Brokerage

Karachi, September 11, 2013 (PPI-OT): The listed cement sector gained 4.2% yesterday with names such as LUCK, KOHC and MLCF closing at their upper circuits. According to AKD Securities in this regard, channel checks have confirmed an increase in cement prices in the south by PkR5/bag i.e. by -1% instead of the PkR3O/bag-PkRS5/bag price increase ...

The post AKD Quotidian about — Cement Sector: Aug’13 Cement Dispatches appeared first on AsiaNet-Pakistan.

The post AKD Quotidian about — Cement Sector: Aug’13 Cement Dispatches appeared first on AsiaNet-Pakistan.

Karachi, September 10, 2013 (PPI-OT): According to official statistics, total sales of POL products during 2MFY14 have clocked in at 3.Bmn tons, a growth of 8%YoY. According to AKD Securities among major products, sales of MS during 2MFYI4 increased by 13%YoY to 643k tons, FO sales increased by 12%YoYto 1.9mn tons while HSD sales declined ...

The post AKD Quotidian about — Aug’13 Monthly oil sales update appeared first on AsiaNet-Pakistan.

The post AKD Quotidian about — Aug’13 Monthly oil sales update appeared first on AsiaNet-Pakistan.

The post AKD Quotidian about — Aug’13 Monthly oil sales update appeared first on AsiaNet-Pakistan.

Karachi, September 02, 2013 (PPI-OT): Owing to a combination of global equity markets weakness, macro slippages and weak corporate profitability, the KSE-100 Index shed 4.9% in Aug’13 to close to 22,161 points. According to AKD Securities this clips FYI4TD returns to just 5.5%. Drilling deeper into corporate profitability, AKD Securities finds that the combined profitability ...

Karachi, September 02, 2013 (PPI-OT): World equities topple, KSE relatively sustained so far! As the probability of reversal in the FED’s stimulus (USD 85bn per month for bond buying) seems increasingly imminent, Arif Habib Limited saw world’s emerging markets shattering to nerves, as a result. According to Arif Habib Limited and, therefore, the previously most- ...

Karachi, August 30, 2013 (PPI-OT): Cement sector stocks came under heavy selling pressure yesterday (3.9% decline on average) as investors reacted sharply to rumors of a possible derailment in industry pricing. According to AKD Securities By way of background, cement producers without CPPs are at a relative disadvantage resulting in their push for an increase ...

Karachi, August 16, 2013 (PPI-OT): Recent Peak Under Challenge Above Minor Averages Short‐Term: Benchmark KSE continues to hold above minor averages. According to AKD Securities this can put recent peak (23,946) under challenge with a key support around 23,310 level. Sustained break above 23,946 would be required to set continuation …

Karachi, August 16, 2013 (PPI-OT): 1) HUBC; Time for bumper dividend now. Hub Power Company Limited’s (HUBC) Board of Directors is all set to announce company’s FY13 financial results on August 19, 2013. According to Arif Habib Limited preview HUBC to post a net profit after tax of PKR 9,914mn …