FLASHNEWS:

Day: May 5, 2023

Traders Leaders hail business friendly decisions of Chairman CDA

Islamabad, May 05, 2023 (PPI-OT): Abpara Market President Ajmal Baloch, G-9 Markaz President Raja Javed Iqbal, F-8 Markaz President Sardar Tahir Mehmood, F-10 Markaz President Ahmed Khan, F-7 Jinnah Supermarket President Asad Aziz, F-6 Markaz Super Mar…

AKD Securities Limited – AKD Technical Daily (May 05, 2023)

Karachi, May 05, 2023 (PPI-OT): KSE-100: Profit taking amidst good volumesThe index opened on a positive note and faced a volatile session in the last trading session. The local bourse posted an intraday high of 249pts, a low of 32pts and concluded wit…

AKD Securities Limited – AKD Daily (May 05, 2023)

Karachi, May 05, 2023 (PPI-OT): April’23 OMC offtakes – Down 47%YoYApril’23 volumetric offtakes clocked in at 1.17mn tons, changing by +6%/-47% on a MoM/YoY basis, with HSD and FO leading the decline (down 50%/84%YoY).The ongoing season has seen demand…

Taurus Securities Limited – Market Roundup (May 05, 2023)

Karachi, May 05, 2023 (PPI-OT): KSE-100 gained 6 points yesterday, to close at 42,094 with 255Mn shares being traded. Top performance as per price change was witnessed in PGLC, RMPL and NESTLE. Top decliners POML, PAKT and INDU. Activity was mainly con…

JS Securities Limited – Weekly Review (May 05, 2023)

Karachi, May 05, 2023 (PPI-OT): KSE100 gains momentum, up 2% WoWKSE-100 maintained its upward momentum this week following the ongoing dialogue between the government and opposition regarding election date. Consequently, the market closed 661 points hi…

JS Securities Limited – JS Research (May 05, 2023)

Karachi, May 05, 2023 (PPI-OT): Food sector: Significant profit growth as margins rebound in 1QCY23Taking a proxy of 11 listed food companies given in the table, we analyse food sector’s performance during 1QCY23. Top-line for the quarter expanded 47% …

AKD Securities Limited – Stock Smart (May 05, 2023)

Karachi, May 05, 2023 (PPI-OT): Weekly ReviewMarket remains green throughout the week, as buyback announcements from LUCK and HBL’s Sponsors boosted investor’s confidence. KSE100 index gained 661 points during the week to close at 42,242, an increase o…