Karachi, August 07, 2023 (PPI-OT): PKR Depreciation and Lower Exploration Cost to Lift 4QFY23 Earnings by +109%y/yIGI E and P universe earnings are expected to augment by +109%y/y during 4QFY23 to PKR 77.5bn compared to PKR 37.0bn in the same period la…
Karachi, August 07, 2023 (PPI-OT): KSE-100 lost 25 points yesterday, to close at 48,586 with 331Mn shares being traded. Top performance as per price change was witnessed in CNERGY, PABC and HGFA. Top decliners GADT, JDWS and KOHC. Activity was mainly c…
Karachi, August 07, 2023 (PPI-OT): OGDC PPL MARI POL – 4QFY23 PreviewsOGDC to report earnings of PkR7.14/sh for 4QFY23:Oil and Gas Development Company Limited (OGDC) is scheduled to release its 4QFY23 earnings sometime in August, where we expect the co…
Karachi, August 07, 2023 (PPI-OT): KSE-100 – Closes with a marginal lossMarket View – TechnicalThe index opened on a slightly negative note and faced a volatile session. The local bourse posted a high of 229pts, a low of 183pts and concluded with a los…
Karachi, August 07, 2023 (PPI-OT): Caretaker government 2023We screen historical data and look at six caretaker set ups. We analyse periods of 3M run prior, during and 3M post caretaker data points for the following:IMF relationship – upcoming caretake…
Karachi, August 07, 2023 (PPI-OT): KSE-100; Correction expectedKSE-100 index witnessed a volatile session on Friday to close at 48,586, down 25 points DoD. Volumes stood at 331mn shares versus 526mn shares traded previously. The index is likely to re-t…
Karachi, August 04, 2023 (PPI-OT): LUCK and MLCF FY23 Result PreviewsWe present 4QFY23 earnings expectations for Lucky Cement Ltd. (LUCK) and Maple Leaf Cement (MLCF), where we expect bottom-line of both companies to take a hit owing to higher financia…