Karachi, July 11, 2023 (PPI-OT): KSE-100 up 378 points yesterday, to close at 44,585 with 439Mn shares being traded. Top performance as per price change was witnessed in PAEL, PSMC and NRL. Top decliners FHAM, MUREB and KEL. Activity was mainly concent…
Karachi, July 11, 2023 (PPI-OT): KSE-100 – Bulls dominate amidst positive volumesThe index opened on a positive note and remained bullish throughout the last trading session. The local bourse posted a high of 394ptsand concluded with a gain of 378pts t…
Karachi, July 11, 2023 (PPI-OT): FY23 remittances dip despite growth in NRPsDespite continued growth in number of Non-resident Pakistanis (continuing at 10-year CAGR of 6%), remittances for FY23 closed 14% lower YoY at US$27bn (first YoY decline since …
Karachi, July 11, 2023 (PPI-OT): KSE-100; Upside to continueBulls continued to dominate the session as KSE-100 index gained 378 points to close at 44,585 level. Volumes stood at 440mn shares versus 248mn shares traded previously. If the gain continues,…
Karachi, July 10, 2023 (PPI-OT): Banks: FY24 budgetary measures and their impactsAmongst the budgetary measures announced in FY24 Federal Budget, the widest impact for the banking sector comes from Super Tax imposition at 10%, increasing from 4%. This …
Karachi, July 10, 2023 (PPI-OT): KSE-100 – Range bound activity witnessedThe index opened on a flat note and traded in a narrow range during the last trading session. The local bourse posted a high of 115pts, a low of 92pts and concluded with a gain of…
Karachi, July 10, 2023 (PPI-OT): KSE-100 lost 28 points yesterday, to close at 44,207 with 247Mn shares being traded. Top performance as per price change was witnessed in JDWS, AVN and PGLC. Top decliners EFUG, THAL and KTML. Activity was mainly concen…