Karachi, August 31, 2023 (PPI-OT): LUCK – FY23 Analyst Briefing TakeawayLucky Cement Limited (LUCK) held its analyst briefing yesterday to discuss its FY23 results and provide insights into the company’s future outlook.To recall, company posted earning…

Karachi, August 31, 2023 (PPI-OT): KSE-100 moving towards the 50-DMA levelBears dominate for another session as KSE-100 index lost 526 points to close the session at 46,245. Volumes stood at 200mn shares versus 218mn shares traded previously. The index…

Karachi, August 31, 2023 (PPI-OT): Kohat Cement LimitedEarnings: Kohat Cement Limited (KOHC) announced its FY23 result. The Company reported unconsolidated earnings of PKR 5.8bn (EPS PKR 29/share), up by +16%y/y. On a quarterly basis, the company repor…

Karachi, August 30, 2023 (PPI-OT): KSE-100 lost 708-point yesterday, to close at 46,770 with 216Mn shares being traded. Top performance as per price change was witnessed in AGP, TRG and PGLC. Top decliners SYS, APL and AVN. Activity was mainly concentr…

Karachi, August 30, 2023 (PPI-OT): Attock Petroleum LimitedEarnings: Attock Petroleum Limited (APL) announced it 4QFY23 result. The Company reported 4QFY23 earnings of PKR 2.63bn (EPS PKR 21.09), down by 64%y/y compared to PKR 7.29bn (EPS PKR 58.59) in…

Karachi, August 30, 2023 (PPI-OT): Aug-23: CPI Outlook Worsened; Likely to Rebound Further to 28.8%y/yFor Aug-23, we estimate national CPI to clock in at +28.8%y/y growth compared to the previous month’s +28.3%y/y. On a monthly scale, Aug-23 is estimat…

Karachi, August 30, 2023 (PPI-OT): CHCC and KOHC FY23 result previewsWe present 4QFY23 earnings expectations for Cherat Cement Ltd. (CHCC) and Kohat Cement Ltd. (KOHC), where we anticipate a reduction in bottom-line owing to higher financial and tax ch…

Karachi, August 30, 2023 (PPI-OT): KSE-100 – Index declines by 708ptsMarket View – TechnicalThe index opened on a n negative note and faced a bearish session. The local bourse posted a low of 880pts and concluded with a loss of 708pts to settle at 46,7…

Karachi, August 30, 2023 (PPI-OT): KSE-100 dropped below the 30-DMA; stay cautiousBears dominated the session as KSE-100 index lost 708 points to close at 46,770 level. Volumes stood at 218mn shares versus 184mn shares traded previously. The index has …

Karachi, August 30, 2023 (PPI-OT): MLCF, DGKC, CHCC and PIOC 4QFY23 Result PreviewsMLCF 4QFY23 earnings expected at PkR 0.6/sh: MLCF is expected to announce its 4QFY23 results sometime next month, wherein we expect company to post PAT of PkR636mn (EPS:…