Daily Market Insights
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DAILY MARKET INSIGHTS 18-Sep-2020 Change Index points KSE 100 INDEX PERFORMANCE OVERVIEW PKR % Change Closing KSE 100 Index 170 42,505 Contributing shares Closing Price - Rs. Oil & Gas Development Company Ltd. 2.95 2.70 43.06 112.35 Fauji Fertilizer Co. Ltd.(XD) 1.76 1.60 27.87 111.66 United Bank Ltd. 2.44 1.93 27.04 128.93 KSE 100 INDEX VOLUMES Today 331 5 days average 331 402 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 Insurance Companies Individuals Amount (Net) 500,323,894 (573,029,912) Buying / Selling sector wise composition All other Sectors 42.25% 39.84% Food and Personal Care Products 10.46% 10.80% Technology and Communication 9.57% 9.38% Oil and Gas Marketing Companies 9.28% 9.54% Source: https://www.nccpl.com.pk/en/market-information/fipi-lipi/fipi-normal-daily FOREIGN PORTFOLIO INVESTMENT TREND Today (26) (56) 5 days average (182) 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 The Board of Directors has approved to establish a new project (manufacturing plant) at Synthetic Products Enterprises Limited Karachi which will be financed partially through fresh equity to be raised by issuance of right shares and partially through internally generated sources and debt. Disclosure of Interest by substantial shareholder & Senior Management, sold 11,400 Pakistan Cables Limited shares at an average price of Rs. 150.63 each. The Board of Directors of the Company has decided to increase the paid up share capital of the Company by issue of a further 3,981,978 ordinary shares at an issue price of Rs. Synthetic Products Enterprises Limited 32 per share by issue of right shares to be offered to the members in proportion to approximately 4.5 right shares for every 100 shares held i.e. approx 4.5%. Disclosure of Interest by Substantial Shareholder- Premier Mercantile Services (Private) Pakistan International Container Terminal Limited; sold 30,200 shares at an average of Rs. 190.30 each on 17 September 2020. Disclosure of Interest by Substantial Shareholder- Kingsway Fund; sold 550,000 shares Murree Brewery Company Limited at an average of Rs. 585.00 each on 16 September 2020. Disclosure of Interest by Executive and Spouse of Executive; purchased 52,100 shares at Packages Limited an average of Rs. 518.83 each. 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 Nishat Mills Limited 4.01 FY20 18.07 4.00 -21.90% -39.95% Dolmen City REIT 1.46 FY20 3.65 NIL 88.38% -71.66% Ittehad Chemicals Limited 0.53 FY20 0.72 1.00 -50.07% 21.65% TPL Corporation Limited -0.80 FY20 (4.57) NIL 646.62% -0.09% Div: 1.00 Synthetic Product Enterprises Limited 0.64 FY20 2.92 -24.02% -42.39% R: 4.5% GOC (PAK) Limited 2.77 FY20 2.57 1.00 -58.38% -23.54% Pakistan International Bulk Terminal 0.26 FY20 0.64 NIL -133.29% 22.25% Kot Addu Power Company Limited 6.64 FY20 26.83 NIL 87.19% -49.26% Source: https://dps.psx.com.pk/announcements/companies UPCOMING BOOK CLOSURES DPS % Ex-Dividend Date Dawood Hercules Corporation Limited 50% (ii) 18-09-2020 ICI Pakistan Ltd 50% (F) 18-09-2020 Mari Petroleum Co. Ltd 20% (F) 18-09-2020 Askari Life Assurance Company Limited 235% (F) 10% B 21-09-2020 Indus Motor Co. Ltd 36.31% R(*) 21-09-2020 Source: https://dps.psx.com.pk/Downloads/quote_202018sep%20(1).pdf EXCHANGE RATE Change Closing PKR / USD -0.23% 165.83 Source: http://www.sbp.org.pk/ecodata/rates/m2m/2020/Sep/18-Sep-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.