Web Desk
Karachi, July 12, 2021 (PPI-OT): DAILY STOCK MARKET REPORT Market Position Printed On JUL-12-2021 COMPANIES KSE KSE-30 KSE-100 KSE-ALLSHR KMI-30 BATi OGTi PSX-KMI POSITION INDICES INDEX INDEX INDEX INDEX INDEX INDEX INDEX Plus 136 Current 19061.74 47447.08 32428.10 76754.64 12601.92 12557.15 23215.94 Minus 257 Previous 19110.87 47563.45 32542.43 76966.66 12601.98 12570.84 23302.52 Unchanged 19 High…
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Karachi, July 12, 2021 (PPI-OT): View from the desk The local bourse witnessed range-bound activity today as the benchmark KSE100 moved between a high and low of 47,715 and 47,408 respectively. Total value traded dropped 6% to US$90mn while traded volume stood at 475mn shares. Top contributors to volume were WTL (-5.5%), TREET (-0.8%), TPL…
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Karachi, July 12, 2021 (PPI-OT):With the conclusion of the closing ceremony of UEFA EURO 2020™, presented by vivo, fans everywhere have had nearly a month of beautiful moments around the beautiful game. Throughout the tournament, vivo has been helping encourage and enable people around the world be in the moment and get closer to the…
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Lahore, July 12, 2021 (PPI-OT):Pakistan’s No. 1 selling smartphone brand Infinix today launched a new premium smartphone NOTE 10. This amazing smartphone will be available on retail price of Rs. 25,999 for a limited time offer alongwith additional Rs. 1000 discount on pre-order starting from July 15, 2021. Fans can order NOTE 10 on Xpark…
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Lahore, July 12, 2021 (PPI-OT):The assigned rating of Cedar Capital (Pvt.) Limited (“CCPL” or the “Company”) incorporates adequate ownership structure, satisfactory regulatory framework, sound internal controls and strong business acumen of sponsor. CCPL has a well-defined organizational hierarchy where the responsibilities and reporting lines are logically structured. The assigned rating takes into account a sound…
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Islamabad, July 12, 2021 (PPI-OT):Wateen Telecom, the leading ICT and Fiber Infrastructure Company in Pakistan, has partnered with Telenor Pakistan to connect over 700 Telenor cell sites under the FTTT (Fiber to the Tower) initiative. In its journey to achieve optimum readiness for growing bandwidth demand and emerging technologies, Telenor Pakistan relies on Wateen as…
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Karachi, July 12, 2021 (PPI-OT): OMCs: Expect a strong quarter We present earnings estimates for APL and SHEL ahead of the June-2021 result announcements. We expect strong earnings for the overall sector in the near absence of exchange losses and bullish oil prices in the international market that could translate to substantial inventory gains. Furthermore,…
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