Saturday, July 20, 2013

They are also more likely to wear a tie


"Our inability to predict in environments subjected to the Black Swan, coupled with a general lack of the awareness of this state of affairs, means that certain professionals, while believing they are experts, are in fact not . Based on their empirical record, they do not know more about their subject matter than the general population, but they are much better at narrating—or, worse, at smoking you with complicated mathematical models. They are also more likely to wear a tie."


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Absence of awareness of errors


"But we act as though we are able to predict historical events, or, even worse, as if we are able to change the course of history. We produce thirty-year projections of social security deficits and oil prices without realizing that we cannot even predict these for next summer —our cumulative prediction errors for political and economic events are so monstrous that every time I look at the empirical record I have to pinch myself to verify that I am not dreaming. What is surprising is not the magnitude of our forecast errors, but our absence of awareness of it . This is all the more worrisome when we engage in deadly conflicts: wars are fundamentally unpredictable (and we do not know it). Owing to this misunderstanding of the causal chains between policy and actions, we can easily trigger Black Swans thanks to aggressive ignorance—like a child playing with a chemistry kit ."


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Friday, July 19, 2013

KSE EOD Daily Share Price Data - 18/07/2013

For: July 18, 2013
SYMBOL OPEN RATE HIGH RATE LOW RATE CLOSING RATE TURNOVER
ABL 81 80 78.4 78.69 75,500
ABOT 390 402 384.99 398.55 73,500
ACPL 134 135.48 131 131.82 90,700
ADAMS 34.5 36.22 35 36.22 12,000
ADMM 40 42 40 42 44,500
ADOS 72.87 76.51 75.01 76.51 7,000
AGIC 21.07 21 20.25 21 9,500
AGIL 80.4 80.5 80 80.5 5,500
AGL 11.51 11.31 11.3 11.3 2,000
AGSML 7.99 8 7 7 2,500
AGTL 207 211 208 211 7,100
AHCL 23.4 23.85 23.42 23.52 226,000
AHL 43.23 43.89 42.9 43.1 682,500
AICL 90.4 94.49 90.1 93.87 1,815,000
AICL-CJUL 90.73 0 0 94.11 0
AKBL 15.73 15.95 15.6 15.91 660,000
AKDCL 56 53.25 53.25 53.25 500
AKZO 65.2 66 65.08 65.99 7,000
ALTN 23.41 22.24 22.24 22.24 8,000
AMBL 11.15 11 11 11 1,000
AMTEX 3.05 3.14 3 3.05 284,000
ANL 6.71 6.82 6.6 6.64 907,000
ANSM 5.5 5.55 5.55 5.55 0
APL 563.36 574 565 574 1,050
ARM 41 42.01 42 42 2,000
ASFL 12 12 12 12 1,000
ASL 8.92 9.05 8.95 9 4,500
ASTM 13.75 13.11 12.8 13.1 3,000
ATBA 380.45 373.1 372.61 372.61 400
ATIL 48.7 49 48.5 48.93 6,000
ATLH 189.38 192 190 190 800
ATRL 224.29 228.87 220.6 223.63 1,938,000
ATRL-CJUL 225.1 0 0 224.19 0
BAFL 20.13 20.7 19.76 20.52 3,059,000
BAHL 31.39 32.2 31.3 32.02 1,246,000
BAHL-CJUL 31.5 0 0 32.1 0
BAPL 16.05 16.05 16.05 16.05 2,000
BCML 60 61.85 59.89 59.89 1,000
BERG 26.48 27.8 26.03 27.71 247,000
BGL 5.75 5.25 5 5 5,000
BILF 5.85 5.85 5.1 5.64 26,000
BIPL 6.6 6.74 6.59 6.66 674,000
BNWM 74.25 76.95 76.95 76.95 500
BOK 8.2 8.25 8 8.25 15,000
BOP 13.27 14.27 13.06 14.12 15,853,000
BROT 3.95 4.15 3.61 4.13 34,500
BWCL 72 75.6 75 75.6 2,000
BWHL 54.75 54.75 54.75 54.75 500
BYCO 11.16 11.2 10.58 10.72 5,368,500
CENI 14.5 15.05 15.05 15.05 500
CEPB 33.01 34.66 33.33 34.66 272,500
CFL 27.36 27.6 26.25 27.6 3,000
CHBL 3.37 3.28 3.2 3.28 39,500
CHCC 68.87 69.99 68.27 69 96,000
CJPL 1.72 2.72 1.72 2.3 256,000
CLCPS 1.44 1.6 1.43 1.59 25,500
CML 4.47 4.51 4.42 4.49 115,500
COLG 1851 1899.99 1851 1880 2,920
COTT 3.5 3.89 3.6 3.89 13,000
CPL 311.95 316 311 314.9 15,500
CPMFI 8.49 8.88 8.88 8.88 1,000
CPPL 41.21 43 41.4 41.8 139,500
CSAP 51.1 51.5 50.7 50.93 63,500
CSIL 8.1 9.1 7.9 8.5 225,000
CSM 1.94 1.97 1.81 1.96 5,000
CSUML 6.19 6.35 6.35 6.35 1,000
CWSM 14.75 15.2 14.55 14.65 30,500
CYAN 74.77 74.45 72.5 73.49 27,000
DAAG 5.7 6.3 5.03 5.75 2,500
DAWH 54.65 55.9 54.05 55.06 764,500
DBCI 4.04 4.39 4.05 4.21 152,500
DCH 2.9 3 2.9 2.95 148,500
DCL 7.45 7.84 7.4 7.77 2,122,000
DEL 2.94 3.2 2.8 2.9 18,500
DFML 4.5 4.8 4.52 4.61 87,000
DFSM 3.3 3.31 3.27 3.31 31,500
DGKC 90.8 92.47 90.3 91.63 2,102,000
DLL 66.17 66.8 65.5 66.78 11,000
DOL 5.63 5.74 5.51 5.69 34,500
DSFL 2.52 2.58 2.5 2.5 222,500
DSIL 4.99 5.1 5 5.08 39,500
DSL 4.73 5 4.51 4.7 48,500
DWSM 3.8 4.5 4.5 4.5 1,000
DYNO 40 40.01 40 40 9,500
ECOP 6.7 6 5.7 5.9 3,000
EFLTFC3 98 0 0 98 0
EFOODS 153.09 158.44 152.55 155.9 2,361,700
EFUG 84.5 86 83.5 85.5 19,500
EFUL 75.39 76.24 75.5 76.24 6,000
ELCM 34.65 36.35 36.35 36.35 0
ELSM 63 62.25 62 62.25 2,000
EMCO 3.15 3.3 3.29 3.29 1,500
ENGRO 167.78 168 161.1 164.99 7,295,000
ENGROTFC 102.15 0 0 102.15 0
ENGROTFC2 100.1886 102.5 102.5 100.1886 280
EPCL 13.39 13.8 13.41 13.65 432,500
ESBL 3.5 3.8 3.8 3.8 1,000
EWLA 6.3 6.5 5.6 6.5 20,000
EXIDE 434.48 431 428 430.98 3,400
FABL 11.16 11.9 10.92 11.76 11,401,500
FASM 119.08 116 116 116 500
FATIMA 25.69 25.77 24.95 25 2,568,500
FCCL 13.87 14.3 13.81 14.14 11,097,000
FCCL-CJUL 13.92 0 0 14.18 0
FCSC 3.99 4.1 3.91 4 1,484,500
FDIBL 2.09 2.17 1.9 1.96 10,000
FECM 3.89 3.83 3.83 3.89 4,000
FECTC 54.21 56.92 54.5 56.88 477,000
FEM 3.85 4.15 4.15 4.15 500
FEROZ 107.44 109.4 108 108.03 8,500
FFBL 43.58 44.7 43.35 44.37 2,087,500
FFC 113.85 114.5 113.71 114.05 1,211,100
FFC-CJUL 114.26 0 0 114.34 0
FFLM 3 2.9 2.9 2.9 500
FHAM 10.2 10.2 10.1 10.1 55,000
FHBM 10.66 10.67 10.67 10.67 20,500
FIBLM 1.6 1.75 1.75 1.75 500
FLYNG 4.71 4.92 4.7 4.91 179,500
FNBM 6.1 6.1 6.1 6.1 5,000
FNEL 6.13 6.98 6.2 6.38 191,000
FPJM 2.04 2.29 2.06 2.2 7,000
FRCL 5.52 5.66 5.65 5.65 5,500
FTSM 2.54 1.66 1.66 1.66 500
GADT 130 134.1 132 134.1 1,500
GAIL 5.01 5.29 5.1 5.29 2,500
GASF 9.19 9.2 9 9.19 39,000
GATI 165.03 173 172 172.33 600
GATM 26.7 27.5 26.25 26.25 2,500
GFIL 14.45 14.39 13.45 13.45 6,000
GGL 27 27.2 26.75 26.83 9,000
GHGL 66.45 63.8 63.25 63.56 2,500
GHNI 19.33 19.74 19.55 19.55 8,000
GHNL 7.5 7.59 7.21 7.59 5,500
GLAT 65.67 68.75 64.05 68 2,000
GLAXO 123.94 130.13 124 130.13 259,500
GRAYS 47.08 47.15 47 47.14 5,000
GRYL 9.49 10.38 8.49 9.1 93,500
GTYR 52.8 53.75 52.7 52.96 29,000
GUSM 4.8 4.75 4.75 4.75 25,000
GVGL 19.24 19.4 19.4 19.4 1,000
GWLC 12.84 13.84 12.7 13.84 350,500
HABSM 26.24 26 25.5 26 29,000
HADC 2.7 2.61 2.61 2.7 3,000
HAEL 5.75 6.75 6.75 6.75 4,000
HAL 25.5 25.99 25.7 25.99 11,000
HBL 149.06 155.2 146 153.39 1,043,100
HCAR 48.23 49 48.25 48.38 65,000
HICL 13.05 13.1 13.1 13.1 500
HINO 118.75 120 118 120 1,000
HINOON 110.31 115.82 113 115.8 54,000
HMB 18.4 18.5 18.4 18.5 65,000
HUBC 68.3 68.9 67.8 68.25 947,000
HWQS 13.4 12.5 12.5 12.5 1,000
IBLHL 41.45 43.52 41.41 43.51 36,000
ICI 170 171.5 170.12 171.41 7,800
ICIBL 1.58 1.7 1.56 1.68 94,000
ICL 44.5 45 43.4 45 10,500
IDEN 6.24 6 6 6 9,500
IDSM 11.23 12.23 11.35 11.35 1,500
IDYM 566.67 585 560 583.18 550
IFSL 13.6 13.5 13.5 13.5 500
IGIBL 2.21 2.33 2.2 2.21 268,000
IGIIL 137.09 143.94 139.5 141.33 95,100
INDU 315.04 315.05 315 315.05 1,000
INIL 46.68 47.4 46.27 47 29,000
ISIL 184 180 180 180 500
ISL 16.99 17.35 16.8 17.07 177,500
JDMT 62.07 65.17 64.99 65.17 3,000
JGICL 63 63.5 63 63.5 3,000
JLICL 104 100.01 100.01 100.01 500
JOPP 11.05 10.82 10.82 10.82 500
JPGL 3.77 3.87 3.75 3.78 514,500
JSBL 4.55 4.6 4.4 4.43 289,500
JSCL 13.13 13.48 13.11 13.16 5,844,000
JSGCL 33.06 33.71 33.5 33.71 1,000
JSIL 8.35 8.55 8.3 8.34 1,007,000
JSTFC6 100.25 0 0 100.25 0
JUBS 5.63 6.48 6.2 6.48 8,000
KAPCO 62.76 64 62.56 63.6 180,000
KAPCO-CJUL 62.99 0 0 63.76 0
KASBB 2.02 2.05 2.01 2.05 102,500
KASBSL 6.6 6.95 6.95 6.6 30,000
KCL 12.45 12.74 11.55 12.55 7,000
KESC 6.98 7.15 6.94 7.06 1,796,000
KHYT 49.86 51.175 51.175 51.175 0
KML 16.09 16.57 16.35 16.57 4,000
KOHC 96.91 99.25 96 97.42 593,500
KOHE 47.01 47.5 46.51 46.84 106,500
KOHP 4.5 4.88 4 4.11 291,500
KOHTM 12.75 13.44 13 13 4,500
KOIL 2.85 2.95 2.81 2.91 34,500
KOSM 14.3 14.8 14 14 38,000
KSBP 82.89 81.84 79.01 81.84 4,500
KTML 18.52 19.45 18.5 19.31 836,000
LATM 9 10 9 9 186,000
LEUL 6 5.5 5.15 5.5 1,000
LIBM 309.98 325.47 310 325.45 2,300
LINDE 190 199.4 191.5 194.36 3,500
LMSM 5.87 5.93 5.93 5.93 1,000
LOTCHEM 8.12 8.2 8.08 8.12 801,000
LPCL 9.27 9.75 9.29 9.49 4,418,000
LUCK 225.92 230.94 225 228.61 473,300
MACFL 25.71 26.2 25.26 26 26,500
MARI 149.93 154 148 151.78 57,300
MCB 270.25 272.89 268 270.2 971,000
MCBAH 17.75 17.51 16.75 17.5 9,500
MDTL 3.65 3.8 3.5 3.53 2,910,000
MEBL 34.28 34.6 34.04 34.6 6,000
MEHT 100.63 102 100 100.48 3,000
MFFL 509.66 505 505 505 600
MFTM 2.6 2.96 2.94 2.96 1,000
MIRKS 46 44 43.75 44 3,500
MLCF 25.92 27.21 26 27.21 19,701,500
MQTM 23.5 23 23 23 2,000
MRNS 63.75 63.05 63 63.03 1,000
MTIL 2.1 2.36 2.11 2.11 2,500
MTL 530.3 535 530 533 7,000
MUBT 4.12 4.53 4.15 4.15 8,500
MUCL 60.25 63.25 60 60 2,000
MUREB 295 309 300 300 3,500
MWMP 3.75 3.55 3.55 3.55 2,500
MZSM 3.7 3.8 3.8 3.8 25,000
NATF 379.95 396 380 390 11,400
NATM 19.2 18.2 18.2 18.2 500
NBF 6.94 7 7 7 500
NBP 55.55 56.4 54.01 54.67 10,656,000
NCL 64.71 67.6 64.25 67.17 3,831,500
NCPL 36.08 36.7 36 36.5 150,000
NETSOL 35.82 36.8 35.51 36.07 226,000
NEXT 5 5.25 5.25 5.25 8,000
NIB 2.53 2.57 2.5 2.53 1,486,000
NIBTFC 99.6471 0 0 99.6471 0
NICL 4.6 4.9 4.63 4.66 1,310,500
NML 105.45 106.49 105 105.84 691,500
NPL 35.87 36.01 35.7 35.98 195,000
NRL 250.93 259 251 253.75 114,900
OGDC 238.55 240.5 238 240.04 282,900
OLTM 7.99 8.3 8.3 7.99 2,000
OTSU 50 50.25 48.75 49.25 3,000
PACE 4.13 4.26 4.07 4.12 1,022,000
PAEL 15.41 16.41 15.65 16.22 3,439,000
PAKRI 24.71 24.98 24.5 24.62 97,500
PAKT 201.19 211.24 200 211.24 22,700
PASL 3.89 4.05 3.75 4.01 416,000
PCAL 65.9 69.19 67.04 69.19 12,000
PGCL 154.05 153.5 153.47 153.5 1,100
PGF 26.49 26.97 26.3 26.9 21,000
PIAA 8.46 8.99 8.45 8.88 9,389,500
PICT 207 205 205 205 700
PIF 12.31 12.6 11.51 12.3 106,500
PINL 8.19 8 8 8 7,000
PIOC 30.33 31.74 30.21 31.54 2,608,000
PKGI 10.21 10.95 10.5 10.5 1,000
PKGP 24.29 24.55 24.25 24.3 297,000
PKGS 245 248.5 233 235.13 29,400
PMI 1.85 1.9 1.9 1.9 1,000
PMPK 307.68 305.5 300 303.5 2,200
PMTFC6 100.0054 0 0 100.0054 0
PNGRS 2.82 2.66 2.66 2.82 2,000
PNSC 59.31 62 59.26 61.84 36,000
POL 519.89 529.99 520 527.21 413,850
POWER 7.93 8.05 7.75 7.95 78,000
PPL 242.04 243 237.51 241.5 1,744,400
PRET 181.5494 180.2837 180.2837 180.2837 0
PRL 87.5 89 87.1 87.45 36,000
PRWM 35.3 37.05 36 36.71 5,000
PSMC 148.49 153 146 147.71 2,500
PSO 332.3 339.98 333 338.64 2,140,500
PSYL 17.25 17.38 17.01 17.38 1,000
PTC 25.08 25.45 24.92 25.04 3,660,500
QUICE 8.83 9.05 8.84 8.93 267,500
RAVT 2.57 2.59 2.55 2.55 5,000
REWM 34 34.5 34 34.25 5,500
RICL 7.85 7.85 7.85 7.85 3,000
RUBY 10 11 9.55 10.57 36,500
SAIF 25.47 26 25.65 25.91 18,500
SANE 6.05 7.05 6.36 6.36 4,500
SANSM 22.51 23.63 22.5 23.63 21,500
SAPL 536.99 558.97 512 558.97 200
SARC 6 6.65 5.95 6.65 3,000
SBL 2.88 2.98 2.76 2.78 98,000
SCBPL 17.1 17.1 17.1 17.1 500
SCLL 6.19 6.2 6.19 6.19 20,500
SCM 14.99 15 14.85 14.99 7,000
SEARL 84.23 88.01 84.15 87.7 70,500
SEL 35 36.75 35.5 36.54 68,000
SEPCO 3.7 3.85 3.67 3.8 168,000
SFWF 21 21 21 21 1,000
SGML 24.89 25.2 24.3 24.52 28,000
SGPL 3 3 3 3 5,500
SHCI 3.9 4.45 3.5 3.5 4,500
SHEL 153.91 155.4 153.9 154.12 30,400
SHJS 83.98 83.6 83.6 83.6 0
SHSML 17.5 18 16.5 16.5 2,000
SIEM 700.85 713.75 700 706.44 3,650
SIGL 11.25 12.25 12.25 12.25 500
SILK 2.4 2.48 2.38 2.4 321,000
SING 19.95 20.84 19.85 20.84 2,000
SITC 222.32 225 223 224.6 24,200
SKFL 14.93 15.35 15 15.3 27,000
SLCL 3.4 2.6 2.6 2.6 500
SLYT 28.66 29.25 29 29 5,500
SMBL 2.48 2.63 2.44 2.56 513,000
SMTM 8 8 7.75 7.98 2,500
SNBL 7.71 7.96 7.8 7.88 100,000
SNGP 25.04 25.7 24.86 25.57 1,861,000
SPL 13.61 13.79 13.5 13.68 52,000
SPLC 2.56 2.65 2.65 2.65 10,000
SRVI 257.01 256.51 250 250 3,300
SSGC 21.77 22.15 21.82 21.99 1,557,000
SSIC 5.5 5.95 5.5 5.95 2,500
SSML 8.85 9.1 8.99 9 218,500
STJT 42.99 42.9 42.75 42.83 3,000
SUHJ 5.6 6.5385 6.5385 6.5385 0
SURC 91.75 94.99 90 92.54 10,000
SUTM 194.59 201.9 201.9 194.59 2,000
TATM 33 32.62 32.25 32.25 32,500
TCLTC 59.16 62.11 61.8 62.11 250,500
TDIL 8.71 9.1 9 9.08 3,500
TELE 5.23 5.26 5.06 5.17 1,648,500
TGL 24.18 25 24 24.93 246,000
THALL 132.17 133.75 132 133.73 3,100
TMFBLTFC2 100 0 0 100 0
TPL 7.52 7.99 7.67 7.84 68,500
TREET 155.47 163.24 163.24 163.24 32,500
TREI 1.9 2.1 1.9 2.03 8,000
TRG 9.78 10 9.8 9.83 1,058,000
TRIPF 219.33 220 218 218.66 3,200
TRPOL 1.9 1.95 1.75 1.75 4,500
TSPL 2.87 2.94 2.7 2.85 34,000
UBL 133.05 134.5 132.01 133.04 1,448,000
UBLTFC3 101.4667 0 0 101.4667 0
UBLTFC4 99.9971 0 0 99.9971 0
UCAPM 1.3 1.5 1.37 1.5 15,000
UDPL 16.2 15.8 15.75 15.8 2,000
UNIC 9.5 9.75 9.5 9.75 5,000
WAHN 60 60.9 60.25 60.25 1,500
WTCL 4.16 4.19 4.11 4.14 108,500
WTL 2.95 3.03 2.95 2.96 524,000
WYETH 1777 1810 1750 1800 5,560
YOUW 4.93 5.2 5 5.09 26,500
ZAHT 15.1 15 14.75 14.81 3,000
ZIL 162.8 170.94 170.94 170.94 1,000
Total Turnover 182,312,260

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Thursday, July 18, 2013

Shariah Compliant Stocks at KSE based on the review period ending December 2012

S. No Name Symbol
1 Abbott    Laboratories ABOT
2 Agriauto Industries    Ltd AGIL
3 Atlas Battery ATBA
4 Atlas honda cycle ATLH
5 Attock Cement ACPL
6 Attock Refinery Ltd ATRL
7 B.R.R. Guardian    Modaraba BRR
8 BankIslami Pakistan BIPL
9 Bannu Woollen Mills    Ltd BNWM
10 Bata (Pak) BATA
11 Bawany Air Product    Ltd BAPL
12 Burshane LPG    (Pakistan) Ltd BPL
13 Cherat Cement CHCC
14 cherat packaging Ltd CPPL
15 Clariant Pakistan    Ltd CPL
16 Crescent standard    modaraba CSM
17 D.G.Cement DGKC
18 Dewan Farooque    Spinning Mills Ltd. DFSM
19 Dynea Pakistan DYNO
20 Elite Cap. Mod FECM
21 Engro Foods Ltd. EFOODS
22 Exide Pak. Ltd EXIDE
23 F. National Bank    Modaraba FNBM
24 Fauji Bin Qasim FFBL
25 Fauji Fertilizer Ltd FFC
26 Fecto Cement Ltd FECTC
27 Ferozsons Lab. FEROZ
28 First Habib Bank    Modaraba FHBM
29 First Habib Modaraba FHAM
30 Flying Cement FLYNG
31 Ghandhara Industries    ltd GHNI
32 Ghandhara Nissan Ltd GHNL
33 Ghani Gases GGL
34 Ghani Glass GHGL
35 Glaxo Smith Kline GLAXO
36 Grays of Cambridge GRAYS
37 H.Atlas car HCAR
38 Habib ADM LTd HAL
39 Haydari Construction HADC
40 Hino pak HINO
41 Hub Power Co HUBC
42 Huffaz Pipes HSPI
43 I. C. I. Pakistan ICI
44 IBL Healthcare Ltd IBLHL
45 Indus motor INDU
46 K.S.B.Pumps KSBP
47 Karachi Electric    Supply Corp KESC
48 Kohat Cement KOHC
49 Kohinoor Energy KOHE
50 Lafarge Pakistan    Cement LPCL
51 Linde Pakistan Ltd LINDE
52 Lotte Pakistan PTA    Ltd LOTPTA
53 Lucky Cement LUCK
54 Maple leaf cement MLCF
55 Mari Petroleum MARI
56 Meezan Bank Ltd MEBL
57 Mehran sugar MRNS
58 Millat Tractor Ltd MTL
59 Nat. Refinery Ltd NRL
60 National Foods NATF
61 Netsol Technologies    Ltd NETSOL
62 Nimir Ind. Chemical    Ltd NICL
63 Nishat Mills NML
64 Oil & Gas Dev.    Co OGDC
65 P. S. O. PSO
66 P.N.S.C. PNSC
67 P.T.C.L.A PTC
68 Packages PKGS
69 Pak Int. Cont. Ltd. PICT
70 Pak Oilfields POL
71 Pak Refinery PRL
72 Pak Suzuki PSMC
73 Pakistan Petroleum PPL
74 Pioneer Cement PIOC
75 Prudential Modaraba.    Ist PMI
76 Punjab Modaraba FPJM
77 Quice Foods QUICE
78 Sally Textile Mills SLYT
79 Sazgaar Engineering    Works Limited SAZEW
80 Searl Company SEARL
81 Service Ind. Ltd SRVI
82 Shell Pakistan Ltd. SHEL
83 Sitara chemical ind. SITC
84 Sitara Peroxide Ltd SPL
85 Standard Chart. Mod. SCM
86 Sui Northern SNGP
87 Tariq Glass TGL
88 Telecard TELE
89 Thal Limited THALL
90 Wah-Nobel Chemicals    Ltd WAHN
These companies have been screened from the list
of securities eligible for entry in KMI-30 as on December
31st, 2012.
Courtesy of Al-Meezan Investments Ltd. Shariah Advisors





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