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Daily Market Insights

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Daily Market Insights DAILY MARKET INSIGHTS 5-Mar-2020 Change Index points KSE 100 INDEX PERFORMANCE OVERVIEW PKR % Change Closing KSE 100 Index 476 39,382 Contributing shares Closing Price - Rs. Lucky Cement Limited. 31.40 6.21 88.84 536.75 Habib Bank Limited. (5.12) (3.21) (82.14) 154.56 Engro Corporation Limited. 10.83 3.41 75.07 328.67 KSE 100 INDEX VOLUMES Today 241 5 days average 177 128 14 days average Millions Source: https://formerdps.psx.com.pk/ & Calculations of Kifayah Investment Management Limited Top most buyer Top most seller PORTFOLIO INVESTMENT SUMMARY Mutual Funds Individuals Amount (Net) 1,364,188,229 (1,336,431,475) Buying / Selling sector wise composition Cement 28.20% 39.31% All other Sectors 22.98% 27.51% Oil and Gas Exploration Companies 15.96% 4.45% Oil and Gas Marketing Companies 7.04% 10.90% Source: https://www.nccpl.com.pk/en/market-information/fipi-lipi/fipi-normal-daily FOREIGN PORTFOLIO INVESTMENT TREND Today (490) (634) 5 days average (500) 14 days average Millions Source: https://www.nccpl.com.pk/en/market-information/fipi-lipi/fipi-normal-daily & Calculations of Kifayah Investment Management Limited MATERIAL INFORMATION Disclosure of Interest by an Executive Director, Senior Management & Spouse of Millat Tractors Limited Senior Management, bought 32,300 shares at an average price of Rs. 670.15 each. Kohat Cement Company Limited Disclosure of Interest by Executive; purchased 20,000 shares at Rs. 106.90 each. A compromise decree has been allowed by High Court of Sindh in Suit No. 931 of 2015 whereby Pakistan State Oil Company Limited (PSO) has subscribed 21 million right shares of Pakistan Refinery Limited (PRL) offered to Chevron Global Energy Inc. USA Pakistan State Oil Company Limited (Chevron) in 2015 and also acquired 2.625 million Class B shares of PRL from Chevron. As a result of the aforementioned acquisitions, PSO's shareholding in PRL has increased from 165,375,000 Class B shares (56.25%) to 189,000,000 Class B shares (60%). In accordance with the listing regulations, Pakistan Oilfields Limited (POL), operator of Pindori D&P Lease has tested hydrocarbons from its development well Pindori-10, located in district Rawalpindi, Punjab. Drilling of Pindori-10 was commenced on Pakistan Oilfields Limited January 28, 2019 and achieved in target depth at 13,701 feet. The testing of well is in progress. POL has 35% working interest in Pindori D&P Lease, while Oil and Gas Development Company and Attock Oil Company hold 50% and 15% respectively. Source: https://dps.psx.com.pk/announcements/companies CONSOLIDATED (where applicable) RESULTS and EPS (Qtr.) EPS DPS Growth over same Quarter ANNOUNCEMENTS Rs. Rs. Rs. EPS Gross Revenue Source: https://dps.psx.com.pk/announcements/companies UPCOMING BOOK CLOSURES DPS % Ex-Dividend Date Ghani Value Glass Limited 30% (i) 5/3/2020 Altern Energy Limited 26.50% (i) 6/3/2020 Fauji Fertilizer Company Limited 32.50% (F) 6/3/2020 MCB-Arif Habib Savings & Investments Limited 10% (i) 6/3/2020 Source: https://dps.psx.com.pk/downloads/quote_202005mar.pdf EXCHANGE RATE Change Closing PKR / USD 0.04% 154.27 Source:http://www.sbp.org.pk/ecodata/rates/m2m/2020/Mar/05-Mar-20.pdf KIFAYAH INVESTMENT MANAGEMENT LIMITED Office No. 402, 4th Floor, Plot No. 6-C, [email protected] 021-38922660 Khayaban-e-Rizwan, Phase VII, DHA Karachi www.kifayah.com.
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