Karachi, September 12, 2023 (PPI-OT): HUBC Strong finish to FY23The Hub Power Company (HUBC) announced its 4QFY23 result earlier today, where the company reported consolidated quarterly earnings of PkR23.9bn (EPS: PkR18.43), up by 112%QoQ/241%YoY. This…

Karachi, September 12, 2023 (PPI-OT): KSE-100; Consolidation to continue below the 50-DMAAnother range-bound session was witnessed for KSE-100 index as it closed at 45,866 level, down 148 points. Volume stood high at 213mn shares versus 150mn shares tr…

Karachi, September 12, 2023 (PPI-OT): Banks: Focus on CAR bodes well for dividend sustainabilityLatest stock filing by United Bank Ltd (UBL) notifies intention to sell 55% holding in UNBL UK which takes up 200bp of UBL’s consolidated CAR – a move which…

Karachi, September 11, 2023 (PPI-OT): KSE-100; Range bound activity to continueKSE-100 index showed positive movement to close at 46,013 level, up 256 points DoD. Volumes stood at 150mn shares versus 177mn shares traded previously. The index is likely …

Karachi, September 11, 2023 (PPI-OT): KSE-100 gained 256-point yesterday, to close at 46,013 with 149Mn shares being traded. Top performance as per price change was witnessed in BAFL, PAEL and AICL. Top decliners NATF, SHFA and RMPL. Activity was mainl…

Karachi, September 11, 2023 (PPI-OT): KSE-100 – Low volumes witnessedMarket View – TechnicalThe index opened on a positive note and faced a bullish session. The local bourse posted a high of 320pts, a low of 28pts and concluded with a gain of 256pts to…

Karachi, September 11, 2023 (PPI-OT): Food sector – Sales remain strong, dividends continue to pileTaking a proxy of 8 listed food companies given in the table, we analyse food sector’s performance during 2QCY23. Top-line for the quarter remained stead…

Karachi, September 08, 2023 (PPI-OT): Autos: Aug-2023 likely to rebound to 5-month high on low baseWe preview auto sales volume for Aug-2023 where we expect sales for the three listed OEMs to clock in at 6.6k units, a 32% YoY decline over suppressed de…

Karachi, September 08, 2023 (PPI-OT): KSE-100 lost 50-point yesterday, to close at 45,757 with 177Mn shares being traded. Top performance as per price change was witnessed in DAWH, PAKT and ILP. Top decliners PSMC, HCAR and DGKC. Activity was mainly co…

Karachi, September 07, 2023 (PPI-OT): KSE-100 gained 316 point yesterday, to close at 45,808 with 139Mn shares being traded. Top performance as per price change was witnessed in KAPCO, HCAR and THALL. Top decliners PGLC, PAKT and NML. Activity was main…