Tag Archives: AKD Securities

AKD Quotidian about — Circular Debt resolution leads to 8MFY14 FO based generation

Karachi, April 16, 2014 (PPI-OT): Following partial resolution of Circular Debt (CD) in which the govt injected Independent Power Producers (IPPs) with PkR270bn, massive improvement in cumulative power production of the country was expected. However, the velocity of this improvement remained slow as Pakistan’s total power generation according to data released by National Electric Power …

AKD Quotidian about — Fertilizer Numbers: Potential for higher imports in 2Q?

Karachi, February 28, 2014 (PPI-OT): As per the latest numbers released by the National Fertilizer Development Centre (NFDC), total urea off take In the first month of CYI4 (Jan) stood at 6192k tons, an increase of 19.7%YoY. According to AKD Securities, the growth was led primarily by higher sales of EFERT following availability of feed …

The post AKD Quotidian about — Fertilizer Numbers: Potential for higher imports in 2Q? appeared first on AsiaNet-Pakistan.

AKD Quotidian about — Pakistan Economy: FX Reserves bottomed out

Karachi, December 20, 2013 (PPI-OT): The Executive Board of the IMF has completed its quarterly review of the EFF program and has approved immediate disbursement of about US$550mn. According to AKD Securities, in doing so, the performance criterion on net international reserves was also waived. While expressing overall satisfaction over Pakistan’s performance in the program …

The post AKD Quotidian about — Pakistan Economy: FX Reserves bottomed out appeared first on AsiaNet-Pakistan.

AKD Securities Equity Research

Karachi, March 14, 2013 (PPI-OT): Corrective Profile Short- Term View: The benchmark KSE encountered resistance around the 50% retracement of 18312 to 17491 descend at 17902 yesterday. According to AKD Securities today, the index can recede back to minute supports around 17633 and 17579. In case of a break above 17902 17930 the index would […]