Taurus Securities Limited - Market Roundup (May 16, 2023)

FLASHNEWS:

Pakistan Seeks USD 3.5bn Loan from Saudi Arabia for Diamer-Bhasha Dam Project

Currency Exchange Rates Fluctuate in Pakistan

KSE100 Index Achieves 10k Points Milestone, Aims for 100k by Year-End

Pioneer Cement Reports Earnings Decline in 3QFY24 Amidst Lower Offtakes

Maple Leaf Cement reports reduced earnings in third quarter

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Taurus Securities Limited – Market Roundup (May 16, 2023)

May 16, 2023

Karachi, May 16, 2023 (PPI-OT): KSE-100 gained 231 points yesterday, to close at 41,718 with 109Mn shares being traded. Top performance as per price change was witnessed in LOTCHEM, PAKT and HCAR. Top decliners POML, PPL and OGDC. Activity was mainly concentrated in Technology, Cements and Chemicals.