NEW YORK, July 30, 2021 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit expanding the Class Period on behalf of more purchasers of the securities of DiDi Global Inc. (NYSE: DIDI): (1) pursuant and/or traceable to the registration statement and related prospectus (collectively, the […]
Month: July 2021
Pakistan Stock Exchange Limited Market Position on 30-07-2021
Karachi, July 30, 2021 (PPI-OT): DAILY STOCK MARKET REPORT Market Position Printed On JUL-30-2021 COMPANIES KSE KSE-30 KSE-100 KSE-ALLSHR KMI-30 BATi OGTi PSX-KMI POSITION INDICES INDEX INDEX INDEX INDEX INDEX INDEX INDEX Plus 139 Current 18837.05 47055.29 32163.11 76259.24 12692.33 12189.70 23001.46 Minus 252 Previous 18963.44 47312.33 32270.88 76544.57 12750.39 12241.34 23092.04 Unchanged 16 High […]
JS Securities Limited – Weekly Review(30-07-2021)
Karachi, July 30, 2021 (PPI-OT): Covid concerns cost KSE100 738 points this week Bears gripped Pakistan equities as the benchmark KSE100 index lost 738 points in the rollover week, closing today at 47,055. Serious concerns over the ongoing fourth wave of the Coronavirus kept investors cautious as double digit positivity rates were recorded in the […]
JS Securities Limited – JS Market Wrap(30-07-2021)
Karachi, July 30, 2021 (PPI-OT): View from the desk The KSE100 started the last day of the roll over week on a bullish note and touched a high of 46,925. However, investors lost confidence during the second half after news of implementation of a strict lockdown in Karachi came to light. The equity market eventually […]
JS Securities Limited – Result Review(30-07-2021)
Karachi, July 30, 2021 (PPI-OT): FFC: EPS clocks in at Rs2.85 in 2QCY21 Fauji Fertilizer Company Limited (FFC) announced its 2QCY21 result today wherein the company posted an after tax profit of Rs3,621mn (EPS of Rs2.8) during the quarter vis-a-vis PAT of Rs4,874mn (EPS of Rs3.8) in 2QCY20, reflecting a decline of 26% YoY. The […]
AKD Securities Limited – Stock Smart(30-07-2021)
Karachi, July 30, 2021 (PPI-OT): Weekly Review Following the Eid holidays, the market started the week with crumbly emotion as the anxiety grew over the drastic surge in Covid’s delta variant which continued to derail the investor confidence. Correspondingly, the investors preferred to remain as spectators in light of uncertainty over the announcement of monitory […]
IGI Securities Limited – Day Break(30-07-2021)
Karachi, July 30, 2021 (PPI-OT): Monthly Power Generation Data – Jun-21: Generation up by +8%YoY; FO plants moved down in merit order list As per latest data available on NEPRA’s website, overall power generation during the month of Jun-21 increased by +8%YoY to 14,361Gwh. Power production through RFO/Coal clocked in at 1,174/2,590Gwh up by +82%/+20%YoY, […]
AKD Securities Limited – AKD Daily (30-07-2021)
Karachi, July 30, 2021 (PPI-OT): Pakistan Textile: Spinners turning it on! Pakistan’s textile industry is in a macro sweet spot amid rampant demand in domestic market and internationally as global economies experience ‘return to normal’ phenomenon pushing up orders for apparels (US apparel imports +26.8%YoY in 5MCY21, Europe yet to pick pace). Shift in demand […]
PACRA Maintains Entity Ratings of Jahangir Siddiqui and Company Limited
Lahore, July 30, 2021 (PPI-OT): The ratings reflect Jahangir Siddiqui and Co. Limited’s (‘JSCL’ or ‘the Company’) strong presence as a Holding Company in the financial sector with a portfolio of strategic investments mainly in banking (JS Bank, BankIslami Pakistan), insurance (EFU Life Assurance and EFU General Insurance), brokerage (JS Global Capital) and asset management […]
PACRA Maintains Entity Ratings of Pakistan Oxygen Limited
Lahore, July 30, 2021 (PPI-OT): The ratings reflect eminent position of Pakistan Oxygen Limited in industrial, medical gases, healthcare solutions, hard goods and welding segment. The industry largely possesses oligopolistic structure, benefiting the players. Lately, the demand side in case of both industrial and medical gases have gained momentum when the industrial segments gradually resumed […]