Karachi, July 06, 2023 (PPI-OT): KSE-100 lost 4 points yesterday, to close at 43,553 with 342Mn shares being traded. Top performance as per price change was witnessed in YOUW, NRL and KAPCO. Top decliners HGFA, IBFL and EFUG. Activity was mainly concen…
Karachi, July 06, 2023 (PPI-OT): KSE-100: Volatile session amidst heavy volumesMarket View – TechnicalThe index opened on a slightly negative note and remained volatile throughout the last trading session. The local bourse posted a high of 484pts, a lo…
Karachi, July 06, 2023 (PPI-OT): KSE-100 may undergo corrective trend; cautiousKSE-100 index failed to sustain its intraday high of 44,041 and slid to close at 43,553, down 4 points. Volumes stood at 351mn shares versus 419mn shares traded previously. …
Karachi, July 06, 2023 (PPI-OT): Fertilizers: Well positioned to navigate recent changesWe visit the recently announced changes in taxation and incentive landscape for fertilizer sector. While companies have adjusted retail prices to account for 5% FED…
Karachi, July 05, 2023 (PPI-OT): KSE-100_Faces a highly volatile sessionMarket View – TechnicalThe index opened with a positive note and remained volatile throughout the last trading session. The local bourse posted a high of 612pts, a low of 411pts an…
Karachi, July 05, 2023 (PPI-OT): KSE-100; Engulfing Bear – stay cautiousKSE-100 index after making a high of 44,512 slid to close at 43,557, down 342 points DoD. Volumes stood high at 419mn shares versus 382mn shares traded previously. An Engulfing Bea…
Karachi, July 05, 2023 (PPI-OT): FY23 PDL target missed over lower POL salesOMC sales in Jun-2023 declined 31% YoY to 1.3mn tons (+4% MoM), taking FY23 sales to 16.6mn tons (-26% YoY). The decline was led by slowdown in economic activity including cons…