9,374 - some recovery
October 26, 2009After a week of being buggered sideways (an intra -week loss of a 1000 odd points - 7%) , the KSE-100 index opened on a strong note, making a high of 9,415 and closed up at 9,374. While some investors are still full of Vaseline, the index could crawl back to 9,600.
Dividends : The profit after tax (unconsolidated) of Habib Bank Limited (HBL) increased to Rs 4.018 billion in the first quarter (July-September) of FY10 as compared to Rs 3.259 billion earned in the corresponding quarter in FY09….the bank’s earning per share (basic and diluted) increased to Rs 4.41 in the period under review against Rs 3.58 recorded in the same period of last year…Aaj News
Unilever Pakistan Limited has announced net earning of Rs2.29 billion for the nine months ended Sept 30, that is over 16 per cent higher than Rs1.97 billion profits the company booked in the corresponding period of 2008…. earnings per share is calculated at Rs172.43 as compared to Rs148.17 for Jan-Sept 2008. Net sales of the company were recorded at Rs28.50 billion in the period under review against Rs23.28 billion in 2008…The News
Nishat Mills Ltd (NML) has booked a pure profit of Rs513.20 million for the first quarter of fiscal year 2010 ended Sept 30th. This is, however, 27% lower than Rs706.55 million the company attained in the same quarter last year….Earning per share (EPS) was Rs2.12 against Rs4.36 in same quarter last year… The News
Market Low : 9,150.85 High : 9,415.61
Market Close : 9,374.50 — 223.65 points up
