In this episode of Stock Watch, Nukta’s Shuja Qureshi and Shahbaz Ashraf analyze the latest quarterly earnings of D.G. Khan Cement Company, Bank Al Habib, and Millat Tractors Limited
Watch the video for the breakdown from Nukta Presenter Shuja Qureshi and Head of Research Shahbaz Ashraf
The absence of near-term bullish drivers, coupled with mutual fund outflows, pressured the Pakistan Stock Exchange this week
Watch as Nukta breaks down the quarterly results
Watch for an unpacking of investor concerns beyond geopolitics and assess their short-term impact on market sentiment
Watch the full video for in-depth analysis
Watch the full episode for an insightful analysis of the Pakistan Stock Exchange
The benchmark index plunged to an intra-day low of 157,678 on the opening day, only to rebound nearly 9,000 points over the next two sessions
Engro Fertilizers posted a 4% quarter-on-quarter increase in earnings for the September period
Profit trends and surprises revealed
KSE-100 index soars amid Saudi defense deal, energy reforms, and improving US ties, boosting investor confidence
The KSE-100 index surged 3,597 points (2.3%) to a record 158,037
Escalating geopolitical tensions and delays in finalizing the power sector’s circular debt resolution plan dampened investor sentiment
Kohat Cement Company reported an earnings growth of 30% year-on-year, whereas Interloop saw a sharp decline of 66% in its profitability during the same period
The Pakistan Stock Exchange saw a strong rebound this week, driven by increased investor interest in banking and cement stocks
The Bank of Punjab surprised the market with an interim dividend
The benchmark KSE-100 index declined by 875 points, or 0.58%, closing at 148,618, reflecting growing caution amid climate-related risks
This week, the Pakistan Stock Exchange shattered a major psychological barrier
The Pakistan Stock Exchange closed the week on a positive note, driven primarily by strong performance in the banking sector
The bullish momentum at the Pakistan Stock Exchange showed no signs of slowing down this week
