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Author: Web Desk

PACRA Maintains Entity Ratings of Liberty Mills Limited

Lahore, July 08, 2023 (PPI-OT): Liberty Mills is engaged in the business of manufacturing and processing textile fabrics and made-ups. The Company is a family-owned textile unit operating in apparel, institutional, and home textile segments. The Compan…

JS Securities Limited – JS Research (07 July 2023)

Karachi, July 07, 2023 (PPI-OT): Reinstating tax on cash withdrawals to invite higher cash in circulationWithholding Tax (WHT) on cash withdrawals, a practice witnessed in previous years, has been reinstated by the government in the FY24 Budget, where …

JS Securities Limited – Weekly Review (07 July 2023)

Karachi, July 07, 2023 (PPI-OT): PSX Surges 2,750+ Points on IMF Approval, up 7% WoWInvestor enthusiasm over government’s agreement with IMF fueled market bullishness. Increased market activity on the first trading day also resulted in a temporary one-…

IGI Securities Limited – Day Break (07 July 2023)

Karachi, July 07, 2023 (PPI-OT): CPPA Disburses PKR 142bn to Clear Circular Debt Pile upAs per news in circulation, Central Power Purchasing Authority (CPPA) has disbursed PKR 142bn to IPPs on account of circular debt payment. Payments have been made t…

AKD Securities Limited – AKD Daily Technical (07 July 2023)

Karachi, July 07, 2023 (PPI-OT): KSE-100 – Highest closing recorded in 14 MonthsMarket View – TechnicalThe index opened on a positive note and remained bullish throughout the last trading session. The local bourse posted a high of 660pts and concluded …

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