Research

Profile

AHL Research is the research platform of Arif Habib Limited, a market leader amongst sell-side brokerage houses of Pakistan. Over the years, the AHL Research department has been at the forefront of providing clients in-depth reports and analysis on major companies, sectors and the economy of Pakistan.
With a team of 8 analysts covering over 50 companies across 11 major sectors, i.e. over 70% of the KSE-100 Index free-float market cap, AHL Research has unmatched corporate access that spans over different sectors and especially KSE-100 stocks covered in FTSE and MSCI Indices. The coverage is backed by integrated and in-depth financial models along with detailed coverage initiations. Analysts follow a thematic research approach and regularly issue notes that cover sector / company alerts, company updates, model updates, and change in estimates while also maintaining frequent follow ups with companies’ management teams to obtain forward guidance from time to time through management meetings and calls.
The team not only covers qualitative research but also prepares notes on quantitative analysis (on demand) that help in investment idea generation, as it is given access to the best analytical tools available in terms of a dedicated Bloomberg terminal, subscription to exclusive industry data (local & international) and unparalleled access to industry experts that makes for in-depth and insightful analysis. The quality of services offered have been recognized and accorded various accolades and credentials including: Best Brokerage House (2017 & 2015) – The Asset magazine, and Best Research Analyst – Winner (2020) / Runner-up (2014) – CFA Society of Pakistan.


News Highlights


Daily Call


Market Review & Stock Recommendations

  • Market Review & Stock Recommendations

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Detailed Company Coverage Report

  • KSE-100 Index Profitability - Profitability up by 36% YoY in 4QCY20

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  • MSCI Quarterly Index Review Feb’21

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  • Jan’21: PSX 2nd best performing market in the region

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  • MPS: Review - Monetary Policy Statement: Unchanged Policy Rate at 7%; Rates expected to hold in the near term

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  • Senate Elections 2021 - Marred by controversy, hot waters likely to settle

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  • Pakistan Economy - Fiscal Deficit in 1HFY21 clocked-in at PKR 1,138bn (2.5% of GDP)

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  • Monthly Economic Update & Outlook (Jan’21)- Key Takeaways

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Sectors Coverage Report

  • Declining Oil Prices! - October 2014

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  • Fertilizer Sector - Sow Today, Harvest Tomorrow! - March 2013

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  • GSP+ Status rejuvenates Textile's growth potential! - December 2013

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  • Exploration and Production - Exploration Returns - November 2011

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Investment Strategy Report

  • Strategy Report CY 2020

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  • Strategy Report CY 2018

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  • Strategy Report CY 2016

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  • Strategy Report CY 2019

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  • Strategy Report CY 2017

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  • Strategy Report CY 2015

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Budget Report

Source: PSX