April 29, 2019 OGDC announces Rs2.75 per share interim dividend Pakistan’s largest Exploration & Production (E&P) company, Oil & Gas Development Company (OGDC) has reported 9MFY19 profit after tax of Rs85.3 billion (EPS: Rs19.84),…
April 25, 2019 OGDC to post 54% growth in net profit Pakistan’s largest exploration and production (E&P) company, Oil & Gas Development Company (OGDC) is scheduled to announce its third quarter results tomorrow, 26th April…
April 22, 2019 Pakistan State Oil Company announces 50% interim dividend Pakistan State Oil Company (PSO) has released results for 9MFY19. Along with the result, company also announced an interim cash dividend of Rs5/share. The…
April 21, 2019 Pakistan State Oil Company likely to announce 50% interim dividend Pakistan State Oil Company (PSO) is expected to record an EPS of Rs15.76 for 9MFY19, down 53.4%YoY due to high inventory and exchange losses…
March 3, 2019 Pakistan issues Rs200 billion ‘Pakistan Energy Sukuk’ In an attempt to resolve Pakistan’s circular debt, the Ministry of Energy on Friday issued a Rs200 billion ‘Pakistan Energy Sukuk’. It has been…
February 26, 2019 HUBCO second quarter earnings down by 16%YoY Hub Power Company (HUBCO) posted 2QFY19 earnings of Rs2.4 billion (EPS: Rs2.11), down 16% YoY. This takes the 1HFY19 earnings to Rs5.4 billion (EPS:…
September 8, 2018 Pakistan capital market just cannot flourish without economic stability Amongst the key challenges facing the newly formed government headed by Imran Khan the two most important are: 1) declining foreign exchange reserves and…
April 1, 2017 Pakistan Stock Market Comes Under Pressure Trading at Pakistan Stock Exchange remained lackluster evident from benchmark index sliding by 1.7%WoW and closing the week at 48,156 points. The average daily…
March 27, 2016 KAPCO benefiting from falling input costs While remaining relatively immune from the circular debt build up, KAPCO has continued to benefit from falling input costs, supply of gas (although curtailment…
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…