FLASHNEWS:

Day: September 27, 2023

AKD Securities Limited – Off the Analyst’s Desk (27 Sep 2023)

Karachi, September 27, 2023 (PPI-OT): NML: 4QFY23 Result Review—Lower than expected topline kept earnings in checkNishat Mills Limited (NML) announced its 4QFY23 result earlier today, wherein the entity recorded unconsolidated NPAT of PkR1.03bn (EPS: P…

JS Securities Limited – JS Research (27 Sep 2023)

Karachi, September 27, 2023 (PPI-OT): Aug-2023 Power generation shows improvementTotal Power generation for Aug-2023 was recorded at 15,959GWh reflecting an 8% increase on a MoM basis, these levels are also up 14% on a YoY basis owing to improved indus…

AKD Securities Limited – AKD Daily Technical (27 Sep 2023)

Karachi, September 27, 2023 (PPI-OT): KSE-100: Consolidating below 30-SMAMarket View – TechnicalThe index opened on a positive note and faced a volatile session. The local bourse posted a high of 110pts, a low of 135pts and concluded with a loss of 116…

Taurus Securities Limited – Market Roundup (27 Sep 2023)

Karachi, September 27, 2023 (PPI-OT): KSE-100 lost 116-point yesterday, to close at 46,278 with 259Mn shares being traded. Top performance as per price change was witnessed in EFUG, AIRLINK and JDWS. Top decliners HGFA, JVDC and PAEL. Activity was main…

Public benefits from cheaper dollar

Karachi, September 27, 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 Wednesday that th…