Karachi, August 01, 2023 (PPI-OT): EFERT: Corporate briefing session key takeawaysEngro Fertilizer Limited (EFERT) held its corporate briefing yesterday to discuss the 2QCY23 results and outlook. To recall, company reported consolidated 2QCY23 earnings…
Karachi, August 01, 2023 (PPI-OT): EFERT just held its corporate briefing session to discuss the 1HCY23 resultsTo recall, the company posted a consolidated PAT of PkR1.1bn/PkR5.5bn (EPS: PkR0.79/ sh/PkR4.09/sh) for the 1QCY23/1HCY23. The major factor e…
Karachi, August 01, 2023 (PPI-OT): KSE-100 – Upward ride continuesMarket View – TechnicalThe index opened with a bullish bias and remained bullish throughout the last trading session. The local bourse posted a high of 1,050pts and concluded with a gain…
Karachi, July 31, 2023 (PPI-OT): Comparing 47,000 of Nov-2021 vs 47,000 of todayHaving gained 18% in 22 sessions, KSE-100 closed above 47,000 – first time since Nov-2021. We however highlight that KSE-100 index levels alone do not portray the whole pic…
Karachi, July 31, 2023 (PPI-OT): KSE-100 closed above psychological level of 48,000KSE-100 witnessed another positive session, 8th in a row, to close at 48,035, up 958 points DoD. Volumes improved to 492mn shares from 455mn shares traded previously. If…
Karachi, July 31, 2023 (PPI-OT): MPC Expected to Put Brakes on Key Rates Hikes We expect the policy rate to remain unchanged at 22% as SBP is likely to view projected CPI as headed south during the month of Jul-23.Since the last monetary policy meeting…
Karachi, July 31, 2023 (PPI-OT): KSE-100 up 394 points yesterday, to close at 47,077 with 455Mn shares being traded. Top performance as per price change was witnessed in NBP, GADT and HBL. Top decliners UNITY, PAKT and KTML. Activity was mainly concent…