FLASHNEWS:

Day: August 16, 2023

PCJCCI keen for Nuclear Power Plants to overcome energy crisis

Lahore, August 16, 2023 (PPI-OT): Moazzam Ghurki, President PCJCCI stated during a think tank session held at PCJCCI Secretariat today, that ever since the Russia-Ukraine war, global warming and the gradual depletion of non-renewable sources of energy …

VIS Withdraws Sukuk 1 rating of Agha Steel Industries Limited

Karachi, August 16, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has withdrawn the instrument rating of Agha Steel Industries Limited (ASIL)’s Sukuk 1 on account of redemption through exercise of call-option on August 11, 2023. The Sukuk was …

AKD Securities Limited – AKD Technical Daily (16 Aug 2023)

Karachi, August 16, 2023 (PPI-OT): KSE-100 – Closes above 10-SMAThe index opened on a positive note and faced a volatile session. The local bourse posted a high of 370pts, a low of 131pts and concluded with a gain of 141pts to settle at 48,566pts. The …

JS Securities Limited – JS Research (16 Aug 2023)

Karachi, August 16, 2023 (PPI-OT): PKR depreciation and POL prices could alter monetary policy outlookDepreciating PKR and rising international (and consequently domestic) POL prices are beginning to alter the shape of inflation expectations, which cou…

Taurus Securities Limited – Market Roundup (16 Aug 2023)

Karachi, August 16, 2023 (PPI-OT): KSE-100 gained 141 points yesterday, to close at 48,566with 252Mn shares being traded. Top performance as per price change was witnessed in KEL, AIRLINK and JDWS. Top decliners LOTCHEM, FCEPL and OGDC. Activity was ma…

Dari Mooch Partners with Philips Personal Care

Lahore, August 16, 2023 (PPI-OT): In a move to further expand its range of premium men’s grooming products in Pakistan, the direct-to-customer (D2C) brand, Dari Mooch, has announced a partnership with Philips Personal Care. This partnership will enable…