FLASHNEWS:

Day: July 31, 2023

JS Securities Limited – JS Research (31 July 2023)

Karachi, July 31, 2023 (PPI-OT): Comparing 47,000 of Nov-2021 vs 47,000 of todayHaving gained 18% in 22 sessions, KSE-100 closed above 47,000 – first time since Nov-2021. We however highlight that KSE-100 index levels alone do not portray the whole pic…

AKD Securities Limited – AKD Daily Technical (31 July 2023)

Karachi, July 31, 2023 (PPI-OT): KSE-100_Continues to post higher highsMarket View – TechnicalThe index opened on a positive note and remained bullish throughout the last trading session. The local bourse posted a high of 711pts and concluded with a ga…

IGI Securities Limited – Flash Note (31 July 2023)

Karachi, July 31, 2023 (PPI-OT): Engro Fertilizer Limited (EFERT)Earnings: Engro Fertilizer Limited (EFERT) announced it 2QCY23 result. For the period, the Company reported consolidated earnings of PKR 1.1bn (PKR 0.79) compared to loss of PKR 0.1bn (LP…