)
Profit/Loss(million): 110.870
EPS(Quarter): 0.11
EPS(Overall): 0.21
Bonus/Dividend: NIL

Dadabhoy Sack (DDSL)
Profit/Loss(million): -1.661
EPS(Quarter): -0.42
EPS(Overall): -1.45
Bonus/Dividend: NIL

Dadabhoy Cement Industries (DDCI)
Profit/Loss(million): -15.889
EPS(Quarter): -0.16
EPS(Overall): -0.18
Bonus/Dividend: NIL

Kohinoor Spinning (KOSM)
Profit/Loss(million): -165.281
EPS(Quarter): -0.77
EPS(Overall): -1.04
Bonus/Dividend: NIL

Tri-stab Mod.ist (FTSM)
Profit/Loss(million): -3.653
EPS(Quarter): -0.17
EPS(Overall): -0.15
Bonus/Dividend: NIL

Ravi Textiles (RAVT)
Profit/Loss(million): -2.777
EPS(Quarter): -0.11
EPS(Overall): -0.28
Bonus/Dividend: NIL

Salman Noman Enterprises (SANE)
Profit/Loss(million): -21.965
EPS(Quarter): -4.91
EPS(Overall): -9.50
Bonus/Dividend: NIL

Yousaf Weaving (YOUW)
Profit/Loss(million): -33.756
EPS(Quarter): -0.38
EPS(Overall): -0.99
Bonus/Dividend: NIL

Chakwal (CWSM)
Profit/Loss(million): -24.58
EPS(Quarter): -0.61
EPS(Overall): -1.29
Bonus/Dividend: NIL

Pakistan Stock Exchange (PSX) Weekly Analysis 3 March, 2019

BUY recommendations are:  ACPL, AKBL, APL, ASTL, BAFL, BOP, DGKC, EFERT, GWLC, HASCOL, HBL, HUBCO, INDU, KAPCO, KOHC, LOTCHEM, LUCK, MARI, MCB, MLCF, MTL, NBP, NCL, NCPL, NML, NPL, OGDC, POL, PPL, PSO, SNGP and UBL.

Top gainers of last week were:  PAKT, DAWH, HBL, GWLC, PSMC, FFC, ENGRO, MEBL, and BAHL.

Top losers of last week were: ASTL, EFOODS, HASCOL, PIOC, FFBL, LUCK, MCB, PPL, NESTLE, and UBL.

Top Volume Leaders of last week:  BOP, KEL, PIBTL, EPCL, and PAEL.

The Pakistan Stock Exchange (PSX) market index movement were largely reflective of the geo-political tensions following the border skirmishes between Pakistan and India. KSE-100 index closed on 39,539 by losing 477 points or -1.19 %, while KSE-30 index closed on 19,022 by losing 268 points or -1.39 %.

According to experts of http://www.karachistockexchange.org, following news have played vital role in Karachi Stock Market index movement:


  • Violation of LoC by Indian aircraft and escalation of cross-border tension, as Pakistan reportedly brought down two IAF jets in a brief engagement
  • PM offering peace talks to India while announcing release of captured Indian pilot
  • Sector‐wise the worst performers for the week were Cements, E&P’s and OMC’s as they chipped away 254 points, cumulatively. While on the other hand the Tobacco sector offered the index some respite as it added 92 points
  • Foreigners were net sellers of US$1 3mn vs net buyers of US$3 5mn in the previous week this ended their six consecutive‐weeks of net buying. While on the local investors’ side, Individuals and Mutual Funds were net sellers of US$21.3mn
  • In the wake of volatility, avg volume at the bourse also increased and stood at 152mn, up 45%WoW
  • Mughal Iron & Steel Ltd (MUGHAL) released its 2QFY19 results, recording an EPS of Rs1.43, up 15% YoY. This was because of 39% YoY increase in sales and a 33% YoY decline in sales and marketing expenses
  • Reserves held by the State Bank of Pakistan decreased by a marginal US$6mn to US$8.04bn during the week ended on Feb 22. Holdings of the commercial banks were recorded at US$6.78bn while total liquid reserves of the country stood at US$14.82bn
  • The Federal Board of Revenue (FBR) missed collections target by Rs235bn during the first eight months of current fiscal year, according to provisional figures released
  • The lawmakers expressed concern over problems being faced by the common people because of an ongoing tussle in the state‐run insurance company and criticized the Federal Board of Revenue (FBR) for seeking approval of half‐cooked development projects without setting priorities right
  • Oil prices increasing after OPEC's statement to continue oil output cuts
  • Fitch expecting a US$12bn IMF bailout for Pakistan


Following are few BUY recommendations:

Attock Cement Ltd. (ACPL) – BUY 
Current Price: PKR 100.40
Target Price: PKR 140.6

Askari Bank (AKBL) – BUY 
Current Price: PKR 22.02
Target Price: PKR 28.4

Attock Petroleum (APL) – BUY 
Current Price: PKR 419.01
Target Price: PKR 479.57

Amreli Steels Limited (ASTL) – BUY 
Current Price: PKR 43.41
Target Price: PKR 80.0

Bank Al-Falah (BAFL) – BUY 
Current Price: PKR 48.07
Target Price: PKR  60.1

Bank of Punjab (BOP) – BUY 
Current Price: PKR 12.79
Target Price: PKR 18.3

D.G. Khan Cement Co. (DGKC) – BUY 
Current Price: PKR 92.39
Target Price: PKR 105.00

Engro Fertilizer (EFERT) – BUY 
Current Price: PKR 74.30
Target Price: PKR 91.0

Gharibwal Cement Ltd (GWLC) – BUY 
Current Price: PKR 16.24
Target Price: PKR 25

Hascol Petroleum (HASCOL) – BUY 
Current Price: PKR 142.43
Target Price: PKR 234.57

Habib Bank Limited (HBL) – BUY 
Current Price: PKR 135.35
Target Price: PKR 155.2

HUB Power Co. (HUBCO) – BUY 
Current Price: PKR 87.50
Target Price: PKR 136.9

Indus Motors (INDU) – BUY 
Current Price: PKR 1,244.79
Target Price: PKR 1,426.6

Kot Addu Power Co. (KAPCO) – BUY 
Current Price: PKR 45.69
Target Price: PKR 61.4

Kohat Cement Company (KOHC) – BUY 
Current Price: PKR 90.76
Target Price: PKR 111

Lotte Chemical Pak Ltd. (LOTCHEM) – BUY 
Current Price: PKR 14.54
Target Price: PKR 25.3

Lucky Cement (LUCK) – BUY 
Current Price: PKR 469.61
Target Price: PKR 605.8

Mari Petroleum Ltd. (MARI) – BUY 
Current Price: PKR   1,333.50
Target Price: PKR 1,983.6

Muslim Commercial Bank (MCB) – BUY 
Current Price: PKR   206.02
Target Price: PKR 230

Maple Leaf Cement (MLCF) – BUY 
Current Price: PKR 41.65
Target Price: PKR 56.6

Millat Tractors Limited (MTL) – BUY 
Current Price: PKR 826.75
Target Price: PKR 1,017

National Bank of Pakistan (NBP) – BUY 
Current Price: PKR 42.86
Target Price: PKR 66.51

Nishat Chunian Limited (NCL) – BUY 
Current Price: PKR 53.53
Target Price: PKR 67.7

Nishat Chunian Power Limited (NCPL) – BUY 
Current Price: PKR 22.20
Target Price: PKR 27.8

Nishat Mills (NML) – BUY 
Current Price: PKR 139.57
Target Price: PKR 166

Nishat Power Limited (NPL) – BUY 
Current Price: PKR 24.25
Target Price: PKR 32.5

Oil & Gas Development Co. (OGDC) – BUY 
Current Price: PKR 153.25
Target Price: PKR 190

Pakistan Oilfields (POL) – BUY 
Current Price: PKR 473.22
Target Price: PKR 593.0

Pakistan Petroleum (PPL) – BUY 
Current Price: PKR 186.00
Target Price: PKR 208

Pakistan State Oil (PSO) – BUY 
Current Price: PKR 229.42
Target Price: PKR 298.00

Sui Northern Gas Pipeline (SNGP) – BUY 
Current Price: PKR 74.58
Target Price: PKR 96.2

United Bank Limited (UBL) – BUY 
Current Price: PKR 139.25
Target Price: PKR 170.8

Thank you very much for reading this article.

NOTE: The information posted in this blog /forum (http://www.karachistockexchange.org/) is based on current affairs & investors point of view. There may be discrepancy in the ground realities. The information given in this blog /forum (http://www.karachistockexchange.org/) is as of the date of this post and there can be no assurance that future results or events will be consistent with this information. This post is provided for assistance only and is not intended to be and must not alone be taken as the basis for any investment decision. The user assumes the entire risk of any use made of this information. Each viewer of this post should make such investigation as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this post (including the merits and risks involved), and should consult his or her own advisors to determine the merits and risks of such investment. This blog /forum (http://www.karachistockexchange.org/)  or any of its affiliates shall not be in any way responsible for any loss or damage that may be arise to any person from any inadvertent error in the information contained in this post.

Written by: Rana Khuram

Companies Results until Feb 26, 2019

Al-Abid Silk (AASM)
Profit/Loss(million): -10.013
EPS(Quarter): -0.75
EPS(Overall): -3.88
Bonus/Dividend: NIL

F Treet Manufacturing Modaraba (FTMM)
Profit/Loss(million): -771.476
EPS(Quarter): -3.94
EPS(Overall): -5.21
Bonus/Dividend: NIL

Nagina Cotton Mills Limited (NAGC)
Profit/Loss(million): 35.206
EPS(Quarter): 1.88
EPS(Overall): 7.88
Bonus/Dividend: NIL

Bawany Air Products Limited (BAPL)
Profit/Loss(million): -3.817
EPS(Quarter): -0.51
EPS(Overall): -0.95
Bonus/Dividend: NIL

United Dist.pakistan (UDPL)
Profit/Loss(million): 27.000
EPS(Quarter): 0.88
EPS(Overall): 1.31
Bonus/Dividend: NIL

Ghani Global Glass Limited (GGGL)
Profit/Loss(million): -24.998
EPS(Quarter): -0.25
EPS(Overall): -0.62
Bonus/Dividend: NIL

Nishat Mills Limited (NML)
Profit/Loss(million): 2099.974
EPS(Quarter): 5.97
EPS(Overall): 8.80
Bonus/Dividend: NIL

Nadeem Textile (NATM)
Profit/Loss(million): 14.664
EPS(Quarter): 0.76
EPS(Overall): 8.06
Bonus/Dividend: NIL

Pakistan PVC Limited (PPVC)
Profit/Loss(million): -3.687
EPS(Quarter): -0.25
EPS(Overall): -0.54
Bonus/Dividend: NIL

Ahmed Hassan Textiles (AHTM)
Profit/Loss(million): -1.231
EPS(Quarter): -0.09
EPS(Overall): 0.96
Bonus/Dividend: NIL

Service Fabrics Limited (SERF)
Profit/Loss(million): -0.363
EPS(Quarter): -0.02
EPS(Overall): -0.04
Bonus/Dividend: NIL

SFL Limited (SFLL)
Profit/Loss(million): 0.201
EPS(Quarter): 0.01
EPS(Overall): -0.07
Bonus/Dividend: NIL

Bilal Fibre (BILF)
Profit/Loss(million): -3.862
EPS(Quarter): -0.27
EPS(Overall): -1.34
Bonus/Dividend: NIL

Al-Shaheer Corporation (ASC)
Profit/Loss(million): 80.555
EPS(Quarter): 0.57
EPS(Overall): 0.63
Bonus/Dividend: NIL

Elahi Cotton (ELCM)
Profit/Loss(million): -0.66
EPS(Quarter): -0.51
EPS(Overall): -0.23
Bonus/Dividend: NIL

Paramount Mod.ist (FPRM)
Profit/Loss(million): 1.353
EPS(Quarter): 0.10
EPS(Overall): 0.11
Bonus/Dividend: NIL

Media Times Limited (MDTL)
Profit/Loss(million): -127.593
EPS(Quarter): -0.71
EPS(Overall): -0.75
Bonus/Dividend: NIL

Gillette Pakistan (GLPL)
Profit/Loss(million): 17.258
EPS(Quarter): 0.90
EPS(Overall): 0.94
Bonus/Dividend: NIL

Reliance Cotton (RCML)
Profit/Loss(million): 96.198
EPS(Quarter): 9.35
EPS(Overall): 22.44
Bonus/Dividend: NIL

Janana De Malucho (JDMT)
Profit/Loss(million): 0.358
EPS(Quarter): 0.07
EPS(Overall): 1.45
Bonus/Dividend: NIL

Mahmood Tex (MEHT)
Profit/Loss(million): -40.717
EPS(Quarter): -2.71
EPS(Overall): 8.83
Bonus/Dividend: NIL

Arpak International Investment Limited (ARPAK)
Profit/Loss(million): -1.669
EPS(Quarter): -0.42
EPS(Overall): -0.52
Bonus/Dividend: NIL

Olympia Mills Limited (OML)
Profit/Loss(million): 9.033
EPS(Quarter): 0.75
EPS(Overall): 0.69
Bonus/Dividend: NIL

Nestle Pakistan Limited (NESTLE)
Profit/Loss(million): 2915.979
EPS(Quarter): 64.30
EPS(Overall): 254.57
Bonus/Dividend: 630%

Habib Arkady (HAL)
Profit/Loss(million): 23.46
EPS(Quarter): 0.59
EPS(Overall): 1.16
Bonus/Dividend: NIL

Shadab Tex (SHDT)
Profit/Loss(million): -6.442
EPS(Quarter): -2.15
EPS(Overall): 6.17
Bonus/Dividend: NIL

Equity Mod. Ist (FEM)
Profit/Loss(million): -0.643
EPS(Quarter): -0.012
EPS(Overall): -0.010
Bonus/Dividend: NIL

Kohat Tex (KOHTM)
Profit/Loss(million): -8.986
EPS(Quarter): -0.43
EPS(Overall): 1.81
Bonus/Dividend: NIL

Ghani Glass (GHGL)
Profit/Loss(million): 1213.898
EPS(Quarter): 2.91
EPS(Overall): 4.12
Bonus/Dividend: NIL

Drekkar Kingsway Limited (DKL)
Profit/Loss(million): -0.369
EPS(Quarter): -0.04
EPS(Overall): -0.07
Bonus/Dividend: NIL

Pak Leather Crafts (PAKL)
Profit/Loss(million): 2.507
EPS(Quarter): 0.74
EPS(Overall): 0.28
Bonus/Dividend: NIL

Al-noor Modarab 1st (FANM)
Profit/Loss(million): -3.303
EPS(Quarter): -0.16
EPS(Overall): -0.20
Bonus/Dividend: NIL

Hafiz Limited (HAFL)
Profit/Loss(million): 1.099
EPS(Quarter): 0.92
EPS(Overall): 1.23
Bonus/Dividend: NIL

Matco Foods Limited (MFL)
Profit/Loss(million): 101.213
EPS(Quarter): 0.83
EPS(Overall): 1.26
Bonus/Dividend: NIL

Shataj Textiles (STJT)
Profit/Loss(million): 52.304
EPS(Quarter): 5.41
EPS(Overall): 5.43
Bonus/Dividend: NIL

Data Agro Limited (DAAG)
Profit/Loss(million): -3.481
EPS(Quarter): -0.87
EPS(Overall): -0.36
Bonus/Dividend: NIL

Treet Corporation Limited (TREET)
Profit/Loss(million): 20.892
EPS(Quarter): 0.13
EPS(Overall): 0.40
Bonus/Dividend: NIL

Johnson & Phillips (JOPP)
Profit/Loss(million): -9.353
EPS(Quarter): -1.72
EPS(Overall): -2.89
Bonus/Dividend: NIL

Dera Ghazi Khan Cement Company Limited (DGKC)
Profit/Loss(million): 1323.966
EPS(Quarter): 3.02
EPS(Overall): 3.97
Bonus/Dividend: NIL

Reliance Weaving (REWM)
Profit/Loss(million): 68.339
EPS(Quarter): 2.22
EPS(Overall): 6.50
Bonus/Dividend: NIL

Pakistan Synthtics (PSYL)
Profit/Loss(million): -136.793
EPS(Quarter): -2.44
EPS(Overall): -1.64
Bonus/Dividend: NIL

Ellcot Spinning Mills Limited (ELSM)
Profit/Loss(million): 18.936
EPS(Quarter): 1.73
EPS(Overall): 5.72
Bonus/Dividend: NIL

Sapphire Textiles (SAPT)
Profit/Loss(million): 605.821
EPS(Quarter): 30.17
EPS(Overall): 55.43
Bonus/Dividend: NIL

Sargodha Spinning (SRSM)
Profit/Loss(million): -0.625
EPS(Quarter): -0.02
EPS(Overall): -0.19
Bonus/Dividend: NIL

Burshane LPG Limited (BPL)
Profit/Loss(million): 20.423
EPS(Quarter): 0.90
EPS(Overall): 1.58
Bonus/Dividend: NIL

First Credit & Investment Bank Limited (FCIBL)
Profit/Loss(million): 3.864
EPS(Quarter): 0.06
EPS(Overall): 0.14
Bonus/Dividend: NIL

Saif Textiles (SAIF)
Profit/Loss(million): -94.745
EPS(Quarter): -3.59
EPS(Overall): -1.75
Bonus/Dividend: NIL

Pioneer Cement (PIOC)
Profit/Loss(million): 268.993
EPS(Quarter): 1.18
EPS(Overall): 2.32
Bonus/Dividend: NIL

Ghani Value Glass Limited (GVGL)
Profit/Loss(million): 101.777
EPS(Quarter): 2.72
EPS(Overall): 3.22
Bonus/Dividend: NIL

First Fidelity Leasing Modaraba (FFLM)
Profit/Loss(million): -0.793
EPS(Quarter): -0.03
EPS(Overall): 0.01
Bonus/Dividend: NIL

Prosperity Weaving Mills Limited (PRWM)
Profit/Loss(million): 61.608
EPS(Quarter): 3.33
EPS(Overall): 3.39
Bonus/Dividend: NIL

Diamond Industries (DIIL)
Profit/Loss(million): -1.745
EPS(Quarter): -0.19
EPS(Overall): -2.56
Bonus/Dividend: NIL

United Brands Limited (UBDL)
Profit/Loss(million): -88.484
EPS(Quarter): -0.96
EPS(Overall): -0.89
Bonus/Dividend: NIL

Pakistan Services Limited (PSEL)
Profit/Loss(million): -62.313
EPS(Quarter): -1.92
EPS(Overall): -12.92
Bonus/Dividend: NIL

Buxly Paints (BUXL)
Profit/Loss(million): -4.918
EPS(Quarter): -3.42
EPS(Overall): -6.15
Bonus/Dividend: NIL

Pak Gulf Leasing (PGLC)
Profit/Loss(million): 9.342
EPS(Quarter): 0.37
EPS(Overall): 1.08
Bonus/Dividend: NIL

Agriautos Industries Limited (AGIL)
Profit/Loss(million): 128.551
EPS(Quarter): 4.46
EPS(Overall): 8.64
Bonus/Dividend: 60%

Dewan Cement Limited (DCL)
Profit/Loss(million): 143.697
EPS(Quarter): 0.30
EPS(Overall): 0.68
Bonus/Dividend: NIL

Javedan Cement (JVDC)
Profit/Loss(million): 29.869
EPS(Quarter): 0.10
EPS(Overall): 0.42
Bonus/Dividend: NIL

Dewan Salman Fiber Limited (DSFL)
Profit/Loss(million): -550.336
EPS(Quarter): -1.50
EPS(Overall): -2.22
Bonus/Dividend: NIL

Dewan Automotive Engineering (DWAE)
Profit/Loss(million): -21.523
EPS(Quarter): -1.01
EPS(Overall): -1.50
Bonus/Dividend: NIL

Artistic Denim Mills (ADMM)
Profit/Loss(million): 191.091
EPS(Quarter): 2.27
EPS(Overall): 3.23
Bonus/Dividend: NIL

The Resource Group Of Pakistan (TRG)
Profit/Loss(million): -137.425
EPS(Quarter): -0.25
EPS(Overall): -0.22
Bonus/Dividend: NIL

Karam Ceramics (KCL)
Profit/Loss(million): 7.461
EPS(Quarter): 0.51
EPS(Overall): 1.21
Bonus/Dividend: NIL

SG Fiber (SGABL)
Profit/Loss(million): -11.108
EPS(Quarter): -0.74
EPS(Overall): -0.52
Bonus/Dividend: NIL

Ideal Spinning (IDSM)
Profit/Loss(million): 18.033
EPS(Quarter): 1.82
EPS(Overall): 3.15
Bonus/Dividend: NIL

Al-Khair Gadoon Limited (AKGL)
Profit/Loss(million): 3.81
EPS(Quarter): 0.38
EPS(Overall): 0.65
Bonus/Dividend: NIL

Haji Mohammad Ismail (HMIM)
Profit/Loss(million): -0.636
EPS(Quarter): -0.05
EPS(Overall): -0.22
Bonus/Dividend: NIL

BYCO Petroleum Pakistan Limited (BYCO)
Profit/Loss(million): -307.316
EPS(Quarter): -0.06
EPS(Overall): 0.01
Bonus/Dividend: NIL

Pak Hotels Developers (PHDL)
Profit/Loss(million): 55.788
EPS(Quarter): 3.10
EPS(Overall): 2.88
Bonus/Dividend: NIL

Fateh Sports Wear (FSWL)
Profit/Loss(million): -0.266
EPS(Quarter): -0.13
EPS(Overall): -0.31
Bonus/Dividend: NIL

Fateh Industries Limited (FIL)
Profit/Loss(million): -0.934
EPS(Quarter): -0.47
EPS(Overall): -0.82
Bonus/Dividend: NIL

Indus Motor (INDU)
Profit/Loss(million): 3403.821
EPS(Quarter): 43.31
EPS(Overall): 87.94
Bonus/Dividend: 250%

Bhanero (BHAT)
Profit/Loss(million): 332.287
EPS(Quarter): 110.76
EPS(Overall): 148.23
Bonus/Dividend: NIL

Century Paper & Board Mills Limited (CEPB)
Profit/Loss(million): 283.923
EPS(Quarter): 1.93
EPS(Overall): 3.32
Bonus/Dividend: NIL

S.g. Power (SGPL)
Profit/Loss(million): 0.116
EPS(Quarter): 0.01
EPS(Overall): 0.01
Bonus/Dividend: NIL

Escorts Investment Bank (ESBL)
Profit/Loss(million): 0.181
EPS(Quarter): 0.00
EPS(Overall): -0.74
Bonus/Dividend: NIL

Mian Textile (MTIL)
Profit/Loss(million): -5.339
EPS(Quarter): -0.24
EPS(Overall): -0.52
Bonus/Dividend: NIL

Hamid Textile Mills Limited (HATM)
Profit/Loss(million): -4.853
EPS(Quarter): -0.37
EPS(Overall): -0.74
Bonus/Dividend: NIL

Azgard Nine Limited (ANL)
Profit/Loss(million): -3.135
EPS(Quarter): -0.01
EPS(Overall): -0.03
Bonus/Dividend: NIL

Pakistan National Shipping Corp. (PNSC)
Profit/Loss(million): 112.487
EPS(Quarter): 0.85
EPS(Overall): 1.27
Bonus/Dividend: NIL

At-Tahur Limited (PREMA)
Profit/Loss(million): 86.826
EPS(Quarter): 0.59
EPS(Overall): 0.85
Bonus/Dividend: NIL

Ghazi Fabrics (GFIL)
Profit/Loss(million): 0.158
EPS(Quarter): 0.00
EPS(Overall): -1.28
Bonus/Dividend: NIL

Blessed Textiles Limited (BTL)
Profit/Loss(million): 106.709
EPS(Quarter): 16.60
EPS(Overall): 32.34
Bonus/Dividend: NIL

Jubilee Spinning (JUBS)
Profit/Loss(million): 2.925
EPS(Quarter): 0.09
EPS(Overall): 0.26
Bonus/Dividend: NIL

Suhail Jute (SUHJ)
Profit/Loss(million): -8.59
EPS(Quarter): -2.30
EPS(Overall): -5.02
Bonus/Dividend: NIL

Punjab Oil Mills Limited (POML)
Profit/Loss(million): 57.558
EPS(Quarter): 10.68
EPS(Overall): 13.93
Bonus/Dividend: NIL

Dawood Equities Limited (DEL)
Profit/Loss(million): 6.579
EPS(Quarter): 0.26
EPS(Overall): 0.47
Bonus/Dividend: NIL

Next Capital Limited (NEXT)
Profit/Loss(million): 8.8
EPS(Quarter): 0.20
EPS(Overall): 0.13
Bonus/Dividend: NIL

Crescent Jute (CJPL)
Profit/Loss(million): -21.422
EPS(Quarter): -0.90
EPS(Overall): -1.29
Bonus/Dividend: NIL

Idrees Tex. (IDRT)
Profit/Loss(million): 3.133
EPS(Quarter): 0.16
EPS(Overall): 0.54
Bonus/Dividend: NIL

Habib Modaraba Ist (FHAM)
Profit/Loss(million): 83.262
EPS(Quarter): 0.41
EPS(Overall): 0.74
Bonus/Dividend: NIL

Trust Mod (TRSM)
Profit/Loss(million): 0.732
EPS(Quarter): 0.02
EPS(Overall): 0.07
Bonus/Dividend: NIL

Toweller Limited (TOWL)
Profit/Loss(million): 133.029
EPS(Quarter): 7.83
EPS(Overall): 10.90
Bonus/Dividend: NIL

Murree Brewery (MUREB)
Profit/Loss(million): 295.248
EPS(Quarter): 10.67
EPS(Overall): 23.78
Bonus/Dividend: 100%

Baifo Industries (BIFO)
Profit/Loss(million): 77.078
EPS(Quarter): 2.92
EPS(Overall): 6.99
Bonus/Dividend: 32.50%

Faisal Spinning Mills Limited (FASM)
Profit/Loss(million): 155.655
EPS(Quarter): 15.57
EPS(Overall): 31.10
Bonus/Dividend: NIL

Shiffi Chemical Industries Limited (SHCI)
Profit/Loss(million): -4.21
EPS(Quarter): -0.35
EPS(Overall): -0.09
Bonus/Dividend: NIL

Habib Metro Modaraba (HMM)
Profit/Loss(million): 1.874
EPS(Quarter): 0.06
EPS(Overall): 0.04
Bonus/Dividend: NIL

Sardar Chemical Limited (SARC)
Profit/Loss(million): 4.264
EPS(Quarter): 0.71
EPS(Overall): 1.18
Bonus/Dividend: NIL

Shifa Int. Hospital (SHFA)
Profit/Loss(million): 167.271
EPS(Quarter): 3.07
EPS(Overall): 5.52
Bonus/Dividend: NIL

Ferozsons Laboratories Limited (FEROZ)
Profit/Loss(million): 76.952
EPS(Quarter): 2.55
EPS(Overall): 4.69
Bonus/Dividend: 20%

Feroze 1888 Mills Limited (FML)
Profit/Loss(million): 1511.62
EPS(Quarter): 4.01
EPS(Overall): 5.99
Bonus/Dividend: 30%

Ecopack Limited (ECOP)
Profit/Loss(million): -68.372
EPS(Quarter): -1.97
EPS(Overall): -2.39
Bonus/Dividend: NIL

Saritow Spinning (SSML)
Profit/Loss(million): -15.374
EPS(Quarter): -0.52
EPS(Overall): 0.05
Bonus/Dividend: NIL

Rupali Polyester (RUPL)
Profit/Loss(million): 10.68
EPS(Quarter): 0.31
EPS(Overall): 0.71
Bonus/Dividend: NIL

Fecto Cement (FECTC)
Profit/Loss(million): 68.396
EPS(Quarter): 1.36
EPS(Overall): 2.10
Bonus/Dividend: NIL

KASB Modaraba (KASBM)
Profit/Loss(million): 2.746
EPS(Quarter): 0.06
EPS(Overall): 0.09
Bonus/Dividend: NIL

Prudential Mod .ist (PMI)
Profit/Loss(million): 1.949
EPS(Quarter): 0.02
EPS(Overall): 0.03
Bonus/Dividend: NIL

Pak Modaraba Ist (PAKMI)
Profit/Loss(million): 0.271
EPS(Quarter): 0.02
EPS(Overall): 0.09
Bonus/Dividend: NIL

Pakistan Tobacco (PAKT)
Profit/Loss(million): 1039.859
EPS(Quarter): 4.07
EPS(Overall): 40.46
Bonus/Dividend: 220%

Trust Securities & Brokerage Limited (TSBL)
Profit/Loss(million): 0.444
EPS(Quarter): 0.01
EPS(Overall): -0.17
Bonus/Dividend: NIL

Popular Islamic Modaraba (PIM)
Profit/Loss(million): 0.683
EPS(Quarter): 0.07
EPS(Overall): 0.14
Bonus/Dividend: NIL

GOC (PAK) LIMITED (GOC)
Profit/Loss(million): 6.522
EPS(Quarter): 0.89
EPS(Overall): 1.01
Bonus/Dividend: NIL

Bestway Cement (BWCL)
Profit/Loss(million): 4622.916
EPS(Quarter): 7.75
EPS(Overall): 11.54
Bonus/Dividend: 30%

Dawood Lawrencepur Limited (DLL)
Profit/Loss(million): 183.667
EPS(Quarter): 3.11
EPS(Overall): 8.08
Bonus/Dividend: 40%

Elite Capital Mod Ist (FECM)
Profit/Loss(million): -1.879
EPS(Quarter): -0.17
EPS(Overall): -0.16
Bonus/Dividend: NIL

J K Spinning (JKSM)
Profit/Loss(million): 119.288
EPS(Quarter): 1.63
EPS(Overall): 4.26
Bonus/Dividend: NIL

National Bank Of Pakistan Limited (NBP)
Profit/Loss(million): 3850.793
EPS(Quarter): 1.81
EPS(Overall): 9.41
Bonus/Dividend: NIL

Khalid Siraj Tex (KSTM)
Profit/Loss(million): -7.32
EPS(Quarter): -0.68
EPS(Overall): -1.38
Bonus/Dividend: NIL

Orix Leasing (OLPL)
Profit/Loss(million): 270.544
EPS(Quarter): 1.62
EPS(Overall): 3.04
Bonus/Dividend: NIL

Oil & Gas Development Corp. Limited (OGDC)
Profit/Loss(million): 30021.361
EPS(Quarter): 6.98
EPS(Overall): 13.20
Bonus/Dividend: 30%

Shezan International (SHEZ)
Profit/Loss(million): -22.879
EPS(Quarter): -2.60
EPS(Overall): 9.74
Bonus/Dividend: NIL

Pakistan Paper Products (PPP)
Profit/Loss(million): -19.346
EPS(Quarter): -2.42
EPS(Overall): -3.05
Bonus/Dividend: NIL

Quice Food Industries Limited (QUICE)
Profit/Loss(million): -15.192
EPS(Quarter): -0.15
EPS(Overall): -0.39
Bonus/Dividend: NIL

First Dawood Investment Bank Limited (FDIBL)
Profit/Loss(million): -12.538
EPS(Quarter): -0.08
EPS(Overall): -0.07
Bonus/Dividend: NIL