Report
Shahrukh Saleem
EUR 9.32 For Business Accounts Only

KSE-100 needs a Babar-Rizwan partnership! (AKD Special Feature, Oct 26, 2021)

AKD Special Feature

KSE-100 needs a Babar-Rizwan partnership!

  • Pre-budget, a consensus target of above 50k was set for KSE-100. Shaheen Shah Afridi struck early blows to help the team as news of upcoming incentives for various sectors produced a rally in specific sectors.
  • Then came on the slow fight back from the opposition as the field was spread out, the delay in incentives provided to various sectors including Refinery and Automobiles leading to continuous slippage in the KSE-100.
  • Now comes the second half, a target has been set, work Special Feature Drawing lessons from the recent win of Pakistan on 24th Oct’21, we identify what is required for KSE-100 to breach the 50k level once again.
  • A bit of help from dew will come in handy as well, making the pitch easy to bat as commodity prices easing will not only result in a decrease in CAD but will also result in decrease in expected inflation while also curing some damage to the political capital of current government.

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AKD Securities Limited
AKD Securities Limited

AKD Securities Ltd. is one of the leading securities firm in Pakistan, providing a comprehensive range of investor focused services, including equity brokerage, economic and securities research, investment banking and financial advisory services. AKD Securities accounts for more than 6% of the average daily value of the Karachi Stock Exchange. AKD Securities was the first brokerage house to launch an online trading platform in Pakistan in November 2002 and now has the largest market share with over 6000 customers. This has helped diversify and expand the retail investor base in the country and ushered in a whole new universe of investors to the stock market.

AKD Securities Ltd. caters to a diversified group of domestic and international institutional investors, high net worth individuals and upscale retail clients, including expatriate Pakistanis. With high quality research, unparalleled execution and distribution capability for both regular and large block trades, AKD Securities Ltd. has earned an outstanding reputation in the Pakistani securities industry.Outside of commercial banks, AKD Securities Ltd. is one of the biggest capital market firms in the country. AKD Securities is the leader in raising and providing risk capital in underwriting, market making and mergers and acquisitions in Pakistan. Good corporate governance and professionalism are emphasized throughout the firm and AKD Securities Ltd. is amongst the very few companies to have introduced a firm-wide comprehensive CODE of ETHICS, overseen by an independent compliance manager.Ultimately, our success is based on the quality of service we provide to our customers and the trust and confidence reposed in us by them. Our focus, therefore, remains on customer satisfaction at all levels in the company.

Analysts
Shahrukh Saleem

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