May 29, 2023 - Pakistan Business News

FLASHNEWS:

Karachi Stock Exchange Experiences Sharp Decline Amid Profit-Taking

Fatima Fertilizer Maintains Strong Ratings Amidst Industry Growth

Careem Reveals Top Summer Hotspots in Karachi, Lahore, and Islamabad

Al-Ghazi Tractors Posts Significant Profit and Sales Growth Amid Economic Challenges

Karachi Stock Exchange Experiences Sharp Decline Amid Profit-Taking

Home » Archives for May 29, 2023

Day: May 29, 2023

Pakistan Stock Exchange Limited Market Position on 29-05-2023

May 29, 2023

Karachi, May 29, 2023 (PPI-OT): DAILY STOCK MARKET REPORT Market Position as of May 29, 2023 …

Karandaaz Launches Findings of Comprehensive Report on Private Healthcare in Pakistan

May 29, 2023

Islamabad, May 29, 2023 (PPI-OT): Karandaaz is a leading impact investor in Pakistan with the aim to promote access to finance for Micro, Small and Medium Enterprise (MSMEs) and financial inclusion of unbanked individuals. Karandaaz conducted a highly …

Making Islamabad a crime-free city is the primary responsibility of Police: Shoaib Khurram Janbaz

May 29, 2023

Islamabad, May 29, 2023 (PPI-OT): DIG Safe City Project Islamabad Police Shoaib Khurram Janbaz has said that the police is working to make Islamabad a crime-free city. The Safe City project has helped significantly in reducing crime. Work is being done…

National Bank Records 100% Growth in App Registration

May 29, 2023

Karachi, May 29, 2023 (PPI-OT): The National Bank of Pakistan (NBP) has achieved impressive milestones, including a 100% YoY increase in NBP Digital App registrations, a remarkable 100% growth in debit card point-of-sale transactions, and over a trilli…

Faysal Bank and NIFT Collaborate to Revolutionize Paper Cheques with Digital Solution

May 29, 2023

Karachi, May 29, 2023 (PPI-OT): Faysal Bank Limited and National Institutional Facilitation Technologies (Pvt.) Ltd. (NIFT) has agreed on a digital collaboration roadmap starting with the Digitization of Cheque Deposits, a significant step towards pape…

AKD Securities Limited – AKD Technical Daily (29-05-2023)

May 29, 2023

Karachi, May 29, 2023 (PPI-OT): KSE-100: Sustaining above 100-SMAThe index opened on a positive note and faced a volatile session. The local bourse posted a high of 120pts, a low of 245pts and concluded with a loss of 65pts to settle at 40,965pts. The …

JS Securities Limited – JS Research (29-05-2023)

May 29, 2023

Karachi, May 29, 2023 (PPI-OT): PABC: Growth play with benefit of exportsPakistan Aluminium Beverage Cans Limited (PABC) held its Analyst Briefing to discuss financial performance and outlook. To recall, company posted a PAT of Rs2.7bn (EPS: Rs7.5) for…

AKD Securities Limited – AKD Daily (29-05-2023)

May 29, 2023

Karachi, May 29, 2023 (PPI-OT): Reserve tax bringing bonus issues to the foreNews reports doing the rounds indicate GoP plan to tax distributable reserves of corporates for increasing tax collection. For next year, a tax collection target of PkR9.2tn i…

JS Securities Limited – Pakistan Market: Technical Outlook (29-05-2023)

May 29, 2023

Karachi, May 29, 2023 (PPI-OT): KSE-100 sustains above its 50-DMA; ‘Buy on dips’KSE-100 index witnessed a volatile session to close at 40,965, down 65 points. Volumes stood at 168mn shares versus 124mn shares traded previously. The index is maintaining…

Taurus Securities Limited – Market Roundup (29-05-2023)

May 29, 2023

Karachi, May 29, 2023 (PPI-OT): KSE-100 lost 65 points yesterday, to close at 40,965 with 168Mn shares being traded. Top performance as per price change was witnessed in PGLC, MUREB and LUCK. Top decliners SEARL, AVN and CNERGY. Activity was mainly con…