Karachi, August 09, 2023 (PPI-OT): KSE-100; Correction to continueKSE-100 index declined for the fourth consecutive session losing 956 points DoD to close at 47,430. Volumes stood at 336mn shares versus 382mn shares traded previously. The index has for…
Karachi, August 09, 2023 (PPI-OT): KSE-100 – Big bearish candle occurredMarket View – TechnicalThe index opened on a slightly negative note and faced a bearish session. The local bourse posted a high of 29pts, a low of 1,051pts and concluded with a los…
Karachi, August 09, 2023 (PPI-OT): FFC: Super Tax overshadows margin accretion in 2QFauji Fertilizer Company Limited’s (FFC) management held a corporate briefing yesterday to discuss financial performance for 1HCY23 and outlook. To recall, FFC posted E…
Karachi, August 09, 2023 (PPI-OT): MARI – FY23 Result Review – Payout falls short of expectationsMari Petroleum Company Limited (MARI) reported its 4QFY23 earnings earlier today, wherein the company posted Profit After Tax (PAT) of PkR 15.84bn (EPS: Pk…
Karachi, August 09, 2023 (PPI-OT): Mari Petroleum Company LimitedEarnings: Mari Petroleum Company Limited (MARI) announced it 4QFY23 result. The Company reported 4QFY23 earnings of PKR 15.84bn (EPS PKR 118.72), up by +2.8xy/y compared to PKR 5.60bn (EP…
Karachi, August 09, 2023 (PPI-OT): KSE-100 lost 956 points yesterday, to close at 47,430 with 335Mn shares being traded. Top performance as per price change was witnessed in DAWH, GADT and ENGRO. Top decliners CNERGY, YOUW and SEARL. Activity was mainl…
Karachi, August 09, 2023 (PPI-OT): Mr. Irfan Iqbal Sheikh, President of FPCCI, has strongly condemned the utterly unacceptable, blasphemous, and intolerable incident of desecration of the Holy Quran. The business community collectively and strongly dem…