Taurus Securities Limited - Market Roundup (January 17, 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 (January 17, 2022)

January 17, 2022

Karachi, January 17, 2022 (PPI-OT): KSE-100 gained 0.3 point yesterday, to close at 45,763 with 239Mn shares being traded. Top performance as per price change was witnessed in LOTCHEM, INDU and NESTLE. Top decliners YOUW, AVN and UNITY. Activity was mainly concentrated In Technology, Refinery and Banks.