FLASHNEWS:

Category: Brokerage

Taurus Securities Limited – Market Roundup (02 August 2023)

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…

IGI Securities Limited – Flash Note (02 August 2023)

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…

IGI Securities Limited – Day Break (02 August 2023)

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…

Taurus Securities Limited – Market Roundup (01 August 2023)

Karachi, August 01, 2023 (PPI-OT): KSE-100 up 958 points yesterday, to close at 48,035 with 491Mn shares being traded. Top performance as per price change was witnessed in HGFA, OGDC and HBL. Top decliners ABOT, PSEL and YOUW. Activity was mainly conce…

AKD Securities Limited – AKD Daily (01 August 2023)

Karachi, August 01, 2023 (PPI-OT): Index remained buoyant during July’23, returning 16.23%MoMKSE100 Index closed on a significantly positive note during the outgoing month, with the index cumulatively appreciating by 6,700pts to end at 48,035pts. This …

IGI Securities Limited – Flash Note (01 August 2023)

Karachi, August 01, 2023 (PPI-OT): Central Bank Maintains Key Policy Rate at 22%, Expects ModerateCredit Growth and Inflation Moderation In the latest Monetary Policy Announcement (link) the State Bank of Pakistan (SBP) kept the key rate unchanged at 2…

JS Securities Limited – JS Research (01 August 2023)

Karachi, August 01, 2023 (PPI-OT): Jul-2023: Charged bulls hold groundJul-2023: Monthly gains at 16%, highest since Apr-2020…The KSE100 Index crossed many barriers in Jul-2023, closing above 48,000 level – a 24-month high. The month recorded returns …