Web Desk
Karachi, January 03, 2023 (PPI-OT): DAILY STOCK MARKET REPORT Market Position as of January 03, 2023 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 113 Current 14975.25 40630.64 27568.32 68795.94 9390.46 11074.65 19998.61 Minus 192 Previous 15026.32 40815.90 27713.75 69032.94 9450.23 11043.14 20092.16…
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Karachi, January 03, 2023 (PPI-OT): Oil and Gas Marketing Companies – Dec-22: Higher prices continue to dent retail demand as volumes drop 11%y/y Industry volumes for oil marketing companies for the month of Dec-22 declined by 11%y/y to 1.33mn ton bringing industry volumes for 6MFY23 to 9.03mn ton down by 19%Y/y. High Speed Diesel (HSD)…
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Karachi, January 03, 2023 (PPI-OT): KSE-100: Bullish momentum to continue The index opened on a positive note and faced a bullish session amidst heavy volumes. The local bourse posted an intraday high of 610pts and concluded with a gain of 396pts to settle at 40,816pts. The volumes clocked in the last trading session were comparatively…
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Karachi, January 03, 2023 (PPI-OT): Pakistan Power: An update on the country’s IPPs Overdue receivables of CPEC IPPs has amounted to ~PkR250-300bn as per recent newsflow, leading to disappointed Chinese investors alongside lower utilization of these plants as they remain cash-strapped. While CPPA-G and NEPRA have expressed their support for KAPCO regarding the renewal, we…
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Lahore, January 03, 2023 (PPI-OT):Multi Resin Industries (‘MRI’ or ‘the Firm’) is primarily engaged in the manufacturing and sale of industrial resins, characteristically used across a wide range of corporate sectors in Pakistan. The ratings reflect firm’s emerging presence in chemical industry underpinned by the supply of a diversified product portfolio to create value for…
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Karachi, January 03, 2023 (PPI-OT):VIS Credit Rating Company Limited (VIS) has withdrawn the entity ratings assigned to Staple Foods (Pvt.) Limited (SFPL), with immediate effect, on account of non-renewal of rating contract. The previous rating action was announced on January 10, 2022. For more information, contact: Director Compliance and Rating Analytics, VIS Credit Rating Company…
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Lahore, January 03, 2023 (PPI-OT): JS Rental REIT Fund (or the “Fund”) is a perpetual, closed-end, conventional rental Scheme launched by JS Investment Limited. The Fund’s objective is to achieve regular and stable returns through investments in a fully developed portfolio of sustainable developments and yielding assets in the real estate sector in Pakistan. The…
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