
STOCK MARKET with SHEHERYAR BUTT
June 19, 2025 at 06:19 AM
BUY recommendations for four listed Pakistani companies. Here's a concise summary for each:
1. Oil & Gas Development Co. Ltd (OGDC)
Strategy: Buy
Last Close: Rs 211.2
Target: Rs 219.0
Stoploss: Rs 206.5
PIVOT: Rs 211.98
Support Levels: S1: 209.12 | S2: 206.47
Resistance Levels: R1: 214.30 | R2: 216.81
Rationale: Positive on energy reforms under IMF, Reko Diq progress, and gas discoveries.
2. Sui Southern Gas Co. Ltd (SSGC)
Strategy: Buy
Last Close: Rs 44.2
Target: Rs 50.4
Stoploss: Rs 41.5
PIVOT: Rs 44.62
Support Levels: S1: 43.01 | S2: 41.87
Resistance Levels: R1: 45.60 | R2: 46.61
Rationale: Expected strong quarterly earnings, circular debt settlement, and gas price hikes.
3. DG Khan Cement Co. Ltd (DGKC)
Strategy: Buy
Last Close: Rs 156.4
Target: Rs 169.8
Stoploss: Rs 150.7
PIVOT: Rs 157.80
Support Levels: S1: 153.83 | S2: 150.59
Resistance Levels: R1: 159.75 | R2: 162.09
Rationale: Budget FY26 construction incentives, cement price recovery, and lower interest rates.
4. Fauji Fertilizer Co. Ltd (FFC)
Strategy: Buy
Last Close: Rs 374.6
Target: Rs 382.4
Stoploss: Rs 370.1
PIVOT: Rs 375.52
Support Levels: S1: 372.41 | S2: 370.53
Resistance Levels: R1: 377.16 | R2: 380.55
Rationale: Attractive dividend, merger potential, and interest in acquiring PIA.
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