Pakistan Stock Exchange (PSX) Weekly Analysis 18 June, 2018

BUY recommendations are:  ABL, ACPL, APL, ASTL, CHCC, DGKC, ENGRO, FATIMA, FCCL, FFBL, GWLC, GTYR, HASCOL, HBL, HCAR, HMB, HTL, HUBC, INDU, KAPCO, KOHC, LPL, LUCK, MARI, MCB, MLCF, NATF, NBP, NCL, NCPL, NML, NPL, OGDC, PAEL, PIOC, PKGP, POL, POWER, PPL, PSMC, PSO, and UBL.

Top gainers of last week were: ENGRO, NML, PSO, OGDC, and PPL.

Top losers of last week were: FCCL, PIOC, DGKC, MLCF, and ASTL.

Top Volume Leaders of last week: BOP, PAEL, LOTCHEM, FCCL, and KEL.

The Pakistan Stock Exchange (PSX) market index remained lackluster most part of the current week. KSE-100 index has closed on 43,681 by losing 267 points or -0.61%. While KSE-30 index has closed on 21,566 by gaining 98 points or 0.45%.

According to experts of http://www.karachistockexchange.org, following news have played vital role in Karachi Stock Market index movement:


  • Leadership in National Security Committee meeting, reaffirming Pakistan's commitment to meet the international agency's requirements in upcoming FATF meeting later this month
  • SC sets 30-day deadline for verdict in Nawaz cases, after extending the deadline given to the accountability court of Islamabad
  • CJP observing that the court has no objection to the Amnesty Scheme and gave one month time to the committee to come up with suggestions against their reservations
  • SECMC claiming to unearth the first layer of coal from its open-pit coal mine in Thar Coal Block II, five months ahead of schedule
  • GoP making special allocation of PkR25bn to start construction of Bhasha Dam and Mohmand Dam

Following are few BUY recommendations:

Allied Bank Limited (ABL) – BUY 
Current Price: PKR 99.82
Target Price: PKR 122

Attock Cement (ACPL) – BUY 
Current Price: PKR 156
Target Price: PKR 261

Adamjee Insurance (AICL) – BUY 
Current Price: PKR 51
Target Price: PKR 83

Attock Petroleum (APL) – BUY 
Current Price: PKR 610.51
Target Price: PKR 745.14

Amreli Steels Limited (ASTL) – BUY 
Current Price: PKR 73.95
Target Price: PKR 128

Cherat Cement (CHCC) – BUY 
Current Price: PKR 107.78
Target Price: PKR 153

Dera Ghazi Khan Cement (DGKC) – BUY 
Current Price: PKR 120.33
Target Price: PKR 194

ENGRO Corporation (ENGRO) – BUY 
Current Price: PKR 321.21
Target Price: PKR 348.84

Fatima Fertilizer (FATIMA) – BUY 
Current Price: PKR 30.29
Target Price: PKR 45.1

Fauji Cement Company Limited (FCCL) – BUY 
Current Price: PKR 23.75
Target Price: PKR 39

Fauji Fert. Bin Qasim Limited (FFBL) – BUY 
Current Price: PKR 39.24
Target Price: PKR 48.10

Gharibwal Cement Ltd (GWLC) – BUY 
Current Price: PKR 21.53
Target Price: PKR 58

General Tyre & Rubber (GTYR) – BUY 
Current Price: PKR 166.57
Target Price: PKR 231

Hascol Petroleum (HASCOL) – BUY 
Current Price: PKR 317.93
Target Price: PKR 372

Habib Bank Limited (HBL) – BUY 
Current Price: PKR 181.24
Target Price: PKR 248

Honda Cars (HCAR) – BUY 
Current Price: PKR 350.70
Target Price: PKR 707

Habib Metro (HMB) – BUY 
Current Price: PKR 44
Target Price: PKR 50

Hi-Tech Lubricant (HTL) – BUY 
Current Price: PKR 95.36
Target Price: PKR 116

HUBCO (HUBC) – BUY 
Current Price: PKR 98.15
Target Price: PKR 138.7

Indus Motors (INDU) – BUY 
Current Price: PKR 1,459.56
Target Price: PKR 2,069

Kot Addu Power (KAPCO) – BUY
Current Price: PKR 58.49
Target Price: PKR 65

Kohat Cement (KOHC) – BUY
Current Price: PKR 130.40
Target Price: PKR 248

Lalpir Power (LPL) – BUY 
Current Price: PKR 19.12
Target Price: PKR 30

Lucky Cement (LUCK) – BUY 
Current Price: PKR 542.02
Target Price: PKR 827

MARI Petroleum (MARI) – BUY 
Current Price: PKR 1,562
Target Price: PKR 2,040 

Muslim Commercial Bank (MCB) – BUY 
Current Price: PKR   206.12
Target Price: PKR 252

Maple Leaf Cement (MLCF) – BUY 
Current Price: PKR 58.94
Target Price: PKR 107

National Foods (NATF) – BUY 
Current Price: PKR 300
Target Price: PKR 413

National Bank of Pakistan (NBP) – BUY 
Current Price: PKR 49.12
Target Price: PKR 74

Nishat Chunian (NCL) – BUY 
Current Price: PKR 49.55
Target Price: PKR 69

Nishat Chunian Power (NCPL) – BUY 
Current Price: PKR 26
Target Price: PKR 50

Nishat Mills (NML) – BUY 
Current Price: PKR 153.54
Target Price: PKR 174

Nishat Power (NPL) – BUY 
Current Price: PKR 29
Target Price: PKR 51

Oil & Gas Development Co. (OGDC) – BUY 
Current Price: PKR 167
Target Price: PKR 193

Pak Elecktron Limited (PAEL) – BUY 
Current Price: PKR 39.78
Target Price: PKR 51.70

Pioneer Cement Limited (PIOC) – BUY 
Current Price: PKR 47.48
Target Price: PKR 109

Pakgen Power (PKGP) – BUY 
Current Price: PKR 19.10
Target Price: PKR 34

Pakistan Oilfields (POL) – BUY 
Current Price: PKR 693.39
Target Price: PKR 714

Power Cement (POWER) – BUY 
Current Price: PKR 8.60
Target Price: PKR 16

Pakistan Petroleum (PPL) – BUY 
Current Price: PKR 221.17
Target Price: PKR 239

Pak Suzuki Motors (PSMC) – BUY 
Current Price: PKR 433
Target Price: PKR 620

Pakistan State Oil (PSO) – BUY 
Current Price: PKR 330.30
Target Price: PKR 392

United Bank Limited (UBL) – BUY 
Current Price: PKR 179.86
Target Price: PKR 238

Thank you very much for reading this article.

NOTE: The information posted in this blog /forum (http://www.karachistockexchange.org/) is based on current affairs & investors point of view. There may be discrepancy in the ground realities. The information given in this blog /forum (http://www.karachistockexchange.org/) is as of the date of this post and there can be no assurance that future results or events will be consistent with this information. This post is provided for assistance only and is not intended to be and must not alone be taken as the basis for any investment decision. The user assumes the entire risk of any use made of this information. Each viewer of this post should make such investigation as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this post (including the merits and risks involved), and should consult his or her own advisors to determine the merits and risks of such investment. This blog /forum (http://www.karachistockexchange.org/)  or any of its affiliates shall not be in any way responsible for any loss or damage that may be arise to any person from any inadvertent error in the information contained in this post.

Written by: Rana Khuram

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