10 Feb, 2010

Research Reports for 10 feb, 2010

BMA

• Refineries: NRL - Lubes Steal the Show

KASB

• 2009: The year of peak banking spreads

IGI

• NRL - Financial Results 1H FY10

JS

• Refineries: 7MFY10 production update

09 Feb, 2010

Research Reports for 09 Feb, 2010

AKD

• POL_1HFY10 Result Preview / MEBL_CY09 Result Review

BMA

• Cement: ACPL - 1HFY10E EPS of PKR5.1

IGI

• Fiscal Account Update

KASB

• OGDC: Qadirpur issue provisionally settled

JS

• Oil consumption up 15%YoY in 7MFY10

Invest Cap

• CPI to settle at 13.3%, yields to take an uptick

08 Feb, 2010

Research Reports for 08 Feb, 2010

AKD

• Dis-inflation to Inflation_upswing gathering pace

KASB

• PTCL: Reiterating our liking post 2Q10 results

BMA

• E&P: POL - 1HFY10E EPS of PKR13.24

IGI

• APL & ATRL Result Preview 1H FY10

04 Feb, 2010

Research Reports for 04 feb, 2010

AKD

• Telecom Sector: Monthly Update

BMA

• Qadirpur Wellhead Gas Revision - OGDC EPS revised upwards by 7-11%
• Closed-end Funds: January 2010 Review

IGI

• POL - 1H FY10 Earnings Preview

KASB

• Banks: Blanket exposure to the economy

03 Feb, 2010

Research Reports for 03 Feb, 2010

AKD

• Spreads are firm, take another look at MCB

BMA

• Fertilizer: FFBL - Analyst Briefing Notes

IGI

• Pakistan Banks - Interest spreads firm at 7.48% in CY09
• Monetary Policy Review (January 2010)

KASB

• MS -: Hubco: Narowal delay & potential impact

JS

• Telecom subscribers’ roundup 2009

02 Feb, 2010

Research Reports for 02 feb, 2010

BMA

• Power: HUBC - And Now the Delay in Narowal COD

IGI

• FFBL - Uncertain times ahead

KASB

• Jan-10: KSE outperforms peers

AKD

• PTC: 1HFY10 Result Preview

JS

• Fertilizer: Sector profitability up 14%YoY

01 Feb, 2010

Research Reports for 01 Feb, 2010

AKD

• Monetary Policy_Patience and time

IGI

• Government responds back to ADB report on RPPs

BMA

• Economy: Monetary Policy: No Cut - Meeting Expectations

KASB

• Economy: SBP cautious approach continues