Karachi, September 01, 2023 (PPI-OT): Weekly ReviewThis week KSE-100 index fell by 4.95%, losing 2,358 points and closing at 45,313. NEPRA’s announcement of a national average power tariff hike of ~PkR 4.96 for FY24 was met with strong disapproval and …

Karachi, September 01, 2023 (PPI-OT): Aug-2023: Plummeting PKR captures attentionAug-2023 closes down 6%Wiping out partial Jul-2023’s gains, Aug-2023 closed down 6%, while a sharp 6% PKR depreciation against US$ took US$-based losses to 12% this month….

Karachi, September 01, 2023 (PPI-OT): KSE-100: Trades below lower Bollinger BandMarket View – TechnicalThe index opened on a positive note and faced a bearish session. The local bourse posted a low of 1,785pts and concluded with a loss of 1,242pts to s…

Karachi, September 01, 2023 (PPI-OT): KSE-100 trading below lower band; Pullback likelyKSE-100 index witnessed another negative session to close at 45,002, down 1,242 points DoD. Volumes stood at 287mn shares versus 200mn shares traded previously. The …

Karachi, September 01, 2023 (PPI-OT): Pakistan Strategy – Aug’23 Market review and outlookKSE100 index faced downward pressure throughout the month of August, witnessing a correction of 3,032pts to conclude at 45,002 points, marking a 6.3%MoM drop. KSE…

Karachi, August 31, 2023 (PPI-OT): LUCK: Management highlights mitigants to headwindsLucky Cement Company Limited (LUCK) conducted its Corporate Briefing yesterday to discuss FY23 results and outlook. As the management expects ongoing macro challenges …

Karachi, August 31, 2023 (PPI-OT): D.G. Khan Cement Company LimitedEarnings: D.G. Khan Cement Company Limited (DGKC) announced its FY23 result. The Company reported an unconsolidated loss of PKR 3.6bn (EPS PKR -8.3), down by x2.2 y/y. On a quarterly ba…

Karachi, August 31, 2023 (PPI-OT): Market View – TechnicalThe index opened on a flat note and faced another bearish session. The local bourse posted a low of 669pts and concluded with a loss of 526pts to settle at 46,245pts. The volumes witnessed in th…

Karachi, August 31, 2023 (PPI-OT): DGKC – 4QFY23 Result Review – Higher taxation turns earnings redD.G. Khan Cement Company Limited (DGKC) announced its 4QFY23 result today, where the company has posted unconsolidated LAT of PkR5.8bn (LPS: PkR13.1) vs….

Karachi, August 31, 2023 (PPI-OT): KSE-100 lost 526-point yesterday, to close at 46,245 with 200Mn shares being traded. Top performance as per price change was witnessed in INIL, MUREB and THALL. Top decliners KAPCO, HCAR and AVN. Activity was mainly c…