Karachi, May 26, 2023 (PPI-OT): HCAR: MY23 Result ReviewHonda Atlas Cars Limited (HCAR) announced its MY23 result today, where it posted NPAT of PkR260.14mn (EPS: PkR1.82) compared to PAT of PkR2.51bn (EPS: PkR17.6) in SPLY. The significant decrease in…

Karachi, May 26, 2023 (PPI-OT): KSE-100 – Remains firm above 50-SMAThe index opened on a slightly positive note and traded in a narrow range. The local bourse posted a high of 102pts, a low of 160pts and concluded with a loss of 88pts to settle at 41,0…

Karachi, May 26, 2023 (PPI-OT): Weekly ReviewMarket’s activity remained lackluster and overall range bound during the outgoing week declining by 1.53%WoW. With regards to IMF situation Officials expects china to rollover more than USD$2bn out of USD$3….

Karachi, May 26, 2023 (PPI-OT): PTC: Higher costs dilute revenue growthPakistan Telecommunication Company Limited (PTC) held its Analyst Briefing yesterday to discuss its financial performance and outlook. To recall, company posted a loss of Rs7.8bn (L…

Karachi, May 26, 2023 (PPI-OT): Pakistan Economy – FY23 GDP Growth Divergent from RealityPakistan’s GDP growth has been provisionally estimated at 0.29%YoY for FY23, compared to revised growth of 6.1%YoY for FY22, according to a release by the PBS. Agr…

Karachi, May 26, 2023 (PPI-OT): KSE-100 lost 88 points yesterday, to close at 41,030 with 123Mn shares being traded. Top performance as per price change was witnessed in TGL, BNWM and JVDC. Top decliners TRG, SRVI and FCEPL. Activity was mainly concent…

Karachi, May 26, 2023 (PPI-OT): KSE-100; Expected to trade range boundKSE-100 index after making a high of 41,219 slid to close at 41,030, down 88 points DoD. Volumes stood at 124mn shares versus 101mn shares traded previously. The index is trading abo…