Web Desk
Karachi, July 01, 2022 (PPI-OT): DAILY STOCK MARKET REPORT Market Position as of July 01, 2022 Ready Market Companies Position Plus Minus Unchanged Total 167 137 18 322 Future Market Companies Position Plus Minus Unchanged Total 241 42 7 290 INDICES KSE30 KSE100 KSEALLSHR KMI30 KMIAllSHR BKTI OGTI Current 15,861.23 41,630.35 28,608.22 68,722.93 20,873.96 10,696.88…
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Karachi, July 01, 2022 (PPI-OT): View from the desk KSE-100 index closed at 41,630 gaining 89 points DoD. Traded volume stood at 154mn shares where AGL (1.7%), ANL (5.1%), GTECH (2.4%), TPLP (0.2%) and HUMNL (-4.2%) were the major contributors. Going forward, we recommend to adopt a buy-on-dip strategy in the Banking and E and…
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Karachi, July 01, 2022 (PPI-OT): Market bounces back to recoup losses Pakistan equities closed the week at 41,630, reporting an increase of 1.4% WoW. The week started on an optimistic note as investors brushed off the pessimism after the announcement of Super tax last week. Positive news regarding the receipt of the MEFP from IMF…
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Karachi, July 01, 2022 (PPI-OT): Weekly Review After an astounding super tax imposed on 13 sectors on Friday last week, the KSE-100 index started the week with robust performance gaining 827pts on Monday but was unable to continue its momentum and followed a topsy-turvy ride over the rest of the week. Uncertainty on IMF front,…
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Faisalabad, July 01, 2022 (PPI-OT):Faisalabad Electric Supply Company (FESCO) Health Safety Environment (HSE) Directorate has launched a public safety awareness campaign and issued instructions in view of current monsoon season. In this connection, Chief Executive Officer (CEO) FESCO Engr. Bashir Ahmed has appealed to the public to follow these guidelines to avoid any possible electric…
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Lahore, July 01, 2022 (PPI-OT):The assigned rating incorporates AKD Investment Management Limited’s (“AKDIML” or the “Company”) adequate corporate governance structure, and experienced management team. AKD Investment is managing a diversified fund slate comprising equity, Income, and money market categories, however, the equity category has a major proportion of total AUMs; on average ~50% during FY22….
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Lahore, July 01, 2022 (PPI-OT):The rating reflects the maintained market position of the Company, garnering a strong foothold in the takaful industry. Pak-Qatar has been able to sustain its system share gradually while controlling cost post-Pandemic, while simultaneously benefiting from the large investment book. The rating affirmations reflect the stability in PQFTL’s risk-adjusted capitalization levels,…
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