Nikka Neutral

Never Neglect Nikka Neutral

[Nikka Neutral @Nikka_Neutral]

@majorirfanakbar آپ بھی وارداتئیے ھو؟ 🤔🤔🤔

[Nikka Neutral @Nikka_Neutral]

@majorirfanakbar ویرے۔ زندگی وچ اپنڑے بڑے دکھ تے پریشانیاں نیں۔ تسی تے پڑوسی ملک دی کڑی نوں وہ دکھی نئیں دیکھ سکدے۔ تہاڈا کی بنڑوں گا؟

کجھ مدعے ائیرپورٹ والی سرکار نوں گھل دیا کرو۔

@gtayabg

[Nikka Neutral @Nikka_Neutral]

@IsbTraffic Will this 14th August schedule remain valid in spite of closed holiday?

[Nikka Neutral @Nikka_Neutral]

@IsbTraffic Next programme for DHA 2, please.

[KSEStocks @ksestocksdotcom]

JS Global on Fertilizer Sector: "As per provisional figures, Urea offtakes for Jul-2026 are estimated at 580k tons, down 5% YoY and 2% MoM. The decline is primarily attributable to monsoon rainfall during July, which disrupted fertilizer application and weighed on demand. FFC is expected to record offtakes of 268k tons, down 2% YoY and 12% MoM. EFERT is projected to report offtakes of 167k tons, down 19% YoY but up 58% MoM, while FATIMA’s urea sales are projected at 127k tons, up 30% YoY but down 9% MoM. Total urea inventory is expected at 951k tons, with EFERT holding the largest share of ~710k tons, representing 74% of the total industry inventory. "
#PSx #EFFERT #FFC

[Nikka Neutral @Nikka_Neutral]

@majorirfanakbar لگتا ھے آپکی آس ٹوٹ گئی ھوئی ھے۔

[KSEStocks @ksestocksdotcom]

SSL on Cement Sector "witnessed a significant increase, with Richard Bay coal surging by 4% QoQ and 18% YoY, primarily driven by geopolitical conflicts that disrupted global commodity supply chains. The Pak–Afghan border closure further forced companies to shift toward imported coal, increasing cost pressures. Additionally, higher oil prices led to a rise in inland freight and transportation expenses, particularly impacting North region players, where the higher cost of imported coal weighed on overall profitability.
#PSX #CEMENT SECTOR

[KSEStocks @ksestocksdotcom]

Al Habib Capital Markets on Economy: "Despite the deterioration in the trade balance, Pakistan's external position remained remarkably resilient. Record workers' remittances of USD 41.59bn, equivalent to almost 1.3x the merchandise trade deficit, provided the largest source of non-debt foreign exchange inflows and financed a substantial portion of higher import payments. Together with an 18.7% YoY increase in services exports, these inflows prevented a much larger current account imbalance and underscored the growing structural importance of remittances in maintaining macroeconomic stability.
#PSX #PAKISTANECONOMY

[KSEStocks @ksestocksdotcom]

SSL on Cement Sector "We remain constructive on the cement sector's outlook and expect demand to grow by 5–7% in FY27E, supported by a recovery in construction activity. The key catalyst is the higher PSDP allocation, which is expected to accelerate government-funded infrastructure projects and drive cement consumption. Additionally, the government's renewed focus on public housing and infrastructure initiatives, including the Mera Ghar Scheme, is likely to provide further support to domestic demand. On the external front, easing geopolitical tensions and improving Pak–Afghan relations are expected to facilitate the resumption of cement exports and normalize cross-border trade, while lower geopolitical risks could also ease energy and transportation costs. Collectively, these factors are expected to strengthen both demand and profitability across the sector.
#PSX #CEMNTSECTOR

[KSEStocks @ksestocksdotcom]

Rafi Securities on Pakistan #RefinerySector: " The Government wants Pakistan's existing refineries to invest ~US$6bn in deep-conversion upgrades so the country makes its own Euro-V petrol and diesel instead of importing them and in return refineries keep extra "deemed duty" margin on fuel sales in a protected escrow account that pays for up to 27.5% of each upgrade."

#PSX #PAKISTAN

[KSEStocks @ksestocksdotcom]

#FFC dropped 12.93 points today.

[KSEStocks @ksestocksdotcom]

AL Habib Capital Limited: "Pakistan's improving macroeconomic outlook, supported by declining pace of inflation, low interest rates, rising industrial activity, infrastructure spending, and recovering automobile sales, is expected to drive sustained growth in diesel and petrol consumption.
As the country's largest #OMC, #PSO is well positioned to capture this demand recovery."

#PSX #PAKISTAN

[KSEStocks @ksestocksdotcom]

No we’re not on anything. Least of all Panadol.

According to Chase Securities, the company’s base case is an 18% revenue growth with the bullish case at 25%.

Do you have a source for your single digit growth claim since the company did not give any projections in its April corporate briefing.

[KSEStocks @ksestocksdotcom]

PHARMA SECTOR FORWARD P/E

#PSX #PAKISTAN

[KSEStocks @ksestocksdotcom]

JS Global on Pakistan Cement Sector: "We expect #KOHC to report #EPS of Rs2.64 in 4QFY26, up 3%YoY and 30% QoQ, primarily driven by a 3% YoY increase in domestic offtakes and higher retention prices leading to a 3.9ppts YoY expansion in gross margins.
Sequential earnings growth is expected to be supported by an 11% QoQ recovery in dispatches."

#PSX #PAKISTAN

[KSEStocks @ksestocksdotcom]

Pakistan #AutoSector: "Going forward, the duty reductions on imported vehicles under NTP poses a serious threat to the local industry, while the likelihood of increase in sales tax on #HEV/#PHEV cars to 18/25%, will raise prices by around 10-15%, collapsing the fuel savings case that justified their purchase."

@JSGlobalOnline
#PSX #PAKISTAN

[KSEStocks @ksestocksdotcom]

FATIMA FERTILIZER COMPANY LTD (#FATIMA)

#PSX #PAKISTAN #EPS

[KSEStocks @ksestocksdotcom]

@JSGlobalOnline on HCAR "The duty reductions on imported vehicles under NTP pose a serious threat to the local industry. Under the new tariff regime, CBUs below 800cc will attract a 30% customs duty, while imported parts will face 25%. In contrast, CKD kits used by local assemblers will remain subject to a 32% duty, with duties on localized parts reaching as high as 46%. "
#PSX
#HCAR

[KSEStocks @ksestocksdotcom]

@alhabibcapital on the cement sector: "Export performance remained subdued: Cement exports declined 8.7% YoY to 0.79 mn tons during June, as North-based manufacturers recorded no export shipments, reflecting persistent logistical and competitiveness challenges. Although South-based mills increased exports by 20.1% YoY, the improvement was insufficient to offset the sharp weakness in northern exports."
#PSX
#Cement Sector

[KSEStocks @ksestocksdotcom]

BMA Capital: "We reiterate our BUY stance on International Steels (#ISL) with a June 2027 Target of PKR 149.0/share, implying a 63% upside.
Following its underperformance (-48%) relative to the #KSE100 Index during FY26, the stock is currently trading at an attractive FY27F PE of 8.2x, presenting a compelling entry opportunity."

@bmacapitalmgmt
#PSX #PAKISTAN