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Category: Brokerage

AKD Securities Limited – Off the Analyst’s Desk (29 Aug 2023)

Karachi, August 29, 2023 (PPI-OT): SYS: Earnings fall short of expectationsSYS just announced its 2QCY23 result, posting a consolidated PAT of PkR1.4bn (EPS: PkR4.86/sh) vs. PAT of PkR1.8bn (EPS: PkR6.34/sh) in the SPLY. On a QoQ basis, the company pos…

AKD Securities Limited – AKD Daily Technical (29 Aug 2023)

Karachi, August 29, 2023 (PPI-OT): KSE-100 – Trades below middle Bollinger bandMarket View – TechnicalThe index opened on a positive note and faced a bearish session. The local bourse posted a low of 272pts and concluded with a loss of 193pts to settle…

Taurus Securities Limited – Market Roundup (28 August)

Karachi, August 28, 2023 (PPI-OT): KSE-100 lost 80-point yesterday, to close at 47,671 with 192Mn shares being traded. Top performance as per price change was witnessed in SCBPL, HMB and IBFL. Top decliners GADT, BOP and UPFL. Activity was mainly conce…

AKD Securities Limited – Off the Analyst’s Desk (28 August)

Karachi, August 28, 2023 (PPI-OT): INDU 4QFY23 Result Review – Earnings beat market consensusIndus Motor Company Ltd. (INDU) announced its 4QFY23 results today, where the company posted earnings of PkR3.8bn (PkR48.6/sh), showing a 19%QoQ increase from …

JS Securities Limited – JS Research (28 August)

Karachi, August 28, 2023 (PPI-OT): DGKC and ACPL FY23 result previewsWe present 4QFY23 earnings expectations for DG Khan Cement Ltd. (DGKC) and Attock Cement Pakistan Ltd. (ACPL), where we expect bottom-line to take a hit owing to higher financial and …

AKD Securities Limited – AKD Daily (28 August)

Karachi, August 28, 2023 (PPI-OT): SYS and FATIMA 2QCY23 Result PreviewsSYS – 2QCY23 earnings expected to clock in at PkR11.32/sh: We expect SYS to maintain its high earnings trajectory owing to strong growth within almost all geographies, mainly MEA w…

IGI Securities Limited – Flash Note (28 August)

Karachi, August 28, 2023 (PPI-OT): Indus Motor Company LimitedEarnings: Indus Motor Company Limited (INDU) announced its 4QFY23, financial result. The company reported earnings of PKR 3.8bn (PKR 48.6/share) compared to same period last year of PKR 0.5b…

Taurus Securities Limited – Market Roundup (25 Aug 2023)

Karachi, August 25, 2023 (PPI-OT): KSE-100 gained 332-point yesterday, to close at 47,751 with 252Mn shares being traded. Top performance as per price change was witnessed in SCBPL, MCB and INIL. Top decliners FABL, DAWH and PSX. Activity was mainly co…

AKD Securities Limited – AKD Daily Technical (25 Aug 2023)

Karachi, August 25, 2023 (PPI-OT): KSE-100 – Sustains above 30-SMA; upside likelyMarket View – TechnicalThe index opened on a positive note and faced a bullish session. The local bourse posted a high of 576pts and concluded with a gain of 332pts to set…