Tag Archives: AKD Securities

AKD Securities — Trigger Shark

Karachi, December 04, 2014 (PPI-OT): Former Resistance at 32,049 — 32,225 Levels under Challenge Short‐Term: Yesterday’s recovery through 31,735 levels puts former resistance at 32,049 — 32,225 levels under challenge. Any reaction from the aforementioned resistance would produce a retreat

AKD Securities – Equity Research

Karachi, November 25, 2014 (PPI-OT): Pakistan Banks: Assessing recent trends The latest banking sector data indicates that banks’ balance sheet continues to grow in double digits (up 14%YoY in Sep’14). While the NPL ratio has slightly inched up to 13%

AKD Securities – Pakistan Economy

Karachi, November 24, 2014 (PPI-OT): Single-digit interest rates here to stay Led by lower food and petroleum product prices, Nov’14 CPI is expected to clock in at the sub-5%YoY range, which will vindicate the SBP’s 50bps cut in the DR

AKD Securities – Stock Smart

Karachi, November 21, 2014 (PPI-OT): Weekly Reviews This week the KSE-100 index surged above 32,000+ levels on the back of DR rate cut, however with profit taking during the end of the week, with the index settled at 31,495pts, upside

AKD Quotidian about — Circular Debt resolution leads to 8MFY14 FO based generation

Karachi, April 16, 2014 (PPI-OT): Following partial resolution of Circular Debt (CD) in which the govt injected Independent Power Producers (IPPs) with PkR270bn, massive improvement in cumulative power production of the country was expected. However, the velocity of this improvement

AKD Quotidian about — Fertilizer Numbers: Potential for higher imports in 2Q?

Karachi, February 28, 2014 (PPI-OT): As per the latest numbers released by the National Fertilizer Development Centre (NFDC), total urea off take In the first month of CYI4 (Jan) stood at 6192k tons, an increase of 19.7%YoY. According to AKD

AKD Quotidian about — Pakistan Economy: FX Reserves bottomed out

Karachi, December 20, 2013 (PPI-OT): The Executive Board of the IMF has completed its quarterly review of the EFF program and has approved immediate disbursement of about US$550mn. According to AKD Securities, in doing so, the performance criterion on net