Reports obtained by the Inquirer showed that the NFA's distribution stock
was already wiped out, while a nationwide inspection revealed there were no more NFA rice available in the market.
With needs unlikely to be met until late in 2014 or early 2015, last year did witness some creative uses for older distribution stock
At that time, the company was acquiring approximately 40 percent of its distribution stock
from domestic manufacturers and 60 percent from imports.
The Laboratory Distribution Stock
Index was the only IBO index to rise in value for the month of June.
On the other hand, positive contribution was led by fertiliser stocks (up 132 points) on account of higher urea prices amidst shortage, tobacco stocks (87 points) and power generation and distribution stocks
our products and made them readily available from a reliable source.
This is positive news for distribution stocks
, in our view, since we believe privatisation is the key driver for MRSKs.
Net purchases were up substantially in August as foreign portfolio investment in domestic bank and distribution stocks
increased steadily and technology stocks were buoyed by expectations of an IT industry recovery.