December 13, 2015 Impact of low oil price on Pakistan Stock Market In its latest meeting OPEC decided to maintain its oil output. This has triggered another slide in global crude oil prices. There are growing…
December 1, 2015 Finance Minister owes a clarification to the nation According to media reports the government has decided to leave petrol and high-speed diesel prices unchanged for the month of December despite a recommendation…
November 30, 2015 Pakistan: Power sector needs radical structural reforms Recently released generation numbers for October’15 when combined with 3MFY16 numbers confirm two major trends impacting the power space. Firstly, generation for the period…
November 5, 2015 Pakistani Banks Earnings Review and Outlook Despite 300bps cut in discount rate and stricter regulatory actions and budgetary measures, the AKD Securities banking universe has posted 9%YoY growth in profits…
November 5, 2015 PPL to get higher price for its new discoveries According to a recently released report by AKD Securities, 18 concessions of Pakistan Petroleum Limited (PPP) (where it is operator in 16 and non-operating…
November 4, 2015 Rs52 billion theft of gas in Pakistan I was completely shocked at the audacity (to be precise shamelessness) of CEOs of gas distribution companies, Sui Northern Gas Pipeline Ltd (SNGPL) and…
October 30, 2015 Fauji Fertilizer to set up urea plant in Tanzania Fauji Fertilizer Company Limited (FFC) has entered into a joint venture for setting up large-scale fertilizer plant in Tanzania. FFC is partnering with renowned…
October 28, 2015 PSO quarterly profit down by 38 percent Country’s largest oil marketing company, Pakistan State Oil Company (PSO) has posted net profit after tax of Rs3.3 billion (EPS: Rs11.97) for the first…
October 13, 2015 OMV finds another gas field in Pakistan OMV Pakistan, a wholly-owned subsidiary of OMV Exploration & Production GmbH, has found gas at the Latif exploration block in Sindh. The Latif South-1…
October 6, 2015 Pakistan State Oil Company Boon or Busted Pakistan State Oil Company (PSO) is country’s largest oil marketing company (OMC) operating in the public sector. It is scheduled to announce first quarter…