Daily Archives: April 19, 2017

JS Securities Limited – Morning Briefing

Karachi, April 19, 2017 (PPI-OT):Pakistan Market — HBL, FATIMA and NML result previews

Habib Bank Limited (HBL) is scheduled to announce its 1Q2017 result onApril20,2017,whereJS Securities Limited expect1%/8%YoY/QoQhigherconsolidated n earningsatRs6.21/share.Alongsideresult,JS Securities Limited expectthebanktoannounce first interim …

JS Securities Limited – Pakistan Market: Technical Outlook

Karachi, April 19, 2017 (PPI-OT):Downtrend remains intact with 46,452in Sight

Decline continued for the KSE-100 index as it lost 251 points to close at 46,874.Volumesstoodat164mnsharesversus154mnsharestradedpreviously.Theindex is expected to revisit yesterday’s low of 46,809; where a …

IGI Securities Limited – Flash Note

Karachi, April 19, 2017 (PPI-OT): Commercial Banks –UBL: Higher capital gains and lower provision charge lifts up quarterly earning

United Bank Limited (UBL) reported unconsolidated earnings for the 1QCY17 of PKR 7.26bn (or PKR 5.93/share) …

IGI Securities Limited – Flash Note-2

Karachi, April 19, 2017 (PPI-OT):Cements–DGKC: Earnings clocked in at PKR 4.45/share for 3QFY17, down by 15%YoY

D.G Khan Cement Company (DGKC) announced financial results for 3QFY17 with earnings clocking in at PKR 1.95bn (EPS PKR …

IGI Securities Limited – Flash Note-1

Karachi, April 19, 2017 (PPI-OT): Commercial Banks–AKBL: Quarterly decline in operating expense along with continued reversals, help elevate quarterly earnings

AskariBankLimited(AKBL)reportedunconsolidatedearningsforthe1QCY17ofPKR1.23bn(orPKR0.98/share)upby +19%QoQ (or +1%YoY).

Duringthequarter,bankinterestincomedeclinedby4%QoQalongwithlowerrealizationofcapitalgains(PKR517mnin 1QCY17), that led to overall decline in banks total revenue …

IGI Securities Limited – Day Break

Karachi, April 19, 2017 (PPI-OT): Power Generation and Distribution

KAPCO: Other Income to CorroborateEarnings in 3QFY17, PPA Extension StillLooming Over Future Prospects

Kot Addu Power Company’s (KAPCO) board meeting is scheduled on 21stApr-17,whereIGI Securities Limitedanticipateearningstoaugmentby+20%YoYtoPKR2.3bn …