Taurus Securities Limited - Market Roundup (September 16, 2021)

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 (September 16, 2021)

September 16, 2021

Karachi, September 16, 2021 (PPI-OT): KSE-100 lost 175 points yesterday, to close at 46,717 with 333Mn shares being traded. Top performance as per price change was witnessed in FFBL, SCBPL and FABL. Top decliners AGP, MLCF and YOUW. Activity was mainly concentrated In Technology, Refinery and Banks.