Karachi, July 27, 2023 (PPI-OT): Weekly ReviewThe outgoing week continued its bullish run, with the KSE-100 starting the week at 45,920.73pts, continuing the move upwards to close at 47,076.99pts (1,156.26pts, 2.5%WoW). Investor sentiments remained pos…
Day: July 27, 2023
Taurus Securities Limited – Market Roundup (27 July 23)
Karachi, July 27, 2023 (PPI-OT): KSE-100 up 363 points yesterday, to close at 46,417 with 319Mn shares being traded. Top performance as per price change was witnessed in HBL, HCAR and FCEPL. Top decliners JDWS, BNWM and PGLC. Activity was mainly concen…
AKD Securities Limited – Off the Analyst’s Desk (27 July 23)
Karachi, July 27, 2023 (PPI-OT): EFERT: Healthy margins hurt by high taxationEFERT just announced their 2QCY23 results, posting a consolidated PAT of PkR1.1bn (EPS: PkR0.79/sh) vs. LAT of PkR0.1bn (LPS: PkR0.07/sh) in the SPLY. On a QoQ basis, the comp…
AKD Securities Limited – AKD Daily Technical (27 July 23)
Karachi, July 27, 2023 (PPI-OT): KSE-100: Continues to surge on robust volumesMarket View – TechnicalThe index opened on a positive note and remained bullish throughout the last trading session. The local bourse posted a high of 307pts and concluded wi…
JS Securities Limited – Pakistan Market: Technical Outlook (27 July 23)
Karachi, July 27, 2023 (PPI-OT): KSE-100; A short breather is likely in bullish momentumKSE-100 index witnessed another positive session to close at 46,683, up 265 points DoD. Volumes stood high at 430mn shares versus 320mn shares traded previously. Th…
Unisame Apprises CEO SMEDA Of SME WOES
Karachi, July 27, 2023 (PPI-OT): The Union of Small and Medium Enterprises (UNISAME) president held telephonic meetings with Farhan Aziz Khwaja chief executive officer (CEO) of Small and Medium Enterprises Development Authority (SMEDA) and Shehryar Tah…
More powers to the caretaker government are a good decision: Shahid Butt
Islamabad, July 27, 2023 (PPI-OT): Former President of the Islamabad Chamber of Commerce and Industry (ICCI) Dr. Shahid Rasheed Butt said on Thursday that the business community supports the decision to give more powers to the caretaker government as i…
Telecom Operators’ Association formed – vows to boost digital economy
Islamabad, July 27, 2023 (PPI-OT): Pakistan’s long-awaited Telecom Operators’ Association has been formed and held its first meeting in Islamabad on Tuesday, July 25, 2023. The members include Jazz, Ufone/PTCL, Telenor, Nayatel, Cybernet, and TWA while…
VIS Credit Rating Reaffirms Entity Ratings of the United Insurance Company of Pakistan Limited
Karachi, July 27, 2023 (PPI-OT): VIS Credit Rating Company Limited has reaffirmed the Insurer Financial Strength (IFS) rating of United Insurance Company of Pakistan Limited (UICPL) at ‘AA+(IFS)’ (Double A Plus IFS). The rating signifies very strong ca…