FLASHNEWS:

Day: September 13, 2023

Two Indian officers injured in IIOJK attack

Srinagar, September 13, 2023 (PPI-OT): Indian army and police officers were critically injured in an attack in Islamabad district of Indian illegally occupied Jammu and Kashmir, today.According to Kashmir Media Service, one each officer of Indian Army …

Internet services suspended in Maharashtra’s Satara district

Mumbai, September 13, 2023 (PPI-OT): The administration has suspended internet services in the wake of violent anti-Muslim wave in the Indian state of Maharashtra.According to Kashmir Media Service, at least one person was killed and ten others were in…

IGI Securities Limited – Day Break (13 Sep 2023)

Karachi, September 13, 2023 (PPI-OT): Inflationary Pressures Mounting: SBP Expected to Raise Rates by 150bpsWe expect the policy rate to increase by +150bps taking it to 23.5% as SBP is likely to view projected average CPI trajectory for the FY24 that …

JS Securities Limited – JS Research (13 Sep 2023)

Karachi, September 13, 2023 (PPI-OT): Increasing base of NRPs yet to reflect in remittancesAug-2023 remittances barely maintained the recent monthly trend and clocked in at US$2.1bn (+3% MoM/-24% YoY), taking remittances for 2MFY24 down ~22% YoY to US$…

AKD Securities Limited – AKD Daily Technical (13 Sep 2023)

Karachi, September 13, 2023 (PPI-OT): KSE-100_Remains under pressureMarket View – TechnicalThe index opened on a positive note and faced a bearish session. The local bourse posted a low of 398pts and concluded with a loss of 357pts to settle at 45,508p…