Karachi, July 03, 2023 (PPI-OT): IMF’s gift – An unexpected Eid Mubarak!In a surprising but welcome development, Pakistan and the IMF reached staff level agreement for a US$3bn (SDR2,250mn) Stand-By Arrangement (SBA). The agreement is likely to be appr…
Karachi, July 03, 2023 (PPI-OT): A new IMF agreement – a positive start to FY24Pakistan secures US$3bn IMF SBAWhile KSE100 Index closed flat for the year with -0.2% returns, it ended at a positive note pertaining to macro direction of the country. Paki…
Karachi, July 03, 2023 (PPI-OT): KSE-100; Upside likelyKSE-100 index extended the gain to close at 41,453 level, up 16 points. Volumes stood at 235mn shares versus 227mn shares traded previously. If the gain continues, the likely target will be at 42,3…
Karachi, July 03, 2023 (PPI-OT): KSE-100 – Positive sentiment persistsThe index opened with a negative note and remained volatile throughout the last trading session. The local bourse posted a high of 169pts, a low of 229pts and concluded with a margin…