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Karachi, January 20, 2023 (PPI-OT): DAILY STOCK MARKET REPORT Market Position as of January 20, 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 103 Current 14222.78 38407.98 25995.17 65586.03 8605.36 10785.36 18834.23 Minus 194 Previous 14399.60 38831.58 26189.05 66458.95 8709.41 10901.14 18983.52…
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Karachi, January 20, 2023 (PPI-OT): KSE-100 continues with the free-fall, loses 5% WoW The stock market continued on its downward track as political and economic unrest persisted and closed the week in negative territory at 38,408, down 4.8% WoW. Investor participation showed a noticeable decline of 22% WoW. In the first two trading sessions of…
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Karachi, January 20, 2023 (PPI-OT): Weekly Review Continuation of political uncertainty in the country, following the Punjab and KP government dissolution, kept the market under pressure during the week. The KSE-100 index lost ~1,915.5 pts, or 4.8% during the period, to end Friday’s trading session at 38,408.0pts. Volumes were dry during the week, with daily…
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Karachi, January 20, 2023 (PPI-OT): KSE-100: Inches up amidst good volumes The index opened on a positive note and faced a volatile trading session. The local bourse posted an intraday low of 61pts, a high of 274pts and concluded with a marginal gain of 41pts to settle at 38,832pts. The volumes clocked in the last…
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Karachi, January 20, 2023 (PPI-OT): Pakistan Economy: Brace for a 100bps rate hike In an effort to gauge market expectations, AKD held a poll, wherein majority of participants, ~57% of responses, expect the MPC to increase interest rates in the country by 75-100bps. Another 15% expect the interest rates to be hiked by a more…
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Karachi, January 20, 2023 (PPI-OT):Mondelez Pakistan, one of the country’s largest confectionary and beverage manufacturer, has been announced as the Top Employer for the year 2023. Owing to industry-best practices in creating an exceptional work environment and company culture for employees, the organization has been awarded this distinction adding another feather to its hat. Mondelez…
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Islamabad, January 20, 2023 (PPI-OT):Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce and Industry, said that flour is the staple food of the people, but due to the wheat and flour crisis, the prices of flour have increased manifold in Islamabad like the whole country due to which the common man is facing great problems….
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