Karachi, May 20, 2015 (PPI-OT): KSE-100 Today – Key information KSE – 100 Index KSE-100 Index (May 20, 2015) 32,599.00 Change from last closing (130.55) Change from last closing (%) -0.40% YTD (Since Dec 31, 2014) 1.46% 12 Month High (Feb 03, 2015) 34,826.51 12 Month Low (Aug 28, 2014) 27,774.43 12 Month Average 31,254.29 ...
Read More »AKD Securities Limited – Business Confidence Survey 2015: Decoding the Corporate Pulse
Karachi, May 20, 2015 (PPI-OT): In the backdrop of an improved macroeconomic environment, our latest ‘Business Confidence Survey – 2015’ echoes an optimistic operating environment sentiment, particularly with respect to business growth. Our survey suggests that business confidence is relatively high and the current soft inflationary environment (low input cost pressures) coupled with a lower ...
Read More »AKD Securities Limited — South African Anti Dumping Duty
Karachi, May 15, 2015 (PPI-OT): As per news sources and discussions with management of different companies, South African Revenue Service has imposed an anti dumping duty on every Pakistani cement manufacturer ranging from 14%-77%. In this regard, Bestway cement has been charged the highest duty level of 77.2% while Lucky Cement is to be charged ...
Read More »AKD Securities Equity Research – Pakistan weekly update
Karachi, May 15, 2015 (PPI-OT): Weekly Review The market saw considerable volatility in the outgoing week, where the KSE‐100 index lost 1.46%WoW owing to concerns about the budget FY16. Although average traded volume rose by 2.05% WoW in average traded value suggest the investors shied away from taking bigger positions. However, improvements on the macro ...
Read More »AKD Securities Equity Research – Trigger Shark
Karachi, May 12, 2015 (PPI-OT): Correction Resumes Short‐Term: Shocking many complacent bulls, the benchmark KSE breached its minor averages through an extremely weak line yesterday to settle around the 55‐day average (32,590). Immediate support placed within 32,370 — 32,164 levels may allow a temporary relief with limited upside up to 33,000 level. However, the short‐term ...
Read More »AKD Securities Limited – INDU: Auto financing to improve earnings
Karachi, May 12, 2015 (PPI-OT): Pakistan Auto Sector remained one of the top performer at the KSE-100 Index in CY15TD where it posted a return of 23% against market’s return of 1.2%, outpacing it by 22.2%. Similar has been the trend of the AKD Universe where with return of 23% in the aforementioned period, Auto ...
Read More »Adam Securities Limited — Market Summary
Karachi, May 11, 2015 (PPI-OT): KSE-100 index took deep dip as SECP forwarded 16 references of corruption in capital market to NAB and agreed to form joint task force to curb corruption. Political uncertainty also played its part in bearish activity. At close, the Karachi Stock Exchange’s (KSE) benchmark 100-index down by 3.1% or 1,023 ...
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