Karachi, July 07, 2023 (PPI-OT): CPPA Disburses PKR 142bn to Clear Circular Debt Pile upAs per news in circulation, Central Power Purchasing Authority (CPPA) has disbursed PKR 142bn to IPPs on account of circular debt payment. Payments have been made t…
Karachi, July 07, 2023 (PPI-OT): PSX Surges 2,750+ Points on IMF Approval, up 7% WoWInvestor enthusiasm over government’s agreement with IMF fueled market bullishness. Increased market activity on the first trading day also resulted in a temporary one-…
Karachi, July 07, 2023 (PPI-OT): Reinstating tax on cash withdrawals to invite higher cash in circulationWithholding Tax (WHT) on cash withdrawals, a practice witnessed in previous years, has been reinstated by the government in the FY24 Budget, where …
Karachi, July 07, 2023 (PPI-OT): KSE-100; Consolidation to continueKSE-100 index showed positive movement to close at 44,179 level, up 626 points DoD. Volumes stood at 298mn shares versus 351mn shares traded previously. The index is expected to re-test…
Karachi, July 07, 2023 (PPI-OT): KSE-100 – Highest closing recorded in 14 MonthsMarket View – TechnicalThe index opened on a positive note and remained bullish throughout the last trading session. The local bourse posted a high of 660pts and concluded …
Karachi, July 07, 2023 (PPI-OT): KSE-100 gained 626 points yesterday, to close at 44,179 with 296Mn shares being traded. Top performance as per price change was witnessed in ABOT, AGP and KAPCO. Top decliners JDWS, PSEL and BNWM. Activity was mainly co…