Daily Market Insights

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Daily Market Insights DAILY MARKET INSIGHTS 23-Apr-2020 Change Index points KSE 100 INDEX PERFORMANCE OVERVIEW PKR % Change Closing KSE 100 Index 387 32,851 Contributing shares Closing Price - Rs. Oil & Gas Development Company Ltd. 6.48 7.31 92.30 95.15 Pakistan Petroleum Limited. 5.73 7.41 84.28 83.05 Pakistan Oilfields Limited. 17.84 6.76 51.11 281.83 KSE 100 INDEX VOLUMES Today 161 5 days average 218 165 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 Foreign Corporates Amount (Net) 302,365,351 (371,472,654) Buying / Selling sector wise composition Oil and Gas Exploration Companies 33.97% 32.77% Cement 33.14% 3.58% Commercial Banks 20.60% 10.53% Fertilizer 1.09% 46.77% Source: https://www.nccpl.com.pk/en/market-information/fipi-lipi/fipi-normal-daily FOREIGN PORTFOLIO INVESTMENT TREND Today (337) (269) 5 days average (380) 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 Securities and Exchange of Pakistan has granted 30 days extension to the Bank for Standard Chartered Bank Limited filing of financial statements for the first quarter ended March 31, 2020. In view of improvement in product demand for the remaining days of April and May 2020, the company has resumed refinery operations at minimum possible throughput with effect National Refinery Limited from 23 April 2020 with strict precautionary measures for the health and safety of its staff and to prevent spread of corona virus. Notice is given to the TFC holders of TFC issue of PKR 5 billion of Bank Alfalah that the Bank Alfalah Limited issuer has obtained approval from SBP and wishes to exercise the call option in full. This is with reference to the company's announcement of Right Shares issuance on 18th May 2018 to fund the Company’s PVC expansion/VCM debottlenecking project. The Company will be planning to resume the work on expansion projects once Government Engro Polymer & Chemicals enforced lockdown is lifted and after assessing the COVID situation on ground. Once work at the Project Site resumes at a normal pace, PVC expansion is estimated to be operational in around three months’ time and the VCM debottlenecking will be completed in approximately six months’ time. 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 Engro Corporation Limited 5.76 6.0 -9.51% 10.65% Pak Suzuki Motor Company Limited -11.44 NIL 4.04% -48.50% United Bank Limited 3.98 2.5 21.20% 11.67% Thal Limited 13.85 9 Month 32.69 NIL -3.45% -6.73% Page 1 of 2 DAILY MARKET INSIGHTS 23-Apr-2020 CONSOLIDATED (where applicable) RESULTS and EPS (Qtr.) EPS DPS Growth over same Quarter ANNOUNCEMENTS Rs. Rs. Rs. EPS Gross Revenue Habib Metro Modaraba 0.30 9 Month 0.84 NIL 102.26% 47.92% United Distributors Pakistan Limited -4.02 9 Month (7.21) NIL -1772.77% 47.54% Bank Al Habib Limited 2.56 NIL 38.63% 15.46% GOC (PAK) Limited 1.37 9 Month (0.20) NIL -33.77% -17.67% First Habib Modaraba 0.45 9 Month 1.32 NIL 2.26% 30.71% Archroma Pakistan Limited 13.16 6 Month 22.93 NIL -4.37% 24.94% Trust Modaraba -0.01 9 Month 0.05 NIL 59.13% 19.13% Janana De Malucho Textile Mills Limited 6.83 9 Month 2.25 NIL 498.30% 33.68% Atlas Battery Limited 0.91 9 Month (5.45) NIL -111.15% -0.13% D.G. Khan Cement Company Limited -2.45 9 Month (4.61) NIL -229.41% -4.67% Attock Cement Pakistan Limited 6.42 9 Month 14.82 NIL 57.62% 19.67% Kohat Cement Company Limited -1.90 9 Month (1.41) NIL -159.14% -33.72% National Refinery Limited -64.32 9 Month (101.65) NIL -287.30% -28.79% Packages Limited -0.75 NIL -108.48% 12.51% Attock Refinery Limited -10.11 9 Month (17.71) NIL -400.27% -17.21% Murree Brewery Company Limited 9.87 9 Month 31.15 5.0 -15.99% 1.94% Pakistan Petroleum Limited 5.20 9 Month 14.18 NIL 2.85% 1.01% Pakistan Oilfields Limited 18.33 9 Month 49.06 NIL 60.51% 1.11% Atlas Battery Limited 0.91 9 Month (5.45) NIL -111.15% -0.13% Janana De Malucho Textile Mills Limited 6.83 9 Month 2.25 NIL 498.30% 33.68% Source: https://dps.psx.com.pk/announcements/companies UPCOMING BOOK CLOSURES DPS % Ex-Dividend Date EXCHANGE RATE Change Closing PKR / USD -0.24% 159.98 Source:http://www.sbp.org.pk/ecodata/rates/m2m/2020/Apr/23-Apr-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 Page 2 of 2.
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