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Category: Brokerage

Energy Companies to Release 3QFY24 Earnings with Varied Outcomes

Islamabad, Several Pakistani energy companies are scheduled to release their third-quarter fiscal year 2024 (3QFY24) earnings reports, with varied results expected across the sector. The reports will reflect changes in oil prices, exchange rates, and p…

April 2024 CPI at 16.90% YoY; Prospects for Monetary Easing Grow

Karachi, The Consumer Price Index (CPI) for April 2024 has been reported at a 16.90% year-over-year increase, signaling a decrease from the previous month’s rate of 20.68% YoY. This shift comes alongside a notable monthly decrease of 0.80%, with marked…

Cement Companies Brace for Earnings Decline in Third Quarter

Karachi, As the third fiscal quarter of 2024 approaches, major cement companies including Lucky Cement, MLCF, PIOC, and KOHC are expected to report significant declines in earnings. The anticipated drops are largely due to reduced sales volumes and con…

KSE-100 Experiences Volatility, Closing Lower in Recent Session

Karachi, The KSE-100 index faced significant fluctuations in its last trading session, opening on a negative note and remaining volatile throughout the day. The index posted a high of 242 points but dipped to a low of 446 points before settling with a…