Karachi, August 03, 2023 (PPI-OT): Fertilizers: July-2023 offtake expected to improveWe expect Urea sales in Jul-2023 to clock in at 630k tons, up 36% YoY, taking 7MCY23 offtake up 1% YoY. Similarly, DAP offtake for Jul-2023 is expected to clock in at …
Karachi, August 03, 2023 (PPI-OT): KSE-100 – Surges amidst good volumesThe index opened with a slightly positive note and faced another bullish session. The local bourse posted a high of 622pts and concluded with a gain of 534pts to settle at 48,765pts…
Karachi, August 03, 2023 (PPI-OT): Pakistan Minerals Summit 2023 takeawaysThe Pakistan Minerals Summit 2023 was held yesterday, which had the participation of distinguished experts in the fields of mineralogy and mining, foreign ambassadors/investors, …
Karachi, August 03, 2023 (PPI-OT): KSE-100 moving towards 49,000 levelBulls dominated for another as KSE-100 index gained 534 points to close at 48,765. The market volumes stood almost flat at 556mn shares. The index is likely to face resistance in the…
Karachi, August 02, 2023 (PPI-OT): KSE-100 up 196 points yesterday, to close at 48,231 with 554Mn shares being traded. Top performance as per price change was witnessed in PAKT, ILP and AIRLINK. Top decliners COLG, SHEL and THALL. Activity was mainly c…
Karachi, August 02, 2023 (PPI-OT): MCB Bank LimitedEarnings: MCB Bank Limited (MCB) announced its financial result for the second quarter of the year 2023. As per the financial result, the Bank reported PKR 13.6bn (PKR 11.5/share) earnings during 2QCY2…
Karachi, August 02, 2023 (PPI-OT): Jul-23: Volumes Shrink by 6%y/y Owing to Lower FO sales Despite Growth in Retail SegmentIndustry volumes for oil marketing companies for the month of Jul-23 declined by 6%y/y to 1.35mn ton bringing industry volumes fo…