FLASHNEWS:

Day: May 16, 2023

AKD Securities Limited – AKD Daily (May 16, 2023)

Karachi, May 16, 2023 (PPI-OT): DGKC – Treading on thin iceDGKC has not yet announced any expansion, while the industry’s installed capacity has increased by 20% during the current fiscal year. This is predicated on the expansion undertaken by DGKC in …

JS Securities Limited – JS Research (May 16, 2023)

Karachi, May 16, 2023 (PPI-OT): Mar-2023: Stalled industrial activity takes LSM growth to 3-year lowLarge Scale Manufacturing (LSM) growth for Mar-2023 came in at a 3-year low at -25% YoY, over slower economic activity and stricter import conditions. T…

Taurus Securities Limited – Market Roundup (May 16, 2023)

Karachi, May 16, 2023 (PPI-OT): KSE-100 gained 231 points yesterday, to close at 41,718 with 109Mn shares being traded. Top performance as per price change was witnessed in LOTCHEM, PAKT and HCAR. Top decliners POML, PPL and OGDC. Activity was mainly c…

Huawei and SAMENA Hosted the 5.5G Leaders’ Summit

Islamabad, May 16, 2023 (PPI-OT): Huawei Middle East and Central Asia and SAMENA Telecommunications Council jointly hosted the 5.5G Leaders’ Summit at Atlantis the Palm, Dubai, UAE, with a theme “10Gbps, Striding towards the 5.5G Era”.The 5.5G Leaders’…