Just in:  

You are here: Home»BR Research»All

BR Research: All


On any given day, yesterday's move at the KSE, when the benchmark index fell by 566 points on intraday basis, would have created some panic. But not anymore; not just days after the biggest-ever fall of 1,310 points seen last week. But, this piece isn't about yesterday's market movement or anything like that.
FY14 has turned out to be a sluggish year for Hub Power Company Limited. And the core reason behind this has been the maintenance costs, whether it is of the repair of Narowal plant or the main Hub plant through out the year.
Countrys second largest commercial bank, National Bank of Pakistan (NBP) has quickly turned around things, posting a massive increase in profits. The major impetus came from a significant decline in provision charges, which reduced by a third year on year.
Its a job well done at Pakistan Tobacco Company (KSE: PAKT). The tobacco giant saw massive boost to both its top line and bottom line during the six months ended June 30, 2014, thanks to the firms two factories in Nowshera and Jhelum that appear to be producing cigarette sticks at top speed.
Banks big or small have all made good profits so far this year and Bank Alfalah Limited (KSE: BAFL) is the latest bank to join the club. The P&L statement makes a good reading, showing double-digit growth in every single account head.
Street protests by PTI and PAT and their mishandling by the government haven't been just badly affecting the day-to-day economic activities in the central Punjab for the last ten days; moreover the economically-irrational demands of the protesting leaders are also making international investors and lending institutions apprehensive of the countrys economic future.
Economic managers won't like the July FDI numbers. As per SBP data released yesterday, Pakistan's net FDI (inflows minus outflows) had gone down 80 percent year on year to a meager $24 million in July. Thats a bad start to the new fiscal year, especially when last fiscal year was closed at net FDI of $1.63 billion with a 12 percent growth, albeit largely due to the rare telecom spectrum auction and declining outflows.


ArrowDJIA 17,039.49 0.36
ArrowNasdaq 4,532.11 0.12
ArrowS&P 1,992.37 0.29
ArrowFTSE 6,777.66 0.33
ArrowDAX 9,401.53 0.93
ArrowCAC-40 4,292.93 1.23
ArrowNikkei 15,586.20 0.85
ArrowH.Seng 24,994.10 0.66
ArrowSensex 26,360.11 0.17

where to buy

cheap wedding dresses

online -

Buy cheap Nike Mercurials cleats at
cheap wedding dresses on - Best Online Wedding Store

Banking Review 2013

Buy direct from

China free shipping trade platform

Buy new style hair wigs at cheap price on

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 15, 2014
Reserves $14.264 bln