7/30/2019 Pakistan Market Wrap

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January 04, 20

MARKET WRAP

PAKISTAN EQUITIES

report has been prepared by Elixir Securities Pakistan (Pvt.) Ltd. (Elixir Pakistan) The i nformation and opinions contained herein has been compiled or arrived at based upon inf ormation obtained from sources believed to be reliable and in good faith. Smation has not been independently verified and no guaranty, representation or warranty, express or im plied is made as to i ts accuracy, completeness or correctness. All such information and opinions are subject to change without notice. This documeformation purposes only, descriptions of any company or companies or their securities mentioned herein are not intended to be complete and this document is not, and should not be construed as, an offer, or solicitation of an offer, to buy or sell anyrities or other financial instruments. Elixir Pakistan may, to the extent permissible by applicable law or regulation, use the above material, conclusions, research or analysis in which they are based before the m aterial is disseminated to their customers

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to U.K. readers: This report is not for distribution in the United Kingdom to private customers, and investments mentioned in this report will not be available to any such private customer.opyright 2012, Elixir Securities Pakistan (Pvt.) Ltd.

elixirsecuritiesa dawood group company

Recovery at Karachi Stock Exchange continued as punters squared their short positio

from recent fall ahead of the weekend. Trading activity remained thin with mere

50mn shares exchanging hands on low foreign and local institutional interest while 2

and 3rd tier stocks continued to dominate the volume chart with Byco Petroleum BYC

PA +3.06% , Jahangir Siddique JSCL PA -2.66% and Maple Leaf Cement MLCF PA +.84

trading 13mn, 12mn and 7mn shares respectively. Cements traded lackluster while O

and Banks traded positive to help KSE100 index close green.

We expect fertilizers to pick momentum on payout excitement as they will be the fir

to come out with annual announcements followed by Cements having record sales

the preceding year.

Written B

Harris Ahmed Ba

habatla@elixirsec.co

Volume Leaders (Top 10 Scrips 52.11 Shares)

Scrip

Today's

Close

(PKR)

Previous

Close

(PKR)

+/-

(PKR)

High Rate

(PKR)

Low Rate

(PKR)

Volume

(mn

shares)

BYCO 13.79 13.38 0.41 14.15 13.52 12.70

JSCL 15.34 15.76 (0.42) 16.01 15.27 11.88

MLCF 14.48 14.36 0.12 14.84 14.30 6.95

FCCL 6.35 6.27 0.08 6.44 6.23 4.00

UBL 82.52 81.81 0.71 82.90 81.50 3.32

KESC 5.58 5.48 0.10 5.68 5.48 2.91

LOTPTA 7.04 7.05 (0.01) 7.25 7.01 2.81

CML 4.82 5.12 (0.30) 5.48 4.74 2.80

FFBL 38.49 38.59 (0.10) 39.00 38.40 2.43

PIAA 3.85 3.81 0.04 4.15 3.82 2.30

Source: KATS

PAKISTAN Market Wrap Small and Mids continue dominance

Market Data

Current Close 16,648.84

Previous Close 16,588.54

+/- (Points) 60.30

+/- (%) 0.36

Volume (mn) 99.58

Adv/Dec 184/131

YTD H/L 16,943 / 10,909

Source: KSE

KSE-100 Index 1-Year Performance

Source: Elixir Research

Yesterdays Settled Trades

Symbol Traded Vol (mn)

Settled Vol

(mn)

JSCL 18.85 10.49

BYCO 11.35 4.08

MLCF 7.40 3.10

ANL 4.06 1.40

NCL 3.93 2.54

Source: NCCPL (03-January-13)

Yesterdays Foreign Flows USD (mn)

Gross Buy 1.15

Gross Sell 1.05

Net 0.14

Source: NCCPL (03-January-13)

Sales Team

Karachi: (92-21) 3569 4666

Lahore: (92-42) 571 7953

Islamabad: (92-51) 2272 341-5 Market Wrap represents views of Elixir Securities Equity Sales Desk and opinions stated heremay not coincide with those of Elixir's Research Department

0

150

300

450

600

10,000

12,000

14,000

16,000

18,000

Dec-11

Jan-12

Feb-12

Mar-12

Apr-12

May-12

Jun-12

Jul-12

Aug-12

Sep-12

Oct-12

Nov-12

Dec-12

Vol mn (RHS) Index (LHS)

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