Karachi, August 25, 2023 (PPI-OT): PSMC – 2QCY23 Result Review – Surprise earnings over reversal in financial chargesPak Suzuki Motor Company Ltd. (PSMC) announced its 2QCY23 result today where the company has posted earnings of PkR3.2bn (PkR39.4/sh) c…
Karachi, August 25, 2023 (PPI-OT): StockSmartThe week remained lackluster, with the KSE100 index losing 547 points, closing at 47,671 points. The anticipation of heightened inflation had a negative impact on the market, fearing an ad-hoc policy rate hi…
Karachi, August 25, 2023 (PPI-OT): Long Steel: MUGHAL and ASTL 4QFY23 result previewsWe present 4QFY23 earnings expectations for Mughal Iron and Steel Ltd. (MUGHAL) and Amreli Steels Limited (ASTL), where we expect sequential decline in earnings primar…
Karachi, August 25, 2023 (PPI-OT): INDU 4QFY23 and PSMC 2QCY23 Result PreviewsINDU-4QFY23 EPS of PkR36.1 expected: INDU’s board is scheduled to announce its 4QFY23 results today, where we expect company to post some earnings of PkR2.8bn (EPS basic: PkR…
Karachi, August 25, 2023 (PPI-OT): KSE-100; Upside to continueKSE-100 index posted a gain of 332 points to close at 47,751. Volumes stood at 252mn shares versus 189mn shares traded previously. The index is likely to re-test resistance at yesterday’s hi…
Karachi, August 25, 2023 (PPI-OT): KSE-100 – Sustains above 30-SMA; upside likelyMarket View – TechnicalThe index opened on a positive note and faced a bullish session. The local bourse posted a high of 576pts and concluded with a gain of 332pts to set…
Karachi, August 25, 2023 (PPI-OT): KSE-100 gained 332-point yesterday, to close at 47,751 with 252Mn shares being traded. Top performance as per price change was witnessed in SCBPL, MCB and INIL. Top decliners FABL, DAWH and PSX. Activity was mainly co…
Karachi, August 25, 2023 (PPI-OT): DAILY STOCK MARKET REPORT Market Position as of August 25, 2023COMPANIES K…
Islamabad, August 25, 2023 (PPI-OT): Former Prime Minister of Pakistan and senior leader of PML(N) Shahid Khaqan Abbasi said that if exports are increased by 20 billion dollars, the economy can get out of difficulties. In order to boost industrializati…
Karachi, August 25, 2023 (PPI-OT): Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Friday that exports …
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