DAILY MARKET INSIGHTS
28-Oct-2020
Change Index points KSE 100 INDEX PERFORMANCE OVERVIEW PKR % Change Closing KSE 100 Index (195) 41,187 Contributing shares Closing Price - Rs. The Hub Power Company Limited 4.37 5.46 96.26 84.36 Lucky Cement Limited (16.55) (2.38) (48.47) 678.43 The Searle Company Limited (18.18) (6.62) (39.35) 256.32
KSE 100 INDEX VOLUMES
Today 258 5 days average 283 250 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) 464,747,922 (725,647,584) Buying / Selling sector wise composition All other Sectors 42.92% 8.09% Cement 30.95% 41.64% Oil and Gas Exploration Companies 15.08% 15.75% Commercial Banks 4.88% 21.86% Source: https://www.nccpl.com.pk/en/market-information/fipi-lipi/fipi-normal-daily
FOREIGN PORTFOLIO INVESTMENT TREND
Today (653) (647) 5 days average (287) 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 recommended to the shareholders of the Company to approve investments in KE Venture Company Private Limited upto an amount not exceeding PKR K-Electric Limited 275 Million and for the purpose to pass special resolution under section 199 of the Companies Act 2017 at AGM of the Company. The Board of Directors of the Company has approved submission of an Expression of Interest (EOI) for the acquisition of majority shares, in Foundation Wind Energy-I Limited Fauji Fertilizer Company Limited and Foundation Wind Energy-II Limited, collectively held by Fauji Fertilizer Bin Qasim Limited and Fauji Foundation. Treet Corporation Limited (Hygiene Razor Plant) is working on its optimum capacity and currently the demand exceeds the production capacity. Therefore owing to increase in Treet Corporation Limited demand of Hygiene Razor; the Board of Directors have decided to enhance the capacity of Hygiene Razor and have given a CAPEX approval for Rs. 250 Million for capacity enhancement. The Board of Directors of the Company has resolved that the Company intends, in near future, to carry out a right issue of ordinary shares. The aggregate amount of the potential right issue be up to PKR 1,000,000,000/- which are intended to be issued at par value, the Loads Limited proceeds of which are intended to primarily be utilized for meeting the working capital requirements of the Company and investing in group entities.
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 Pakistan Stock Exchange Limited 0.19 NIL 385.04% 38.71% Shahzad Textile Mills Limited 3.77 NIL 734.46% 24.61% Indus Motor Company Limited 23.48 12.00 39.93% 65.06% Atlas Honda Limited 8.08 6 Month 7.14 4.00 75.84% 32.19% Fauji Fertilizer Company Limited 6.48 9 Month 14.17 2.55 78.79% -6.30%
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28-Oct-2020
CONSOLIDATED (where applicable) RESULTS and EPS (Qtr.) EPS DPS Growth over same Quarter ANNOUNCEMENTS Rs. Rs. Rs. EPS Gross Revenue The Hub Power Company Limited 6.28 4.00 44.95% 12.17% Abbott Laboratories (Pakistan) Limited 10.07 9 Month 31.72 NIL 270.76% 20.98% Jubilee Life Insurance Company Limited 6.37 9 Month 22.53 NIL -4.04% 77.66% Atlas Battery Limited 9.10 NIL 493.13% 25.91% Bestway Cement Limited 3.01 3.00 495.92% 20.73% Artistic Denim Mills Limited 1.50 NIL 388.99% 27.75% Systems Limited 4.36 9 Month 12.94 NIL 59.04% 32.65% United Distributors Pakistan Limited 0.45 NIL -35.61% -10.58% Standard Chartered Bank (Pak) Ltd 0.53 9 Month 3.08 NIL -51.04% -13.85% The Searle Company Limited 2.99 R: 13% 16.90% 12.10% Thal Limited 17.18 NIL 128.48% 31.71% Waves Singer Pakistan Limited 0.20 9 Month 0.48 -34.71% 37.67% Towellers Limited 10.75 NIL 159.68% 24.30% GlaxoSmithKline Pakistan Limited 3.54 9 Month 7.44 NIL 21.91% 32.32% Suraj Cotton Mills Limited 10.16 NIL 43.23% 18.27% Archroma Pakistan Limited 11.31 FY20 34.27 30.00 -75.66% -21.30% Nishat Mills Limited 3.52 NIL -26.40% 0.30% Byco Petroleum Pakistan Limited 0.05 NIL -57.20% -23.12% Shell Pakistan Limited 16.93 9 Month (56.69) NIL 217.90% -6.32% Tariq Glass Industries Limited 3.64 NIL 74.82% 14.72% Ismail Industries Limited 3.19 NIL 202.03% 17.48% Ghani Glass Limited 1.17 6.50 9.05% 4.77% The Bank of Punjab 0.81 9 Month 2.18 NIL -0.36% 32.91% Pakistan National Shipping Corporation 6.50 NIL 73.35% 21.29% First UDL Modaraba 0.06 NIL 275.71% 28.63% Azgard Nine Limited 0.45 NIL 67.46% 10.14% Pakistan Services Limited (0.01) NIL -41.83% -47.50% Crescent Steel & Allied Products Limited 4.88 NIL 392.00% 246.15% Loads Limited (0.32) NIL -698.21% -5.59% Nishat Chunian Power Limited 2.61 NIL -10.14% -18.47% Source: https://dps.psx.com.pk/announcements/companies
UPCOMING BOOK CLOSURES DPS % Ex-Dividend Date
Source: https://dps.psx.com.pk/Downloads/quote_202022oct.pdf EXCHANGE RATE Change Closing PKR / USD -0.18% 160.62 Source: https://www.sbp.org.pk/ecodata/rates/m2m/2020/Oct/28-Oct-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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