Markets
Profit after tax of Shell Pakistan increases to Rs 758.401 million
KARACHI: The profit after tax of Shell Pakistan Limited has increased to Rs 758.401 million in...
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Oil settles above $111 per barrel
NEW YORK: Oil settled above $111 per barrel Wednesday as the dollar weakened and the government...
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Pakistan Oilfields Ltd – Estimates revised; reiterate BUY
Estimates revised on higher oil price: With upheavals in Middle East / Africa fueling oil prices,...
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Pakistan Refinery Ltd: Profitability to persist in 3Q; uncertain beyond
Inventory gains + tax reversals; 2QFY11 EPS rises to PKR26: PRL posted profit after tax of...
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HUBC – 1HFY11 EPS to fall 2% YoY due to lower generation bonus
1HFY11 EPS expected at PKR2.43; DPS at PKR2.5: HUBCO’s board meeting for announcement of 1HFY11 results...
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Refineries: Deemed duty continues to support otherwise weakening GRMs in Jan-11
Jan-11 GRMs rise marginally: Gross refining margins (GRMs) for local refineries increased to USD3.92/bbl during Jan-11,...
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EPCL: Respite beyond dismal CY10 already priced in!
LPS of PKR1.23 booked in CY10: Engro Polymer & Chemicals Limited (EPCL) announced its CY10 financial...
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PSO: Tax reversal to lift 1HFY11 EPS to PKR40.8
PKR21.7/share tax reversal to lift 1HFY11 EPS to PKR40.8: PSO’s board meeting for announcement of 1HFY11...
Read moreSBP maintains DR at 14%- Optimism on various fronts
DR- Status quo maintained: SBP in its latest Monetary Policy Statement has decided to hold Discount...
Read moreFFBL – CY10 earnings exceed expectation!
PAT up 72% YoY in CY10: FFBL yesterday announced its CY10 financial result, where the company...
Read moreCredit break up by borrowers – 2QFY11 positive for private sector!
GoP grabbed the highest share: GoP’s pie in total incremental borrowing stood at 58% or PKR268bn...
Read moreFFC CY10 Preview – 27% YoY jump in PAT anticipated on higher volumes!
PAT to be up 27% YoY: FFC is due to announce its CY10 financial result on...
Read morePakistan Oilfields Ltd – EPS of PKR21.92 likely in 1HFY11
Robust 2Q earnings to take 1HFY11 EPS to PKR21.92: POL’s board meeting to consider 1HFY11 results...
Read morePakistan Petroleum Ltd – 1HFY11 EPS expected at PKR13.55
1HFY11 earnings to rise 66% YoY: PPL’s board meeting for announcement of 1HFY11 result is scheduled...
Read moreOMCs: Inventory gains – Dynamics have somewhat altered since FY08
Theme: Two fundamental changes have somewhat altered the dynamics of inventory gains and losses since FY08....
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