HMFS l Habib Metro Financials Services | Research Updates

Research Updates

HMFS Buzzer

Fertilizer Offtake Numbers

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Weekend Review

 The SBP announced a further rate cut of 100bps on last Friday, but failed to inspire any excitement as the move met street expectations.

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Sector Update

The official fertilizer statistics for the month of Nov’19 released by NFDC wherein Urea sales have declined 12% Y/Y and in-creased 2.2x M/M due to lower base affect of last month,

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Market Round-Up

The market experienced a volatile session today, where it saw a high of 34,049 and a low of 33,757

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Economy Update

IMF’s executive board granted approval of an “Extended Fund Facility” (EFF) of USD6.2bn for Pakistan on July 3, 2019.

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Latest News

  • Dawn

    Current account deficit jumps to $572m in April as exports fall
  • Dawn

    New committee formed for talks with IPPs:
  • Tribune

    World Bank approves $500m loan
  • Tribune

    FBR seeks uniform tax on profit