Dear Clients, We have published a detailed report on ESG investing and made an attempt to identify six companies, which we think have a strong social consciousness and purpose. Globally more than $30 trillion assets now follow ESG rules. This is likely to increase, driven by both by regulation and fiduciary care. Investment data shows… Continue reading Invest for Good: Applying ESG framework to the top 30 listed companies in Pakistan
Author: Anum Qudsia Siddiqui
Cement dispatches end year on a high note
Industry off-take grows by 2% YoY: Total Cement dispatches during FY20 inched up by 2% YoY and registered at 47.81mn MT compared with 46.88mn MT recorded during FY20. Overall industry growth was primarily supported by exports, which grew by 20% YoY to 7.85mn MT while domestic off-take fell by 1% YoY to 39.96mn MT. Domestic… Continue reading Cement dispatches end year on a high note
Key Takeaways from Jahanzeb Naseer’s Global Market Outlook Webinar
Each market cycle tends to be different. Trying to estimate the length of a bullish/bearish by averaging out past trends can be very distorting. The market prices represent a discounting mechanism, which is a combination of three things: future growth, the discount rate, and risk premium that the market is willing to give. The fact… Continue reading Key Takeaways from Jahanzeb Naseer’s Global Market Outlook Webinar
Daily news: 7th July 2020
Good Morning After posting decrease for three consecutive months, cement dispatches increased by 29.94 percent in June 2020 to 4.623 million tons from 3.557 million tons in June 2019, ending the fiscal year 2019-20 on a positive note. The Sukkur-Hyderabad Motorway project at the cost of Rs182.5 billion, along with N-25 Karachi-Quetta Road worth approximately… Continue reading Daily news: 7th July 2020
Global Market Outlook and Guidance on How to be a Good Equity Analyst
Daily news: 6th-July-2020
Good Morning The previous week saw the market witness a sustained uptrend for all trading sessions largely instigated by a surprise 100bps cut in interest rates to 7.0%. This bullish spree brought the KSE100 index back towards the 35k market by the week’s end. We believe lower interest rates have compelled investors to re-allocate their… Continue reading Daily news: 6th-July-2020
Pakistan’s Trade Enigma
History bears witness to the fact that Pakistan always has tendency to resort to myopic solutions to deep rooted structural problems. One such arena is trade. Despite prodigious claims, successive governments have failed to make their mark in trade forte. There is a famous proverb in Urdu that translates into “live within your mean” or… Continue reading Pakistan’s Trade Enigma
Daily news: 3rd July 2020
Good Morning On June 26, the foreign currency reserves held by the SBP were recorded at $11,231 million, up $1,270 million compared with $9,961.2 million in the previous week. IFC, a member of the World Bank Group, is making an equity investment of up to Rs 500 million (about $3.2 million) in Pakistan Mortgage Refinance… Continue reading Daily news: 3rd July 2020
FX Reserves Position-26th-June-2020
Investing in emerging markets – lessons from Russia
Dr. Hassan Malik – Prince Street Capital NY. Author of book, Bankers, and Bolshevik: Lessons from Russia and Ali Farid Khwaja, Managing Director KASB Securities.
