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Karachi, December 19, 2022 (PPI-OT): DAILY STOCK MARKET REPORT Market Position as of December 19, 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 82 Current 15076.12 40970.82 27565.85 68568.83 9511.39 10227.04 19859.66 Minus 220 Previous 15241.80 41301.48 27809.20 69506.83 9500.81 10328.33 20070.69…
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Karachi, December 19, 2022 (PPI-OT): KSE-100 Range bound likely The index opened on a positive note and faced a volatile session amidst heavy volumes. The local bourse posted an intraday high of 214pts, a low of 92pts and concluded with a gain of 122pts to settle at 41,301pts. The volumes clocked in the last trading…
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Karachi, December 19, 2022 (PPI-OT): Pakistan Economy: CAD improves in Nov’22, blip or trend Pakistan’s Current Account Deficit (CAD) for Nov’22 improved to a paltry US$276mn, compared to US$569mn in the earlier month. This takes Pakistan’s CAD for 5MFY23 to US$3.1bn, lower by 57%YoY. The improvement in the month’s numbers is largely attributable to better…
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Lahore, December 19, 2022 (PPI-OT):45 years of serving our customers. 45 years of commitment with operational excellence. 45 years of effort and perseverance. What started off as a small set-up in a 500 sq ft room in a rented building, now has a global footprint across 8 countries and a diverse work-family from 28 different…
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Lahore, December 19, 2022 (PPI-OT):Descon has officially announced its intentions to diversify in to agriculture by setting up a division called Descon Agri Businesses (DAB). This new venture seeks to innovate and improve upon the existing farm productivity and agriculture value-chain, helping provide the nation with nutritious produces and sustained economic growth. Over the decades,…
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Lahore, December 19, 2022 (PPI-OT):Engro Polymer and Chemicals Limited (EPCL) and Descon Engineering (Industrial Services Division) signed a contract for the award of EPCL TA-2022. The contract signing ceremony was attended by senior leadership of both companies including Mr. Jahangir Paracha (CEO, EPCL), Mr. Taimur Saeed (CEO, DEL), Mr. Mahmood Siddique (VP, Manufacturing, EPCL), Mr….
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Karachi, December 19, 2022 (PPI-OT):Mr. Irfan Iqbal Sheikh, President FPCCI, has apprised that, in a landmark achievement, FPCCI and Algerian Chamber of Commerce and Industry (CACI) have established Joint Business Council (JBC) aimed at broad-based and strategic objectives: (i) to ensure direct exchange of information among Algerian and Pakistani business communities regarding economic and market…
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