Karachi, July 13, 2023 (PPI-OT): Pakistan Strategy – Rejoice, for the IMF is finally here!Rejoice, for the IMF is finally here! While Pakistan’s staff level agreement (SLA) for the SBA caught everyone off-guard, Board approval for the same had widely b…
Karachi, July 13, 2023 (PPI-OT): IMF approval received; estimates suggest challenging road aheadIMF’s Executive Board approved a 9-month Stand-By Arrangement (SBA) for Pakistan, helping Pakistan to get ~US$3bn, with the first tranche (~US$1.2bn) disbur…
Karachi, July 13, 2023 (PPI-OT): KSE-100_Bulls gaining strengthMarket View – TechnicalThe index opened on a positive note and remained bullish throughout the last trading session. The local bourse posted a high of 427pts and concluded with a gain of 35…
Karachi, July 13, 2023 (PPI-OT): KSE-100; Indicators are overbought – stay cautiousBulls dominated for another session as KSE-100 index closed up by 359 points at 45,515 level. Volumes stood at 450mn shares versus 555mn shares traded previously. The in…
Karachi, July 12, 2023 (PPI-OT): Autos: Sales remain depressed during FY23We review auto sales volume for June-2023 where sales clocked in at 6k units, up 10% MoM. The improvement comes amid ease off in import restrictions. Cumulative volume for FY23, …
Karachi, July 12, 2023 (PPI-OT): KSE-100 up 571 points yesterday, to close at 45,156 with 549Mn shares being traded. Top performance as per price change was witnessed in HCAR, THALL and PSMC. Top decliners HGFA, ABL and PGLC. Activity was mainly concen…
Karachi, July 12, 2023 (PPI-OT): KSE-100 in an overbought region; stay cautiousKSE-100 index witnessed another positive session to close at 45,156, up 571 points DoD. Volumes stood at 555mn shares versus 440mn shares traded previously. The index is lik…