Daily Market Insights

Daily Market Insights

DAILY MARKET INSIGHTS 6-Jan-2021 Change Index points KSE 100 INDEX PERFORMANCE OVERVIEW PKR % Change Closing KSE 100 Index 503 45,153 Contributing shares Closing Price - Rs. Meezan Bank Limited 7.72 7.21 62.62 114.81 Dawood Hercules Corporation Limited 6.97 5.67 53.85 129.97 Pakistan Oilfields Limited 16.08 3.97 47.85 420.98 KSE 100 INDEX VOLUMES Today 373 5 days average 339 280 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 Companies Banks / DFI Amount (Net) 260,165,960 (298,096,993) Buying / Selling sector wise composition All other Sectors 29.68% 49.45% Commercial Banks 23.46% 5.35% Power Generation and Distribution 15.36% 11.60% Oil and Gas Exploration Companies 10.68% 11.74% Source: https://www.nccpl.com.pk/en/market-information/fipi-lipi/fipi-normal-daily FOREIGN PORTFOLIO INVESTMENT TREND Today 221 (17) 5 days average (830) 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 a Substantial Shareholder, bought 35,000 shares at the price of Engro Corporation Limited Rs. 310.86 each on 05 January 2021. Disclosure of Interest by a Director, sold 3,200,000 shares at the price of Rs. 33.63 each Kot Addu Power Company Limited on 05 January 2021. Disclosure of Interest by a Substantial Shareholder, sold 8,300 shares at the average Pakistan International Container price of Rs. 177.07 each on 05 January 2021. Service Global Footwear Limited (SGFL) a subsidiary of the Company will be included as a shareholder in Joint venture project, Service Long March Tyres (Private) Limited (SLM), a Company incorporated in terms of Joint Venture Agreement executed amongst the Company, Chaoyang Long March Tyre Co., Ltd (LM) of China and Myco Corporation of Pakistan (MC). The equity stake of the parties in SLM will be – Service Industries Limited and associates / others (51% including SGFL not to be more than 23%), LM Service Industries Limited (44%, maximum 49%) and MC (maximum 5%). SLM is setting up a green field project for undertaking the manufacturing and sale of truck and bus radial category of tyres in Pakistan for local consumption and export. SGFL, as intimated vide notification dated 29 September 2020, is in process of raising capital through Initial Public Offering (IPO) and get itself listed on the Pakistan Stock Exchange Limited. The proceeds of the IPO will mainly be utilized for making investments in SLM. 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 Source: https://dps.psx.com.pk/Downloads/quote_202105jan.pdf EXCHANGE RATE Change Closing PKR / USD -0.02% 160.29 Source: https://www.sbp.org.pk/ecodata/rates/m2m/2021/Jan/06-Jan-21.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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