FLASHNEWS:

Day: August 28, 2023

AKD Securities Limited – Off the Analyst’s Desk (28 August)

Karachi, August 28, 2023 (PPI-OT): INDU 4QFY23 Result Review – Earnings beat market consensusIndus Motor Company Ltd. (INDU) announced its 4QFY23 results today, where the company posted earnings of PkR3.8bn (PkR48.6/sh), showing a 19%QoQ increase from …

JS Securities Limited – JS Research (28 August)

Karachi, August 28, 2023 (PPI-OT): DGKC and ACPL FY23 result previewsWe present 4QFY23 earnings expectations for DG Khan Cement Ltd. (DGKC) and Attock Cement Pakistan Ltd. (ACPL), where we expect bottom-line to take a hit owing to higher financial and …

AKD Securities Limited – AKD Daily (28 August)

Karachi, August 28, 2023 (PPI-OT): SYS and FATIMA 2QCY23 Result PreviewsSYS – 2QCY23 earnings expected to clock in at PkR11.32/sh: We expect SYS to maintain its high earnings trajectory owing to strong growth within almost all geographies, mainly MEA w…

Taurus Securities Limited – Market Roundup (28 August)

Karachi, August 28, 2023 (PPI-OT): KSE-100 lost 80-point yesterday, to close at 47,671 with 192Mn shares being traded. Top performance as per price change was witnessed in SCBPL, HMB and IBFL. Top decliners GADT, BOP and UPFL. Activity was mainly conce…