FLASHNEWS:

Day: April 20, 2023

JS Securities Limited – JS Research (20 April 2023)

Karachi, April 20, 2023 (PPI-OT): Mar-2023: Highest monthly current account balance in 8 years, but not much to rejoiceThe Current account balance for Mar-2023 clocked in at surplus of US$654mn. This was not only an 8-year high monthly balance but also…

AKD Securities Limited – Stock Smart

Karachi, April 20, 2023 (PPI-OT): Weekly ReviewMarket showed an overall positive momentum over the week as KSE100 Index gained 802points during the last four trading sessions to close at 41,008. Same wise, participation in the market witnessed improvem…

Taurus Securities Limited – Market Roundup (20 April 2023)

Karachi, April 20, 2023 (PPI-OT): KSE-100 gained 51 points yesterday, to close at 40,499 with 84Mn shares being traded. Top performance as per price change was witnessed in FCEPL, JVDC and LCI. Top decliners AICL, ATLH and MUREB. Activity was mainly co…

Decline in rice, sugar output setting off a new global crisis

Islamabad, April 20, 2023 (PPI-OT): Former President of Islamabad Chamber of Commerce and Industry (ICCI) Dr. Shahid Rasheed Butt on Thursday said a new global food crisis is in the making due to reduced rice and sugarcane output in the major producing…

Pakistan may become the sixth country with 3-digit inflation

Islamabad, April 20, 2023 (PPI-OT): Brig. (retd) Aslam Khan, Chairman of Pakistan Economy Watch (PEW) on Thursday said Pakistan that has nosedived into a very serious economic and political crisis can become the sixth country in the world to have tripl…