AKBL - Bullish Breakout of wedge formation AKBL in bullish trend after breaking out of wedge formation and heading towards 34 plus. Keep trailing stop loss.
Next report date
—
Report period
—
EPS estimate
—
Revenue estimate
—
14.52PKR
21.49 BPKR
318.84 BPKR
468.14 M
About ASKARI BANK LTD
Sector
Industry
CEO
Atif Riaz Bokhari
Website
Headquarters
Islamabad
Founded
1991
ISIN
PK0051301015
FIGI
BBG000GT0Z46
Askari Bank Ltd. engages in the provision of banking and financial services. It operates through the following segments: Branch Banking, Corporate Banking, Treasury, Consumer Banking, Islamic Banking, Foreign Operations, and Head Office and Others. The Branch Banking segment consists of loans, deposits, and other banking services to commercial, small and medium enterprise, agriculture and individual customers, as well as branchless banking services. The Corporate Banking segment includes deposits, project financing, trade financing and working capital to corporate and commercial customers of the bank. The Treasury segment covers money market activities, foreign exchange business and short-term lending's and borrowings from counterparties. The Consumer Banking segment offers secured and unsecured loans to retail customers. The Islamic Banking segment focuses on banking services to its customers in compliance with Shariah rules and directives, instructions, and guidelines issued by SBP. The Foreign Operations segment refers to the banking activities performed by Wholesale Bank Branch of the Bank in the Kingdom of Bahrain. The Head Office and Others segment represents activities not performed by any of above segments. The company was founded on October 9, 1991 and is headquartered in Islamabad, Pakistan.
AKBL - LongAKBL TREND is currently in a bearish phase
but there is a bullish divergence printed on 3may 24
there's a chance of reversal from here,
double bottom was observed as well.
Long entry is recommended after the breakout of
23.05 with sl of 21.64 and tp 24.46
AKBL🚀 Stock Alert: AKBL
📈 Investment View: Technically Bullish 📈
🔍 Quick Info:
📈 Entry Range: 24.00 - 24.10
🎯 First Target : 25.00
🎯 Second Target : 25.50
🎯 Third Target : 26.00
⚠ Stop Loss: 23.00
⏳ Nature of Trade: Short Term
📉 Risk Level: Medium
☪ Shariah Compliant: NO
💰 Dividend Paying: YES
PSX : AKBL - BULLISH CONTINUATIONThe script was in a correction phase and retraced a little more than 0.23 on fib level. It seems that it may follow AB = CD bullish pattern. Long positions may be taken upon breaking above the previous high level as shown on chart.
AKBL - Bullish Continuation Pattern AKBL is consolidation in a range with no divergence on RSI. The script is likely to break above the range, where Buy Stop may be taken for higher targets as shown.
See all ideas
An aggregate view of professional's ratings.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of AKBL is 28.40 PKR — it has decreased by −1.49% in the past 24 hours. Watch ASKARI BANK LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on PSX exchange ASKARI BANK LTD stocks are traded under the ticker AKBL.
AKBL stock has fallen by −5.33% compared to the previous week, the month change is a 5.65% rise, over the last year ASKARI BANK LTD has showed a 54.43% increase.
We've gathered analysts' opinions on ASKARI BANK LTD future price: according to them, AKBL price has a max estimate of 40.00 PKR and a min estimate of 40.00 PKR. Watch AKBL chart and read a more detailed ASKARI BANK LTD stock forecast: see what analysts think of ASKARI BANK LTD and suggest that you do with its stocks.
AKBL reached its all-time high on Jul 9, 2024 with the price of 31.40 PKR, and its all-time low was 9.30 PKR and was reached on Nov 4, 2013. View more price dynamics on AKBL chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
AKBL stock is 11.14% volatile and has beta coefficient of 1.05. Track ASKARI BANK LTD stock price on the chart and check out the list of the most volatile stocks — is ASKARI BANK LTD there?
Today ASKARI BANK LTD has the market capitalization of 48.05 B, it has decreased by −3.81% over the last week.
Yes, you can track ASKARI BANK LTD financials in yearly and quarterly reports right on TradingView.
ASKARI BANK LTD is going to release the next earnings report on Feb 26, 2025. Keep track of upcoming events with our Earnings Calendar.
AKBL net income for the last quarter is 5.99 B PKR, while the quarter before that showed 4.40 B PKR of net income which accounts for 36.11% change. Track more ASKARI BANK LTD financial stats to get the full picture.
Yes, AKBL dividends are paid annually. The last dividend per share was 2.50 PKR. As of today, Dividend Yield (TTM)% is 8.67%. Tracking ASKARI BANK LTD dividends might help you take more informed decisions.
ASKARI BANK LTD dividend yield was 10.11% in 2023, and payout ratio reached 16.86%. The year before the numbers were 0.00% and 0.00% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Nov 2, 2024, the company has 7.88 K employees. See our rating of the largest employees — is ASKARI BANK LTD on this list?
Like other stocks, AKBL shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade ASKARI BANK LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So ASKARI BANK LTD technincal analysis shows the neutral today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating ASKARI BANK LTD stock shows the buy signal. See more of ASKARI BANK LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.