PakStox Outlook

Ticker Company Ann Date Period Ending EPS (Rs.) un-Consldtd PBT (Rs.mn) PAT (Rs. Mn) Cash Div Stock Div Link BOP B.O.Punjab 17-Aug-22 HALF YEAR ENDED 30/06/2022 1.82 8,360 5,421 Link SHEL Shell Pakistan 17-Aug-22 HALF YEAR ENDED 30/06/2022 35.08 12,459 7,508 Link TRIPF Tri-Pack Films 17-Aug-22 HALF YEAR ENDED 30/06/2022 10.37 734 402 Link NBP National BankXD 17-Aug-22 HALF YEAR ENDED 30/06/2022 5.71 33,878 12,140 Link MCB MCB Bank Ltd 17-Aug-22 HALF YEAR ENDED 30/06/2022 9.39 32,536 11,125 40%(ii) Link ABL Allied Bank Ltd 17-Aug-22 HALF YEAR ENDED 30/06/2022 6.01 20,118 6,887 20%(ii) link AKBL Askari Bank 17-Aug-22 HALF YEAR ENDED 30/06/2022 5.01 12,151 6,309 Link ENGRO Engro Corp 17-Aug-22 HALF YEAR ENDED 30/06/2022 21.66 16,263 12,481 110%(ii) Link ACPL Attock Cement 17-Aug-22 YEAR ENDED 30/06/2022 8.16 2,312 1,122 15%(F) Link POL Pak Oilfields 17-Aug-22 YEAR ENDED 30/06/2022 91.37 36,987 25,935 500%(F) Link More ...

  5 Aug 2022 KSE100 Index closes at  42,096 up 1.62% adding 671 points. KSE100 Index gained 4.85% this week. KSE100 Trading up 450 pts. close to 42k level. (3pm) Saudi Aramco raises the official selling price (OSP) for its flagship Arab Light to a record of +$9.8 a barrel above the Asian benchmark.  link Pakistan's total liquid foreign exchange reserves  declined  by $ 206 million during last week due to external debt servicing. KIBOR  remains elevated 15.9%. The  Bank of England  raised its main rate by 50bps to 1.75% in its August 2022 meeting. It is the biggest rate increase since 1995. Gold  moved higher to $1788. USD Index DXY declines to 105.86. Oil  remained at a low level as of last night. WTI $88.8 Brent 94.4 GeoPoliticking China taking step to reduce US interactions on various forum over Taiwan issue. China- Taiwan tensions continue, sparked by Pelosi's visit.  read

  WTI  trading at $88.5 Brent 93.9 (8:25pm)  Gold  $1787 KSE100 Index rose 357 points to close at 41,425. Trading Value Rs 7.9 bn. Rupee gaining strength against the USD after historic recovery yesterday. Gained Rs. 2.65 today. Pak Rupee was less than 210 to a USD in second week of July before the upset in Punjab provincial elections. PSX opens positive.  KSE100 Index  +225. (9:45am) Pakistan raises Rs298 bn in  PIB Auction . Higher than the target  of Rs175 billion. The cut off yield on the three-year remained stable at  13.95%.  Gold  rose again to $1770+ level on weak DXY. Oil  remains weak. WTI $91.2 Brent $96.8 (9:20am). Yesterday, OPEC+ announced a lower level of production increase for Sept. Inventory data yesterday, however, was bearish.            GeoPoliticking Shippers are rerouting vessels as China begins largest-ever military exercise around  Taiwan . The US gave China good reason...

  Oil  down 2% ; WTI $92 Brent 98. Though physical market expected to be tight on lower increase by OPEC. OPEC+  agrees to increase oil output by 100,000 barrels a day for September. This is a lower increase than in recent months.  Read .  KSE100 Index  rises by 877 pts  (2.2%)   to 41,069. Trading Value Rs 10bn. USD/PKR  at 228, rising about   Rs 10 (4.2%) . SBP   UBL announced Rs 4/- cash dividend for the quarter ending 30 Jun22.  Read Ann . Closed at Rs 113.75, up 5.3%. A strong start by  PSX .  KSE100  Index up 400 pts. Upcoming  OPEC  meeting. KIBOR  remains elevated at 15.88% Pakistan  trade deficit  for the month of July 2022 came down to  $2.64 bn  compared to $4.96bn in the May. July  cement dispatches  declined by 48% at  2mill  tons against almost 4mill tons last year. Oil  rose slightly overnight; WTI $96 Brent, $102+. Gold at $1764...

BRICS looking to commit further and expand their family after having gone steady for some time. Not only expansion, it is also toying with the idea of some sort of exchange system beyond the US dollar. It is not, though, that the BRICS declared so much of this in their latest meeting. The BRICS president had said in the recent meeting that she expects Turkey, Egypt and Saudi Arabia to join the group “very soon”. (read more) And as for a new exchange system, Putin himself proposed creation of an “international reserve currency based on the basket of currencies of our [BRICS] countries”..and that “the member states are also developing reliable alternative mechanisms for international payments.” (read here) Putin must have been emboldened because of the fact that the Ruble managed to hold off successfully the Western sanctions after Ukraine war. And also that Russian #oil found other routes and managed to keep flowing. And the fact that India could not be pressured to refrain from buyin...

Years ago, while trying my hand with a relational-database, making data-sets, and trying its query process, I learned something about the thinking process. Something that I had always taken for granted and had assumed that I was 'rational' and organized in my thinking. My small database project really enhanced my own #thinking process. I noticed how important it was to keep your 'query' structured and rational. If your 'query' is not properly made, you will not get any useful results from your data-set. That is, the results will not be meaningful, and the 'results' from your 'query' will not increase your understanding of your data-set. It appeared, that before I structure a query, I must have a general idea of possible answers to my questions, and shape my queries (i.e., questions) accordingly. So before reaching a conclusion on anything that you want to understand or resolve, you have to make sure that the question itself is not absurd and tha...

Cotton futures dropped to a 9-month low of around 100 USd/Lbs. This is the lowest since September last year and down 35% from its 11-year high of $158 in May. World recession fears, Better crop outlook,  USDA reduced world demand projections by 450,000 bales in its June report, and revised its production estimates higher to 121 mill bales. https://tradingeconomics.com/commodity/cotton