Equity Investment: POL riding high on aggressive exploration
1/9/2012 1:03:34 PM
By Faizan Saleem
KARACHI: The stock of Pakistan Oilfields Limited (POL) has performed exceptionally well on the Karachi Stock Index (KSE) since the start of the new financial year FY12 due to some positive flows like sticky crude oil price, healthy growth in the production flows and prospective discoveries as number of exploratory and appraisal wells are under drilling, according to the research note of Arif Habib Limited.
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