Web Desk
Karachi, September 06, 2022 (PPI-OT): DAILY STOCK MARKET REPORT Market Position as of September 06, 2022 Ready Market Companies Position Plus Minus Unchanged Total 146 166 23 335 Future Market Companies Position Plus Minus Unchanged Total 273 23 13 309 INDICES KSE30 KSE100 KSEALLSHR KMI30 KMIAllSHR BKTI OGTI Current 15,750.79 41,860.36 28,731.94 69,195.84 21,202.73 10,790.32…
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Karachi, September 06, 2022 (PPI-OT): View from the desk The bourse witnessed range bound activity today where the KSE100 index moved in a range of 243 points touching a high of 41,927 and a low of 41,684 points. Traded volume stood at 187mn shares with HASCOL (8.4%), PIAA (14%), FFL (3.0%), CNERGY (0.4%) and PRL…
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Karachi, September 06, 2022 (PPI-OT): KSE-100: Approaching towards 50-SMA The index opened on a positive note and remained under pressure throughout the last trading session. The local bourse posted an intraday low of 450pts and concluded with a loss of (Downward) 450pts to settle at 41,859pts. The volumes clocked in the last trading session were…
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Karachi, September 06, 2022 (PPI-OT): Pakistan Banks: Gauging the impact of floods With floods disrupting lives up and down the country, the business environment for banks is also deteriorating. To this end, the credit off-take is likely to deteriorate where we may see the headline growth in advances to miss our target of 10% for…
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Lahore, September 06, 2022 (PPI-OT):Lucky Electric Power Company Limited (Lucky Electric or The Company) has set up a 1x660MW (gross) coal fired power plant. The project achieved COD in March-22 and is successfully connected to and providing electricity to the grid. The primary fuel is Coal; a coal supply agreement is signed with Sindh Engro…
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Lahore, September 06, 2022 (PPI-OT):Lucky Electric Power Company Limited (Lucky Electric or The Company) has set up a 1x660MW (gross) coal fired power plant. The project achieved COD in March-22 and is successfully connected to and providing electricity to the grid. The primary fuel is Coal; a coal supply agreement is signed with Sindh Engro…
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Lahore, September 06, 2022 (PPI-OT):Lakson Investments Limited (LIL) is in the process to launch the “Fund” in order to strengthen its relative position in the Islamic money market category. Lakson Islamic Money Market Fund (or the “fund”) would be an open-ended fund, managed by Lakson Investment Limited (LIL). The objective of the Lakson Islamic Money…
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