FLASHNEWS:

Category: Brokerage

Taurus Securities Limited – Market Roundup (07 Sep 2023)

Karachi, September 07, 2023 (PPI-OT): KSE-100 gained 316 point yesterday, to close at 45,808 with 139Mn shares being traded. Top performance as per price change was witnessed in KAPCO, HCAR and THALL. Top decliners PGLC, PAKT and NML. Activity was main…

IGI Securities Limited – Flash Note (07 Sep 2023)

Karachi, September 07, 2023 (PPI-OT): Maple Leaf Cement Factory LimitedEarnings: Maple Leaf Cement Factory Limited (MLCF) announced it 4Q’23 result. For the period, the Company reported consolidated loss of PKR 0.4bn (LPS PKR 0.38) compared to earnings…

AKD Securities Limited – AKD Daily Technical (07 Sep 2023)

Karachi, September 07, 2023 (PPI-OT): KSE-100 – Bullish session witnessedMarket View – TechnicalThe index opened on a positive note and faced a bullish session. The local bourse posted a high of 363pts and concluded with a gain of 316pts to settle at 4…

JS Securities Limited – JS Research (07 Sep 2023)

Karachi, September 07, 2023 (PPI-OT): LCI: Diversified conglomerate with consistent payoutsLucky Core Industries Limited (LCI) offers a well-diversified exposure to industries ranging from food, agriculture, chemicals, glass, healthcare and textiles.LC…

JS Securities Limited – JS Research (06 Sep 2023)

Karachi, September 06, 2023 (PPI-OT): INDU: Management foresees challenges to persistIndus Motor Company Limited (INDU) held its Analyst Briefing yesterday to discuss its FY23 financial performance and outlook. To recall, INDU posted an EPS of Rs122.96…

Taurus Securities Limited – Market Roundup (06 Sep 2023)

Karachi, September 06, 2023 (PPI-OT): KSE-100 lost 216-point yesterday, to close at 45,491 with 121Mn shares being traded. Top performance as per price change was witnessed in GADT, MUREB and MLCF. Top decliners YOUW, PGLC and BAHL. Activity was mainly…

AKD Securities Limited – AKD Daily Technical (06 Sep 2023)

Karachi, September 06, 2023 (PPI-OT): KSE-100_Faces a volatile session; low volumesMarket View – TechnicalThe index opened on a positive note and faced a volatile session. The local bourse posted a high of 243pts, a low of 290pts and concluded with a l…

IGI Securities Limited – Flash Note (September 05, 2023)

Karachi, September 05, 2023 (PPI-OT): Cherat Cement Company LimitedEarnings: Cherat Cement Company Limited (CHCC) announced its FY23 result. The Company reported unconsolidated earnings of PKR 4.4bn (EPS PKR 22.67/share), down by 1%y/y. On a quarterly …