Welcome to Elixir

A Dawood Group Company

Elixir's name means a "potion" which is used by martial arts performers or in Kung Fu days for longevity and immortality. Elixir also means life and we at the company continue to strive to build relationships for longer term. We pride ourselves to be one of the leading stock broking company in Pakistan, having inherited state of the art systems from W.I Carr Securities backed by a strong sponsor 'the Dawood Group'. We also remain steadfast in our long term goals and make every effort to be a professional outfit employing the best possible human capital available to achieve its goals and ensures a strong bond amongst its employees with a sense of ownership.

News

Posted on May 17th, 2012

USAID urges focus on energy crisis (Economy)

· USAID chief economist for Pakistan stated that energy crisis needed to be tackled down as an immediate problem and the USAID would continue to help Pakistan in this regard. more..

Posted on May 17th, 2012

Pakistan yet to sign route deal with the US (Economy)

· The US state department stated that Pakistan has ‘endorsed the conclusion’ but has yet to sign a deal to reopen NATO supply routes to Pakistan. According to reports, Pakistan has proposed the US pay an additional $365mn a year... more..

Posted on May 17th, 2012

'Side agreement' with IPPs: MoF blocks power ministry's proposal (IPPs)

The Finance Ministry has blocked a proposal of Ministry of Water and Power regarding signing of 'side agreement' with Independent Power Producers (IPPs), saying that it will have additional financial implications and has the potential for an increase in the subsidy in case Nepra does not allow the additional financial impact to be passed on to the consumers... more..

Posted on May 17th, 2012

No major change for Pakistan: MSCI announces result (Market)

· MSCI, a leading provider of investment decision support tool world-wide, announced the results of the May 2012 semi-annual index review for MSCI Equity Indices with no major change for Pakistan. more..

Posted on May 17th, 2012

IMF mission postpones visit before budget announcement (Economy)

· In the wake of the ongoing critical developments for resumption of Nato supply as well as Islamabad’s intention to unveil budget 2012-13 without taking into account tough prescriptions suggested by the donors, the IMF’s mission is not coming for holding consultation with Pakistani authorities prior to upcoming budget more..

Posted on May 16th, 2012

Talks with US continue over apology: Nato routes set to reopen (Politics)

Defence Committee of the Cabinet (DCC), the main decision-making body on country’s security policy, on Tuesday cleared the way for President Asif Ali Zardari to attend the coming Nato summit and gave its nod for the conclusion of an agreement for opening of ground supply routes... more..

Posted on May 16th, 2012

Fortnightly review of fuel prices approved (Economy)

· Economic Coordination Committee (ECC) of the Cabinet on Tuesday decided to review oil prices twice a month and allowed export of 400,000 tons of sugar in two phases. · The ECC did not consider a summary seeking raising of Rs82 billion through floating of terms finance certificates (TFCs) for meeting circular debt liability... more..

Posted on May 16th, 2012

Foreign investment plunges (Economy)

State Bank reported on Tuesday that the foreign private investment fell to just $595 million during the ten months compared to $1621 million in the same period of last year, a fall of over 63 per cent. The net result of the 10 months showed that portfolio investment fell by 121 per cent with a net outflow of $71 million compared to an inflow of $329 million during the same period of last year. more..

Posted on May 16th, 2012

Govt all set to raise power tariff by Rs1.25 per unit (Power)

The government is trying hard to notify by today an increase in the power tariff by an average Rs1.25 per unit (16 percent) for electricity consumers under schedule-II. · The existing notified tariff stands at Rs7... more..

Posted on May 16th, 2012

Government borrowings surge past Rs one trillion (Economy)

The federal government's borrowing for budgetary support spiked to a record level of Rs 1.058 trillion, swelling by 58 percent during the current fiscal year. · The unprecedented increase was attributed to rising current expenditure, billions of rupees subsidies being paid on commodities and slow foreign inflows. more..