Web Desk
Karachi, August 04, 2022 (PPI-OT): DAILY STOCK MARKET REPORT Market Position as of August 04, 2022 Ready Market Companies Position Plus Minus Unchanged Total 212 107 24 343 Future Market Companies Position Plus Minus Unchanged Total 275 33 7 315 INDICES KSE30 KSE100 KSEALLSHR KMI30 KMIAllSHR BKTI OGTI Current 15,660.10 41,425.37 28,603.42 67,700.29 20,992.38 10,738.00…
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Karachi, August 04, 2022 (PPI-OT): View from the desk The market witnessed a bull run for a 2nd consecutive day post clarity regarding the IMF program and strengthening of PKR against US$. Investor participation increased across the board. The market closed 356 points up at the 41,425 level after touching a high of 41,630 points….
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Karachi, August 04, 2022 (PPI-OT): Oil and Gas Exploration Companies – Mari Petroleum Company Limited Earnings: Mari Petroleum Company Limited (MARI) announced it 4QFY22 result. The Company reported 4QFY22 earnings of PKR 5.60bn (EPS PKR 42.0), down by 31%y/y compared to PKR 11.04bn (EPS PKR 60.6) in the similar period last year. This brings total…
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Karachi, August 04, 2022 (PPI-OT): KSE-100 – Upward ride amidst ascending volumes The index opened with a positive bias and faced a bullish session. The local bourse posted an intraday high of 1,016pts and concluded with a gain of (Upward) 877pts to settle at 41,069pts. The volumes clocked in the last trading session were comparatively…
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Karachi, August 04, 2022 (PPI-OT): Pakistan Oil and Gas: Macros play in E and Ps’ favour in 4QFY22; Super Tax dampens profits AKD’s E and P Universe profitability is expected to tumble in 4QFY22, as growth in core profitability will likely be offset by higher taxation. The sector’s earnings before tax are expected to grow…
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Lahore, August 04, 2022 (PPI-OT):Nestle Pakistan has donated 60,000 litres of Nestle Pure Life water to National Disaster Management Authority (NDMA) to facilitate their relief activities across flood-affected areas following the torrential rains during recent monsoon spells. Sharing his thoughts, Waqar Ahmad, Head of Corporate Affairs and Sustainability, Nestle in Pakistan and Afghanistan said, “Access…
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Karachi, August 04, 2022 (PPI-OT):Mr. Irfan Iqbal Sheikh, President FPCCI, has demanded that the government should commemorate the Independence Day this year with austerity; and, divert the funds toward the flood relief operations and rehabilitation of the affectees. He noted with profound concern that more than 500 people have died in Balochistan alone; thousands are…
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