FLASHNEWS:

Day: September 4, 2023

PACRA Maintains Stability Rating of AL Habib Islamic Savings Fund

Lahore, September 04, 2023 (PPI-OT): AL Habib Islamic Savings Fund (or the “Fund”) is an open-ended medium risk profile Fund. The objective of the Fund is to provide competitive risk adjusted returns to its investors by investing in a diversified portf…

AKD Securities Limited – AKD Technical Daily (04 Sep 2023)

Karachi, September 04, 2023 (PPI-OT): KSE-100 – Pullback inside the band is likelyThe index opened on a flat note and faced a volatile session. The local bourse posted a low of 207pts, a high of 356pts and concluded with a gain of 310pts to settle at 4…

JS Securities Limited – JS Research (04 Sep 2023)

Karachi, September 04, 2023 (PPI-OT): Fuel price hikes and falling PKR imply burden on prospective CPIAug-2023 CPI clocked in at 27.4% YoY, lower than street estimates as MoM increase came in at 1.7% vs estimate of 2.83% MoM. This was in contrast to tr…

Taurus Securities Limited – Market Roundup (04 Sep 2023)

Karachi, September 04, 2023 (PPI-OT): KSE-100 lost 526-point yesterday, to close at 46,245 with 200Mn shares being traded. Top performance as per price change was witnessed in INIL, MUREB and THALL. Top decliners KAPCO, HCAR and AVN. Activity was mainl…