United Bank (UBL): Earnings Revised Down, Downgraded to āHoldā
Investment Thesis: Post announcement of UBLās 2Q2018 financial results, we revise down our earnings estimate for UBL by ~25% for 2018-20 on the...
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Pakistan Banks: Advances Grow by 17% in 2017; ADR Improves to 53%
Advances of the banking sector grew by 17% in 2017 which is in line with growth registered during last year. Advances to deposit ratio (ADR)...
262 Views
Pakistan Strategy: MSCI Semi Annual Review, Pakistan Weight in MSCI EM Likely to Fall
MSCI semi annual index review is scheduled onĀ Nov 13, 2017Ā where Pakistanās weight in MSCI EM index is expected to be around 0.10% based on Oct 31,...
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Pakistan Inflation Review - Dec 2016
Consumer Price Index (CPI) inflation for Dec 2016 stood at 3.7% YoY as compared to 3.8% in Nov 2016. Inflation remained below market expectations....
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