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Karachi, January 06, 2023 (PPI-OT): DAILY STOCK MARKET REPORT Market Position as of January 06, 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 164 Current 15180.10 41007.52 27573.68 70097.48 9246.76 11339.42 20035.32 Minus 139 Previous 15053.38 40716.74 27487.44 69055.06 9350.60 11085.43 19921.18…
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Karachi, January 06, 2023 (PPI-OT): KSE-100 continues positive momentum, gains 1.5% WoW Carrying last week’s momentum, KSE100 Index closed at 41,007, up 1.5% WoW. Investor participation however witnessed a decline of 18% WoW. Key performing sectors this week were Refinery (8.9%%) and E and P (4.3%). Refinery sector remained in the limelight over the possibility…
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Karachi, January 06, 2023 (PPI-OT): Weekly Review The index witnessed an overall volatile week as depleting currency reserves continued to fuel uncertainty throughout, as SBP FX reserves have fallen by approximately US$2bn since Dec’22 began, pulling import cover down to just 1.1x. Although, some respite was seen towards energy stocks such as PPL, OGDC and…
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Karachi, January 06, 2023 (PPI-OT): KSE-100 – Faces a bullish session The index opened on a positive note and faced a bullish session. The local bourse posted an intraday high of 251pts and concluded with a gain of 177pts to settle at 40,717pts. The volumes clocked in the last trading session were marginally higher than…
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Karachi, January 06, 2023 (PPI-OT): Pakistan Cement: Dispatches remain dampen in Dec’22, down 9.4%YoY Local cement dispatches for Dec’22 clocked in at 3.68mn tons, down by 4.8%/9.4% MoM/YoY. Region-wise, North witnessed a steep drop of 12.5%YoY to 2.96mn tons. Richards Bay coal prices have continued to decline amidst lower than anticipated heating demand due to…
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Karachi, January 06, 2023 (PPI-OT):Mr. Irfan Iqbal Sheikh, President FPCCI, has come up with an alternative plan of action vis-a-vis the recently announced National Energy Conservation Plan by the federal government, i.e. limiting the use of electricity to strictly the absolutely necessary lighting, appliances and equipment in homes, government offices, public spaces, shops, markets and…
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Karachi, January 06, 2023 (PPI-OT):Mr. Irfan Iqbal Sheikh, President FPCCI, has explained unequivocally that the newly announced shop timings will not save billions of rupees in energy consumption expenditures as envisaged by the federal government in its National Energy Conservation Plan – as the end result of closing the markets and shops at 08:30 PM….
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