FLASHNEWS:

Day: May 12, 2023

Taurus Securities Limited – Market Roundup (12- May-2023)

Karachi, May 12, 2023 (PPI-OT): KSE-100 gained 251 points yesterday, to close at 41,326 with 97Mn shares being traded. Top performance as per price change was witnessed in PGLC, POML and PKGS. Top decliners JVDC, BNWM and HMB. Activity was mainly conce…

JS Securities Limited – Weekly Review (12 May 2023)

Karachi, May 12, 2023 (PPI-OT): Political turmoil causes KSE100 to lose 2% WoWIn a turnabout from previous trend, market closed negative this week, losing a total of 754 points over rising political temperature and delay in completion of IMF’s ninth re…

AKD Securities Limited – AKD Technical Daily (12- May-2023)

Karachi, May 12, 2023 (PPI-OT): KSE-100 – Consolidating above 200-SMAThe index opened on a positive note and faced a bullish session in the last trading session. The local bourse posted a high of 424pts and concluded with a gain of 251pts to settle at …

AKD Securities Limited – Stock Smart (12 May 2023)

Karachi, May 12, 2023 (PPI-OT): Weekly ReviewIn a week mired with political uncertainty, the country presently needs additional financing for the successful completion of long standing 9th IMF review whereas Pakistan has assured the IMF it will not imp…

AKD Securities Limited – AKD Daily (12- May-2023)

Karachi, May 12, 2023 (PPI-OT): Pakistan Auto – Auto sales – Worsening inventory issuesTotal industry sales for April’23 clocked in at 4,463 vehicles (-84%YoY/-65%MoM), consisting of 2,844 passenger cars (-85%YoY/-61%MoM), 1,619 LCVs and Pickups (-59%Y…