Taurus Securities Limited - Market Roundup (December 19, 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 (December 19, 2022)

December 19, 2022

Karachi, December 19, 2022 (PPI-OT): KSE-100 gain 122 points yesterday, to close at 41,301 with 140Mn shares being traded. Top performance as per price change was witnessed in PSEL, KAPCO and SNGP. Top decliners MNL, INIL and ATRL. Activity was mainly concentrated in Banks, Technology and Textiles.