| 

Brokerage

  • JS Securities Limited – JS Research (December 05, 2022)

    Karachi, December 05, 2022 (PPI-OT): Nov-22: Plant turnarounds to impact Urea offtake As per provisional data, Urea sales in Nov-2022 are expected to clock in at 551k tons, down 4% YoY. Whereas, DAP offtake for the month of November is expected to clock in at ~231k tons vs. 220k tons in SPLY depicting an increase…

    Read More
  • JS Securities Limited – Weekly Review (December 02, 2022)

    Karachi, December 02, 2022 (PPI-OT): KSE100 reacts to unexpected rate hike, down 2% KSE100 opened the week on a pessimistic note after the SBP’s unexpected announcement of a rate hike of 100bp taking the policy rate to 16%. The market witnessed a partial recovery in the following days closing the week at 42,150 points, limiting…

    Read More
  • IGI Securities Limited – Day Break (December 02, 2022)

    Karachi, December 02, 2022 (PPI-OT): Oil and Gas Marketing Companies – Nov-22: Volumes drop by 12%y/y as higher prices continue to take a toll Industry volumes for oil marketing companies for the month of Nov-22 declined by 12%y/y to 1.55mn ton bringing industry volumes for 5MFY23 to 7.70mn ton down by 20%Y/y. Furnace Oil (FO)…

    Read More
  • AKD Securities Limited – Stock Smart (December 02, 2022)

    Karachi, December 02, 2022 (PPI-OT): Weekly Review The bourse witnessed an overall volatile week as uncertainty regarding the International Sukuk payment of US$1.1bn lingered amongst market participant, squeezing the overall sentiment and volumes alongside it. Participation in the market remained overall slow, with daily average volumes traded clocking in at 161.75mn shares, compared to 159.58mn…

    Read More
  • AKD Securities Limited – AKD Technical Daily (December 02, 2022)

    Karachi, December 02, 2022 (PPI-OT): KSE-100: Low volumes witnessed The index opened on a slightly positive note and faced a volatile session amidst low volumes. The local bourse posted an intraday high of 310pts and concluded with a gain of 45pts to settle at 42,394pts. The volumes clocked in the last trading session were slightly…

    Read More
  • AKD Securities Limited – AKD Daily (December 02, 2022)

    Karachi, December 02, 2022 (PPI-OT): Pakistan OMC sales for Nov’22 – more of the same POL product sales clocked in at 1.55mn tons for Nov’22, down by 12%/7% on YoY/MoM basis, compared to 1.75mn/1.66mn tons during Nov’21/Oct’22. Incoming winter season has had its say on falling RFO volumes (down 22%/33% on YoY/MoM basis) as well,…

    Read More

Categories

ARCHIVES