United States

Analyst Research Report Snapshot


AKD STOCK SMART: Nov 02, 2012




AKD Securities Limited


02 Nov 2012





Companies referenced:


Available for Immediate Download

Weekly Review The KSE-100 Index closed out the week at 16,101.5 points, up 1.83%WoW, closing above the 16,000 points level for the first time. In this regard, Friday’s session saw the market add about 0.85% with benign inflation data (CPI came in at 7.66% for Oct’12, the lowest in 3yrs) adding impetus to expectations of further monetary easing come the Dec’12 MPS (Discount Rate is at 10%). Activity at the KSE picked up this week with average daily turnover of 150mn shares, up 13%WoW with cement stocks in the limelight, while net foreign inflow for the outgoing week clocked in at US$12.6mn. Within our coverage cluster, top performing stocks during the week were POL (+6.0%WoW), NML (+5.4%WoW with improved outlook of spinning segment and kickoff of EU’s preferential trade package) and UBL (+5.1%WoW post an above-line 9MCY12 result). Stocks losing out this week included PSMC (-5.8%WoW with bearish sentiment continuing post poor 3QCY12 results), SNGP (-5.1%WoW) and ENGRO (-2.6%WoW due to lingering gas supply concerns). Top five volume leaders for the week were FCCL, MLCF, DGKC, ANL and PTC.

Why buy analyst research?

  • Institutional quality research
  • Available for Immediate Download
  • Detailed company or industry insight
  • Print or save
  • 24 hour customer support
Return to previous page without adding this item to your cart.
Email Customer Support.

About Analyst Research

Analyst research reports are available for immediate download after purchase. You will have unlimited access to the report for 24 hours after purchase, to download, print or save it as many times as you wish. Analyst Research provided by Reuters does not constitute investment advice, and is not endorsed by Reuters Research. This information is protected by copyright and intellectual property laws. More information on Analyst Research.