Karachi, September 01, 2023 (PPI-OT): KSE-100 trading below lower band; Pullback likelyKSE-100 index witnessed another negative session to close at 45,002, down 1,242 points DoD. Volumes stood at 287mn shares versus 200mn shares traded previously. The …
Karachi, September 01, 2023 (PPI-OT): KSE-100: Trades below lower Bollinger BandMarket View – TechnicalThe index opened on a positive note and faced a bearish session. The local bourse posted a low of 1,785pts and concluded with a loss of 1,242pts to s…
Karachi, September 01, 2023 (PPI-OT): Aug-2023: Plummeting PKR captures attentionAug-2023 closes down 6%Wiping out partial Jul-2023’s gains, Aug-2023 closed down 6%, while a sharp 6% PKR depreciation against US$ took US$-based losses to 12% this month….
Karachi, September 01, 2023 (PPI-OT): Pakistan Strategy – Aug’23 Market review and outlookKSE100 index faced downward pressure throughout the month of August, witnessing a correction of 3,032pts to conclude at 45,002 points, marking a 6.3%MoM drop. KSE…
Islamabad, September 01, 2023 (PPI-OT):Brig. (retd) Aslam Khan, Chairman of Pakistan Economy Watch (PEW) said on Friday that the difference between the income and expenditure of the people has widened a lot, which has made their lives miserable. The ma…
Karachi, September 01, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed the Corporate Governance Rating (CGR) of Pak Oman Investment Company Limited (‘POIC’ or ‘the Company’) at ‘CGR-9’. The rating signifies very high level of corp…
Lahore, September 01, 2023 (PPI-OT): The rating reflects Alfalah Asset Management Limited’s (the “AMC” or “AAML”) prominent position in the asset management industry, supported by i) a structured investment process ii) sound governance structure and ii…