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Karachi, December 16, 2022 (PPI-OT): DAILY STOCK MARKET REPORT Market Position as of December 16, 2022 INDICES COMPANIES KSE KSE-30 KSE-100 KSE-ALLSHR KMI-30 BATI OGTI PSX-KMI POSITION INDEX INDEX INDEX INDEX INDEX INDEX INDEX INDEX Plus 124 Current 15241.80 41301.48 27809.20 69506.83 9500.81 10328.33 20070.69 Minus 185 Previous 15215.25 41179.76 27720.64 69383.08 9531.83 10259.28 19994.70…
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Karachi, December 16, 2022 (PPI-OT): KSE100 continues to lose steam, down 1% KSE-100 witnessed a downward trend during the week due to lack of political and economic stability closing in at 41,301 points, down 1% WoW. Sector wise, Refinery (-4.5%), Chemicals (-4.0%), OMCs (-2.9%) and Banks (-1.8%) remained key underperformers whereas Textiles (+2.7%) and Fertilizer…
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Karachi, December 16, 2022 (PPI-OT): Weekly Review In a week which saw range-bound movement for the index, the highlight of the week was Thursday when the market took a hit, culminating to the KSE-100 losing 1.0% WoW to close at 41,301pts. Economic uncertainty caused by enhanced delays in the 9th Review in the program with…
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Karachi, December 16, 2022 (PPI-OT): KSE-100: Bearish candlestick witnessed The index opened on a positive note and faced a volatile session amidst heavy volumes. The local bourse posted an intraday high of 260pts, a low of 628pts and concluded with a loss of 558pts to settle at 41,180pts. The volumes clocked in the last trading…
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Karachi, December 16, 2022 (PPI-OT): Pakistan OMC: LNG spikes as winter settles Europe’s race to procure RLNG has been unparalleled in recent times, and has subsequently led to a much tighter global market for the liquid gas molecule. In this backdrop, Pakistan LNG Limited, one of the two RLNG importers in the country, has been…
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Karachi, December 16, 2022 (PPI-OT):VIS Credit Rating Company Limited (VIS) has revised the entity ratings of FINCA Microfinance Bank Limited (FINCA MFB) to ‘A-/A-2’ (Single A Minus/A-Two) from ‘A/A-1’ (Single A /A-One). The medium to long term rating of ‘A-’ signifies good credit quality; protection factors are adequate. Risk factors may vary with possible changes…
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Karachi, December 16, 2022 (PPI-OT):VIS Credit Rating Company Limited (VIS) has maintained entity ratings of DSV Solutions (Private) Limited (Formerly known as Agility Logistics (Pvt.) Limited) at ‘A/A-2’ (Single A/A- Two). The medium to long-term rating of ‘A’ denotes good credit quality coupled with adequate protection factors. Moreover, risk factors may vary with possible changes…
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