Press Releases

Major Shake-Up in World’s Passport Power Ranking

LONDON, July 18, 2023 (GLOBE NEWSWIRE) — Japan has been knocked off the top spot on the Henley Passport Index for the first time in five years and bumped into 3rd place, according to the latest ranking, which is based on exclusive and official data from the International Air Transport Association (IATA). Singapore is now […]

Business

HBL contributes over Rs 4 billion in Social Uplift of Pakistan: a testament to its commitment to being “More Than Just a Bank”

Karachi, July 18, 2023 (PPI-OT): HBL has contributed over Rs 4 billion – spread over a decade – for the social uplift of Pakistan. In 2022 alone, the Bank contributed over Rs 580 million. This contribution is a testament to HBL’s commitment to being “M…

Brokerage

JS Securities Limited – JS Research (18 July 23)

Karachi, July 18, 2023 (PPI-OT): Cements: Dispatches report a 16% YoY decline in FY23Cement dispatches for Jun-23 clocked in at 4.1mn tons showing a 23% YoY decline, taking cumulative dispatches for FY23 to 44.6mn tons, a 16% YoY decline. Dispatches we…

Brokerage

IGI Securities Limited – Day Break (18 July 23)

Karachi, July 18, 2023 (PPI-OT): 2qCY23: Banks to Report Lower EPS Owing to Higher Taxation ChargeFor the 2qCy23, we expect sector earnings (IGI coverage banking universe) to post an earnings decline of 23%q/q to PKR 56.0bn compared to PKR 72.2bn last …