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): 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…
Karachi, July 10, 2023 (PPI-OT): KSE-100 likely to revisit its recent highKSE-100 index witnessed a range bound activity to close at 44,207, up 28 points DoD. Volume stood at 248mn shares versus 298mn shares traded previously. The index is likely to re…
Karachi, July 10, 2023 (PPI-OT): The gap opening in the outgoing week is showing a sign of a new bullish rally in the upcoming months. Also, KSE-100 has closed above its 21-EMA on monthly chart which was acting as a key resistance for the last few mont…
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 07, 2023 (PPI-OT): KSE-100 – Highest closing recorded in 14 MonthsMarket View – TechnicalThe index opened on a positive note and remained bullish throughout the last trading session. The local bourse posted a high of 660pts and concluded …