FLASHNEWS:

Day: July 10, 2023

JS Securities Limited – JS Research (10 July 2023)

Karachi, July 10, 2023 (PPI-OT): Banks: FY24 budgetary measures and their impactsAmongst the budgetary measures announced in FY24 Federal Budget, the widest impact for the banking sector comes from Super Tax imposition at 10%, increasing from 4%. This …

JS Securities Limited – Technical Outlook (10 July 2023)

Karachi, July 10, 2023 (PPI-OT): The gap opening in the outgoing week is showing a sign of a new bullish rally in the upcoming months. Also, KSE-100 has closed above its 21-EMA on monthly chart which was acting as a key resistance for the last few mont…

Taurus Securities Limited – Market Roundup (10 July 2023)

Karachi, July 10, 2023 (PPI-OT): KSE-100 lost 28 points yesterday, to close at 44,207 with 247Mn shares being traded. Top performance as per price change was witnessed in JDWS, AVN and PGLC. Top decliners EFUG, THAL and KTML. Activity was mainly concen…