Weekly Review 06 October 2017 Market Review.pdf · 2017-10-09 · TREC Holder of the Pakistan Stock...

TREC Holder of the Pakistan Stock Exchange &

Corporate Member of the Pakistan Mercantile Exchange

Weekly Review 06th October 2017

1 / 12

Research is registered with SECP under Research Entity Notification No. REP-284

SECP’s Investor Education Link: www.jamapunji.pk

Weekly Review –06th October 2017 Week 40 - 2017

Contents

About Askari Securities Ltd ................................................................................................. 2

Do’s & Don’ts of Investments ............................................................................................ 3

Market Snapshot .................................................................................................................... 4

Corporate Actions.................................................................................................................. 5

Upcoming Board Meetings .................................................................................................. 7

Regional Stock Markets and Commodities Performance Review .................................. 7

Stock Market Risk Level ....................................................................................................... 8

Stock Market Liquidity Level ............................................................................................... 8

Value Basket ........................................................................................................................... 8

Sentiment Basket .................................................................................................................... 8

Market Commentary .............................................................................................................. 9

Special Feature: Board Meeting Calendar – October 2017 ........................................... 10

Red List Companies - Sector Wise .................................................................................... 11




2 / 12

About Askari Securities Ltd Askari Securities Ltd. (“ASL”) is one of the fastest developing investment houses in Pakistan's Capital market, offering a wide range of investment services for institutions and retail clients. ASL is a TREC Holder of the Pakistan Stock Exchange and Corporate Member of the Pakistan Mercantile Exchange. ASL is registered as a certified Mutual Fund Distributor with the Mutual Fund Association of Pakistan. ASL is a subsidiary of Askari Bank Ltd and associated company of the Army Welfare Trust. Askari Bank Ltd is a leading bank in Pakistan and is owned by the Fauji Foundation and its group of Companies. The Fauji Foundation and the Army Welfare Trust have launched companies, which are among the most renowned in Pakistan’s corporate arena. ASL’s success is built on its expanding presence in the market, service to the client, maturity in dealing with market situations and continuous evolution in services offered. For more information, you can visit our office, website or simply contact us.




3 / 12

Do’s & Don’ts of Investments The following is a list of Do’s and Don’ts that you should go through. It is aimed at helping you gain an insight into what one’s mental framework should be in the process of investments. The following have been observed time and again and are also based on empirical evidence.

Don’t try to beat the market. You simply can’t – moving sensibly with the market is good enough.

Explore the idea: Sell when the market is rising, buy when the market is falling. This is an important way to make the best of price movements.

Don’t be greedy. When you are making a profit, book it and become ready to buy at lower levels.

Be ready to engage the market. If you are not ready, that opportunity will pass.

Don’t fear. Markets will dip and they will rise.

Be Patient. The market may make movements that are sudden, against your analysis or beyond your expectations – in all circumstances remain patient.

Buy good things and don’t expect bad things to outperform good things. When you buy a good security, the probability of it giving you a positive return is higher than a bad security.

Avoid deciding in a state of panic. Decisions taken while in a state of panic usually have bad results.

Don’t over trade. Avoid trading unnecessarily.

This is a game of averages. Success in investments is a function of averages. `




4 / 12

Market Snapshot 29-Sep-17 6-Oct-17 Change % Change

KSE 100 Index 42,409.27 41,312.59 -1,096.68 -2.59

Weekly Total KSE Volume: 700,202,410 Daily Avg.: 140,040,482

Daily Avg. KSE Traded Value: 7,482,886,993 Avg. Traded Val/Share: 53.43

Admajee Insurance 63.00 61.23 -1.77 -2.81

Allied Bank Ltd. 87.49 86.00 -1.49 -1.70

Arif Habib Corp 38.83 38.24 -0.59 -1.52

Askari Bank Ltd. 19.00 18.90 -0.10 -0.53

Attock Refinery 413.21 368.90 -44.31 -10.72

Attock Petroleum 625.73 617.50 -8.23 -1.32

Atlas Battery Ltd 709.01 669.71 -39.30 -5.54

Atlas Honda 560.00 505.19 -54.81 -9.79

Attock Cement 201.99 199.48 -2.51 -1.24

Azgard Nine 13.11 12.46 -0.65 -4.96

Bank Al-Falah 42.42 41.07 -1.35 -3.18

Bank Al-Habib Ltd 57.60 56.50 -1.10 -1.91

Bank of Punjab 9.90 9.15 -0.75 -7.58

Bestway Cement Ltd. 163.49 156.72 -6.77 -4.14

Biafo Industries 240.00 236.99 -3.01 -1.25

Archroma Pakistan Ltd 657.00 631.75 -25.25 -3.84

Colgate-Palmolive (Pakistan) Ltd 2200.00 2150.00 -50.00 -2.27

Crescent Steels & Allied Products 158.19 134.59 -23.60 -14.92

D.G.K.Cement 146.86 146.65 -0.21 -0.14

Dewan Cement 17.42 16.07 -1.35 -7.75

Dewan Salman 3.76 3.37 -0.39 -10.37

Engro Corp. 303.09 292.65 -10.44 -3.44

Engro Foods 95.03 87.96 -7.07 -7.44

Fatima Fert Co. 34.05 31.48 -2.57 -7.55

Fauji Cement 32.52 30.96 -1.56 -4.80

Fauji Fert Bin Qasim 35.85 36.27 0.42 1.17

Fauji Fertilizer Co. 83.14 81.26 -1.88 -2.26

Gatron Industries 88.18 91.21 3.03 3.44

Ghani Glass 69.60 64.41 -5.19 -7.46

Habib Bank Ltd. 180.76 173.51 -7.25 -4.01

Hub Power Co. 111.81 109.99 -1.82 -1.63

Jahangir Siddiqui & Co. 23.62 23.85 0.23 0.97

J.D.W. Sugar Mills Ltd 380.00 385.00 5.00 1.32

ICI Pakistan 913.62 885.00 -28.62 -3.13

Indus Motor Co. 1720.82 1670.02 -50.80 -2.95

K-Electric Limited 7.04 6.93 -0.11 -1.56

Kot Addu Power Co. 76.04 75.90 -0.14 -0.18

Lotte Chemical 8.16 7.82 -0.34 -4.17

Lucky Cement Ltd. 565.18 528.31 -36.87 -6.52

Maple Leaf Cement 83.97 77.18 -6.79 -8.09

Mari Gas Co. Ltd 1505.01 1542.05 37.04 2.46

MCB Bank Ltd. 209.00 206.27 -2.73 -1.31

Millat Tractors Ltd 1248.29 1260.07 11.78 0.94

National Bank 49.14 49.51 0.37 0.75

National Refinery Ltd. 663.91 622.13 -41.78 -6.29

Nestle Pakistan Ltd 12999.50 13000.00 0.50 0.00

Nishat (Chunian) 54.52 60.30 5.78 10.60

Nishat Chunian Power 40.05 39.27 -0.78 -1.95




5 / 12

Nishat Mills Ltd 145.10 146.13 1.03 0.71

Nishat Power Ltd. 44.90 45.45 0.55 1.22

OGDC 148.64 145.89 -2.75 -1.85

P.S.O. 441.76 439.59 -2.17 -0.49

P.T.C.L.A. 14.73 14.00 -0.73 -4.96

Pak Oilfields 532.04 534.92 2.88 0.54

Pak Petroleum Ltd. 174.69 173.06 -1.63 -0.93

Pak Reinsurance Ltd 45.50 44.76 -0.74 -1.63

Rafhan Maize Products 7299.00 7150.00 -149.00 -2.04

Security Papers Ltd. 136.09 133.00 -3.09 -2.27

Service Industries Ltd. 912.00 961.34 49.34 5.41

Shahtaj Sugar Mills Ltd 166.65 160.00 -6.65 -3.99

Sui North Gas 133.86 119.79 -14.07 -10.51

Sui South Gas 36.23 32.75 -3.48 -9.61

TRG Pakistan Ltd. 36.92 35.86 -1.06 -2.87

Tri-Pack Films Ltd. 163.00 159.00 -4.00 -2.45

United Bank Ltd. 190.17 189.98 -0.19 -0.10

Unilever Pakistan Food 6599.00 6500.00 -99.00 -1.50

Corporate Actions

Company Name Payouts EPS (PRs.) Book Closure

Crescent Steel & Allied Products 22.50% (F) 15.29*, 13.04** 11.10.2017

Orix Leasing Pakistan Ltd 30% (F) 10.01*, 10.25** 12.10.2017

First Imrooz Modaraba 100% (F) 11.10 12.10.2017

Pakistan State Oil Co Ltd 150% (F), 20% (B) 67.08 13.10.2017

Kot Addu Power Co. Ltd. 47.50% (F) 10.73 13.10.2017

Amreli Steels Limited 20% (F) 3.62 13.10.2017

Attock Refinery Limited 60% (F) 86.93*, 63.47** 13.10.2017

EcoPack Limited 10% (F), 5% (B) 3.69 14.10.2017

Ghandhara Industries Ltd 150% (F) 37.36 16.10.2017

Kohat Cement Co. Ltd. 20% (F) 22.94 16.10.2017

Pakistan Petroleum Ltd 60% (F) 17.60*, 18.10** 16.10.2017

Nishat Chunian Power Ltd 10% (F) 8.17 16.10.2017

MCB-Arif Habib Savings & Investments Ltd. 17.50% (F) 2.81 17.10.2017

Ghandhara Nissan Ltd. 50% (F) 15.98*, 9.11** 17.10.2017

Bolan Castings Limited 50% (F) 8.52 17.10.2017

Attock Cement Pakistan 135% (F) 26.49 17.10.2017

Biafo Industries Limited 60% (F) 14.57 17.10.2017

Kohinoor Mills Limited 11% (F) 2.63 17.10.2017

Pak Datacom Limited 25% (F) 3.53 17.10.2017

Pakistan Stock Exchange Limited 2% (F) 0.35 18.10.2017

Pakistan Paper Products Limited 20% (F) 10.11 18.10.2017

National Refiney Limited 225% (F) 100.61 18.10.2017

National Foods Limited 85% (F) 9.20*, 9.51** 18.10.2017

Next Capital Limited 10% (B) 2.78 18.10.2017

Oil & Gas Development Company Limited 20% (F) 14.83 18.10.2017

Reliance Cotton Spinning Mills Limited 15% (F) 22.25 18.10.2017

Sapphire Fibres Limited 15% (F) 57.86 18.10.2017

Ibrahim Fibres Limited 10% (F) 27.31 18.10.2017




6 / 12

Dadex Eternit Limited 6.30% (F) 1.56 18.10.2017

Gharibwal Cement Ltd 15% (F) 5.71 18.10.2017

NetSol Technologies Ltd 14.50% (F) 3.58 18.10.2017

Pakistan Services Limited 50% (F) 35.23 19.10.2017

Fecto Cement Limited 25% (F) 15.17 19.10.2017

Murree Brewery Co. Ltd 100% (F) 39.94 19.10.2017

Pioneer Cement Limited 33.50% (F) 12.84 19.10.2017

Ittehad Chemicals Ltd. 13% (F) 3.37 19.10.2017

Premium Textile Mills Ltd 125% (F) 28.49 19.10.2017

Punjab Oil Mills Limited 40% (F) 26.67 19.10.2017

Suraj Cotton Mills Ltd 30% (F), 10% (B) 17.45 19.10.2017

United Distributors Pakistan Limited 10% (B) 6.44 19.10.2017

Habib-ADM Limited 25% (F) 0.97 20.10.2017

Gul Ahmed Textile 10% (F) 2.50 20.10.2017

Loads Limited 10% (F), 10% (B) 2.54*, 1.90** 20.10.2017

Feroze 1888 Mills Ltd. 17% (F) 6.61 20.10.2017

Ismail Industries Limited 27.50% (F) 18.27 20.10.2017

Artistic Denim Mills Ltd 21% (F) 5.11 20.10.2017

Nishat Power Limited 20% (F) 8.152 20.10.2017

Nadeem Textile Mills Ltd 3.50% (F) 0.46 20.10.2017

Sazgar Engineering Works Limited 20% (B) 7.95 20.10.2017

Nimir Resins Limited 2.20% (B) 0.27 20.10.2017

Nimir Industrial Chemical 10% (F) 4.29*, 4.26** 21.10.2017

IBL HealthCare Limited 10% (F), 10% (B) 4.04 21.10.2017

Sitara Chemical Industries Limited 125% (F) 54.43 21.10.2017

Nishat Mills Limited 50% (F) 17.55*, 12.12** 21.10.2017

Shahzad Textile Mills Ltd 10% (F) 1.93 21.10.2017

Crescent Cotton Mills Ltd 6% (B) 1.35 21.10.2017

Shahtaj Textile Limited 50% (F) 10.97 21.10.2017

Arif Habib Corporation 30% (F) 7.22*, 5.27** 21.10.2017

Mughal Iron & Steel Industries Limited 6% (F) 7.69 21.10.2017

Faisal Spinning Mills Ltd 172.50% (F) 43.10 21.10.2017

Blessed Textiles Limited 153% (F) 38.21 21.10.2017

Bhanero Textile Mills Ltd 368% (F) 91.91 21.10.2017

Kohinoor Textile Mills 15% (F) 16.55*, 8.33** 21.10.2017

Shifa International Hospitals 50% (F) 11.13*, 11.12** 21.10.2017

Kohat Textile Mills Ltd 10% (F) 1.68 21.10.2017

Ellcot Spinning Mills Ltd 35% (F) 7.09 21.10.2017

Prosperity Weaving Mills Ltd 20% (F) 3.04 21.10.2017

Nagina Cotton Mills ltd 30% (F) 4.19 21.10.2017

Shezan International Ltd 135% (F) 32.47 21.10.2017

D.G.Khan Cement Co. 75% (F) 18.01*, 18.20** 21.10.2017

Maple Leaf Cement Factory Ltd. 17.50% (F) 9.05 21.10.2017

Baluchistan Wheels Ltd. 40% (F) 9.48 21.10.2017

Aruj Industries Limited 12.10% (F) 3.01 21.10.2017

Millat Tractors Limited 600% (F) 111.14*, 96.12** 21.10.2017

Tariq Glass Industries Ltd 41.50% (F) 10.34 21.10.2017

Shield Corporation Ltd 50% (F) 12.46 21.10.2017




7 / 12

The Searle Company Ltd 80% (F), 20% (B) 17.14 21.10.2017

Reliance Weaving Mills Ltd 15% (F) 3.29 22.10.2017

Kohinoor Energy Limited 20% (F) 4.75 23.10.2017

Fauji Cement Co. Ltd. 9% (F) 1.89 24.10.2017

Wah Nobel Chemical Ltd 60% (F) 14.57 24.10.2017

Hafiz Limited 15% (F) 16.66 24.10.2017

Burshane LPG (Pakistan) Ltd 10% (F) 1.29 24.10.2017

Ghani Gases Limited 6% (B) 1.35 25.10.2017

The General Tyre and Rubber Co. of Pak. 150% (F) 14.75 27.10.2017

Nishat Chunian Limited 27.50% (F) 6.75 13.11.2017

Shell Pakistan Limited ----- 13.05 -----

Pak Suzuki Motor Co. Ltd ----- 24.20 -----

Amreli Steels Limited ----- 2.76 -----

Askari Bank Limited ----- 2.40 -----

Wah Nobel Chemicals Ltd ----- 12.21 -----

Pakistan Telecommunication Co. Ltd. ----- 0.23*, 0.42** -----

Pak Elektron Limited ----- 2.20*, 1.35** -----

*(Consolidated) ** (Unconsolidated Upcoming Board Meetings

Company Name Date / Day Time

Flying Cement Company Ltd 07.10.2017 Saturday 11:00 a.m.

Tri-Star Power Limited 09.10.2017 Monday 04:00 p.m.

Pakistan Telecommunication Co. Limited 11.10.2017 Wednesday 12:50 p.m.

Pakistan International Airlines 12.10.2017 Thursday 10:00 a.m.

Rafhan Maize Products Ltd 12.10.2017 Thursday 07:00 p.m.

Habib-ADM Limited 13.10.2017 Friday 11:00 a.m.

Askari Bank Limited 17.10.2017 Tuesday 10:30 a.m.

International Steels Limited 17.10.2017 Tuesday 10:30 a.m.

Engro Polymer & Chemicals Ltd 18.10.2017 Wednesday 09:30 a.m.

KSB Pumps Company Limited 18.10.2017 Wednesday 11:30 a.m.

Kot Addu Power Company Ltd 19.10.2017 Thursday 11:00 a.m.

International Industries Ltd 19.10.2017 Thursday 02:00 p.m.

Unilever Pakistan Foods Limited 23.10.2017 Monday 02:00 p.m.

Pakistan Int’l Container Terminal Limited 25.10.2017 Wednesday 11:00 a.m.

Regional Stock Markets and Commodities Performance Review

Regional Markets Country Last Level Daily %

WTD % MTD % CYTD %

KSE-100 Index Pakistan 41,313 2.09 (2.59) (2.59) (13.58)

BSE-30 SENSEX Index India 31,814 0.70 1.70 1.70 19.48

DSI Index Bangladesh 6,202 0.00 1.80 1.80 23.16

CSE All Shares Index Sri Lanka 6,529 0.34 1.41 1.41 4.83

SSE Composite Index China 3,349 0.00 0.00 0.00 7.90

NASDAQ Dubai UAE 20 Index U.A.E. 3,450 0.00 0.73 0.73 4.75

Commodities




8 / 12

Brent Crude Oil ($/bbl) 55.62 (0.27) (2.06) (2.06) (2.11)

Gold ($/oz.) 1,274.90 (0.20) (0.77) (0.77) 10.58

Silver ($/oz.) 16.79 1.02 0.68 0.68 5.01

In $ Millions

Foreign Investors Portfolio Invest. (FIPI) Pakistan 2.89 1.25 1.25 (421.48)

Source: Indices Website, Chicago Mercantile Exchange (CME).

Stock Market Risk Level

Low Moderate High Stock Market Liquidity Level

Low Moderate High Value Basket Allied Bank Ltd (“ABL”)

Attock Cement Pakistan (“ACPL”)

Adamjee Insurance Co. (“AICL”)

Attock Petroleum(“APL”)

Atlas Battery (“ATBA”)

Atlas Honda (“ATLH”)

Bank Al-Habib (“BAHL”)

Biafo Industries (“BIFO”)

Colgate-Palmolive Pakistan (“COLG”)

Clariant Pakistan (“CPL”)

Engro Corporation (“ENGRO”)

Fauji Fertilizer Co. (“FFC”)

Fauji Fertilizer Bin Qasim (“FFBL”)

Gatron Industries (“GATI”)

Ghani Glass (“GHGL”)

Habib Bank (“HBL”)

Hascol Petroleum (“HASCOL”)

Hub Power Co. (“HUBC”)

ICI Pakistan (“ICI”)

Indus Motor Co. (“INDU”)

J.D.W. Sugar Mills (“JDWS”)

KotAddu Power (“KAPCO”)

Lucky Cement (“LUCK”)

Mari Petroleum. (“MARI”)

MCB Bank (“MCB”)

Meezan Bank (“MEBL”)

Millat Tractors (“MTL”)

National Bank of Pakistan (“NBP”)

Nestle Pakistan (“NESTLE”)

Nishat Chunian Power (“NCPL”)

Nishat Mills(“NML”)

Nishat Power (“NPL”)

Oil & Gas Dev. Co. (“OGDC”)

Pak Oil Field (“POL”)

Pak Petroleum (“PPL”)

Pak State Oil (“PSO”)

Pak Telecommunication (“PTC”)

Pak Tobacco (“PAKT”)

Rafhan Maize Product (“RMPL”)

Security Papers (“SEPL”)

Sui North Gas (“SNGP”)

Sui South Gas (“SSGC”)

Thal Ltd. (“THAL”)

Tri-Pack Films (TRIPF”)

United Bank (“UBL”)

Unilever Pakistan (“ULEVER”)

Unilever Food (“UPFL”)

Sentiment Basket Arif Habib Corporation (“AHCL”)

Azgard Nine (“ANL”)

Attock Refinery (“ATRL”)

Bank Alfalah (“BAFL”)

Bank of Punjab (“BOP”)

Crescent Steel (“CSAP”)

D.G.K. Cement (“DGKC”)

Jahangir Siddiqui Co. (“JSCL”)

Karachi Electric (“KEL”)

Lafarge Pakistan (“LPCL”)

Lotte Pak PTA (“LOTPTA”)

National Refinery (“NRL”)

Service Industries (“SRVI”)

Shahtaj Sugar Mills (“SHJS”)

Silk Bank Ltd. (“SILK”)

TRG Pak Ltd. (“TRG”)

Note: “Ltd.” excluded for the sake of brevity



9 / 12

Market Commentary The KSE100 Index ended this week at 41,313, losing 1,093 points i.e. -2.59% in this week (last week: -0.80%). Daily total volumes for this week were 140 million shares (last week: 146 million shares). Risk is moderate and liquidity is low. Average traded price per share for this week was Rs. 53.43 (last: Rs. 42.52). The State Bank of Pakistan maintained the interest policy rate at 5.75%. The State Bank of Pakistan reported that Non-Performing loans in Pakistan were at Rs. 641 bln, out of Rs. 6.6 trn. As of 15th September, all bank deposits were at Rs. 11.64 trn (last: Rs. 10.16 trn) compared with last week Rs. 11.59 trn – at the same time assets were 18% higher at Rs. 16.5 trn (last: Rs. 13.9 trn). The Government cleared sales tax refunds of the period July to September worth Rs. 41 bln. Urea makers demanded a revised export policy, for the excess supply currently in Pakistan. Cotton arrivals as of 30 Sep increased 51% to 3.99 mln bales (last: 2.6 mln bales). Power distribution firms incurred a loss of Rs. 132 bln in FY16 due to transmission losses and leakages. At the same time, it was reported that a 600 MW project with Russia is close to finalization. Cement sales in September rose 10% YoY to 2.8 mln tons while exports fell 23% to 0.4 mln tons. The Federal Board of Revenue levied a 10% tax on Bahbood and pensioner’s certificates. The dry testing at Neelum Jehlum project is ready to be done. Weekly inflation for the week ended 27 September was up 0.8%. Forex reserves were at $20.1 bln. The Pakistani Rupee was trading at Rs. 106.60 / $US at the end of the week and Rs. 106.30 / $US in the beginning of the week. Gold was trading at $1270.22 at the end of the week (week’s beginning: $1287.80), Silver was trading at $16.61 at the end of the week (week’s beginning: $16.86) and Crude Oil was trading at $50.71 at the end of the week (week’s beginning: $51.47). Going Forward Volume has been low due to political uncertainty. This time is however a good time to invest in both the Value and Sentiment Baskets.



10 / 12

Special Feature: Board Meeting Calendar – October 2017

Saturday Tuesday Wednesday Thursday Friday Saturday Sunday

Sunday Monday Tuesday Wednesday Thursday Friday

1 2 PRET, GGGL, GGL, QUICE, MDTL,

3 DINT, MUBT, SGPL,

4 GHGL, MQTM, DSL, RAVT, WAHN,

5 TREET, TRPOL, PACE, SSOM, ITTEFAQ,

6 POWER, MSOT, OLSM, IDYM, JOPP, TELE,

7 FLYNG, MEHT, KHTC, ASTM, RUBY,

8 9 STCL, REDCO, ADOS, TSPL,

10 BCML,

11 PTC,

12 RMPL, PIAA,

13

14 15 16 17 AKBL, ISL,

18 TRIPF, KSBP, INIL, EPCL, SHEL,

19 KAPCO, UBL, FFBL,

20

21 22 23 UPFL,

24 25 PICT, PKGS,

26 27 OLPL,

28 29 30 31 GTYR,



11 / 12

Red List Companies - Sector Wise

Chemicals

Company Symbols Company Symbols Mandviwala Mauser Plastic Industries MWMP Pakistan PVC PPVC

United Distributors Pakistan UDPL Commercial Banks

Apna Microfinance Bank AMBL KASB Bank KASBB

Construction & Materials(Cement)

Frontier Ceramics FRCL Dadabhoy Cement Industries DBCI

Haydary Construction Company HADC Emco Industries EMCO

Safe Mix Concrete Products SMCPL

Electricity

Japan Power Generation JPGL Kohinoor Power Company KOHP

Southern Electric Power Company SEPCO Tri-Star Power * TSPL

Electronic & Electrical Goods

Climax Engineering Company CECL Engineering

Dewan Automotive Engineering DWAE Equity Investment Instruments

Crescent Standard Modaraba* CSM First Fidelity Leasing Modaraba FFLM

First IBL Modaraba FIBLM B.R.R. Guardian Modaraba BRR

First Punjab Modarba FPJM First Prudential Modarba PMI

First Tri-Star Modarba* FTSM Tri-Star Mutual Fund TSMF

First Equity Modarba FEM Modaraba Al – Mali MODAM

Financial Services

First Dawood Investment Bank FDIBL Trust Securities and Brokerage TSBL

Dawood Capital Management DCM Security Investment Bank SIBL

First Capital Securities Corporation FCSC Security Leasing Corporation SLCL

Grays Leasing GRYL Saudi Pak Leasing Company SPLC

IGI Investment Bank IGIBL Trust Investment Bank TRIBL

Dawood Equities DEL KASB Securities KASBSL

Escorts Investment Bank ESBL Pervez Ahmed Securities PASL

First Credit & Invest Bank FCIBL Sigma Corporation SIGL

Invest Capital Investment Bank ICIBL UNICAP Modaraba UCAPM

Food Producers

Dewan Sugar Mills DWSM Khairpur Sugar Mills KPUS

Abdullah Shah Ghazi Sugar Mills AGSML Mirza Sugar Mills MZSM

Goodluck Industries * GLIN Pangrio Sugar Mills PNGRS

Hussain Sugar Mills HUSS

General Industrials

Baluchistan Particle Board BPBL Ecopack ECOP

Industrial Metals & Mining

Metropolitan Steel Corporation MSCL Life insurance

East West Life Assurance Company EWLA Non-Life Insurance

Asia Insurance Company * ASIC United Insurance Company of Pakistan UNIC

Century Insurance Company CENI Reliance Insurance Company RICL



12 / 12

Crescent Star Insurance Company CSIL Pakistan Guarantee Insurance Company PGIC

East West Insurance Company * EWIC Premier Insurance PINL

Silver Star Insurance Co. SSIC Universal Insurance Company UVIC

Shaheen Insurance Company SHNI

Personal Goods(Textile)

Ghazi Fabrics International GFIL Sajjad Textile Mills SJTM

Haji Mohammed Ismail Mills HMIM Kohat Textile Mills KOHTM

Crescent Jute Products CJPL Mian Textile Industries MTIL

DewanFarooque Spinning Mills DFSM S.G. Fiber SGFL

Fateh Industries. FIL Pak Leather Crafts PAKL

I.C.C. Textile ICCT Ravi Textile Mills RAVT

Chenab - Preference Shares CLCPS Salman Noman Enterprises* SANE

Glamour Textile Mills * GLAT Taha Spinning Mills THAS

D.M. Textile Mills DMTX United Brands UBDL

D.S. Industries DSIL Khalid Siraj Textile Mills KSTM

International Knitwear * INKL Mubarak Textile Mills MUBT

Amtex AMTEX Redco Textiles REDCO

Ayesha Textile Mills AYTM Jubilee Spinning and Weaving Mills JUBS

Crescent Cotton Mills CCM Khyber Textile Mills KHYT

Chenab CHBL Kohinoor Industries KOIL

Ishaq Textile Mills ISTM Mohummed Farooq Textile Mills MFTM

J.A. Textile Mills JATM Sargodha Spinning Mills * SRSM

Globe (OE) Textile Mills Mills GOEM Yousuf Weaving Mills YOUW

National Silk and Rayon Mills NSRM Zephyr Textile * ZTL

Quality Textile Mills * QUAT Travel and Leisure

Dreamworld Limited DREL

We have identified “The Red Companies” which are taken from the PSX All companies list and are sorted out on the basis of their past performance as they are not liquid (i.e. having low volumes) and have not paid dividends in last 3 to 4 years and they have lesser chances of any capital gain as well. * These are the scrips which have declared dividend at least once or twice in the last four years. For further details and queries please contact at: +92 51 2894521, [email protected] Disclaimer: This market and expectation review is meant solely for the purpose of information and discussion. Any liability arising of an investor consequent to the consumption of this review is the sole responsibility of the investor and can in no way whatsoever be attributed to this review or Askari Securities Ltd. Expectations and pertinent risks are subject to market conditions and can change, which is outside the view of this review.

mailto:[email protected]

Weekly Review 06 October 2017 Market Review.pdf · 2017-10-09 · TREC Holder of the Pakistan Stock...

Documents

Transcript of Weekly Review 06 October 2017 Market Review.pdf · 2017-10-09 · TREC Holder of the Pakistan Stock...