Taurus Securities Limited - Market Roundup (December 22, 2022)

FLASHNEWS:

Cost Adjustments Sought for Islamabad’s 10th Avenue Project Amid Slow Progress

ADB and FBR Collaborate to Advance Digital Tax Administration in Islamabad

FBR to Block SIM Cards of Non-Filers by Mid-May, PTA to Enforce Compliance

Karachi’s Red Line BRT Project Nears Completion, Fueled by Biogas

KE Unveils Plan for 640 MW Renewable Energy Projects Amidst Growing Demand

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Taurus Securities Limited – Market Roundup (December 22, 2022)

December 22, 2022

Karachi, December 22, 2022 (PPI-OT): KSE-100 lost 490 points yesterday, to close at 39,343 with 166Mn shares being traded. Top performance as per price change was witnessed in LOTCHEM, ILP and HCAR. Top decliners PGLC, TRG and RMPL. Activity was mainly concentrated in Tech, Refinery and Power.