FLASHNEWS:

Category: Brokerage

Taurus Securities Limited – Market Roundup (07 July 2023)

Karachi, July 07, 2023 (PPI-OT): KSE-100 gained 626 points yesterday, to close at 44,179 with 296Mn shares being traded. Top performance as per price change was witnessed in ABOT, AGP and KAPCO. Top decliners JDWS, PSEL and BNWM. Activity was mainly co…

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 …

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-…