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 …
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…
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…
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…
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…
Islamabad, May 29, 2023 (PPI-OT): Brig. (retd) Aslam Khan, Chairman of Pakistan Economy Watch (PEW) said on Monday that the production of wheat in the country is not able to keep pace with the growing population. Due to reduced production and a growing…
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