Karachi, August 02, 2023 (PPI-OT): DAILY STOCK MARKET REPORT Market Position as of August 02, 2023COMPANIES K…
Karachi, August 02, 2023 (PPI-OT): Elevated July CPI could reignite monetary policy discussionInflation for Jul-2023 clocked in at 28.3%, higher than street estimates of ~26%. Dissecting the datapoint, the higher than estimates reading was driven by va…
Karachi, August 02, 2023 (PPI-OT): KSE-100_Closes above the upper bandMarket View – TechnicalThe index opened with a positive note and faced a volatile session. The local bourse posted a high of 407pts and concluded with a gain of 196pts to settle at 4…
Karachi, August 02, 2023 (PPI-OT): KSE-100; Temporarily pause is likely in bullish trendKSE-100 index after making a high of 48,442 slid to close at 48,231, up 196 points DoD. Volumes stood at 554mn shares versus 492mn shares traded previously. The ind…
Karachi, August 02, 2023 (PPI-OT): Jul-23: Volumes Shrink by 6%y/y Owing to Lower FO sales Despite Growth in Retail SegmentIndustry volumes for oil marketing companies for the month of Jul-23 declined by 6%y/y to 1.35mn ton bringing industry volumes fo…
Karachi, August 02, 2023 (PPI-OT): MCB Bank LimitedEarnings: MCB Bank Limited (MCB) announced its financial result for the second quarter of the year 2023. As per the financial result, the Bank reported PKR 13.6bn (PKR 11.5/share) earnings during 2QCY2…
Karachi, August 02, 2023 (PPI-OT): KSE-100 up 196 points yesterday, to close at 48,231 with 554Mn shares being traded. Top performance as per price change was witnessed in PAKT, ILP and AIRLINK. Top decliners COLG, SHEL and THALL. Activity was mainly c…