Daily Archives: June 19, 2017

Elixir Securities Limited – Elixir Grid

Karachi, June 19, 2017 (PPI-OT): Engro Corporation Limited – ENGRO PA: Aiming the Trend-line Support

ENGRO has been moving in an ascending channel visible on its longer-term time frames. Price has turned lower after hitting …

Elixir Securities Limited – Elixir Grid

Karachi, June 19, 2017 (PPI-OT): KSE100 – Looks to Weaken Further

The benchmark KSE 100 Index continues to retain its downside pressure, selling off strongly during the outgoing week. In the process it has also …

Elixir Securities Limited – Closing Bell

Karachi, June 19, 2017 (PPI-OT): Extends Losses! -265 pts

Pakistan Equities dropped further heading into the new week with benchmark KSE100 Index slipping by as much as ~0.6% and settling near 46,600 level. Market opened …

JS Securities Limited – Morning Briefing

Karachi, June 19, 2017 (PPI-OT): FFC: Tweaking estimates – ‘Buy’ maintained with revised TP of Rs104

We review our investment case for Fauji Fertilizer Limited (FFC) and tweak our estimates down by 12-24% for 2017E-19F. …

AKD Securities Limited Equity Research – Trigger Shark

Karachi, June 19, 2017 (PPI-OT): Shaking Confidence

The benchmark PSX registered a close below the tentative channel support line on Friday. This puts april’17 low of 46,048 level under threat with intervening 200-day average at …

AKD Securities Limited Equity Research – Daily Report

Karachi, June 19, 2017 (PPI-OT): NML: Fundamentals remain intact

Based on its continued focus on value added segment and higher expected payout from portfolio companies, NML (TP: PkR185.3/sh, upside: 23.7%) remains our preferred play in …