FLASHNEWS:

Day: July 6, 2023

PACRA Assigns Initial Ratings to Samba Bank Limited

Lahore, July 06, 2023 (PPI-OT): The ratings reflect the bank’s very strong ownership structure. Samba is owned by The Saudi National Bank (SNB). SNB is the largest financial institution in Saudi Arabia, while having a strong lending position in the reg…

JS Securities Limited – JS Research (06 July 2023)

Karachi, July 06, 2023 (PPI-OT): Fertilizers: Well positioned to navigate recent changesWe visit the recently announced changes in taxation and incentive landscape for fertilizer sector. While companies have adjusted retail prices to account for 5% FED…

AKD Securities Limited – AKD Daily Technical (06 July 2023)

Karachi, July 06, 2023 (PPI-OT): KSE-100: Volatile session amidst heavy volumesMarket View – TechnicalThe index opened on a slightly negative note and remained volatile throughout the last trading session. The local bourse posted a high of 484pts, a lo…

Taurus Securities Limited – Market Roundup (06 July 2023)

Karachi, July 06, 2023 (PPI-OT): KSE-100 lost 4 points yesterday, to close at 43,553 with 342Mn shares being traded. Top performance as per price change was witnessed in YOUW, NRL and KAPCO. Top decliners HGFA, IBFL and EFUG. Activity was mainly concen…

IMF board to approve Pakistan loan within days

Islamabad, July 06, 2023 (PPI-OT): Brig. (retd) Aslam Khan, Chairman of Pakistan Economy Watch (PEW) on Thursday said few days are left for the meeting of the Executive Board of the IMF for the review and possible ratification of the Staff Level Agreem…