Taurus Securities Limited - Market Roundup (October 12, 2022)

FLASHNEWS:

K-Electric and FIA Collaborate to Tackle Power Theft in Karachi

VIS Revises Outlook on LOLC Microfinance Bank from ‘Negative’ to ‘Stable’

Recovery Expected in April Auto Sales Despite Mixed Trends, with Financing Declines Continuing

VIS Credit Rating Maintains Stable Outlook for Mobilink Microfinance Bank

Justice Khilji Advocates for Arbitration and Mediation to Resolve Business Disputes in Pakistan

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Taurus Securities Limited – Market Roundup (October 12, 2022)

October 12, 2022

Karachi, October 12, 2022 (PPI-OT): KSE-100 lost 56 points yesterday, to close at 42,155 with 305Mn shares being traded. Top performance as per price change was witnessed in ATRL, SRVI and MUREB. Top decliners PGLC, TRG and PIOC. Activity was mainly concentrated In Refinery, Technology and Chemical.