FLASHNEWS:

Day: May 15, 2023

AKD Securities Limited – AKD Technical Daily (May 15, 2023)

Karachi, May 15, 2023 (PPI-OT): KSE-100 – Remains firm above 200-SMAThe index opened on a positive note and faced a volatile session. The local bourse posted a high of 328pts, a low of 31pts and concluded with a gain of 162pts to settle at 41,448pts. T…

JS Securities Limited – JS Research (May 15, 2023)

Karachi, May 15, 2023 (PPI-OT): Banks: Quantifying investor concernsBanking sector profits are scaling historic highs (CY23E Tier I ROE estimated at 27%; highest in 17 years). Valuations for the sector however remain depressed. For perspective, last ti…

CDA Board Members assure to start development works in markets

Islamabad, May 15, 2023 (PPI-OT): Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce and Industry leading a delegation held a meeting with CDA Board Members and discussed with them the matters of starting development work in markets in Is…

AKD Securities Limited – AKD Daily (May 15, 2023)

Karachi, May 15, 2023 (PPI-OT): Pakistan Commodities: Oil LNG Coal Beginning of the endCrude prices have remained relatively volatile with three consecutive weeks of decline followed by a partial recovery after crashing by as much as 11% b/w April and …

PACRA maintains IFS Rating of TRAFCO Insurance Company Limited

Lahore, May 15, 2023 (PPI-OT): TRAFCO Insurance Company Limited is the emergent player in general insurance space. The rating reflects group support by way of planned synergetic benefits between different ventures of TRAFCO Group. The Company’s underwr…

Taurus Securities Limited – Market Roundup (May 15, 2023)

Karachi, May 15, 2023 (PPI-OT): KSE-100 gained 162 points yesterday, to close at 41,488 with 89Mn shares being traded. Top performance as per price change was witnessed in JVDC, DAWH and PKGS. Top decliners POML, AIRLINK and CEPB. Activity was mainly c…