Daily Archives: May 11, 2017

Elixir Securities Limited

Karachi, May 11, 2017 (PPI-OT) Pakistan Equities resumed its northbound ride and settled at a new record close with Oils and Cements leading the day’s gains. Market opened positive with index heavy Oils opening gap …

JS Securities Limited

Karachi, May 11, 2017 (PPI-OT) We revisit our banking sector estimates, where we revise up our Deposits and Advances growth assumptions on the back of growing (1) project financing requirements led/fueled by CPEC projects and …

AKD Securities Limited Equity Research

Karachi, May 11, 2017 (PPI-OT) The significant rise in current account deficit (2% of GDP in 9MFY17 vs. 0.83% in comparable period) has emerged as a serious concern for the external account. This downward spiral …

Initial Public Offering of Ittefaq Iron Industries Limited receives an overwhelming response

Karachi, May 11, 2017 (PPI-OT) The Initial Public Offering (IPO) of Ittefaq Iron Industries Limited received an overwhelming response from Institutional and High Net Worth Individual Investors during the book building held yesterday. The Company …

Tough time for value added textile sector hurting exports

Karachi, May 11, 2017 (PPI-OT) On the announcement of Special Textile Package by the Honourable Prime Minister Mian Nawaz Sharif, Textile Exporter took sigh of relief and they were optimistic that the country’s exports will …

Truckers’ strike in Karachi, business community sound alarm

Karachi, May 11, 2017 (PPI-OT) The ongoing strike by the truckers in Karachi is causing massive losses to the trade and industry. Ismail Suttar, President, Lasbela Chamber of Commerce and Industry (LCCI) has said that …