Posted on March 23, 2011
The benchmark KSE recovered 0.99 percent, or 112.92 points on Tuesday to settle at 11488.06 level, with turnover of 52.28mn shares against 47.64mn shares traded a day earlier. AKD_Technical_Outlook_March_24_2011The emergence of a candlesticks harami at 76.4 percent retracement (11346) of Feb 28 to March 10 recovery (11077~12218) depict that the decline is exhausting itself –Neutral. [...]
AKD Says: Immediate downtrend would reverse above 11658~11677 ...
Posted on March 23, 2011
As 1Q11 rears its end, we are increasingly bullish on LOTPTA declaring all-time high earnings of PRs1.4/sh due to strong primary margins during in the period. The disastrous earthquake and tsunami affecting Japanese PX supply and planned turnarounds in PTA plants during Mar-Apr should inflate prices and volatility in primary margins for 2Q11E. While primary [...]
KASB Says: LOTPTA: Eyeing all-time high 1Q and volatility beyond that ...
Posted on March 23, 2011
The index registered a higher low and closed in the green. The resultant formation is indicative of a bottom however a confirmation is required. The Stochastic Oscillator continues to decline and is well oversold and is at a level from where it usually reverses. Moreover the RSI is has inched up thus supporting the bullish [...]
KSE-100: Formation indicates bottom; Indicators well oversold ...
Posted on August 7, 2010
Who throws shoes on zardari? A senior people party worker throws shoes at Zardari, in Rendezvous convention where only selected people were invited by the Pakistan Embassy, there have allegation every where Zardari visited , people holding play cards and signs saying GO ZARDARI GO for the absence of zardari as his primary duty to be with Pakistani people at [...]
A Senior Peoples Party Worker throws shoes at Zardai ...
Posted on August 7, 2010
Man Throws Shoes At Pakistani President Asif Ali Zardari.A man is reported to have protested during the speech of President Asif Ali Zardari at Pakistan People’s Party’s convention here on Saturday Watch Video Shoe Attack Asif Ali Zardari in Bermigham UK
Pakistani president Asif Ali Zardari attacked with two shoes in UK ...
Posted on July 2, 2010
Company has some cash balance of around Rs 7bn at the end of 1Q-CY10. The company is also sitting at a cheap EV/EBITDA of nearly 1x and relatively less geared. As for CY10 net earnings, LOTPTA’s financial charges are toned down; however, company is still geared apparently given new parent company namely KP Chemicals Group loan. This is [...]
Lotte Pakistan PTA Ltd – Onlookers comment|CY10E P/E 2.8x ...
Posted on June 15, 2010
kse progress report, 5 Years Progress Report, kse
KSE 5 Years Progress Report ...
Posted on June 15, 2010
Shariah Compliant Stocks at KSE based on the review period ending December 09 (in alphabetical order KSE 100 Most recognized index of the KSE Representation from all sectors of the KSE and includes the largest companies on the basis of their market capitalization Represents over 85% of the market capitalization of the Exchange. Download KSE [...]
Shariah Compliant Stocks at KSE ...
Posted on February 7, 2010
OTTAWA: The world”s leading industrialised nations have pledged to write off the debts that Haiti owes them, following a devastating earthquake last month. Canada”s finance minister announced at a summit in Iqaluit, northern Canada that Group of Seven countries planned to cancel Haiti”s bilateral debts. Jim Flaherty said he would encourage international lenders to do [...]
G7 NATIONS PLEDGE DEBT RELIEF FOR QUAKE-HIT HAITI ...
Posted on February 7, 2010
SINGAPORE: World oil prices fell in the wake of weaker-than-expected US jobs data and at the end of a volatile week for global financial markets. New York”s main futures contract, light sweet crude for delivery in March, lost 34 cents to 72.80 dollars a barrel. London”s Brent North Sea crude for March dropped 69 cents [...]
OIL PRICES WEAKEN AT END OF WEEK ...
