AKD Securities Experiences Steady Trading Session on PSX
AKD Securities, listed under the symbol AKDSL, maintained a consistent trading pace on the Pakistan Stock Exchange (PSX) as of April 14, 2025. The company's shares closed at Rs. 19.24, with a daily weighted average rate of Rs. 19.12. As a member of the designated market category of investment banks, investment companies, and securities companies, AKD Securities has been a part of the PSX since 2008. With a paid-up capital of Rs. 5,578.34 million, the company has made significant announcements regarding distributions, with 20% for 2023 and 10% for 2024 following no distributions in 2022. Given its current market activity and recent distribution announcements, stakeholders are closely monitoring AKD Securities' market performance.
Key Takeaways:
- AKD Securities, listed as AKDSL, closed at Rs. 19.24 on the PSX as of April 14, 2025, with a daily weighted average rate of Rs. 19.12.
- The company operates within the designated market category of investment banks, investment companies, and securities companies, and has been listed on PSX since 2008.
- AKD Securities has a paid-up capital of Rs. 5,578.34 million and has announced distributions of 20% for 2023 and 10% for 2024, following no distributions in 2022.
- The par value of each share stands at Rs. 10, with a market lot set at one share.
- According to PSX data, the company's turnover for January to June 2024 showed significant activity, with the share's high and low rates recorded at Rs. 23.9 and Rs. 13.51, respectively.
- AKD Securities' earnings per share (EPS) for 2022/2023 have yet to be disclosed.
- The previous book closure occurred on March 7, 2025, aligning with the company's June year-end.
- Stakeholders are closely monitoring the company's market performance following its recent distribution announcements and market activities.
Statistics:
- Rs. 19.24: AKD Securities' closing rate on April 14, 2025.
- Rs. 19.12: The company's daily weighted average rate as of April 14, 2025.
- Rs. 5,578.34 million: AKD Securities' paid-up capital.
- 20%: Distribution announced for 2023.
- 10%: Distribution announced for 2024.
- Rs. 23.9: The share's high rate recorded for January to June 2024.
- Rs. 13.51: The share's low rate recorded for January to June 2024.
- Rs. 10: The par value of each share.
- One share: The market lot set for AKD Securities.
Sources:
- Pakistan Stock Exchange (PSX) - AKD Securities trading data for April 14, 2025.
- AKD Securities' official announcements regarding distributions for 2023 and 2024.