Karachi, July 20, 2023 (PPI-OT): External sources to continue determining imports in FY24After the year closed CAD at US$2.56bn in FY23, we estimate CAD at US$5.8bn for FY24E, where our estimates keep imports limited over potential scarcity of FCY in t…
Karachi, July 19, 2023 (PPI-OT): KSE-100: Range bound activity witnessedMarket View – TechnicalThe index opened on a positive note and remained volatile during the last trading session. The local bourse posted a high of 198pts, a low of 194pts and conc…
Karachi, July 19, 2023 (PPI-OT): KSE-100 expected to trade range boundKSE-100 index witnessed another negative session to close at 45,009, down 33 points DoD. Volumes stood at 255mn shares versus 315mn shares traded previously. The index is likely to r…
Karachi: The KSE-100 Index continued its upward trajectory this week, closing at 171,404, marking a 0.9% increase from the previous week. The rise comes as the State Bank of Pakistan’s unexpected 50 basis point cut in the policy rate to 10.5% bolstere…
Karachi, July 19, 2023 (PPI-OT): KSE-100 lost 33 points yesterday, to close at 45,009 with 254Mn shares being traded. Top performance as per price change was witnessed in COLG, AVN and FABL. Top decliners HCAR, PSMC and AIRLINK. Activity was mainly con…
Karachi, July 19, 2023 (PPI-OT): IMF SBA: Limited space for manoeuvrabilityThe IMF has released the staff report detailing the agreement reached with Pakistan’s authorities for a new US$3bn (SDR2,250mn) Stand-By Arrangement (SBA).Amongst the major obse…
Karachi, July 19, 2023 (PPI-OT): IMF – Reforms and debt sustainability key prioritiesIMF has released its latest Staff Report for Pakistan, post entering into a US$3bn Stand-By Arrangement for 9 months.The document though highlights the usual key refor…