| 

Brokerage

  • Elixir Securities Limited – Pakistan Equity Market: Weekly Review

    Karachi, January 05, 2018 (PPI-OT): Strong Foreign Flows Lead to 5% Gains in KSE-100 KSE100 Index rose by 2,052pts WoW (5.1%) to 42,524pts led by January Effect on fresh foreign buying. Index was driven by Banks, Cements, Exploration and Production (E and Ps) and Fertilizers contributing 787pts, 309pts, 253pts and 231pts, respectively. Banks returned 7.0%WoW…

    Read More
  • Elixir Securities Limited – Elixir Insight

    Karachi, January 05, 2018 (PPI-OT): Lalpir Power Limited – Furnace Oil Demise is a Boon We Initiate coverage with a Dec-18 PT of PKR35/share offering 72.6% total potential upside from last close (including 10.4% leading dividend yield) at a 14.5% cost of equity. LPL has historically suffered fuel losses of 160% of reported earnings over…

    Read More
  • JS Securities Limited – Weekly Review

    Karachi, January 05, 2018 (PPI-OT): Investors rejoice at the local bourse, KSE-100 index up 5% WoW The bulls rejoiced at the local bourse as the KSE-100 index ended the week (+5.1% WoW) with its twelfth consecutive positive daily closing. The performance remained particularly commendable given damning tweet by US President Mr. Donald Trump, following which…

    Read More
  • JS Securities Limited – Morning Briefing

    Karachi, January 05, 2018 (PPI-OT): Banks: More on the table in spite of recent price run up In spite of recent price run up in the banking sector, we believe Pak Banks offer further capital upside of at least 17% alongside 2018F D/Y of 7%. The sector trades at 2018F P/B of 1.20x (up from…

    Read More
  • IGI Securities Limited – Commodity News

    Karachi, January 05, 2018 (PPI-OT): Silver Technical Silver markets initially fell towards the $17 level during the trading session on Thursday, but found buyers in that area to rally significantly, towards the top of the overall consolidation. I believe that the $17.25 level above is the top of the overall attitude of the market right…

    Read More
  • IGI Securities Limited – Commodity News

    Karachi, January 05, 2018 (PPI-OT): Crude Oil Technical The WTI Crude Oil market went back and forth during the trading session on Thursday, initially rallying, but then pulled back a bit. The $61.50 level looks as if it is offering a bit of support. However, if we break down below there, the market probably finds…

    Read More
  • IGI Securities Limited – Commodity News

    Karachi, January 05, 2018 (PPI-OT): Gold Technical Gold markets continue to chop as we await the jobs number for the month of December in America. This has a massive influence on the greenback longer term, so I think that between now and the announcement could be a bit difficult to expect some type of massive…

    Read More

Categories

ARCHIVES