Author Topic: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange  (Read 7110954 times)

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Online aatradekhi

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #40919 on: January 13, 2020, 07:17:12 PM »

Pakinvestorsguide

Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #40919 on: January 13, 2020, 07:17:12 PM »

Offline Investonly

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #40920 on: January 14, 2020, 09:43:30 AM »

*Morning News (14-Jan-2020)*

*Economy & Sectors*

*Fitch reaffirms Pakistan’s rating at B-, outlook stable*
Noting weak external and fiscal positions and slowing economy, Fitch Ratings on Monday affirmed Pakistan’s long-term Foreign Currency issuer default rating at ‘B-negative’ with a stable outlook.
https://www.dawn.com/news/1528207/fitch-reaffirms-pakistans-rating-at-b-outlook-stable

*Govt measures to help achieve foreign remittances target of $24 billion: ministry*
The Ministry of Finance said on Monday that a host of new measures being taken by the government are likely to help achieve the foreign remittances target of $24 billion set for the current fiscal year, ending June 2020.
https://www.dawn.com/news/1528081/govt-measures-to-help-achieve-foreign-remittances-target-of-24-billion-ministry

*LHC quashes Musharraf case verdict*
A full bench of the Lahore High Court (LHC) on Monday unanimously nullified the formation of special court which sentenced former army chief and President Gen Pervez Musharraf (retd) to death in high treason case.
https://epaper.brecorder.com/2020/01/14/1-page/819790-news.html

*Ogra notifies cut in prices of imported RLNG for Jan*
The Oil and Gas Regulatory Authority (OGRA) on Monday notified a decrease in prices of imported Re-gasified Liquefied Natural Gas (RLNG) for January 2020 in its monthly review.
https://epaper.brecorder.com/2020/01/14/19-page/819949-news.html

*Auto sector troubles continue as car sales plunge 43pc*
The first half of 2019-20 proved highly disappointing for the entire auto sector as car sales plunged by 43.2 per cent to 59,097 units, from 104,038 in same period last year.
https://www.dawn.com/news/1528203/auto-sector-troubles-continue-as-car-sales-plunge-43pc

*Cabinet to allow high-rise constructions in four major cities*
The federal cabinet is likely to give permission for the construction of high-rise buildings in four major cities, in compliance with international aviation laws.
https://profit.pakistantoday.com.pk/2020/01/13/cabinet-to-allow-high-rise-constructions-in-four-major-cities/

*PM meets businesspeople, orders steps*
Prime Minister Imran Khan Monday assured the representatives of business community that the government would unveil a comprehensive policy soon for revival of sick industrial units as well as sales tax adjustment procedure to move the wheels of economy and generate employment opportunities.
https://epaper.brecorder.com/2020/01/14/1-page/819794-news.html

*Tax on dividend income grows 30pc*
The tax collection on dividend income increased sharply by 30 percent during the first six months of the current fiscal year due to application of uniformed rates in the last budget, officials said on Monday.
https://www.thenews.com.pk/print/598036-tax-on-dividend-income-grows-30pc

*SECP introduces new regime for securities brokers*
Securities and Exchange Commission of Pakistan (SECP) Monday introduced new brokers regime for securities brokers by dividing brokers into three categories i.e. ‘Trading Only’, ‘Trading and Self-Clearing’ and ‘Trading and Clearing’ category with minimum net worth and net capital balance requirements for each of the categories.
https://epaper.brecorder.com/2020/01/14/20-page/819956-news.html

*TPL Trakker signs a LoI with China transportation HEAD and CCCC Industrial Investment Co*
TPL Trakker Limited, a whole owned subsidiary of TPL Corp limited, has notified to Pakistan Stock Exchange that the company has signed a Letter of Intent (“LoI”) with China Transportation HEAD New Technology (Shanghai) Co. Ltd and CCCC Industrial Investment Holding Co. Limited (“Potential Investors”).
https://mettisglobal.news/tpl-trakker-signs-a-loi-with-china-transportation-head-and-cccc-industrial-investment-co

*Commodities Corner*

*Oil prices dip as Mideast tensions ease; market eyes trade deal*
Oil prices edged lower on Tuesday as receding Middle East tensions took some heat out of the market, with both Tehran and Washington desisting from any further escalation after this month’s clashes.
https://www.reuters.com/article/us-global-oil/oil-prices-dip-as-mideast-tensions-ease-market-eyes-trade-deal-idUSKBN1ZD047?il=0

WTI Nymex (USD/bbl): 58.14 (0.17%)
Brent Oil (USD/bbl): 64.36 (0.25%)
Gold (USD/oz): 1539.85 (-0.52%)


Offline Farzooq

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #40921 on: January 14, 2020, 01:04:21 PM »
TOP PICKS
Engro efert ogdc ppl pso dgkc luck hubc ubl hbl atrl nrl nml efoods aicl hcar searl

Online aatradekhi

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #40922 on: January 14, 2020, 05:26:33 PM »
Closing Summary!!!

Session ended, after half hour adjustment, at 43,207.

Once again, the index remained stuck within the suggested range, where the Bulls failed to sustain the gains above 43,450 and Bears failed to keep the pressure near 43,050. However, constant failure to hold 43,450 and fading volumes suggest congestion at highs.

For the coming session, again the same story is likely to be re-written as during the last 90 minutes, volumes picked up, suggesting that the sellers did aggressive covering in death hours, due to which index is likely to start the session in gains. However, the challenge will be surpass 43,450 on hourly with higher volumes and bullish candle, in order to stretch the range further up and bring 43700 on cards. On the downside, 43,050 is limiting the downside, while failing to hold 43,030 on hourly closing will expose 42,900 - 42,750 area.


Offline Investonly

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #40923 on: January 16, 2020, 09:07:46 AM »

*Morning News (16-Jan-2020)*

*Economy & Sectors*

*US, China sign ‘momentous’ trade deal*
After nearly two years of conflict between the world’s two dominant economic powers, the United States and China signed a trade truce on Wednesday, letting businesses around the globe breathe a sigh of relief.
https://www.dawn.com/news/1528636/us-china-sign-momentous-trade-deal

*ADB lists factors behind growth volatility*
Pakistan’s economic growth has been volatile over the past half century, affected by frequent political instability, geopolitical factors and balance of payment crises, says Asian Development Bank (ADB).
https://epaper.brecorder.com/2020/01/16/1-page/820154-news.html

*PM to announce concessions on 20th: Traders to begin complying with CNIC condition from Feb 1?*
As the government has accepted traders’ demands and Prime Minister Imran Khan is scheduled to formally announce concessions at the traders’ convention to be held on January 20, traders would comply with the condition of CNIC from February 1, 2020.
https://epaper.brecorder.com/2020/01/16/1-page/820152-news.html

*Construction sector: Industry’s status ‘very soon’: PM*
Prime Minister Imran Khan has directed the Competition Commission of Pakistan (CCP) to play an effective role in dealing with trends of cartelization and prevent artificial increase in prices of raw material related to construction sector.
https://epaper.brecorder.com/2020/01/16/1-page/820153-news.html

*China offers to help Pakistan on SPS farm trade barriers*
China on Wednesday offered Pakistan to collaborate in removing non-tariff trade barriers to its farm exports, based on sanitary and phytosanitary (SPS) concerns, a government statement said.
https://www.thenews.com.pk/print/598955-china-offers-to-help-pakistan-on-sps-farm-trade-barriers

*OPEC raises 2020 oil demand forecast*
OPEC on Wednesday raised its 2020 estimate for growth in global demand for oil, while noting that increased output from non-OPEC members would probably more than make up for it.
https://www.thenews.com.pk/print/598956-opec-raises-2020-oil-demand-forecast

*Govt raises Rs274.7bn from T-bill auction*
The government received bids over Rs1.1 trillion in the latest Treasury bill auction, the State Bank of Pakistan said in a release issued on Wednesday.
https://www.dawn.com/news/1528634/govt-raises-rs2747bn-from-t-bill-auction

*Consumers brace for higher cooking oil, flour prices*
After enduring a Rs5 per kg hike on various flour varieties, consumers on Wednesday witnessed another price shock of Rs30 per kg/litre in ghee and cooking oil.
https://www.dawn.com/news/1528633/consumers-brace-for-higher-cooking-oil-flour-prices

*Hyundai Nishat Motor starts mass production*
Mass production of Hyundai Porter H-100 pickup has started at Hyundai Nishat Motor (Private) Limited’s (HNMPL) assembly plant in Faisalabad, the company said on Wednesday.
https://www.thenews.com.pk/print/598958-hyundai-nishat-motor-starts-mass-production

*Commodities Corner*
WTI Nymex (USD/bbl): 58.20 (+0.67%)
Brent Oil (USD/bbl): 64.45 (0.70%)
Gold (USD/oz): 1556.03 (-0.01%)


Offline stuka

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #40924 on: January 16, 2020, 10:25:10 AM »
anyone who have access to this website???

https://www.investorslounge.com

they have created monopoly over research reports......

the payment is too high for one month
Mebl, Bahl, Hubc, Agic, Hinoon, Kml, Khtc, PPL

Offline optimistic

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #40925 on: January 16, 2020, 11:59:37 AM »
anyone who have access to this website???

https://www.investorslounge.com

they have created monopoly over research reports......

the payment is too high for one month

Every brokerage house is sending multiples reports, what special nothing,  better to do your own research,  not trustworthy all analysts
TOP Scripts as below: Updated (28th Sept, 2019)
1. Feroz, 2. Hinoon, 3. Akzo, 4. Mughal, 5. DCR, 6. APL, 7. CPPL, 8. Engro Corp, 9. Hubco, 10. Searl. 11. TRIPF. 12. Sanofi Aventis.

I am not perfect. Please do your own research my comments / or views may not prove accurate, nor i advise anyone to act upon on my recommendations, nor i accept any responsibility on me. Your money, your gain / or loss, before investing into any script better you gain sufficient knowledge of business and calculate risk accordingly as per your risk appetite.

Offline stuka

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #40926 on: January 16, 2020, 12:29:24 PM »
anyone who have access to this website???

https://www.investorslounge.com

they have created monopoly over research reports......

the payment is too high for one month

Every brokerage house is sending multiples reports, what special nothing,  better to do your own research,  not trustworthy all analysts

phr b bht c reports genuine intention k sath likhi hti hain.

the point is they have created monoply over it.

brokerage houses jinka account ho unhay he send krty hain
Mebl, Bahl, Hubc, Agic, Hinoon, Kml, Khtc, PPL

Offline Farzooq

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Online aatradekhi

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #40928 on: January 16, 2020, 06:14:37 PM »

Offline Investonly

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #40929 on: January 17, 2020, 08:46:25 AM »

*Morning News (17-Jan-2020)*

*Economy & Sectors*

*Six-month foreign direct investment jumps 68.3pc*
The inflows of foreign direct investment (FDI) jumped 68.3 per cent to $1.34 billion during the first half of the current fiscal year compared to $796.8 million in the same period last year.
https://www.dawn.com/news/1528816/six-month-foreign-direct-investment-jumps-683pc

*Govt striving to boost industrial capacity: Asad*
The government is focused on boosting Pakistan’s industrial capacity through joint ventures in priority areas, relocation of labour-intensive export-led industry, SMEs collaboration and enhancement of vocational training capacity, Federal Minister for Planning, Development and Special Initiatives Asad Umar said on Thursday.
https://www.dawn.com/news/1528815/govt-striving-to-boost-industrial-capacity-asad

*18 oil blocks up for auction*
The Petroleum Division has invited local and international upstream oil and gas companies for grant of petroleum exploration rights for 18 blocks including four in newly established Zone-I (F).
https://epaper.brecorder.com/2020/01/17/20-page/820520-news.html

*Early completion of PSDP projects government’s top priority: Asad*
Minister for Planning and Development Asad Umar has said that the government’s top priority is the early completion of projects under the Public Sector Development Projects (PSDP).
https://nation.com.pk/17-Jan-2020/early-completion-of-psdp-projects-government-s-top-priority-asad

*Money bill on the cards*
The government may bring a money bill in February 2020 for technical corrections and legal amendments to the federal tax laws, but it would not raise any existing tax rates or impose new taxes.
https://epaper.brecorder.com/2020/01/17/20-page/820526-news.html

*Illegal imports of IT products detected*
Customs Department has identified 17 cases of under-invoicing in the imports of information technology products, the Senate Standing Committee on Commerce and Textile was informed on Thursday by Member Customs Operation Jawad Agha.
https://www.dawn.com/news/1528814/illegal-imports-of-it-products-detected

*Hyundai begins production in FIEDMC*
Hyundai Nishat Motor (Private) Limited has announced its mass production at the assembly plant in FIEDMC, M3 Industrial Estate, Faisalabad.
https://epaper.brecorder.com/2020/01/17/2-page/820377-news.html

*Commodities Corner*

*Oil soars as trade deal spurs energy demand hopes*
Oil rose more than 1 per cent on Thursday, as progress on another major trade deal fed optimism that energy demand will grow in 2020.
https://www.dawn.com/news/1528811/oil-soars-as-trade-deal-spurs-energy-demand-hopes

WTI Nymex (USD/bbl): 58.53 (+0.02%)
Brent Oil (USD/bbl): 64.63 (0.02%)
Gold (USD/oz): 1553.99 (0.10%)

Offline Investonly

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #40930 on: January 17, 2020, 07:05:17 PM »

Friday January 17, 2020

 

Market Review for the week

 

 

The market took a breather in the outgoing week as investors likely opted to consolidate their positions in light of the rally witnessed CYTD. The market settled above the psychological level of 43k points at 43,168, flattish WoW. The uneventful week saw i) remittances recording at USD11.4bn for 1HFY20, up 3% YoY ii) international credit rating agency Fitch re-affirming Pakistan’s rating at “B-” with stable outlook, iii) forex reserves reaching USD18.1bn and iii) FDI increasing by 68% YoY in 1HFY20 to USD1.3bn. Market participation decreased as ADT was down by 246mn(19% down WoW). Similarly, ADTV decreased to USD49mn (38% down WoW).

Major sector news flow included release of automobile numbers for Dec’19 where car sales declined by 43% in 1HFY20 as compared to 1HFY19 same period last year where the only notable improvement was for PSMC, which posted an increase of 49%MoM. Engro Polymer and Chemicals Limited (EPCL) notified issuance of preference shares amounting to PKR3bn in order to finance ongoing expansion of PVC to 100K MT and VCM bottlenecking project to maintain favourable debt to equity ratio.

Foreigners remained buyers during the week with net inflow of USD3.5mn (four days) concentrated in E&Ps and Banks with net buy worth USD1.8mn and USD1.4mn, respectively. On the local front, Individuals and Insurance offloaded equities worth USD3.2mn and USD2.8mn, respectively while Banks and Brokers were net buyers with inflows of USD2.1mn and USD1.6mn, respectively.

Outlook

Moving forward, The State Bank of Pakistan (SBP) is expected to announce Monetary Policy Statement (MPS) later this month that is expected to be a neutral event for the market. Commencement of result season from next week as well as improvement in key economic indicators may likely keep investor’s interest intact. We have overweight stance for E&Ps, Banks, IPPs and Textiles. Our top picks include OGDC, PPL, HBL, MEBL, BOP, FFC, PSO, and HUBC. 


Offline niaz.ahmed

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Re: PSX -- Pakistan Stock Exchange formerly Karachi Stock Exchange
« Reply #40931 on: Today at 02:34:27 AM »
Can the seniors share the annual strategic reports of different houses for 2020 ?