Karachi, July 26, 2023 (PPI-OT): KSE-100; Indicators overbought – stay cautiousBulls continued to dominate the session as KSE-100 index gained 363 points to close at 46,417. Volumes stood at 320mn shares versus 299mn shares traded previously. The index…
Day: July 26, 2023
PACRA assigns Preliminary rating to WAPDA Dasu Sukuk-D | PKR 15bln
Lahore, July 26, 2023 (PPI-OT): The Pakistan Water and Power Development Authority (“WAPDA”) is in process of issuing the 4th tranche of Sukuk worth PKR 15bln in July-23. WAPDA will utilize this amount to partially finance the construction of the Dasu …
JS Bank Leadership meets the High Commissioner of Pakistan to the UK in an effort to provide financial services to Non-Resident Pakistanis
Karachi, July 26, 2023 (PPI-OT): JS Bank’s President and CEO, Basir Shamsie, and Chief Operating Officer, Imran Haleem Shaikh, held a significant meeting with His Excellency Moazzam Ahmed Khan, the High Commissioner of Pakistan to the United Kingdom. T…
AKD Securities Limited – AKD Daily Technical (26 July 23)
Karachi, July 26, 2023 (PPI-OT): KSE-100_Bullish sentiment persistsMarket View – TechnicalThe index opened on a positive note and remained bullish throughout the last trading session. The local bourse posted a high of 486pts and concluded with a gain o…
HBL’s H1’23 profit rises by 50% to Rs 51.5 billion, while affirming its position as Pakistan’s Best Digital Bank for Customers
Karachi, July 26, 2023 (PPI-OT): HBL today declared a consolidated profit before tax (PBT) of Rs 51.5 billion, nearly 50% higher than the PBT for H1’22. The PBT of Rs 30 billion for the second quarter of 2023 was the highest in the Bank’s history based…
PACRA Revises the Rating of Pakistan Services Limited | Sukuk | Mar-18
Lahore, July 26, 2023 (PPI-OT): Pakistan Services Limited’s (The Company) has a leading position in the hospitality industry. Ever since the pandemic Covid-19, the hotel sector has been under pressure. Furthermore, the slowdown in domestic activity, co…
Taurus Securities Limited – Market Roundup (26 July 2023)
Karachi, July 26, 2023 (PPI-OT): KSE-100 up 265 points yesterday, to close at 46,683 with 426Mn shares being traded. Top performance as per price change was witnessed in SHEL, NML and KEL. Top decliners PSX, PSEL and AKBL. Activity was mainly concentra…
Pakistan Stock Exchange Limited Market Position on 26-07-2023
Karachi, July 26, 2023 (PPI-OT): DAILY STOCK MARKET REPORT Market Position as of July 26, 2023COMPANIES KSE …
Nestle Pakistan, Punjab Workers Welfare Fund inaugurate N4HK room for nutrition awareness
Lahore, July 26, 2023 (PPI-OT): Nestle Pakistan inaugurated the Nestle for Healthier Kids (N4HK) room in Punjab Workers Welfare Fund (PWWF) Higher Secondary Girls School at Sahukimalian near Sheikhupura to foster and promote nutrition awareness. N4HK i…
Infinix partners with JBL for the highly anticipated Infinix NOTE 30 Pro Series
Lahore, July 26, 2023 (PPI-OT): Infinix today announces its new collaboration with JBL, enabling a cinematic sound experience for the upcoming Infinix NOTE 30 Pro series featuring Pakistan’s first All-Round FastCharge smartphones. Infinix NOTE 30 Pro s…