KASB Pakistan Market Review

Dear Clients, KSE 100 exchange witnessed +$150m value traded today & closed 100 points negative. Notable positive interest was witnessed in Lucky Cement (2%), HBL Bank (3%), Mughal Steel (3%) & Abbot Pharmaceutical (3%). Among the negatives, Unity, TRG, Avanceon & Nishat Mills witnessed negativity. FATF’s comments on Pakistan’s 24/27 largely compliant progress still could… Continue reading KASB Pakistan Market Review

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Lotte Chemical Pakistan Limited (LOTCHEM)


Dear Clients, – Lotte Chemical Pakistan Limited (LOTCHEM) announced 4Q2020 results reporting profitability at PkR1.1bn (EPS of PkR0.72/sh), up by 45% YoY, overshooting street consensus. This takes CY2020 earnings to PkR2.1bn as compared to PkR5.4bn reported in CY2019. – Along with the result, the company announced a cash dividend of PkR0.75/sh. – The company posted… Continue reading Lotte Chemical Pakistan Limited (LOTCHEM)