Karachi, July 24, 2023 (PPI-OT): HCAR – MY2023 Analyst Briefing TakeawayHonda Atlas Cars Limited (HCAR) conducted its analyst briefing today to brief investors on MY23 results and to shed some light on future outlook. Key takeaways from the meeting are…
Karachi, July 24, 2023 (PPI-OT): KSE-100_Index closes near 46,000 levelMarket View – TechnicalThe index opened on a slightly negative note and remained bullish throughout the last trading session. The local bourse posted a high of 724pts and concluded …
Karachi, July 24, 2023 (PPI-OT): Jul-2023 CPI to drop to 7-month low at 26.6% YoYWe expect CPI for Jul-2023 to clock in at 26.6% – lowest YoY reading in last seven months; despite MoM increase of 2.09% and core inflation at 21.84% (up 2.59% MoM). This …
Karachi, July 24, 2023 (PPI-OT): KSE-100; Upside to continueBulls continued to dominate as KSE-100 index touched the psychological level of 46,000 during the session. The index gained 522 points to close at 45,921. Volumes stood at 505mn shares versus …
Karachi, July 22, 2023 (PPI-OT): UBL – Result announcement 2QCY23Earnings: United Bank Limited (UBL) announced its financial result for the second quarter of the year 2023. As per the financial result, the Bank reported earnings of PKR 12.4bn (PKR 10.1…
Karachi, July 21, 2023 (PPI-OT): FFC | FFBL 2QCY23E Result PreviewsFFC-2QCY23 earnings expected to clock in at PkR5.15/sh: We expect FFC to continue with strong results on the back of uninterrupted gas supplies and lowest gas cost in the sector leading…
Karachi, July 21, 2023 (PPI-OT): Islamabad High Court Terms Super Tax ultra viresThe Islamabad High court issued a ruling yesterday stating Super Tax imposed in the FY23 budget shall be applicable prospectively from Tax Year 2023 but not Tax Year 2022,…