Karachi, August 17, 2023 (PPI-OT): KSE-100; An Engulfing Bear – stay cautiousKSE-100 index showed negative movement to close at 48,146, down 419 points DOD. Volumes stood at 195mn shares versus 252mn shares traded previously. An Engulfing Bear has occu…
Karachi, August 17, 2023 (PPI-OT): Cements: Dispatches report 21% MoM drop in JulyCement dispatches for Jul-2023 clocked in at 3.2mn tons depicting a 21% MoM decline. Dispatches were down due to the onset of monsoon season, which dampened construction …
Karachi, August 17, 2023 (PPI-OT): ENGRO – Lower than expected pay-out!ENGRO just announced their 2QCY23 results, posting a consolidated EPS of PkR11.03/sh vs. LPS of PkR0.97/sh in the SPLY. On a YoY basis, the company posted a 17.98% increase in reven…
Karachi, August 17, 2023 (PPI-OT): DAILY STOCK MARKET REPORT Market Position as of August 17, 2023COMPANIES K…