Karachi, August 08, 2023 (PPI-OT): KSE-100; Slide to continueKSE-100 index closed the session at 48,386 level with a decline of 199 points. Volumes stood at 382mn shares versus 331mn shares traded previously. The index is expected to re-test support at…
Karachi, August 08, 2023 (PPI-OT): KSE-100 – Profit taking witnessedThe index opened on a positive note and faced a volatile session. The local bourse posted a high of 449pts, a low of 309pts and concluded with a loss of 200pts to settle at 48,386pts. …
Karachi, August 08, 2023 (PPI-OT): LUCK FY23 Result Review – Payout surprise of PkR18.0shLucky Cement Limited (LUCK) has posted its FY23 results, surprising the market with a cash dividend of PkR18.0/sh. In 4QFY23, the company reported unconsolidated e…
Karachi, August 08, 2023 (PPI-OT): PSO and APL 4QFY23 Result PreviewsPSO – LAT to clock in at PkR5.8bn (LPS: PkR12.5) in 4QFY23: Pakistan State Oil (PSO) is expected to announce its 4QFY23 financial result sometime in August, where we expect the compan…
Karachi, August 08, 2023 (PPI-OT): EPCL: Super tax to dent 2QCY23 earningsWe preview Engro Polymer and Chemical’s (EPCL) performance over 2QCY23 where we forecast the bottom-line to take a hit owing to higher financial charges, Super tax and deferred t…
Karachi, August 08, 2023 (PPI-OT): KSE-100 lost 199 points yesterday, to close at 48,386 with 381Mn shares being traded. Top performance as per price change was witnessed in POML, NBP and MARI. Top decliners GADT, PSMC and HCAR. Activity was mainly con…