FLASHNEWS:

Day: May 18, 2023

AKD Securities Limited – AKD Technical Daily (18 May 2023)

Karachi, May 18, 2023 (PPI-OT): KSE-100 – Corrective move expectedThe index opened on a positive note and faced a volatile session. The local bourse posted a high of 104pts, a low of 188pts and concluded with a loss of 173pts to settle at 41,834pts. Th…

AKD Securities Limited – AKD Daily (18 May 2023)

Karachi, May 18, 2023 (PPI-OT): Pakistan Oil and Gas – Gas circular debt – Growing fatalEnergy chain’s circular debt has deeply marred any prospects the state owned energy companies have had against depleting hydrocarbon reserves/growing energy needs o…

JS Securities Limited – JS Research (18 May 2023)

Karachi, May 18, 2023 (PPI-OT): AVN and OCTOPUS: Management remains hopefulAvanceon Limited (AVN) is one of the leading Pakistan based technology businesses with a global footprint in the automation and system integration market. The company held its C…

Taurus Securities Limited – Market Roundup (18 May 2023)

Karachi, May 18, 2023 (PPI-OT): KSE-100 lost 173 points yesterday, to close at 41,834 with 125Mn shares being traded. Top performance as per price change was witnessed in GADT, SRVI and PABC. Top decliners FHAM, DAWH and BNWM. Activity was mainly conce…

ICCI calls for Pak-Turkiye FTA to boost bilateral trade

Islamabad, May 18, 2023 (PPI-OT): S.M. Tanveer, Minister for Industries and Commerce of Punjab said that Pakistan and Turkiye enjoy exemplary friendship and it is the right time that the business community of both countries should strive for developing…