Karachi, September 21, 2023 (PPI-OT): KSE-100 lost 21-point yesterday, to close at 45,890 with 129Mn shares being traded. Top performance as per price change was witnessed in PGLC, COLG and HGFA. Top decliners POML, IBFL and PPL. Activity was mainly co…

Karachi, September 21, 2023 (PPI-OT): KSE-100; Consolidation to continueRange-bound activity continued as the KSE-100 index closed the session at 45,890 level, losing 21 points DoD. Volumes stood at 129mn shares as compared to 117mn shares traded previ…

Karachi, September 21, 2023 (PPI-OT): AGP: Resilient margins despite rising costsAGP Limited (AGP) held its Analyst Briefing yesterday to discuss its 2QCY23 financial performance and outlook. We discuss key takeaways from the meeting. To recall, AGP po…

Karachi, September 20, 2023 (PPI-OT): Islamic banking windows mark notable jump in profitsWe present analysis of 9 ‘Islamic windows’ (i.e. Islamic banking offered by conventional banks). Of our sample base which constitutes ~97% of total window operati…

Karachi, September 20, 2023 (PPI-OT): KSE-100; Trending sidewaysKSE-100 index witnessed another range bound session to close at 45,910 level, up 107 points DoD. Volumes stood at 117mn shares versus 103mn shares traded previously. The index is likely to…

Karachi, September 20, 2023 (PPI-OT): KSE-100_Approaching near 21-SMAMarket View – TechnicalThe index opened on a positive note and consolidated in a thin range. The local bourse posted a high of 234pts and concluded with a gain of 107pts to settle at …

Karachi, September 20, 2023 (PPI-OT): KSE-100 gained 107-point yesterday, to close at 45,910 with 117Mn shares being traded. Top performance as per price change was witnessed in THALL, GADT and YOUW. Top decliners MUREB, AKBL and PSX. Activity was main…

Karachi, September 20, 2023 (PPI-OT): Pakistan Petroleum LimitedEarnings: Pakistan Petroleum Limited (PPL) announced it 4QFY23 result. The Company reported 4QFY23 unconsolidated earnings of PKR 16.10bn (EPS PKR 5.92), up by +13.2xy/y compared to PKR 1….

Karachi, September 18, 2023 (PPI-OT): KSE-100 gained 103-point yesterday, to close at 45,754 with 222Mn shares being traded. Top performance as per price change was witnessed in DGKC, PSEL and FFBL. Top decliners SHFA, MUREB and PGLC. Activity was main…

Karachi, September 18, 2023 (PPI-OT): Oil price shock – An addition to ongoing challengesAfter some ray of hope from global oil prices in 1HCY23, the commodity price has spiked 27% (US$20/bbl) in three months, reaching a 10-month high as it crosses US$…