| 2022 | January | 3

  • VIS Reaffirms Entity Ratings of Next Capital Limited

    Karachi, August 03, 2022 (PPI-OT):VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Next Capital Limited (NCL) at ‘A-/A-2’ (Single A-Minus/A-Two). The long-term rating of ‘A-‘signifies good credit quality; protection factors are adequate. Risk factors may vary with possible changes in the economy. The short-term rating of ‘A-2’ signifies good certainty of…

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  • Pakistan Stock Exchange Limited Market Position on 03-08-2022

    Karachi, August 03, 2022 (PPI-OT): DAILY STOCK MARKET REPORT Market Position as of August 03, 2022 Ready Market Companies Position Plus Minus Unchanged Total 258 68 22 348 Future Market Companies Position Plus Minus Unchanged Total 300 10 10 320 INDICES KSE30 KSE100 KSEALLSHR KMI30 KMIAllSHR BKTI OGTI Current 15,569.58 41,068.87 28,428.89 67,261.19 20,892.10 10,609.61…

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  • JS Securities Limited – JS Market Wrap (August 03, 2022)

    Karachi, August 03, 2022 (PPI-OT): View from the desk KSE100 touched its intraday high of 41,208 as PKR made its highest single-day gain of Rs9.6 in interbank raising confidence of investors. As a result, the market closed at the 41,069 level, up by 877 points. Traded volume stood at 333mn shares with WTL (1.7%), TPLP…

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  • IGI Securities Limited – Flash Note (August 03, 2022)

    Karachi, August 03, 2022 (PPI-OT): Commercial Banks – United Bank Limited Earnings: United Bank Limited (UBL) announced its financial result for the second quarter of the year 2022. As per the financial result, the bank reported earnings of PKR 2.3bn (PKR 1.9/share) that sharply fell when compared to last year of PKR 7.6bn (PKR 6.2/share),…

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  • IGI Securities Limited – Day Break (August 03, 2022)

    Karachi, August 03, 2022 (PPI-OT): Oil and Gas Exploration Companies – Sector Earnings to drop during 4QFY22 amid higher taxation and exploration cost IGI E and P universe earnings are expected to augment by 11%YoY in 4QFY22 to PKR 45.7bn compared to PKR 51.4bn in the same period last year. Earnings attrition is expected on…

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  • AKD Securities Limited – Off the Analyst’s Desk (August 03, 2022)

    Karachi, August 03, 2022 (PPI-OT): UBL: Earnings disappoint on the back of lower NFI United Bank Limited (UBL) announced its 1HCY22 result today, where the bank posted consolidated earning of PkR12.2bn (EPS: PkR9.7), down 20%YoY. Along with the result the bank also announced a quarterly dividend of PkR4.0/sh. The earnings were slightly lower than anticipated…

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  • ICI Pakistan Limited Announces Results for the Year Ended June 30, 2022

    Karachi, August 03, 2022 (PPI-OT):Following the meeting of the Board of Directors, ICI Pakistan Limited announced its financial results for the year ended June 30, 2022. In line with its growth aspirations, the Company continues to deliver robust results. Financial Highlights On a consolidated basis (including the results of the Company’s subsidiaries: ICI Pakistan PowerGen…

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