Web Desk
Karachi, September 28, 2022 (PPI-OT): DAILY STOCK MARKET REPORT Market Position as of September 28, 2022 Ready Market Companies Position Plus Minus Unchanged Total 138 165 34 337 Future Market Companies Position Plus Minus Unchanged Total 219 98 19 336 INDICES KSE30 KSE100 KSEALLSHR KMI30 KMIAllSHR BKTI OGTI Current 15,504.26 41,435.13 28,347.27 67,688.82 20,809.91 10,365.33…
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Karachi, September 28, 2022 (PPI-OT): Automobile Assemblers – INDU: FY22 Corporate Briefing Takeaways To recall, the Company reported a profit after tax of PKR 15.8bn during FY22 v/s PKR 12.8bn during the same period last year, an increase of +23%y. Margin compression in the 4th quarter was a factor of a) higher international commodity, and…
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Karachi, September 28, 2022 (PPI-OT): View from the desk KSE100 Index started off on a positive note but could not sustain selling pressure and lost 83 points to close the day at the 41,435 level. Traded volume stood at 221mn shares where TPLP (+1.5%), CNERGY (-0.2%), KEL (+0.3%), GGL (0.0%) and PRL (+0.1%) were the…
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Karachi, September 28, 2022 (PPI-OT): KSE-100 – Approaching towards 50-SMA The index opened on a positive note and remained bullish throughout the last trading session. The local bourse posted an intraday high of 438pts and concluded with a gain of 367pts to settle at 41,518pts. The volumes clocked in the last trading session were slightly…
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Karachi, September 28, 2022 (PPI-OT): INDU: Weathering the storm Indus Motor Company Limited posted earnings of PkR15.8bn (EPS: PKR 201.0) during FY22, up 23%YoY from PkR12.8bn (EPS: PkR163.2) in FY21. The fall earnings in 4QFY22 was a result of lower gross margins (1.2%) and higher taxation due to the imposition of Supertax. The Indus Motor…
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Karachi, September 28, 2022 (PPI-OT):The country’s economy is confronted with multifarious challenges, which have been further aggravated by unprecedented devastating flood causing 30 billion dollars loss to the country while the import bill is likely to further increase which will be unbearable under the present economic situation. This was stated by Zubair Tufail Former President…
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Karachi, September 28, 2022 (PPI-OT):Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Wednesday expressed concern over falling forex reserves and asked the authorities to take steps to boost reserves. The current account deficit CAD) for August is 42…
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