Tag Archives: AKD Quotidian

AKD Quotidian about — PSMC: TP revision following stronger PKR

Karachi, March 21, 2014 (PPI-OT): Following swift PKR appreciation, subsequent incorporation of higher GMs and a revision in volume estimates, AKD Securities raises AKD Securities’ EPS …

AKD Quotidian about — NBP: Worst may be over

Karachi, March 20, 2014 (PPI-OT): Following NBP’s worst performance in 10yrs (CY13 NPAT: PkR5.4bn, EPS: PkR2.48), AKD Securities cuts AKD Securities’ Dec’14 target price to PkR60/share …

AKD Quotidian about — NML: Attractive despite 2HFY14 weakness

Karachi, March 18, 2014 (PPI-OT): While NML posted strong results during 1HFY14 (EPS: PkR1O.96; +35%YoY), 2HFV14 results are expected to be sequentially lower due to lower …

AKD Quotidian about — Pakistan Economy: SBP to wait and see

Karachi, March 17, 2014 (PPI-OT): In a not unexpected move, the SBP has kept the Discount Rate unchanged at `10% for the next two months.

According …

AKD Quotidian about — Pakistan Market: Normalized growth in the high-teens

Karachi, March 14, 2014 (PPI-OT): The AKO Universe has posted combined earnings of PKRIO8.6bn in 4QCY13, translating into 11%YoYgrowth (ex-PTC: 18%YoY).

According to AKD Securities, normalized …

AKD Quotidian about — Pakistan Economy: Stronger PKR may unlock monetary easing

Karachi, March 13, 2014 (PPI-OT): In a surprising development, the PKR/US$ parity has appreciated by

6.68%MTD (7.04%CYTD) to PKR97.90/US$, a remarkable recovery last witnessed in 2001. …

AKD Quotidian about — Cotton Update Feb14

Karachi, March 12, 2014 (PPI-OT): USDA recently released its cotton report for March14 wherein Cot look has reduced its global consumption estimates for MY2014/15 (MY: Marketing …

AKD Quotidian about — Autos: Flattish sales in Feb14

Karachi, March 11, 2014 (PPI-OT): Total auto sales (cars + LCVs) in Feb14 have registered at 12,789 units (+1%YoY/-8%MoM) with car sales clocking in at 11,238 …

AKD Quotidian about — HBL: Picking momentum but rallied already

Karachi, March 07, 2013 (PPI-OT): AKD Securities raise AKD Securities target price for HOL by 6.5% to PKR165/ share following an average 5% increase in AKD …

AKD Quotidian about — Cement Dispatches Feb’14! BMFY14

Karachi, March 06, 2014 (PPI-OT): Total cement dispatches for Feb’14 registered an increase of 4%YoY to 2.1mn tons where local cement dispatches registered an increase of …