PakStox Outlook

The greatest feat of abstraction was acceptance of the existence of 'zero'.

  Ticker Company Ann Date Period Ending EPS (Rs.) un-Consldtd PBT (Rs.mn) PAT (Rs. Mn) Cash Div Stock Div SGF Service Global Foot 26-Aug-22 YEAR ENDED 30/06/2022 1.7 516 347 25%(I) SYS Systems Limited 26-Aug-22 HALF YEAR ENDED 30/06/2022 10.05 2,957 2,792 IGIHL IGI Holdings 26-Aug-22 HALF YEAR ENDED 30/06/2022 3.04 437 434 20%(i) PSO P.S.O. 26-Aug-22 YEAR ENDED 30/06/2022 183.66 147,855 86,223 100%(F) AGIL Agriautos Ind. 26-Aug-22 YEAR ENDED 30/06/2022 10.56 458 304 25% UPFL Unilever Foods 26-Aug-22 HALF YEAR ENDED 30/06/2022 524.86 3,545 3,343 CSAP Crescent Steel 25-Aug-22 YEAR ENDED 30/06/2022 4.72 367 315 JLICL Jubile Life Ins 25-Aug-22 HALF YEAR ENDED 30/06/2022 11.09 1,772 968 30%(i) FCEPL Frieslandcampina 25-Aug-22 HALF YEAR ENDED 30/06/2022 1.22 1,664 938 PSMC Pak Suzuki 25-Aug-22 HALF YEAR ENDED 30/06/2022 -0.21 751 -17 HUBC Hub Power Co. 25-Aug-22 YEAR ENDED 30/06/2022 16.29 22,722 21,128 CHCC Cherat Cement 25-Aug-22 YEAR ENDED 30/06/2022 22.93 6,829 4,456 30%(F) FABL Fays...

KSE100 Index  today lost 441 points and closed at 42,592 down 1.02%.This week KSE100 Index lost 1.6%. This was first weekly loss in August. Today the Index closed below 100 day moving average. A number factors impacting PSX negatively; The Rupee losing ground as USD gains strength against most world currencies. Oil strong after Saudi comment of physical market being tight. Taxes on petroleum product will increase pump price. Worsening rains and flood situation to impact public finances and the economy. Higher electricity charges and other energy-related issues. Low dividend by PSO and omission by Hubco also impacted sentiments. This week 'Banks' were top net buyers of $ 4mn followed by 'Individuals' who were net buyers of $3.8mn. 'Insurance' as usual were net sellers of $5.06mn followed by 'Funds' $3.5mn. "Foreigners' remained net sellers, however, did not show any selling pressure. A number of Middle Easten countries (Saudia, UAE, Qatar,, Oman)...

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...