Taurus Securities Limited - Market Roundup (May 15, 2023)

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 (May 15, 2023)

May 15, 2023

Karachi, May 15, 2023 (PPI-OT): KSE-100 gained 162 points yesterday, to close at 41,488 with 89Mn shares being traded. Top performance as per price change was witnessed in JVDC, DAWH and PKGS. Top decliners POML, AIRLINK and CEPB. Activity was mainly concentrated in Technology, Cements and Banks.