Taurus Securities Limited - Market Roundup (16-03-2022)

FLASHNEWS:

Pioneer Cement Reports Earnings Decline in 3QFY24 Amidst Lower Offtakes

Maple Leaf Cement reports reduced earnings in third quarter

Tax Reversal Propels Bottom-line for Pakistan State Oil in 3QFY24

VIS Reaffirms ‘A-/A-2’ Ratings for Ashraf Sugar Mills Limited

Mughal and Amreli Steels face challenges in third-quarter earnings

Brokerage

Taurus Securities Limited – Market Roundup (16-03-2022)

March 16, 2022

Karachi, March 16, 2022 (PPI-OT): KSE-100 gained 353 points yesterday, to close at 43,720 with 188Mn shares being traded. Top performance as per price change was witnessed in JSCL, SRVI and KTML. Top decliners SCBPL, AICL and POML. Activity was mainly concentrated In Technology, Foods and Miscellaneous.